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
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
Sharjah's ruler has signed a long-term agreement awarding Italian firm Eni concessions to explore and develop onshore oil and gas fields in a 30-year partnership... Full Story
Speculation over Saudi Arabia’s rumoured building of an oil-refinery in Pakistan has been all-but set in stone after the Minister for Petroleum and Energy Khalid... Full Story
"Rising oil prices and increased government spending is fuelling demand in the GCC’s construction sector, with contractor awards across the region’s markets expected to be... Full Story
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