IOC to source entire crude of ONGC to meet 88-mt refinery target by 2007
Indian Oil Corporation (IOC) said on Thursday that it had bid for entire crude output of Oil and Natural Gas Corporation (ONGC) to leverage its refineries, which would grow to 88 million tonnes (mt) by 2007.

Counter-guarantee carrot may not be enough to revive Cogentrix project
Cogentrix Energy Inc has received a powerful incentive in the form of a counter-guarantee to return to a $1.3-billion power project it abandoned this month, but the US giant may hold out for more, analysts said

Ports to restrict oil loading operations over Y2K period
Ports and terminals worldwide have set oil loading and vessel movement bans of between four and 24 hours to cover the millennium turnover period, but most shipping channels will be open.


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