IOC to Expand Barauni Refinery
State-owned Indian Oil Corporation (IOC) is set to invest nearly $2.024 billion into expanding the capacity of its Barauni refinery in Bihar.
India | Egypt Oil & Gas - Part 7
India Initiates 8,363 Oil, Gas Projects
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 Drop 31%, Hitting Lowest Levels since 2011
India’s oil imports in May have nosedived 31% from April’s levels, representing the lowest importing figures since October 2011.
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.
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.
