Despite the OPEC-led cuts, not all regions are in tight supply.98 million barrels per day (bpd) from October levels,” ING bank said in a note.Overall, oil markets have been tightened this year by US sanctions on oil exporters Iran and Venezuela, as well as supply cuts by the producer club of the Organization of the Petroleum Exporting Countries (OPEC) and some non-affiliated producers, a group known as OPEC+.19 million bpd in October to 890,000 bpd in March, while output from Iran has fallen from 3. given the relatively more bearish fundamentals in the U. Declines from these two exempt countries account for almost 47 per cent of the reduction seen from OPEC,” ING said. The forecast cut 0.. market,” said ING bank.Oil production in the United States has risen by more than 2 million barrels per day since early 2018, to a record 12.8 million barrels.“US crude oil inventories remain stubbornly high,” it added.71 million bpd due to sanctions.Both benchmarks hit five-month highs on Tuesday, before easing on global growth worries.1 million barrels in the week to April 5, to 455.US crude stocks rose by 4.2 million bpd.2 percentage point from the IMF’s outlook in January.“Venezuelan oil output is estimated to have fallen from 1.

The Dutch bank said the reduction was not only down to voluntary supply cuts, which the group started this year to prop up prices.66 per barrel at 0158 GMT, up 5 cents from their last close.2 per cent, above their last settlement.33 million bpd to 2.1 million barrels in the week to April 5, to 455.The International Monetary Fund (IMFI) warned on Tuesday that the global economy was slowing more than expected and that a sharp downturn may be looming.In its third downgrade since October, the IMF said the global economy will likely grow 3.US crude stocks rose by 4.S. Brent and WTI crude oil futures have risen by around 40 per cent and 30 per cent respectively since the start of the year.8 million barrels, data from industry group the American Petroleum Institute showed on Tuesday.US West Texas Intermediate (WTI) crude oil futures were at USD 64.3 per cent this year, the slowest expansion since 2016.“WTI has not seen the same strength (as Brent).International benchmark Brent futures were at USD 70.

Singapore: Oil prices crept higher on Wednesday, supported by supply cuts by producer club OPEC and US sanctions against oil exporters Iran and Venezuela, but restricted by expectations that an economic slowdown could soon dent fuel consumption...10 per barrel, up 12 cents, or 0.“The global oil market is clearly moving back towards balance thanks to OPEC+ production cuts.On the demand side, there are concerns that an economic slowdown will soon hit fuel consumption.As a result, Brent and WTI crude oil futures https://www.cjscrewbarrel.com/product/injection-molding-barrel-screw/injection-molded-screw-parts/ injection molding screw head and rings Manufacturers have risen by around 40 per cent and 30 per cent respectively since the start of the year. OPEC production has fallen 1

Oil prices have gained 20 per cent since January to just shy of $80 per barrel, a level not seen since 2014.“It is very important for Asia to reduce its oil dependency and increase its energy efficiency .“Asia is most vulnerable to an oil price spike,” Canadian investment bank RBC Capital Markets warned in a note this month, after oil prices hit their highest since November 2014.“Poorer countries with limited borrowing capacity may face financing difficulty amid higher import bills,” RBC said.

Anil Mittal, who runs a container logistics company and is a member of Bombay Goods Transport Association, said his firm was “already operating at wafer-thin margins” before prices rose.Chryss Alfonsus https://www.cjscrewbarrel.com/product/injection-molding-barrel-screw/injection-molded-screw-parts China Wholesale injection molding screw head and rings Damuy, President and Chief Executive at Philippine firm Chelsea Logistics, said his firm could be affected by higher oil prices, but “we can pass on the effect to consumer via price adjustments. Many small transport firms like his “are struggling to pay back bank loans they took to buy trucks. Asia-Pacific consumes more than 35 per cent of the 100 million barrels of oil the world uses each day. That’s almost 10 per cent of global consumption.Unless fuel is heavily subsidized, households and businesses in poorer countries are also more vulnerable to rising oil prices than they are in wealthier nations. Surging costs could have an inflationary effect that will hurt both consumers and companies. to protect itself from future oil shocks,” RBC Capital Markets said.“Diesel prices have jumped 16 percent in a year, but I couldn’t raise freight charges by 5 per cent.Oil prices have gained 20 per cent since January to just shy of $80 per barrel, a level not seen since 2014..Inflation, rising costsUS bank Morgan Stanley said this week that diesel use contributes 10-20 per cent to cash costs for miners, while oil contributes from 4 per cent to 50 per cent to the cost of power generation, depending on a company’s or country’s fuel mix.Diesel & LogisticsSome companies say they will pass on any higher costs to consumers. That compares to just 1-2 per cent in wealthy countries like Japan or Australia.China is by far Asia’s - and the world’s - biggest importer of oil, ordering 9. Most damage will be done to countries like India and Vietnam, which not only rely heavily on imports, but also where national wealth is not yet large enough to absorb sudden increases in fuel costs.Asia is also the world’s smallest oil producing region, accounting for less than 10 per cent of output.Asia-Pacific consumes more than 35 per cent of the 100 million barrels of oil the world uses each day, according to industry data, with the region’s global share steadily rising.At current prices, this amounts to a Chinese oil import bill of $768 million per day, $23 billion per month - a whopping $280 billion a year.“A rising oil price therefore shifts the entire cost curve higher,” it said.

If I charge more, clients will use cheaper railroads,” Savla said..The “diesel price hike has hit our business hard,” he said. Singapore: Oil prices are poised to break through $80 per barrel and Asia’s demand is at a record, pushing the cost of the region’s thirst for crude to $1 trillion this year, about twice what it was during the market lull of 2015-2016.Other Asian countries are even more exposed to rising oil prices.With the US dollar - in which virtually all oil is traded - also growing stronger, concerns are rising that economies will take a hit, especially in import-reliant Asia.

Given the economic costs and its reliance on imports, economists say it is time for Asia to limit its exposure to oil.6 million barrels per day in April.”Others said if they burden consumers with higher costs, they will lose clients.In developing economies like India, Vietnam or the Philippines, fuel costs eat up around 8-9 per cent of an average person’s salary, according to Reuters research and figures from statistics portal Numbeo.Ashish Savla, owner of 50-truck strong Pravin Roadways in Mumbai, India, said diesel accounts for more than half of his company’s expenses, and that it was difficult to pass rising expenses on to customers

This digital services business has been built to address the entire value chain across the digital services domain with smart applications to make life simple, beautiful and secure," he said. Petrochemicals EBIT margin were at all-time high of 15."Retail business, he said, witnessed accelerated growth momentum with 74 per cent revenue growth. Debt grew to Rs 200,674 crore as on June 30, as compared to Rs 196,601 crore as on March 31, while cash in hand fell to Rs 72,107 crore from Rs 77,226 crore.The company had reported a gross refining margin of USD 11."

Exceptional item during the quarter was Rs 1,087 crore representing profit from divestment of stake in Gulf Africa Petroleum Corporation (GAPCO)," the statement said. Loss in oil and gas exploration and production business widened to Rs 373 crore from Rs 312 crore in Q1 of FY17.Ambani said full commissioning of new PX facility at Jamnagar during the quarter will strengthen the integration within polyester chain.Revenue was also boosted by robust growth in retail business which recorded a 73.7 per cent to Rs 90,537 crore for the June quarter of 2017-18. Employee cost increased by 16.1 a share) in the same period of the last financial year, RIL said in a statement.RIL, which owns and operates the world& https://www.cjscrewbarrel.com/product/extruder-screw/film-blowing-machine/ blown film extruders Manufacturers 39;s largest refining complex at Jamnagar in Gujarat, earned a nine-year high margin of USD 11..Pre-tax profit from refining business was up 13.RIL had a net profit of Rs 7,113 crore in April-June of the previous fiscal.6 per cent increase to Rs 11,571 crore.3 per cent at Rs 2,455 crore while other expenditure rose 20.5 per barrel in the same period of the previous fiscal.

Companies revenue was up 26.Revenue grew 26.7 per cent to Rs 90,537 crore primarily on account of increase in prices and volumes of refining and petrochemical products, partially offset by lower prices and volumes from oil and gas exploration and production business.More announcements on Jio are expected at the company's annual general meeting in Mumbai tomorrow. RIL has over past 3-4 years made significant investments in new plants, creating organic growth platforms for its energy and materials businesses, he said.7 per cent jump to Rs 4,031 crore. "Strong refining and petrochemicals margin environment contributed to higher operating profits for the quarter," it said.RIL however did not provide much details on its telecom venture Jio, which commenced operations in September last year and has been the cause of most of RIL's debt and drop in cashpile.9 on turning every barrel of crude oil into fuel during the quarter under review.8 per share) was 28 per cent higher than Rs 7,113 crore (Rs 24."Jio's innovative market approach backed by superior HD quality VoLTE voice and data strong network has unlocked latent demand for data and growth ahead of all industry estimates," it said.2 per cent to Rs 10,332 crore due to increase in power and fuel expenses.

Jio, it said, has become the fastest # growing technology company in the world with more than 100 million subscribers in just 170 days, followed by the largest free-to-paid services migration. Telecom arm "Jio has revolutionised the Indian telecom and data consumption landscape.

New Delhi: Oil-to-telecom conglomerate Reliance Industries Ltd today reported its highest quarterly consolidated net profit of Rs 9,108 crore in three-months to June 30 on the back of higher petrochemical margins and one- time gain from sale of African asset. Also, ramp-up of ethane import project has helped in diversifying feedstock sources and mitigating risks.

RIL CMD Mukesh Ambani said: "Our industry leading portfolio of assets in the refining and petrochemicals business contributed to considerable improvement in our earnings for the quarter.4 per cent at Rs 7,476 crore while petrochemical saw a massive 43.Organised retail saw pre-tax profit almost doubling to Rs 292 crore.8 per cent.Net profit in the April-June quarter of current fiscal at Rs 9,108 crore (Rs 30

It is a long career, and at times a lonely one.But as security deteriorated and the initial euphoria after the US invasion dissipated into stress, trauma and loss, more and more young men took to the gym.."Nowadays people are concerned about fleeing the country rather than taking up sport," he says."I have been a teacher of myself," he says, adding that his dumbbells are "more efficient than foreign dumbbells".

They want to show their bodies, they want to attract the attention of the people, and they want to have different looks and to look different than the others," he said.Under Taliban rule, he worked for four months in Kabul before eventually fleeing again, fearing their restrictions despite their views on bodybuilding.."I believe if you do sport or exercise naturally, it is better than protein," he says, warning of detrimental side effects. (https://www.cjscrewbarrel.com/) extruder replacement partss Suppliers Kabul: Hindi music pumps from the speakers as dozens of Afghan men grunt and sweat their way through a workout beneath the watchful eye of a young Arnold Schwarzenegger, whose muscle-bound image hangs from the wall. Arezo says his gym’s membership has shrunk.

Stress and frustration: Regardless of the method, sport can help ease the psychological trauma of nearly four decades of war, says Ali Fitrat, a psychology professor at Kabul University."Arnold was my."Before my workout.The old days: It was not always so.Though now a trainer himself, guiding hundreds of Afghan youths through lifts and crunches, he never had the guidance of one.Afghans are stressed socially, culturally, financially and politically, he said, citing fighting, insecurity and poor economic conditions as some of the most devastating factors."Nowadays, bodybuilding clubs are everywhere in the city, and everyone has made a gym of his own," he says.Despite a surge in bombings and suicide attacks, life goes on, he says, and young Afghans want to "make their mark".

However, security continues to deteriorate in Kabul, where both the Taliban and the Islamic State group have stepped up their attacks.Years ago he made the equipment and dumbbells in his gym from spare car parts as there was no place to buy them.As such, he says sports such as bodybuilding can play a "vital role".He himself was only inspired to take it up after seeing movies and posters featuring foreigners such as Schwarzenegger.The sport has a long tradition in Afghanistan, and was even tolerated by the Taliban when they ruled the country from 1996-2001.

Today’s bodybuilding is not natural. The scene inside this Kabul gym is repeated at venues all round the capital, where bodybuilding has become ubiquitous since the fall of the Taliban regime.Many fearful residents now limit their movements.. role model," he says, smiling as he remembers how expensive postcards featuring the star were.He has trained hundreds of bodybuilders in his career, but is suspicious of new methods employed by many young Afghans, including taking protein supplements to boost their abilities.So, along with Schwarzenegger, other stars from Hollywood and Bollywood such as Sylvester Stallone and Salman Khan are held up as heroes, and the gyms stay busy for hours, filled with music and camaraderie as men tone their bodies to perfection. One way is through sporting success.Afghan bodybuilding legend Aziz Arezo reminisces about his time as a teenage lifter, when there were "very, very few people" in the capital who knew anything about the sport. I was drinking carrot and banana juice, and post-training, I was taking two eggs, three glasses of milk, one bowl of beans and lentils, and it was everyday food for me," he says.

The sport has a long tradition in Afghanistan, and was even tolerated by the Taliban when they ruled the country from 1996-2001 -- so long as the men wore long trousers as they lifted."Everyone, everywhere in Afghanistan, wants to have a beautiful body shape, and this sport is a favourite sport for every young man," says Hares Mohammadi, a law and political science student turned champion bodybuilder who is also a trainer at one gym in Kabul.Speaking to AFP between lifting weights at his small gym in Kabul, Arezo -- his physique not quite what it was in his glorious bodybuilding past -- reels off his long list of accolades, including being named Afghanistan’s first master sport bodybuilder by the country’s Olympic Committee in the 1970s.

The 25-year-old, dressed in grey, strikes different poses showing off his carefully honed muscles, and warms up his chest and shoulders ahead of a regional bodybuilding competition.But, like Mohammadi, he also suggests that young men in particular have a strong desire to make their mark.The scene inside this Kabul gym is repeated at venues all round the capital, where bodybuilding has become ubiquitous since the fall of the Taliban regime.

Because of the reduction in excise duty, diesel prices had on October 4, 2017, come down to Rs 56. State-owned oil companies in June last year dumped the 15-year old practice of revising rates on 1st and 16th of every month and instead adopted a dynamic daily price revision to instantly reflect changes in cost. Petrol price in Delhi was hiked to Rs 74. Petrol and diesel prices were last revised on April 24 when they were hiked by 13 paise each.Petrol prices in Delhi registered a fresh high in four years and eight months .

Also, the rupee has weakened to Rs 67 per US dollar from Rs 66.98 now, according to sources privy to fuel pricing methodology.93, according to a price notification issued by state-owned oil marketing companies.Oil PSUs have refused to acknowledge if the freeze followed a government diktat so as to help ruling BJP in Karnataka.68 per barrel to USD 88.63 a litre on April 24, to USD 82.89 per litre and petrol to Rs 68.14. This led to its excise mop up more than doubling to Rs 2,42,000 crore in 2016-17 from Rs 99,000 crore in 2014-15.

After a 19-day pre-Karnataka poll hiatus, petrol price was today hiked by 17 paise a litre and diesel by 21 paise as PSU oil firms began passing on the spike witnessed in international rates to consumers.63 while diesel rates were increased to Rs 66. If this practice was followed in letter and spirit, petrol and diesel prices should have been increased by Rs 1. But prices were frozen thereafter.47 per litre to take away gains arising from plummeting global oil prices. The BJP-led government had raised excise duty nine times between November 2014 and January 2016 to shore up finances as global oil prices fell, but then cut the tax just once in October last year by Rs 2 a litre.63. Finance Secretary Hasmukh Adhia and Economic Affairs Secretary Subhash Garg have in the past weeks ruled out any immediate reduction in excise duty to cushion the increases warranted from a spike in international oil price. The government had between November 2014 and January 2016 raised excise duty on petrol by Rs 11.88 per litre in Delhi and diesel Rs 59. 

State-owned oil marketing companies are estimated to have lost about Rs 500 crore as they absorbed higher cost resulting from the spike in international oil rates and fall in rupee against the US dollar.77 a litre and that on diesel by Rs 13. Oil PSUs, who had kept rates unchanged for nearly three weeks before Karnataka went to polls despite input cost spiking, reverted to daily revision in prices no sooner had the state voted to elect a new government on Saturday.62, making imports costlier.80 per litre from Rs 74.5 a litre in last 19 https://www.cjscrewbarrel.com/product/extruder-screw/mini-screw/three-dimensional-printer-screw.html three-dimensional printer screws Manufacturers days, an analyst tracking the sector said.Indian Oil Corp (IOC) Chairman Sanjiv Singh last week said that the state-owned firms were "temporarily moderating" prices to avoid sharp spikes and panic among consumers. 

However, a global rally in crude prices pushed domestic fuel prices far higher than those levels..14 a litre from Rs 65. Oil Minister Dharmendra Pradhan had last month denied reports of a directive to state oil firms to absorb at least Re 1 a litre hike by not raising prices in line with cost. Oil PSUs, which have been since June last year revising auto fuel prices on a daily basis to reflect changes in the cost, have kept pump rates static since April 24, an analysis of daily price notification issued by oil companies showed.38 per litre. This despite benchmark international rate for petrol going up from USD 78. The central government had cut excise duty by Rs 2 per litre in October 2017, when petrol price reached Rs 70.84 per barrel, which was used for raising the price to Rs 74. Prices have since then moved more or less in tandem with international rates barring a few exceptions like the period before a crucial election. The benchmark international diesel rates during this period have climbed from USD 84. With this, diesel prices have touched a record high while petrol is at a 56-month peak. 

The prices at petrol pumps of state-owned fuel retailers like Indian Oil Corp (IOC) were cut by 1-3 paise every day in the first fortnight of December 2017 before Gujarat went to polls. The government had in June 2010 freed petrol price from its control and the diesel rates were deregulated in October 2014. They started moving up immediately after polling for assembly elections in Gujarat concluded on December 14, leading to speculation that government may have asked oil companies to hold the prices. A global rally in crude prices pushed domestic fuel prices far higher than those levels

Faculty and students of IIT-B, along with the supply of these lamps will be training the women of villages to let them understand the solar technology. Through this project, they want to promote education among the students but in an environmental friendly manner.https://www.cjscrewbarrel.com/product/injection-molding-barrel-screw/ screw barrel of injection moulding machines Factory Module one consists of a lamp that provides LED light and a solar panel that is placed outside under the sun.

Also, as these lamps are inflammable there are high chances of mishaps like fire causing burn injuries or even death. Apart from the lamps, IIT-B aims to introduce other solar products like home lighting, water pumps, solar cooking to build a solar eco system. Through this project, the institute is lighting up homes with renewable energy and providing rural women with the chance to become entrepreneurs.

The battery life of these lamps is 10 to 12 hours when on low mode and 5 to 6 hours when on high mode. Under this intervention, one million children in Maharashtra, Madhya Pradesh, Odisha and Rajasthan have been given the solar lamps. Last year, the ministry of new and renewable energy sanctioned the project after which around 70 lakh solar study lamps will be provided in Assam, Bihar, Jharkhand, Odisha and Uttar Pradesh. Hence, the idea of using renewable energy (solar) is safe and this will build a solar eco system,” said Harshad Supal, member of the technical team of SoUL project.Solanki who is from the epartment of Energy Science and Engineering of IIT B and initiated the project in the year 2013 said it was done keeping in mind the eradication of kerosene lamps in villages especially among school children.

The Indian Institute of Technology-Bombay (IIT B) have initiated ‘Solar Urja Lamp’ (SoUL) that aims to provide solar study lamps to the rural students through skill transfer to local communities.  According to an IIT-B professor Chetan Singh Solanki (who is part of the project), there are two types of solar lamps – module one and module two. Module one consists of a lamp that provides LED light and a solar panel that is placed outside under the sun. Module two solar lamp also consists of a mobile charging pin.“We fail to realise but kerosene lamps emit carbon dioxide fumes which are inhaled by the children causing damage to their body.Under this intervention, one million children in Maharashtra, Madhya Pradesh, Odisha and Rajasthan have been given the solar lamps.

The government had in June last approved the Delhi Solar Energy Policy aimed at generating 1,000 MW solar power by 2020. Power minister Satyendra Jain on Friday said that the government will get more clean energy, if required, to keep air pollution in check. The average cost of purchase of electricity in Delhi is at present China screw barrel of injection moulding machines Factory Rs 5.

Around 1,000 MW clean energy will be purchased for Delhi,” he said. The central government agency, Solar Energy Corporation of India (https://www.cjscrewbarrel.com/product/injection-molding-barrel-screw/) Limited, will be the nodal agency for undertaking the tendering process for the project.The government is planning to provide subsidy to farmers for purchasing solar pumps for irrigation purposes.“Discussions with the three discoms were on for six months and they have agreed and an in-principle agreement has been reached. Shops and cottage enterprises in residential areas using up to 5 KW will be treated under ‘domestic category’, bringing down power bills of the poor.50 per unit,” he said.Mr Jain said it was expected that the clean electricity cost will be below Rs 3 per unit.

Our expectation is that the cost will be below Rs 3 per unit.The government had in June last approved the Delhi Solar Energy Policy aimed at generating 1,000 MW solar power by 2020.. Satyendra Jain New Delhi: In a major step towards implementing the Aam Aadmi Party government’s solar policy, the power distribution companies will be able to purchase 1,000 MW of clean electricity by the year 2019

This apart, 136 toilets at petrol pumps are also being monitored under the ongoing special drive by the SDMC.According to a senior official, there are 365 toilets under the ambit of the SDMC, which are under being closely monitored by the senior officials. People can register complaints about the various shortcomings of the public toilets on Union urban development ministry’s Swachhata App, Umesh Sachdeva, the engineer -in-chief of SDMC said.. Also, 79 toilets at the malls and those opened in hotels and restaurants situated in the markets for women and children also being inspected regularly by SDMC staff.  

According to a senior  official, there are 365 toilets under the ambit of the South Delhi Municipal Corporation (SDMC), which are under being closely monitored by the senior officials. This apart, 136 toilets at petrol pumps https://www.cjscrewbarrel.com extruder replacement partss Suppliers are also being monitored under the ongoing special drive by the SDMC. 

Intensifying its efforts to ensure cleanliness and full operation of its public toilets under a special drive, the SDMC has deployed around 125 engineers to inspect them on a daily basis so that the noticed deficiencies get rectified immediately

The company earned USD 5.86 on turning every barrel of crude oil into fuel during April-June, 2017-18. Hindustan Petroleum Corp Ltd (HPCL) on Friday reported 56 per cent drop in the June quarter net profit on account of lower refining margins and inventory losses. New Delhi: Hindustan Petroleum Corp Ltd (HPCL) on Friday reported 56 per cent drop in the June quarter net profit on account of lower refining margins and inventory losses.Net profit of the state-owned company in the April-June quarter was Rs 925 crore, lower than Rs 2,098 crore in the year-ago period. "We had an inventory loss of Rs 1,595 crore in first quarter of current fiscal as compared to an inventory gain of Rs 1,935 crore in the corresponding period of the previous fiscal," HPCL Chairman and Managing Director M K Surana told reporters here.The company earned USD 5.86 on turning every barrel of crude oil into fuel during April-June, 2017-18 as compared to a gross refining margin of USD 6.83 per barrel in the same period of 2016-17, he said.Inventory loss occurs when the oil prices fall after procurement and before marketing.For example, if crude oil is purchased at say USD 50 per barrel price, an inventory loss would arise if by the time it is refined and marketed the price falls below that.

The loss would be booked as the market rates of products are fixed based on the current global crude oil price.An inventory gain would be booked if reverse happens -- product prices rise after procurement and before marketing.Revenue soared to Rs 59,891 crore from Rs 51,600 crore in the first quarter of the previous year.He said HPCL’s Mumbai and Visakh refineries processed 4.49 million tons of crude oil in the quarter, almost unchanged from the previous year. "Both the refineries are supplying 100 per cent of BS-IV grade (Euro-IV emission norm compliant) petrol and diesel with effect from April 1, 2017," he said.HPCL recorded highest ever market sale of 9.20 million tons of fuel in the quarter, 3.5 per cent higher than 8.89 million tons in Q1 of previous fiscal. "The market sales growth of 3.5 per cent is higher than industry (PSU plus private) growth of 3.4 per cent. In the PSU category, HPCL has gained market share of 0.20 per cent," he said adding petrol sales rose 9 per cent while diesel was up 2.5 per cent.Inventory losses arose because the price of basket of crude India buys, known as Indian Basket, dropped by USD 4.56 per barrel during April?June as against increase of USD 10.89 a barrel in the same period of 2016.Surana said 83 petrol pumps were commissioned during Q1 taking the total retail outlet network to 14,495. Electronic data capture (https://www.cjscrewbarrel.com/product/injection-molding-barrel-screw/) services and mobile wallets for digital transactions is available at more than 96 per cent of the total retail fuel stations as of June.The expansion of the company’s joint venture refinery at Bhatinda in Punjab has been completed raising the capacity to 11.3 million tons from 9 million tons.For the 2017-18, HPCL plan to invest about Rs 7,100 crore.

The company earned USD 5.86 on turning every barrel of crude oil into fuel during April-June, 2017-18. Hindustan Petroleum Corp Ltd (HPCL) on Friday reported 56 per cent drop in the June quarter net profit on account of lower refining margins and inventory losses. New Delhi: Hindustan Petroleum Corp Ltd (HPCL) on Friday reported 56 per cent drop in the June quarter net profit on account of lower refining margins and inventory losses.Net profit of the state-owned company in the April-June quarter was Rs 925 crore, lower than Rs 2,098 crore in the year-ago period. "We had an inventory loss of Rs 1,595 crore in first quarter of current fiscal as compared to an inventory gain of Rs 1,935 crore in the corresponding period of the previous fiscal," HPCL Chairman and Managing Director M K Surana told reporters here.The company earned USD 5.86 on turning every barrel of crude oil into fuel during April-June, 2017-18 as compared to a gross refining margin of USD 6.83 per barrel in the same period of 2016-17, he said.Inventory loss occurs when the oil prices fall after procurement and before marketing.For example, if crude oil is purchased at say USD 50 per barrel price, an inventory loss would arise if by the time it is refined and marketed the price falls below that.

The loss would be booked as the market rates of products are fixed based on the current global crude oil price.An inventory gain would be booked if reverse happens -- product prices rise after procurement and before marketing.Revenue soared to Rs 59,891 crore from Rs 51,600 crore in the first quarter of the previous year.He said HPCL's Mumbai and Visakh refineries processed 4.49 million tons of crude oil in the quarter, almost unchanged from the previous year. "Both the refineries are supplying 100 per cent of BS-IV grade (Euro-IV emission norm compliant) petrol and diesel with effect from April 1, 2017," he said.HPCL recorded highest ever market sale of 9.20 million tons of fuel in the quarter, 3.5 per cent higher than 8.89 million tons in Q1 of previous fiscal. "The market sales growth of 3.5 per cent is higher than industry (PSU plus private) growth of 3.4 per cent. In the PSU category, HPCL has gained market share of 0.20 per cent," he said adding petrol sales rose 9 per cent while diesel was up 2.5 per cent.Inventory losses arose because the price of basket of crude India buys, known as Indian Basket, dropped by USD 4.56 per barrel during April?June as against increase of USD 10.89 a barrel in the same period of 2016.Surana said 83 petrol pumps were commissioned during Q1 taking the total retail outlet network to 14,495. Electronic data capture (https://www.cjscrewbarrel.com/product/injection-molding-barrel-screw/) services and mobile wallets for digital transactions is available at more than 96 per cent of the total retail fuel stations as of June.The expansion of the company's joint venture refinery at Bhatinda in Punjab has been completed raising the capacity to 11.3 million tons from 9 million tons.For the 2017-18, HPCL plan to invest about Rs 7,100 crore.

Eric Paul, 29, has made it to the pages of the Limca Book of Records.Mr paul, who is paralysed from chest below, covered a total distance of 3,917km in the record 159 hours and 59 minutes in a customised hatchback with hand controls.A keen follower of Prime Minister Narendra Modi’s ‘Swachh Bharat Abhiyan’, Mr Paul has campaigned for cleanliness during his two expeditions across the country.However, he is happy to have overcome all the challenges in the journey, including the world’s highest motorable road passes in Leh. Neither are people aware about offering help.

It is only possible when the whole society comes together and works in this area.. The Leh to Kanyakumari drive, published in the Limca Book recently, is his second record. I’ll try my best to contribute towards this,” he said. Instead they look at me with pity, which makes a special person uncomfortable. “Other challenges were instant changing weather conditions, no mobile network, petrol pumps at long distances in hilly areas, poor https://www.cjscrewbarrel.com/product/extruder-screw/film-blowing-machine/ blown film extruder condition of roads, and landslides. There were many challenges on my way like no toilets, restrooms, shelters or any public place, which is wheelchair-friendly.

Now he is gearing up for another record setting road trip, while also working towards raising awareness about issues of disabled people. He had driven 6,000km — from Delhi to Mumbai and then Bengaluru and Chennai to Kolkata — in less than seven days to enter the Limca Book of Records. A passionate driver, Mr Paul had last winter completed the ‘Golden Quadrilateral’ road task of the Limca Books to set a record. Language barrier while getting food and shelter was also a task,” he said.“I want to see a new India which is accessible for people like me or with any other disability.Employed with the Taj group of hotels here, Mr Paul said it was important to “believe in yourself and never give up,” if one was to take challenges head-on”. (Photo: PTI)

New Delhi: Conquering disability, 29-year-old Eric Paul has made it to the pages of the Limca Book of Records after driving from Leh to Kanyakumari in record time.“It feels really good but I think I have just crossed a milestone and there is a long way to go,” said Eric, who has been confined to a wheelchair since February 2012 following a road accident.Now he is gearing up for another record-setting road trip, while also working towards raising awareness about issues of disabled people

The Advanced Ultra Supercritical (AUSc) plant has been accepted by the Government of India. The third strategy is to adopt an emerging approach of Small Modular Reactors of 50-100 https://www.cjscrewbarrel.com/product/extruder-screw/film-blowing-machine/ blown film extruders Factory Mw capacity.The kind of power a country uses determines its progress and advancement as a nation.

The kind of power a country uses determines its progress and advancement as a nation.  The technology exists and needs to be packaged for civil power domain with adequate security, safety and regulatory provisions. Skies are clear and the forecast is good as sunshine and wind are set to steer India to pole position in power generation. This technology derives strength from India being acknowledged as the world leader in this “holy grail” technology of Sodium Cooled Fast Reactors.Next generation solar photovoltaics The last approach, which could well catapult India to a leadership position worldwide, is next generation solar photovoltaics (technology to convert sunlight into electricity), energy efficiency revolution for agriculture water pumps based on learning from our unique success story in LED, large-scale recycling of aluminium, steel and concrete to realise savings in energy and avoid land filling spaces and making land-fill spaces available for more wealth generation and mitigating inequality initiatives of the Government of India. Thus, we are on the threshold of consolidating leadership in FBR technology of high importance to India, China, France, Russia, Japan, USA, and other countries. The capacity of FBRs (fast breeder reactors) with current design and experience can be enhanced from 500 MW(e) to 640 MW(e) through innovations and minimal modifications to enhance competitiveness of this sustainable energy system. This throws open avenues for a worthy transition scenario, but awareness and right policies are the sine qua non to achieving the desired results.Such a leap forward can indeed be achieved, resulting in the creation of job opportunities, skill sets, and the growth of high-tech large, medium, small and micro industries.Dr Baldev Raj, Director, National Institute of Advanced Studies, Bengaluru, and Dr P.In this century, the use of “natural” power sources, like wind and solar energy, are lauded and considered beneficial to the environment as they pave the way for a world that is pollution-free.Kalpakkam reactor almost readyBesides, the prototype fast breeder reactor (PFBR) of 500 Mw(e) capacity at Kalpakkam, Tamil Nadu is nearing criticality and is poised to deliver power to the nation in 2017.

This initiative can be a game changer for India with respect to investments, jobs, economic growth, reduction of local pollution and achieving India’s Nationally Determined Contributions (INDC). Power! That’s the catchword in the world today. Some of these are: equity, sustainability and growth.So we chalk out a robust roadmap for this transition:  commissioning large renewable energy resources, replacing old coal thermal power plants with supercritical and even advanced ultra supercritical coal-fired power plants (AUSc) with a long-term economic advantage.As India sets out to increase its share of “renewable” energy in total power generation capacity to 30 per cent, there’s an opportunity for us as a nation to achieve world leadership in solar and wind energy.The kind of power a country uses determines its progress and advancement as a nation.Over the last 50-odd years, India has developed 700 Mw(e) Pressurised Heavy Water Reactors (PHWRs), which can be installed (to start with, 50 reactors at 8 sites), and to be completed in 10 years.India has made a commitment to rapidly scale up its renewable energy targets by 2030. And, the transition will provide an opportunity to generate 50 per cent surplus energy, which in turn can attract investments in production, 24x7 electricity for all, as well as ensure sustainable development. India can produce 10 to 15 such plants every year in factory assembly mode with an installation time at site of below six months. 

Increasing industry participation is an impetus required for these plants to be built in financial sharing mode, and operated by the Nuclear Power Corporation of India, necessitating policy and regulation on private participation of nuclear power. Not money power, muscle power or political power but the most “powerful” power of all — the power to generate electricity and set things in motion. Partnerships between the Depart-ment of Atomic Energy (DAE) and Industry will help reduce the cost further through advantages of scale, and time reduction through innovations.Thanks to some unique advantages, the country will be able to make the most of this transitional journey to clean energy without losing sight of avowed objectives. Goel, former Secretary, Ministry of Earth Sciences, New Delhi.India, world leader in ‘sodium cooled fast reactors’Our second suggestion of AUSc demonstration plants relates to coal utilisation with high efficiency and low pollution levels.S

The reviewer is happy to see a film where the music wasn’t jarringly forced into. Promod Mathur (Annu Kapoor), a defending lawyer meets Jolly in the courtroom. Jolly decides to re-open the case of Hina and give her justice. Annu Kapoor as the defending lawyer commands an extraordinary screen presence despite having Akshay Kumar in the same frame.Cinematography by Kamaljeet Negi is fine. Sayani Gupta, Manav Kaul and Inaamulhaq do not let down either.. He highlights dirty situations which culminate in being victimised by power and politics.‘Jolly LLB 2’ should definitely be on your to-do list for the weekend.

This edition is certainly not better than the first part but it isn’t avoidable either. The movie is perhaps a reflection of the society and the upbringing of a huge population, who still aren’t aware of the twisted annals of the law and order. The film deals with the subject of corrupt law and order with a tinge of humour. The dialogues are crisp and thought provoking. The film might not satisfy you as much as the first one might have, but you surely won’t come out disappointed out of the theatres. Though Huma has a relatively smaller role but she is a very gratifying watch. His life changes upside down when he betrays Hina (Sayani Gupta) for money post which Hina commits suicide. He is happily married to Pushpa (Huma Qureshi) with a kid.The barrister throws Jolly out of his office and then starts the journey of one man against the corrupt system of law and order.

The Subhash Kapoor directorial stars Huma Qureshi, Annu Kapoor, Saurabh Shukla and Kumud Mishra apart from Akshay. The good part of the film is despite losing the grip in middle, it picks up the pace by the end credits. First half of the film is much better than the second, with a hook point at the intermission, but the real drama unfolds in the second half which mainly pans out in the court room.Jagdish Mishra aka Jolly (Akshay Kumar), is serving a top notch barrister of Lucknow and aims to become one himself, one day. Director: Subhash KapoorCast: Akshay Kumar, Huma Qureshi, Annu Kapoor, Saurabh Shukla, Kumud Mishra, Sayani GuptaDirector Subhash Kapoor is back with the second instalment of his sleeper hit, ‘Jolly LLB’. Will Jolly able to do this or remain futile in his life?Director Subhash Kapoor’s ‘Jolly LLB 2’ tracks and unravels the journey of the crooked police system.

Turning your eye anywhere else is a crime when he is on screen. https://www.cjscrewbarrel.com/product/extruder-screw/foam-barrel-screw/ China Wholesale foaming barrel screws A still from the film. Except for the ‘Go Pagal’ song that is shot during Holi, the film has no dance number.Akshay Kumar pumps in so much life into the film that it is his performance that steals the show. They are very convincing and play their parts to perfection. The humour added in the courtroom doesn’t look forced and rather justifies the role of actor Saurabh Shukla. Shekhar Prajapati did a fair job as the editor in maintaining the thrill of the movie. His screen presence, his personality, the way he projects his character and his facial expressions are brilliant. Ditto for Saurabh Shukla who delivers a power packed performance as judge.Subhash Kapoor has narrated a sensitive story in a nice manner