INDUSTRY BRIEFS

OMAN OIL CO. (OOC) is discussing with India's Petroleum Ministry two proposed 120,000 b/d joint venture refineries, one in Maharashtra state and one in Madhya Pradesh state, with Hindustran Petroleum Corp. and Bharat Petroleum Corp. The refineries likely will be fed with Omani crude. DOC reportedly is talking to Royal Dutch/Shell and Caltex about taking half of its 26% equity interest in the two proposed refineries.

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