News archive

Aramco is committed to $44bn Ratnagiri refinery complex

Aramco is committed to $44bn Ratnagiri refinery complex

Saudi Aramco remains engaged with the proposed USD 44bn refinery-cum-petrochemicals complex in Maharashtra, the project’s CEO said amid speculation that the oil crash may tempt Saudis to dump the venture...
05 October 2020
Baker Hughes announces LNG turbomachinery order

Baker Hughes announces LNG turbomachinery order

Baker Hughes announced an order with longtime partner Qatar Petroleum to supply multiple main refrigerant compressors (MRCs) for Qatar Petroleum’s North Field East (NFE) project, executed by Qatargas....
05 October 2020
Lub-rref to set up country's first lube oil refinery

Lub-rref to set up country's first lube oil refinery

In a bid to make Bangladesh self-reliant in lubricant production, Lub-rref (Bangladesh) Ltd., a local producer of lube oil, will set up a state-of-the-art base oil refinery with an investment of Tk 400...
05 October 2020
Mitsui & Nisso jointly Invest in BIL in India

Mitsui & Nisso jointly Invest in BIL in India

Mitsui & Co., Ltd., (Mitsui, Head Office: Tokyo; President and CEO: Tatsuo Yasunaga) and Nippon Soda Co., Ltd., (Nisso, Head Office: Tokyo; President and CEO: Akira Ishii), have acquired majority shares...
28 September 2020
India - Arab energy partnership growing

India - Arab energy partnership growing

As much as 53% of India’s oil imports and 41% of gas imports now come from the Arab region which is vital for India’s energy security, according to Sanjay Bhattacharyya, Secretary in the Ministry of External...
28 September 2020
SBICAP Trustee Company acquires 56.17% stake in JSL

SBICAP Trustee Company acquires 56.17% stake in JSL

SBICAP Trustee Company said it acquired a 56.17% stake in Jindal Stainless (JSL). The latter’s promoters had pledged shares as collateral to secure a term loan of Rs 400 crore from IndusInd Bank. JSL had...
28 September 2020
CIL floats 4,970 crore tender for the rail corridor

CIL floats 4,970 crore tender for the rail corridor

Coal India Ltd (CIL) has floated a tender worth Rs 4,970 crore for construction of a 135 km east-west rail corridor in Chhattisgarh to evacuate 65 million tonnes of coal from opencast mines of its subsidiary...
28 September 2020
India, US to engage in developing gas infrastructure

India, US to engage in developing gas infrastructure

Union Minister of Petroleum and Natural Gas and Minister of Steel Dharmendra Pradhan discussed 'Strategic Energy Partnership' during video conferencing with Kenneth Juster, the US Ambassador to India,...
28 September 2020
Veolia designs water reuse process for Qatar dairy

Veolia designs water reuse process for Qatar dairy

Veolia Water Technologies Qatar was contracted by Baladna, Qatar’s dairy producer, to upgrade the existing wastewater treatment facility at its cow farm located in Al Khor, north of Doha. Veolia proprietary...
28 September 2020
Lummus announces Master Licensor Award in Oman

Lummus announces Master Licensor Award in Oman

Lummus Technology announced that it has been awarded a contract for technology licensing, process design package, training and advisory services, and proprietary catalyst and equipment supply by Duqm Refinery...
28 September 2020