Indian Oil Corporation (IOC), a public sector oil marketing major, plans to invest ₹500 crore at Chitradurga in Karnataka. The company said the investment is for setting up a terminal for receiving,... Full Story
BPCL-Kochi Refinery is going ahead with its second petrochemical project to produce polyols at an investment of ₹11,300 crore. An import... 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
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
The UAE announced recently the discovery of 80 trillion standard cubic feet of shallow gas resources in place between Saih Al Sidirah and Jebel Ali in... Full Story
Kuwait plans to resume oil production at Wafra field, shared with Saudi Arabia, by March, Oil Minister Khaled Al-Fadhel told Bloomberg.
The field has been... Full Story
The Middle East is expected to contribute 17% of global new-build trunk/transmission petroleum products pipeline length additions by 2023, says GlobalData.
The company’s latest report,... 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
Qatar Petroleum and Exxon Mobil Corp are expected to announce plans next week to proceed with a $10 billion project that will expand a liquefied natural gas (LNG)... Full Story
Emirates Global Aluminium, the largest industrial company in the UAE outside oil and gas, recently announced that commissioning of its new Al Taweelah alumina refinery has... Full Story
According to Saudi Press Agency (SPA), the new complex will fall under the supervision and cooperation of state-owned oil giants Saudi Aramco and South African National Oil... Full Story
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