Venezuela’s Oil Exports Rise in September
Venezuelan oil exports rose again for a consecutive month after customers aim to buy as much crude as possible from the sanctioned nation before the US ramps up sanctions.
Venezuelan oil exports rose again for a consecutive month after customers aim to buy as much crude as possible from the sanctioned nation before the US ramps up sanctions.
State-owned Indian Oil Corporation (IOC) is set to invest nearly $2.024 billion into expanding the capacity of its Barauni refinery in Bihar.
The Indian government has kick-started in excess of 8,363 oil and gas projects since April following all pandemic related standard operating procedures (SOP).
India’s oil imports in May have nosedived 31% from April’s levels, representing the lowest importing figures since October 2011.
India launched its first natural gas trading exchange on June 15 in a move to increase market driven pricing and boosting consumption.
The Abu Dhabi National Oil Company (ADNOC) inked an agreement with India’s Reliance Industries Limited (RIL) for the development of an ethylene dichloride (EDC) facility in Ruwais, Abu Dhabi.
The refinery is estimated to produce 1.2 million barrels per day (b/d) on the coast of the western state of Maharashtra at Roha in the Raigad district, about 100 kilometers (60 miles) south of Mumbai.
The Indian TCI Sanmar Chemicals SAE plans to boost its investments in Egypt by more than $200 million in 2020.
Saudi Arabia is planning to invest in downstream oil and gas projects in India as part of a strategic partnership between the two countries.
Saudi Aramco will provide India’s Reliance Industries with agreed volumes and grades of crude oil in October 2019.