Fuel and energy

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 56.37 per barrel (bbl) on 16.10.2017

The delivery marks the fifth helicopter leased to Heligo in 2017, increasing the Mumbai-based operator’s fleet and enabling expansion of both on- and offshore services. 

 Under the terms of the multi-year agreement, Hexcel will supply Vestas with advanced prepreg (glass fiber-reinforced resin systems) manufactured at Hexcel plants in Neumarkt (Austria), Windsor (Colorado, USA) and Tianjin (China).

The Commission of the Ministry of Energy of Russia, which also included representatives of Rostekhnadzor, EMERCOM of Russia, System Operator, Rosseti, evaluated the results of the preparation of IDGC of Centre for the autumn-winter period.

Yokogawa Electric Corporation announces that it has participated in the Series B round of funding for FogHorn Systems Inc., a Silicon Valley startup that is a leading developer of fog computing technology.

Americas crude tankers gain on US exports.

Global research on the effects of carbon dioxide (CO2) on the ocean will get a boost as the US Government announced a further $433,000 to support the IAEA Ocean Acidification International Coordination Centre (OA-ICC).

Mecachrome Aeronáutica has inaugurated today in Évora (Portugal) its new plant for manufacturing titanium parts for aircraft engines. 

Global Crude oil price of Indian Basket was US$ 55.08 per bbl on 12.10.2017.