Saudi Aramco, ADNOC Sign $44B Refinery Deal
Abu Dhabi National Oil Company (ADNOC) has signed to buy part of Saudi Aramco's stake in the $44 billion Ratnagiri refinery in Maharashtra, India.
India | Egypt Oil & Gas - Part 9
Saudi Aramco Executive Details Downstream Plan
Saudi Aramco is looking to expand its investments in refining and petrochemicals to secure new markets for its crude, and has identified growth in chemical industries as strategic in combating the risk of a slowd ...
UAE’s Hamriya Free Zone Signs Investment Deal with Indian Oil Refinery
Hamriya Free Zone Authority has signed an investment agreement with Gandhar Oil Refinery India to establish an integrated project producing white oil, liquid paraffin, hydraulic liquid, transformer oil, rubber pro ...
Iran: Domestic Companies Capable of Developing Farzad B Gas Field
Iran will award Farzad B gas field to domestic Iranian contractors if India withdraws from negotiations over the field’s development.
SABIC Looks to Buy 50% Stake in Indian Petchem Plant
Saudi Basic Industries Corp (SABIC) is looking to purchase around 50% of the $4.6 billion Indian petchem project backed by Oil and Natural Gas Corp (ONGC).
KPI in Talks to Buy 24% India Refinery Stake
Kuwait Petroleum International (KPI) plans to buy a 24% stake in the Bina joint venture refinery in central India.
Essar Oil Pays $2.5B in Debt to Iran
Indian company Essar Oil has paid $2.5 billion in debt to Iran.
ADNOC May Join Saudi Aramco in Downstream Venture
Abu Dhabi National Oil Co. (ADNOC) plans to spend more than $109 billion over the next five years, and is in talks with Saudi Aramco for possible downstream joint ventures abroad, with a focus on Asia.
El Molla Meets Oil Ministers
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with several petroleum ministers on the sidelines of the 16th International Energy Forum, held in New Delhi from April 10th to April 12 ...
Asian Imports of Iranian Oil Hit Two-Month Low
China, India, Japan, and South Korea imported a total of 1.63 million barrels per day (mb/d) in February, the lowest levels since December and a 20% decline from February 2017.
