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Indian refiners issue tenders to boost domestic shipping

NEW DELHI / SINGAPORE / Reuters Two of India’s state-owned oil refiners have issued tenders seeking to charter tankers for at least five years while giving preference to Indian companies, tender documents reviewed by Reuters showed, which would boost domestic shipping firms battered by slumping tanker rates. India’s Ministry of Shipping asked the refiners to issue long-term crude import tenders ...

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US firms invited to bid for Saudi N-plants

RIYADH / Reuters Saudi Arabia has invited US firms to take part in developing its civilian nuclear power programme, Energy Minister Khalid al-Falih said on Monday, adding the kingdom was not interested in diverting nuclear technology to military use. Reuters has reported that Westinghouse is in talks with other US-based companies to form a consortium for a multi-billion-dollar project to ...

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US fuel sellers saddle up for Mexico’s newly free market

Bloomberg From oil majors to trading companies to pipeline operators, US companies are jumping at the chance to supply a newly free Mexico fuel market. After years of preparation, Mexico finished liberalizing prices for gasoline and diesel across the country. Foreign companies were allowed to start moving fuels in April last year, but now consumers’ costs will be more closely ...

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