Dec 14: The glass is either half full or half empty, depending upon which side of the climate change debate you are on.
8Latest research done by fossil fuel adherents indicates that demand for crude will continue to increase right up to 2040
8And not just that, India will remain one of the biggest destination for crude cargoes in the world, with the highest rate of import growth till then
8Huge refining capacities have to come up in India, the study has reasoned.
8Due to increasing demand for clean and high-quality products, secondary capacity additions have become a key gauge of the refining sector’s capability to meet demand
8For those who think the advent of electric cars is going to dent this capacity creation are apparently on the wrong side of the divide
Click on Reports for more

**********************************