India's BPCL to Establish New Refinery to Cater to Increased Demand

Tuesday, June 11, 2024

State-run Bharat Petroleum Corporation (BPCL) plans to establish a new 12 million metric tonnes per annum (MMTPA) refinery in India, as reported by two industry officials. This project will involve an investment of approximately Rs 50,000 crore. B...


Dr. Reddy's Laboratories Inaugurates new Biologics Unit in India

Wednesday, June 05, 2024

Dr. Reddy’s Laboratories announced that its contract research, development, and manufacturing organization (CRDMO) arm, Aurigene Pharmaceutical Services Limited, has inaugurated a new biologics facility spanning 70,000 sq ft in Genome Valley, Hyde...

Kyrgyzstan to Boost Renewable Energy Output via LiDAR

Tuesday, June 04, 2024

The U.S. Agency for International Development (USAID), through its Power Central Asia initiative, has supplied Kyrgyzstan's Ministry of Energy with a Light Detection and Ranging (LiDAR) unit. According to the U.S. Embassy in Kyrgyzstan, the precis...

OPEC+ Cuts Oil Production until 2025

Monday, June 03, 2024

OPEC+ has announced an extension of its substantial oil production cuts into 2025, aiming to stabilize the market amid sluggish demand growth, elevated interest rates, and increasing U.S. oil production. The group will maintain its current reducti...

Japan's Factory Activity Witnesses Growth First time this Year

Monday, June 03, 2024

Japan's factory activity expanded for the first time in a year in May, a private-sector survey showed on Monday, but overall growth was modest and demand was still subdued while a weak yen raised the cost of imported items for some...


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