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Siemens Appoints Arja Talakar as CEO for its O&G Unit

Date : Apr 18, 2019

Global technology major Siemens has appointed Arja Talakar as the new chief executive officer for its oil and gas unit. He will be based in Houston, US, the global headquarters for its parent operating company, Siemens Gas and Power.

 

Talakar brings to this position extensive leadership experience. Prior to this, he was responsible for Siemens Saudi Arabia, a market and area of the world very important to the oil and gas and power businesses.

 

Together with his team, Talakar has developed close ties and strategic partnerships with leading global oil and gas, energy and petro...

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Aramco Signs Deal for European Crude Oil Supply

Date : Apr 18, 2019

State oil giant Saudi Aramco said its trading subsidiary, Aramco Trading, has signed an agreement with Poland’s leading refiner, PKN Orlen for the supply of Arabian Crude Oil in exchange for a similar volume of high sulphur fuel oil from...

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Telangana to Add 1,000 MW Solar Power Capacity in 6-8 Months

Date : Apr 18, 2019

Telangana will add another 1,000 MW of solar energy capacity in next six to eight months taking the total installed capacity to over 4,500 MW in solar power segment, a senior official said Wednesday....

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BPCL to Build 3m Tonne/Yr PRFCC at Mumbai Complex

Date : Apr 16, 2019

India’s Bharat Petroleum Corp Ltd (BPCL) plans to build a 3m tonne/year petrochemical residual fluidized catalytic cracking plant (PRFCC) at its Mumbai complex in western Maharashtra state by 2022, a company source said on Monday....

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India and Denmark to Work Together in the Offshore Wind Sector

Date : Apr 16, 2019

The Union Cabinet has approved a cooperation agreement between the Ministry of New and Renewable Energy of India (MNRE) and Denmark’s Ministry for Energy, Utilities, and Climate in offshore wind...

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Ensco-Rowan Merger Gets Approval from Saudi Regulator

Date : Apr 16, 2019

UK-based Ensco, a global provider of offshore drilling services to the petroleum industry, said that it has received clearance from the General Authority for Competition in Saudi Arabia for its pending combination with Rowan...

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McDermott Signs JV Agreement with Zamil Offshore to Target MMO Market in Saudi

Date : Apr 16, 2019

McDermott International, Inc. has signed a Joint Venture Agreement with Zamil Offshore to target the Maintenance, Modifications and Operations (MMO) market in Saudi Arabia.

 

McDermott and Zamil will work...

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Global Energy Demand Hits Fastest Pace in this Decade – IEA

Date : Apr 15, 2019

Energy demand worldwide grew by 2.3 per cent last year, its fastest pace this decade, an exceptional performance driven by a robust global economy and stronger heating and cooling needs in some regions, according to International...

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Top Trends in Global Oil and Gas Scenario for 2019

Date : Apr 15, 2019

Oil and gas companies worldwide are facing widespread change. One aspect is significant price volatility, as shifting geopolitical dynamics see the supply-and-demand equations diverge in various geographies with, for example, US...

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Global Wind Power Capacity to Grow 50% in Next 5 Years

Date : Apr 15, 2019

Global wind power capacity is expected to increase by 50 percent in the next five years as technology costs fall further and emerging markets drive growth, according to an industry report.

 

Last year, 51.3...

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EGA Starts Production at $3.3bn Al Taweelah Alumina Refinery

Date : Apr 18, 2019

Emirates Global Aluminium (EGA) has announced the start-up of its $3.3-billion Al Taweelah alumina refinery, a strategic growth project that expands the industrial giant’s business upstream in the aluminium value chain.   The facility, located in Khalifa Industrial Zone Abu Dhabi, is the first alumina refinery in the UAE and its start-up marks the beginning of alumina refining as a new industrial activity in the country, said a statement from EGA.   Alumina is the feedstock for aluminium smelters and is refined from bauxite ore. But currently the UAE imports all the alumina it needs for the country.   Once full ramp-up is a...

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Indian Refiners Turn to OPEC, Mexico, US to Make Up Iran Oil Gap

Date : Apr 18, 2019

Indian refiners are increasing their planned purchases from OPEC nations, Mexico and the United States to make up for any loss of Iranian oil if the US enforces sanctions more harshly from next month, sources and company officials...

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SECI's 1,200 MW Wind Energy Sale Gets Tepid Response

Date : Apr 18, 2019

Solar Energy Corporation of India’s (SECI) 1,200 MW wind auction on Monday saw a surprisingly lukewarm response from developers, with techno-commercial bids of only 600 MW received. SECI confirmed the...

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Ajay Dixit Takes Over as Cairn Oil & Gas CEO

Date : Apr 17, 2019

Cairn Oil & Gas, a subsidiary of Vedanta Ltd, has appointed Ajay Dixit as its chief executive officer. Ajay Dixit succeeds Sudhir Mathur, who quit earlier this month. Dixit served as the acting CEO of Vedanta’s aluminum and...

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Foundation Stone Laid for Greenam Energy’s Floating Solar Power Plant

Date : Apr 17, 2019

Singapore-based AM International Holdings laid the foundation stone for Greenam Energy’s first floating solar power plant at Thoothukudi, Tamil Nadu on 15 April 2019.

 

Greenam Energy is the wholly-owned...

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Oman Inaugurates Sohar Refinery Improvement Project

Date : Apr 17, 2019

The Oman Oil and Orpic Group officially inaugurated one of its strategic growth projects – the Sohar Refinery Improvement Project (SRIP) – under the auspices of Dr Mohammed bin Hamed Al Rumhi, minister of oil and gas,...

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Saudi-Gulf Gas Pipeline Studies to Commence Within Weeks – Falih

Date : Apr 17, 2019

Saudi Arabia will begin technical feasibility studies for a natural gas pipeline linking the country to the wider Gulf Cooperation Council "in a number of weeks," said Saudi energy minister Khalid al-Falih, on the sidelines...

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Adnoc Signs $300mn Pipeline Infrastructure Investment Deal

Date : Apr 17, 2019

Abu Dhabi National Oil Company (Adnoc) said it has entered into a Dh1.1-billion ($300 million) follow-on pipeline infrastructure investment agreement with the Abu Dhabi Retirement Pensions and Benefits Fund...

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Saudi Eyes Up to 25% in RIL Refining & Petrochemical Business

Date : Apr 17, 2019

In what is shaping up into a mega-deal between two corporate behemoths, Saudi Aramco, the world’s most profitable company in history, is learned to be in “serious discussions” to acquire up to 25% in the refining and...

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Dana Gas Doubles Sales in Iraqi Kurdistan

Date : Apr 16, 2019

Sharjah-based Dana Gas has announced that during Q1 2019, Pearl Petroleum has received $112 million (AED 411mm) from the sale of condensate, LPG, and gas in the Kurdistan Region of Iraq (KRI).

 

Dana Gas is a...

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