Luda 29-1 oilfield : CNOOC begins production from offshore Chinese asset
CNOOC, a Chinese state-owned oil and gas company, has commenced production from the Luda 29-1 oilfield in the Bohai Sea, offshore China. Located in the ... Read More
Kinder Morgan to acquire renewable natural gas developer Kinetrex Energy
Energy infrastructure giant Kinder Morgan (KMI) has agreed to acquire renewable natural gas developer Kinetrex Energy from an affiliate of Parallel49 Equity for $310 million. ... Read More
Aegis Logistics, Vopak to create Indian JV for LPG and chemical terminals
Aegis Logistics said that it will create a joint venture (JV) called Aegis Vopak Terminals Ltd (AVTL) with Dutch tank storage company Royal Vopak for ... Read More
Maersk Intrepid rig gets contract extension at Martin Linge field
Maersk Drilling said that it has secured a contract extension worth around $10.5 million for its low-emission jack-up rig Maersk Intrepid from Equinor Energy at ... Read More
IndianOil announces exit of Rajendra Arlekar as independent director
Indian Oil Corporation Limited (IndianOil) announced that Rajendra Arlekar has resigned as an independent director of the union government-owned oil and gas company with immediate ... Read More
PCK oil refinery : Shell to divest stake in German refinery to Alcmene
Royal Dutch Shell said that its subsidiary - Shell Deutschland will divest its 37.5% non-operated stake in the PCK oil refinery in Schwedt, Germany (PCK ... Read More
IndianOil to move ahead with $600m styrene monomer project at Panipat Refinery
Indian Oil Corporation (IndianOil) said that its board has accorded stage 1 approval for a styrene monomer project to be developed with a cost of ... Read More
Sharika Enterprises gets six LOIs from IOCL for compressed biogas plants
Sharika Enterprises Limited said that it has been issued six letters of intent (LOIs) from Indian Oil Corporation Limited (IOCL) for setting up compressed biogas ... Read More
Reliance restarts fluidized catalytic cracker unit at SEZ refinery in Jamnagar
Reliance Industries Limited said that the fluidized catalytic cracker unit (FCCU) at its SEZ refinery in Jamnagar, Gujarat has been restarted. The company undertook an ... Read More
ONGC reports FY21 gross revenue of Rs 681.41bn and net profit of Rs 112.46bn
Oil and Natural Gas Corporation (ONGC), an Indian government-owned oil and gas company, has reported gross revenue of INR 68,141 crore and net profit of ... Read More