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PETRONAS VENTURES
India-China energy cooperation doesn't require warm relations, or lofty civilisational rhetoricIndia and China face a new opportunity in energy markets. Past cooperation in Africa, despite challenges, shows potential. Both nations see...
Malaysia's Petronas, Singapore's GIC and Greenko form a $2 billion green ammonia venturePetronas arm Gentari and AM Green established by the creators of Greenko have officially announced the signing of binding agreements with a...
BP, Petronas in race to invest up to $2 billion in Greenko founders’ new platformThe new platform is planning to produce 4-5 MTPA of green ammonia, green methanol and electrolysers at Kakinada in Andhra Pradesh, incurrin...
Log9 raises $40 mn led by Amara Raja Batteries, Petronas Ventures at $250 mn valuationThe Bengaluru-based startup will use Rs 100 crore of the funds to improve its cell and battery technology, and will also expand its offerin...
Log 9 Materials raises $2 million from Petronas VenturesLog 9 Materials will utilise the capital to launch and scale its fast-charging lithium-ion battery technology, which it claims can fully ch...
Petronas to focus on India for clean energyIn India, Petronas operates in the renewable energy sector through Amplus Solar, a leading rooftop and commercial and industrial (C&I) play...
IOC may sell some petrol pumps to JV with PetronasFor one, IPPL will not be governed by the tedious petrol pump allotment rules that require public sector oil marketing companies to appoint...
Indian Oil-Petronas JV to retail petrol, diesel, natural gasIndian Oil Petronas Pvt Ltd (IPPL), a two-decade-old joint venture in which the two firms hold equal stakes, will now get into retailing of...
Indian Oil Petronas gets green nod for LPG terminal expansionIPPL has proposed to expand its LPG terminal at Haldia, WB, from 31,500 tonnes to 36,900 tonnes. The proposed expansion is expected to impr...
IOC to buy stakes in Petronas' LNG project for $900 millionIndian Oil signed a deal to buy a 10 per cent stake in shale-gas assets and a linked liquefied natural gas (LNG) project in British Columbi...
IOC to buy 10% stakes in Petronas' LNG project in British Columbia for $900 millionThe acquisition of stake in Progress Energy Resources Corp for 1 billion Canadian dollars mark IOC's maiden entry into North America.
CCEA defers approval to IOC stake purchase in gas assetsCCEA today deferred nod to Indian Oil Corp's (IOC) proposal to acquire Malaysian firm Petronas' 10 per cent stake in a shale-gas assets.
IOC in talks to buy Petronas' 10% stake in Canadian gas assetThe Malaysian firm is planning to build a liquefied natural gas terminal off Canada's Pacific Coast, aimed at exporting natural gas to Asia...
Petronas Lubricants to set up first blending plant in IndiaMalaysia's Petronas Lubricants International said it will invest $50 million in a lubricant oil blending plant near Mumbai, its first in In...
Petronas Lubricants International to set up first blending plant in IndiaThe first phase of the plant is expected to be completed by the end of 2015. The plant has a provision to expand the capacity to 120 kta in...
ONGC Videsh not to exercise pre-emption rights in Venezuela's Petroleos de VenezuelaAll the partners in the project, including PdVSA, have right of first refusal or pre-emption rights to the Petronas stake.
OVL mulls buying Petronas stake in VenezuelaONGC Videsh Ltd, the overseas arm of state-owned Oil & Natural Gas Corp (ONGC), and its partners OIL and IOC are mulling buying 11 per cent...
- IndianOil-Petronas inaugurates LPG import-export terminal
IndianOil-Petronas today inaugurated its LPG import-export terminal at nearby Ennore to serve households in the southern region.
- Xtenza to form JV in Malaysia with Petrogold
Xtenza Solutions, a Chennai-based software company, has joined hands with Petrogold Sdn, a Malaysian company with interests in trading, to ...
- Petronas trading arm lands in India
Mitco Labuan, the trading arm of the $44.3-billion Malaysian petrochemicals giant Petronas, is setting up a wholly owned subsidiary to enga...