India | Egypt Oil & Gas - Part 8
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, according to The India Times. IEX, India’s leading power trading company, is offer...
ADNOC, RIL to Explore in Ruwais
The Emirates news agency (WAM) reported that 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...
Aramco, ADNOC to Build Indian Refinery Worth $70 B
Saudi Aramco and Abu Dhabi National Oil Co. (ADNOC) are planning to build a giant oil and petrochemicals refinery project in India worth approximately $70 billion, Reuters reported. On the sidelines of Saudi Crown Pri...
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, the company’s Chairman PS Jayaraman told Daily News Egypt on the sidelines of the Africa Investment Forum ...
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, Zawya reported. India’s Prime Minister Narendra Modi revealed his country’s ...
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, according to a spokesperson at the Indian company, Reuters reported. “Aramco (has) confirmed and reass... 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, Zawya reported. Saudi Aramco will a...
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), according to tanker arrival data obtained from industry and shipping sources, Zawya reported citing Reuters. India...
