Nalco, providing essential expertise for water, energy and air, has won the WateReuse Association’s 2011 WateReuse Equipment/Manufacturer Award that honors outstanding commitment and performance by a specialtyequipment product or manufacturer
Nalco 3D TRASAR program allows cooling towers to operate longer with less fresh water, called makeup water, cutting overall water use as well as saving energy. Customers can use water from a variety of sources that contain variable amounts of dissolved minerals and suspended solids. This U.S. Presidential Green Chemistry Award-winning program is being expanded to also save water and energy in boiler and reverse osmosis systems.
In addition to 3D TRASAR technology, a broad range of Nalco programs and services are used in water treatment applications to prevent corrosion, contamination and the buildup of harmful deposits. These comprehensive solutions provide customers improved environmental performance and reduced operating costs, an environmental return on investment, or eROI.
The WateReuse Association’s mission is to advance the beneficial and efficient uses of high-qualitylocally produced, sustainable water sources for the betterment of society and the environment through advocacy, education and outreach, research, and membership. The Annual WateReuse Awards recognize significant contributions to advancing water reuse or desalination with projects that advance sustainable sources of water or offer a novel approach to meeting local water needs.
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BState-owned Balmer Lawrie and Company Ltd plans to enter into manufacturing of construction chemicals. Speaking at the company’s 94th annual general meeting, S K Mukherjee, Chairman and Managing Director, said that the company’s Performance Chemicals division will strengthen its research and development (R&D) and introduce products to boost its market share.
 The company will produce construction chemicals at its leather chemicals manufacturing unit in Chennai. Additional capacity has been added at the existing plant with Chinese company Muhu providing technology for the processing of construction chemicals. Balmer Lawrie plans to enter into a joint venture arrangement to market the product.
With the leather industry going through a tough phase due to inadequate availability and rising prices of raw hides and skin, the company wants to diversify its product portfolio by entering into the business of construction chemicals, which looks promising, Mukherjee said.
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Indian Oil Corp. plans to double its refining capacity to 125 million tpy by March 2022, as a boomingeconomy spurs demand for fuel products in India, said A.S. Basu, Indian Oil’s executive director for refineries.
Indian Oil and its 51.89%-held unit, Chennai Petroleum Corp., run half of India’s 20 refineries with a total capacity of 65.7 million tpa. India’s economy has grown more than 8% in recent years, driving demand for fuel products including gasoline, diesel and jet fuel.
Indian refiners, over five years beginning April 2012, will spend about 600-700 billion rupees on capacity expansions, Basu said at an industry conference in Mumbai. He did not specify Indian Oil’s exact investment figures.
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GAIL (India) Ltd, through its wholly owned US subsidiary GAIL Global, has acquired its first shale gas assets in the US. GAIL has formed an unincorporated joint venture with Houston-based energy company Carrizo Oil & Gas, Inc. acquiring 20% interest in Carrizo’s highly prospective condensate zone of the Eagle Ford Shale for $95 million.
Of the roughly 20,200 net mineral acres shale assets leased by Carrizo under the deal, GAIL’s share will include around 4,040 net acres located primarily in La Salle County, Texas and a 20% interest in eight horizontal wells currently producing around 1,700 net barrels of oil per day barrels of oil per day
(340 barrels per day net to GAIL). The joint venture is expected to drill additional 139 wells in the acreage. Carrizo will continue as operator of these properties.
 Carrizo has recently purchased additional Eagle Ford acreage which will not be included in the joint venture with GAIL. After giving effect for the joint venture and assuming the closing of the expected acquisition of these new Eagle Ford Shale acres, Carrizo’s net Eagle Ford Shale lease position would amount to around 41,000 net acres. GAIL and Carrizo will also work together in exploring shale gas opportunities in India and other countries outside of US.
GAIL Chairman and Managing Director, B.C. Tripathi, said, “This transaction represents a major step in the company’s efforts to establish its presence in North America. As the next logical step, will consider expanding its business portfolio in the North American market by pursuing various upstream and midstream opportunities including LNG export to India.”
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State-owned Oil and Natural Gas Corp (ONGC) has givenits consent to the proposed sale of shares in Cairn India Ltd subsidiary by UK’s Cairn Energy to London-based miner Vedanta Resources only if the mining group and Cairn India sign a formal agreement with ONGC agreeing to the royalty and cess conditions. The Indian government had granted conditional approval to the $6 billion deal in June.
The deal had been held up due to disagreement over royalty payment issues between ONGC and Cairn. ONGC has a 30% holding in the Cairnoperated Barmer oil and gas fields in Rajasthan. Cairn India does not pay any royalty on its 70% stake in the fields. Royalty is paid only by ONGC, which got a 30% stake in the 6.5 billion-barrel-field for free.
ONGC said in a statement that Cairn India had sought its nod for five blocks, including the western Rajasthan block, and had agreed to the conditions related to sharing of royalty burden and also to withdraw an arbitration over cess payment.
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ONGC has appointed Sudhir Vasudeva as Chairman and Managing Direc tor. Vasudeva who previously held the post of Director (offshore) was a frontrunner for the position after the superannuation of R S Sharma on 31st January 2011. In the interim additional charge of CMD was entrusted to A.K. Hazaria, Director (Onshore), ONGC from February 1st. 
Vasudeva, a gold medalist in chemical engineering from the National Institute of Technology, and a management graduate is renowned for his team management skills. In his role as Director (offshore) which he assumed on 1st February 2009, his primary agenda was to improve recovery from the Mumbai High field and to bring the Krishna Godavari offshore field to production.
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