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Larsen & Toubro's hydrocarbon arm get order worth over Rs. 7,000 crore in Algeria.

L&T Hydrocarbon Engineering, a wholly owned subsidiary of Larsen & Toubro, has won a mega order worth over Rs. 7,000 crore from Sonatrach-Algeria, the engineeringmajor said in a statement recently. The engineering, procurement, construction... Full Story

Bharat Petroleum to invest $800-m equity in Mozambique LNG project.

State-run Bharat Petroleum Corporation Ltd. (BPCL) will invest as much as $800 million as equity in a liquefied natural gas... Full Story

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Apollo Tyres setting up 475 mn euro greenfield plant in Hungary.

Apollo Tyres is setting up Europe's largest greenfield plant in Hungary with an investment of 475 million euros to produce... Full Story

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LATEST HEADLINES FROM MIDDLE EAST AND NORTH AFRICA

Hindustan Platinum acquires ABB plant in Puerto Rico.
Hindustan Platinum, a refiner and manufacturer of precious metal products and services, has announced the purchase of ABB’s Humacao electrical contacts manufacturing plant in Puerto... Full Story
Chinese Auto Maker BYD Eyes $100 Million Investment in Brazil Plant.
Chinese auto maker BYD is looking to invest up to $100 million to establish a plant in Brazil capable of producing up to 4,000 electric... Full Story
Buffett $1 billion order shows wind power rivals coal.
The decision by Warren Buffett's utility company to order about $1 billion of wind turbines for projects in Iowa shows how a drop in equipment... Full Story
Shree Renuka acquires Brazilian firm
Mumbai: Shree Renuka Sugars has acquired controlling stake in a Brazilian sugar firm. The company has acquired Brazilian conglomerate Grupo Equipav S A ACUCAR e... Full Story