BPCL-Kochi Refinery is going ahead with its second petrochemical project to produce polyols at an investment of ₹11,300 crore. An import substitute, polyols are used in the production of polyurethanes used... Full Story
The Expert Appraisal Committee under the Environment Ministry has given "green signal" to Indian Oil Corporation Ltd. for setting up a grass root petroleum... Full Story
Indian Oil Corporation's (IOC's) group company Chennai Petroleum Corporation Ltd. (CPCL) is planning to set up a greenfield refinery at Nagapattinam... Full Story
Eni and Austrian oil and gas producer OMV agreed to pay about $5.8 billion for a 35... Full Story
Abu Dhabi recently announced the new discovery of gas totalling 15 trillion standard cubic feet that is expected to enable the UAE achieve self-sufficiency in gas... Full Story
Hilton and Shomoul Holding Company have announced the signing of an agreement to develop and operate four hotels in The Avenues – Riyadh, the largest... Full Story
The four-year contract, signed off on 3 March, 2019, will see the steel manufacturer delivering its products from September 2019 under an extendable, 26-month deal.... Full Story
UAE-based healthcare operator NMC Health, has announced the signing of definitive documents to form a joint venture in Saudi Arabia to "significantly" increase its pace... Full Story
A consortium comprising Saudi-based Acwa, Japanese contractor Mitsui & Company and Bahrain industrial conglomerate AlMoayyed has won a major contract for the... Full Story
Kuwait has announced Phase One of the Shagaya Renewable Energy Park project. The Shagaya Solar Energy Plant is part of the first... Full Story
CSCEC ME signed the $130m (AED477m) contract with Petrofac Emirates to work on Adnoc’s onshore oil and gas project. The deal covers the delivery of... Full Story
Sibur Holding, Russia’s largest petrochemical producer, is looking overseas for growth as a multibillion-dollar project in Siberia nears completion.
Sibur is stepping up work on... Full Story
A senior delegation of government and business dignitaries has witnessed the progress being made in the development of the 50-megawatt (MW) Dhofar Wind Farm in... Full Story
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