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Qayara Refinery Available for Investment

Date : Feb 22, 2018

The Ministry of Oil has announced an opportunity to invest in a 100,000-bpd refinery at the Qayara field in Ninawa governorate.

 

In a statement, the Ministry said:

 

The execution is according to the methods of BOOT or BOO and according to the investment law of the refineries No.64 for the year 2007 and its amendments.

 

The products of the refinery must be environment friendly according to the international standards.

 

The tax breaks must be according to the investment law No.13 for the year 2006.

 

In accordance wit...

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Eni Discovers up to 15bcm gas in Nile Delta Region; Production to Start Soon

Date : Jul 22, 2015

Italy's Eni has discovered gas reserves of up to 15 billion cubic meters in Egypt's Nile Delta region, with production set to start in two months, the Egyptian oil ministry said on Monday.

The...

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Masdar’s Solar Hub Launched at Intersolar NA Event

Date : Jul 22, 2015

Abu Dhabi’s renewable energy company Masdar has announced the international launch of its solar hub at Intersolar North America, a premier networking platform for the North American solar...

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Cairn Says Tie-Up with Parent Vedanta is on Track

Date : Jul 22, 2015

Cairn India Chief Executive Mayank Ashar said on Tuesday the firm's proposed buyout by parent Vedanta Ltd was "on track", brushing off demands from some minority shareholders for a higher price...

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Iran and Germany to Develop Downstream Ties

Date : Jul 22, 2015

In the wake of the lifting of international sanctions, Iran is set to dramatically increase its downstream dealings with Germany, according to Iran’s ambassador to Germany Ali Majedi.

 

Germany is sending a high ranking...

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Iran Offers India $8bn Worth Projects

Date : Jul 21, 2015

Iran has offered India $8 billion worth of infrastructure projects, including a stake in developing the strategic port of Chabahar, the country’s ambassador to New Delhi has said.

 

New Delhi wants to use the...

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Indian Oil to Invest Rs 10 Bn to Raise Stake in CPCL

Date : Jul 21, 2015

Indian Oil Corporation Ltd will invest Rs 10 billion for raising stake in Chennai Petroleum Corporation Ltd by subscribing to preferential issue. 

 

Shareholders of CPCL have decided to increase...

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Indore Smart City Project Awaits Centre’s Approval

Date : Jul 21, 2015

The Madhya Pradesh Government is waiting final clearance from the Central government to develop Indore smart city. The city will be developed on a 300-acre non-processing area of Indore special economic zone (SEZ). The state government has applied to...

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Work on Damaracherla Power Plant to Begin Soon

Date : Jul 21, 2015

Works on the 4,400 MW super critical thermal power station being set up by the Telangana State Generation Corporation (TSGenco) at Damaracherla in Nalgonda district is likely to take off soon with the agency getting environmental clearance for the...

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Seychelles Launches Renewable Energy Initiative with Masdar

Date : Jul 21, 2015

Seychelles has launched a renewable energy initiative in collaboration with the UAE’s Masdar Company to establish new wind and solar energy projects to secure future domestic needs of the...

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KBR Wins Award for Sadara Chemical Project

Date : Jul 20, 2015

KBR, a global technology, engineering, procurement and construction company serving the hydrocarbons and government services industries, said it had received an award from Hydrocarbon Processing for its work on the Sadara Chemical Project in...

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DEWA to set up First Solar-Driven Hydrogen Electrolysis Facility

Date : Feb 23, 2018

Dubai Electricity and Water Authority (Dewa), Expo 2020 Dubai and Siemens signed a memorandum of understanding (MoU) to kick-off a pilot project for the region’s first solar-driven hydrogen electrolysis facility at Dewa's outdoor testing facilities at the Mohammed bin Rashid Al Maktoum Solar Park.   The agreement was signed during the 6th World Government Summit in Dubai, UAE, by Reem Al Hashimy, UAE Minister of State for International Cooperation and director general, Dubai Expo 2020 Bureau; Saeed Mohammed Al Tayer, managing director and CEO of Dewa; and Joe Kaeser, president and CEO of Siemens, said a statement.   The facility a...

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PDO, GlassPoint Inaugurate Miraah Solar Plant

Date : Feb 23, 2018

Petroleum Development Oman (PDO) and GlassPoint Solar have inaugurated the Miraah solar plant, located at the Amal oilfield in the south of Oman. The plant will be among the world’s largest solar projects on...

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Petronas Inks LNG Supply Deal with India’s Hiranandani

Date : Feb 23, 2018

Petroliam Nasional Bhd's (Petronas) subsidiary will supply Liquefied Natural Gas (LNG) to India after inking a deal with H-Energy Mideast DMCC (HEMD). The national oil company said Petronas LNG Ltd had signed a sale and purchase...

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Bengal Govt to Award India's Largest Floating Solar Plant by March

Date : Feb 23, 2018

The West Bengal government was expecting to award the country's single largest grid connected floating solar power project in Murshidabad by March, a top official said here today.

 

"Tender had been...

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India 'Strongly Committed' To TAPI Gas Pipeline Project, says M J Akbar

Date : Feb 23, 2018

India today said it was "strongly committed" to the USD 10 billion trans-national TAPI pipeline project that will help ease energy shortages in South Asia, but voiced concerns over the security and predictability of supply...

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Sebacic Plans Bio-based Nylon Project in Duqm

Date : Feb 23, 2018

Sebacic Oman plans to build a bio-based nylon project as forward integration of its soon-to-be-commissioned sebacic acid project in the Duqm free zone of the sultanate, said a report.

 

The...

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DEWA to Complete Water Pipeline Project in October

Date : Feb 22, 2018

Dubai Electricity and Water Authority (Dewa) said it has made significant progress on its pipeline projects running 25 km across various parts of the emirate.

 

The project involves the extension of...

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BHEL Gets Rs 10.34 Bn Order from HPCL for its Visakhapatnam Refinery

Date : Feb 22, 2018

State-run power equipment maker Bharat Heavy Electricals Limited on Wednesday said it has bagged a Rs 10.34 billion gas turbine-based captive power plant order from HPCL. In a regulatory filing, Bharat Heavy Electricals Ltd (BHEL)...

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ReNew Power Signs MoU for Rs 14,000 cr Investment

Date : Feb 21, 2018

Renewable energy company, ReNew Power, has entered a memorandum of understanding (MoU) with the Maharashtra government.

 

The company has signed an agreement for a proposed investment of Rs 14,000 crore in the...

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Al-Zour Refinery Works is 45% Complete; Set for 2019 Completion

Date : Feb 21, 2018

Nearly 45 percent of the work on the Al-Zour refinery in Kuwait has been completed and the project is on track for opening early next year, said the country's oil minister.

 

The Al-Zour refinery project...

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