News archive

IOC plans capacity expansion at Panipat refinery

IOC plans capacity expansion at Panipat refinery

IndianOil to invest 32,946 crore on capacity expansion at Panipat refinery. The Board of Directors of Indian Oil Corporation Ltd has approved an investment of Rs 32,946 crore to expand the Panipat refinery...
04 March 2021
CIL to invest in 26 projects in new business areas

CIL to invest in 26 projects in new business areas

Coal India (CIL) plans to invest Rs 1.43 lakh crore in 26 projects in new business areas. The new business areas will include solar wafer manufacturing, a greenfield aluminium project along brownfield...
04 March 2021
UNIDO invites bids to set up Biomethanation projects

UNIDO invites bids to set up Biomethanation projects

The United Nations Industrial Development Organization (UNIDO) has invited bids from companies or consortiums of companies to set up biomethanation projects showcasing specific developments in one or more...
04 March 2021
Indian Govt., AIIB sign power network agreement

Indian Govt., AIIB sign power network agreement

The government of India and the Asian Infrastructure Investment Bank (AIIB) have inked a loan agreement worth USD 304M for the Assam Intra-State Transmission System Enhancement Project to improve the ...
04 March 2021
Wison Engineering wins EPC contract from Saudi Aramco

Wison Engineering wins EPC contract from Saudi Aramco

Wison Engineering has been awarded an engineering, procurement, construction (EPC) lump-sum contract by Saudi Aramco, for a gas processing project in Shaybah oil field in Saudi Arabia. This is the first...
04 March 2021
Adnoc orders yet more very large crude carriers

Adnoc orders yet more very large crude carriers

Adnoc Logistics & Services (Adnoc L&S), the shipping and maritime logistics arm of Abu Dhabi National Oil Company (Adnoc) acquire six Very Large Crude Carriers (VLCCs). Two VLCCs have already been...
04 March 2021
Iraq may build a waste power plant in Baghdad

Iraq may build a waste power plant in Baghdad

OPEC member Iraq is considering an offer by an international firm to build a waste recycling plant in the capital Baghdad for waste disposal and power generation, the local press reported. The company...
04 March 2021
Kuwaiti firm wins $138mln Jurassic oil deal

Kuwaiti firm wins $138mln Jurassic oil deal

A Kuwaiti company has won a contract within a major Jurassic gas project in North Kuwait with a value of around Kuwaiti dinars 41.9M (USD 138M). In a bourse statement, the Combined Group Contracting Co...
04 March 2021
Nornickel decides to develop a project to produce LNG

Nornickel decides to develop a project to produce LNG

Nornickel’s management has taken the decision to develop a project to produce liquefied natural gas (LNG) on the site of the company’s former Nickel plant. By producing LNG, the company will transfer heavy...
04 March 2021
New issue of SSWI&ME journal available!

New issue of SSWI&ME journal available!

The February-March issue of the Stainless Steel World India & Middle East journal is now available.The issue features a Spotlight on Scoda Tubes, a company that is investing in manufacturing and developing...
23 February 2021