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India says Petrochina, other global oil companies keen to build SPRsDuring two roadshows held to seek private investment for building the SPRs, global companies, including BP, Shell and traders Trafigura, Vi...- L&T Hydrocarbon Engineering bags orders worth over Rs 2,200 CroreThe firm has signed an EPC contract with the Abu Dhabi-based Al Dhafra Petroleum Operations Company Ltd, which is a JV involving GS Energy.
- S Korea launches project to become Asian oil storage hubSouth Korea on Thursday launched an ambitious project to become Northeast Asia's oil storage hub, which officials said will create new busi...
- ONGC faces roadblock in Imperial buyState-run explorer ONGC’s move to acquire UK-based oil firm Imperial Energy for about $2.8 billion may hit a road block as it has already e...
- Sinopec, KNOC may queer pitch for OVLEarly indications also suggest that ONGC Videsh (OVL), may have to cough up much more if it has to acquire Imperial Energy assets.
- LNM does the drill again for UK's BurrenSteel baron LN Mittal may have set off on a new oil hunt yet again. And this time the target seems to be Burren Energy.
- Oil up above $59Oil prices climbed back above $59 a barrel on Wednesday ahead of an expected sharp fall in weekly U.S. distillate stocks as a blast of cold...
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