Construction has reportedly slowed at an oil refinery project in Mexico with funds drying up to pay suppliers. The Philippine government has requested an additional 10bn pesos (US$500m) on top of a US$1.13bn cash injection in March. The Sener refinery is closing in on its planned July 2 start of operations, but full operations may still be years away.
The final cost of the project could be as high as US$12bn, according to the Sener ministry. Olmeca will be the biggest refinery in Mexico, with capacity to process 340,000 barrels per day of crude oil. The megaproject is key for the strategy of Pemex’s refining unit and for the government’s plan to halt Mexican crude exports.
On the 111-km-long, still-under-construction Banihal-Katra Railway link, Northern Railway has made considerable progress by breaking through T-48 tunnel, the fourth-longest tunnel in Indian Railways,...
In order to assure compliance with essential standards for horizontal and vertical clearances, which are vital for safe passage, any bridge building across a...
Elgi Equipments has introduced its STABILISOR compressed air stabilization technology to address issues of unstable compressor performance, inefficiency, and excessive wear caused by frequent...
According to state transport minister P Paiwang Konyak, the north border railway has prioritised building a direct rail link from Dimapur-Dhansiripar to Kohima-Sechu by...