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.
India | Egypt Oil & Gas - Part 9
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.
Iran’s Oil Exports to India Reach 550,000 b/d
Iran's oil exports to India reached 550,000 b/d in December 2017, corresponding to a 78% increase from November 2017 and the highest volume since last March.
Iranian Crude Exports to India Continue to Fall
Indian imports of Iranian oil fell to a 21-month low in November.
Kuwaiti Business Group to Build 600,000 b/d Refinery in India
The Kuwaiti Al Arfaj Group signed a memorandum of understanding to build a 600,000 barrel per day (b/d) oil refinery in the Indian state of Andhra Pradesh.
Iranian Exports to Asia Rise but Remain Below 2016 Levels
Iranian crude exports to Asia rose in August for the second month in a row but remained well below export levels for August 2016.
