India | Egypt Oil & Gas - Part 5

bp Shuts Units Impacted by Electrical Fire at Whiting, Indiana refinery

In response to an electrical fire at its 430,000 barrel-per-day Whiting refinery in Indiana, bp stated that it had shut down some of its impacted units, Reuters reported. In an email response to Reuters, bp stated tha...

IndianOil, Larsen & Toubro, ReNew to Form JV to Develop Green Hydrogen Projects

IndianOil announced that it has signed binding term sheet with Larsen & Toubro and ReNew to form of a joint venture (JV) company for developing green hydrogen projects in India. According to the statement, the thr...

India’s Reliance Industries Seeks to Get First Oil Cargo From the UAE

India’s Reliance Industries Ltd stated that it seeks to receive its first cargo of oil from its new Abu Dhabi-based trading unit in December, a source informed Reuters. Last October, the company announced that i...

IndianOil to Establish its First Green Hydrogen Plant

Indian Oil Corporation (IndianOil) announced that it will build the first green hydrogen plant at Mathura refinery, according to a press release issued by the company. IndianOil also stated that it has been working on...

Total to Supply 500,000 Tons of LNG to India’s AMNS

Total has inked a five-year deal to supply up to 500,000 tons of liquefied natural gas (LNG) per year to India’s ArcelorMittal Nippon Steel (AMNS), according to a press release.  The LNG will be delivered to eit...

Iran’s NIOC to Award Contract to Petropars for Developing Farzad-B Field

The Iranian Oil Ministry announced that Petropars company will be awarded a contract worth $ 1.78 billion by the National Iranian Oil Company (NIOC) for developing the giant Farzad-B gas field, Bloomberg reported. Thi...

Saudi to Export Full June Volumes of Crude to Asian Refiners

Kingdom of Saudi Arabia intends to supply full volumes of crude oil to most Asian refineries in June, in a step followed the OPEC members decision to ease supply cuts to buyers in May  Reuters reported, citing people ...

India Seeks Long-term Oil Supply from Guyana

India seeks a long-term contract to import oil from Guyana which is located in South America, a Guyanese official told Reuters. Guyana’s Minister of Natural Resources, Vickram Bharrat, said that India has announced it...

AWEL Discovers Natural Gas Reserves in Mumbai

Adani Welspun Exploration Limited (AWEL) stroke a new natural gas discovery in an area off Mumbai Coast, the Times of India reported. The gas reserves were found in the Tapti-Daman sector of the Mumbai Offshore basin ...

India, Norway Sign Statement of Intent for Establishing Hydrogen Excellence Center

The Indian Oil Corporation has signed a statement of Intent with the Norwegian Greenstat Hydrogen company for establishing a Center of Excellence on Hydrogen in India, a press release issued by the Indian Ministry of ...

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