India Launches its First Natural Gas Trading Exchange
India launched its first natural gas trading exchange on June 15 in a move to increase market driven pricing and boosting consumption.
India | Egypt Oil & Gas - Part 7
ADNOC, RIL to Explore in Ruwais
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.
Aramco, ADNOC to Build Indian Refinery Worth $70 B
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.
TCI Sanmar to Increase Investments in Egypt in 2020
The Indian TCI Sanmar Chemicals SAE plans to boost its investments in Egypt by more than $200 million in 2020.
Saudi to Invest in India’s Downstream Projects
Saudi Arabia is planning to invest in downstream oil and gas projects in India as part of a strategic partnership between the two countries.
Aramco to Supply Agreed Grades, Volumes of Crude Oil to Reliance
Saudi Aramco will provide India’s Reliance Industries with agreed volumes and grades of crude oil in October 2019.
Saudi Arabia to Invest $100 B in India
Saudi Arabia is seeking long-term partnerships with India, with an investment of $100 billion in the country's petrochemicals, infrastructure and mining sectors, among others.
India’s Iraq Oil Imports Surge in August
India’s oil imports from Iraq boosted in August by shipping around 1.32 million barrels per day (b/d).
Nigeria’s Duke Oil to Move to Dubai
Duke Oil, a subsidiary of Nigerian National Petroleum Corporation (NNPC), is reportedly shutting down operations in the UK and leaving London to set up a new office in Dubai.
Saudi Arabia to Expand Pipeline as Alternate Export Route
Saudi Arabia plans to increase the capacity of the East-West Pipeline by 40% within two years in order to avoid exporting oil through the Strait of Hormuz.
