The construction of Trains 7 and 8 would require a total investment of as much as $25b, and would generate three times as much gas as the country’s proven reserves.
Foreign companies are in talks to buy a stake of up to 24 percent in the Bina refinery in India's Madhya Pradesh state which is jointly owned by Bharat Petroleum Corp (BPCL) and the Oman Oil Company
United Arab Emirates (UAE) crude oil exports are expected to fall in the fourth quarter of 2015 as the Gulf OPEC member upgrades its Ruwais refinery and processes more oil to feed rising domestic demand