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ADNOC ACQUISITION
Ratnagiri Refinery and Petrochemicals: Adnoc may be out, Aramco seeks fresh Maha project termsMajor overseas investors are reportedly withdrawing or reviewing their involvement in India's Ratnagiri Refinery project. Abu Dhabi Nationa...- Not worried about US sanctions against Russian oil, says Hardeep Singh PuriIndia's oil supply remains secure despite US sanctions on Russia, according to petroleum minister Hardeep Singh Puri. India's crude oil imp...
- ADNOC gets CCI clearance to acquire Covestro for USD 16.4 billionIndia's competition watchdog, CCI, has greenlit Abu Dhabi National Oil Company's (ADNOC) substantial $16.4 billion acquisition of Covestro,...
- ONGC, BPCL eye international partner for new refineriesONGC and BPCL are negotiating with Saudi Aramco to partner in setting up new petroleum refineries in India. BPCL plans to build a refinery ...
- Saudi Aramco in investment discussions with Indian companies: Senior executiveSaudi Aramco is currently in discussions regarding investments with companies in India, as stated by Faisal Faqeer, Senior Vice President o...
- India wants Saudi Aramco to develop strategic petroleum reserve as ties strengthenIndia is seeking Saudi Arabia's Aramco to participate in its strategic petroleum reserve (SPR) program to strengthen ties with its key oil ...
- Future refineries in India may be smaller capacity: Hardeep Singh Puri"Refineries are high cost. We are looking at a large number of 20 million tonnes per annum, smaller ones, because if I make it too big than...
- Trying to revive the west coast refinery project: Hardeep Singh PuriThe proposal was to set up Asia's largest refinery with a 60 million tonnes per annum (MTPA) capacity in Ratnagiri, Maharashtra. The projec...
- IHC subsidiary Multiply to list directly on Abu Dhabi's main marketIHC, which has a market capitalisation of $75 billion, is chaired by Sheikh Tahnoon bin Zayed Al Nahyan, the United Arab Emirates' national...
- Saudi Aramco taps banks for $12-14 billion gas pipeline loan: SourcesAramco could raise at least $17 billion from the sale of a significant minority stake in its gas pipelines, sources have previously told Re...
- Reliance Industries lines up petrochemical play with Adnoc in UAEReliance Industries and Abu Dhabi National Oil Co, a state-run oil company of the UAE, have finalised an agreement for a petrochemical join...
- Saudi Aramco, Adnoc committed to $44 billion west coast refinery project: IOC Chairman"Both Adnoc and Saudi Aramco are still committed to the investments in the project," Indian Oil Corp (IOC) Chairman Shrikant Madhav Vaidya ...
- Saudi Arabia to regain India's top oil supplier spot after Reliance dealSaudi Arabia, which traditionally has been India's top oil source, lost the slot to Iraq during the last two financial years.
- India looking at cutting west coast refinery capacity as cost escalates to $60 bnThe sources said the cost escalation is mainly due to the delay in land acquisition for the project and that all calculations need to be re...
- The story behind PM Modi's top UAE awardThe award was conferred upon the Prime Minister for boosting relations between the Emirates and India.
- Govt sets up five-member panel to look into land issues of mega Ratnagiri refinery projectThe committee will be headed by D M Sukthankar, former Chief Secretary of Maharashtra and former Secretary of the ministry of urban develop...
- Saudi Aramco, ADNOC can't export Ratnagiri refinery fuel without PSU's consent"Marketing rights will be in proportion to the shareholding in the refinery. So they (Saudi Aramco and ADNOC) will get marketing rights ove...
- First crude oil cargo from Abu Dhabi departs for Mangalore's strategic crude oil reserveAl Jaber said that the strategic reserve project represents an important new energy partnership with India that leverages the UAE and ADNOC...
- Saudi Aramco keen to take stake in west coast refineryIOC has been looking at the west coast for a refinery as the company found it tough to cater to requirements in West and South with its ref...
- Budget 2017: M&A is buzzword of oil industry now, says Dharmendra PradhanThe grand plan to merge state oil companies will not lead to one giant company. There will be multiple cos. But all these will be integrate...
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