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SAUDI ARAMCO AND ADNOC
Oil well the damage control machineryAs India grapples with escalating fuel and plastic costs, the situation is further exacerbated by supply disruptions in West Asia, jeopardi...- UAE oil giant ADNOC pledges $55 billion in new projects by 2028: statementThe Abu Dhabi National Oil Company on Sunday pledged to spend $55 billion on new projects over the next two years, just days after the Unit...
- Saudi Aramco boss pulls out of major international energy conference due to Iran conflict, source saysSaudi Aramco CEO Amin Nasser has cancelled his appearance at the CERAWeek energy conference in Houston. He is staying in Saudi Arabia due t...
- 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...
- 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 ...
- India may split planned mega refinery to various sites: SourcesAramco and ADNOC joined a consortium of Indian state-run firms in 2018 to set up a 1.2 mn barrels-per-day coastal refinery and petrochemica...
- ADNOC Drilling starts trading with $10 billion market capThe IPO is the latest move by Gulf oil giants ADNOC and Saudi Aramco to raise cash from outside investors as they try to diversify sources ...
- Saudi Arabia expected to cut June crude prices for Asia: SurveySources at five Asian refiners expected the June OSP for flagship Arab Light crude to decrease by an average of 28 cents a barrel, which wo...
- 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 Aramco is committed to $44-bn Ratnagiri refinery-cum-petrochemicals complex: Project CEO“This project is not competing with any other Indian project for foreign investment and can stand on its own merit, attract investment and ...
- Maharashtra refinery with Saudi to be relocatedShiv Sena has been opposing the project, arguing that it would hurt the local farmers in the coastal region.
- Ahead of Prince Salman's visit Saudi Aramco deal in Ratnagiri to be relocatedThe ADNOC and the Saudi Aramco are proposed to partner with a consortium comprising IOCL, HPCL, BPCL.
- UAE keen to invest in refining, petrochemical projects, store oil in IndiaUAE supplies a small quantity of oil to India but is ramping up investments.
- 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...
- Abu Dhabi oil giant signs pact to take stake in Ratnagiri refinery projectAbu Dhabi National Oil Company signed an initial agreement to pick up a stake in the planned USD 44-billion refinery project in Ratnagiri, ...
- Saudi Aramco eyes presence in India's entire energy sector, says CEOThe company is looking at "all options" to enter fuel retailing through partnerships with Indian oil companies, Nasser said.
- Abu Dhabi oil giant to pick up stake in Ratnagiri refinery projectSaudi Aramco, the world's largest oil producer, had last month signed an agreement to take up 50 per cent stake in the Ratnagiri refinery p...
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