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Iran, Oman to form Strategic Gas Committee

Date : Jul 16, 2018

The CEO of the National Iranian Gas Export Company (NIGEC) said Iran and Oman were about to form a joint strategic committee to finalize a long-sought gas pipeline project.

 

Speaking to source, Mehran Amir Moeini said an Iranian delegation was scheduled to visit Oman in order to finalize the framework of cooperation between the two countries.

 

Since 2004, Iran and Oman have been in talks to carry out a gas pipeline project in which Iran is expected to send its gas through a sea pipeline to the Persian Gulf country to have it converted into liquefied natural gas (LNG) and then receive it to b...

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OPEC Boosts June Oil Output

Date : Jul 13, 2018

OPEC members increased crude oil production in June, as the group along with some Russia-led countries agreed to increase output to compensate for supply declines in countries including Venezuela and...

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Azure Power Wins 160 Mw Solar Project in UP Auction Quoting Tariff of Rs 3.55/Unit

Date : Jul 13, 2018

Azure Power, New Delhi-based independent solar power producer, today announced it has won a 160 Megawatt (Mw) solar power project in Uttar Pradesh in the latest auction conducted by Uttar Pradesh New & Renewable Energy Development...

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IOCL to Invest Rs 36.63 Billion to Lay Pipelines in Eastern Sector

Date : Jul 13, 2018

Oil major Indian Oil Corporation Limited (IOCL) will invest Rs 36.63 billion for laying two pipelines originating from Odisha under the aegis of South Eastern Region Pipelines (SERPL). The oil PSU will lay the Paradip - Hyderabad...

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Petrol, Diesel Prices Increase for the Seventh Time in Current Month

Date : Jul 13, 2018

Oil Marketing Companies (OMCs) raised the retail prices of petrol and diesel across the nation today, the seventh such hike in the current month alone, in line with the rise in global crude prices.

 

Indian...

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ADNOC in Talks to Deepen Investment and Partnership with China

Date : Jul 12, 2018

His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Abu Dhabi National Oil Company (ADNOC) Group CEO, held a series of meetings with Chinese oil, gas, refining and petrochemical industry leaders, focused on expanding...

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Saudi Aramco Adjusts its Asia Crude Oil Benchmark

Date : Jul 12, 2018

Saudi Aramco announced that it is adjusting its Asia crude oil pricing marker in an effort to increase the overall reliability of its crude oil pricing.

 

Saudi Aramco’s long-standing price marker was...

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UAE, South Korea Discuss Opportunities in Energy Cooperation

Date : Jul 11, 2018

The UAE and South Korea discussed opportunities for cooperation in the energy sector during a meeting between Dr Sultan Ahmed Al Jaber, UAE Minister of State and Adnoc Group CEO, and South Korea’s Foreign Minister Kang Kyung-wha...

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Indian Hydropower Generation Company to Develop 260 MW of Solar Projects

Date : Jul 10, 2018

The National Hydroelectric Power Corporation (NHPC Limited), a government-run entity, has received the go-ahead signal from State Investment Promotion Board (SIPB) for 260 MW of grid-connected solar photovoltaic (PV) projects to be...

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Rajasthan to Get $250 Million from World Bank to Reform Electricity Distribution

Date : Jul 10, 2018

The World Bank has approved a $250 million development policy loan (DPL) to Rajasthan for the improvement of the state’s electricity distribution sector under the ‘24×7 Power for All’...

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Precision Drilling Bags Kuwait Rig Contract

Date : Jul 16, 2018

Canada’s Precision Drilling Corporation said it was awarded a five-year contract for a new build drilling rig in Kuwait.   The take or pay contract has an optional one year extension for the rig which will add to the existing five active rigs in Kuwait on long-term contracts, Precision said in a statement.   The company expects the sixth rig to commence operations in the third quarter of 2019.   All six rigs have standardized rig design features and specifications delivered within the last five years. In line with prior new builds, the rig has attractive internal return metrics and a payback period within the initial contra...

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GE Oil & Gas launches new VetcoGray SVXT S-Series Subsea Tree.

Date : Not Given

New, Simplified Design Delivers Significant Installation, Maintenance and Cost Benefits for Shallow-Water Operators Globally GE...

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Rajasthan Inks MoU for Setting Up 1200MW Thermal Plant

Date : Not Given

Rajasthan government has signed a MoU with Gujarat based power company Siddhi EnerTech Limited for setting up a 1,200 MW coal...

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Acciona Begins Third Indian Wind Power Project

Date : Not Given

Spanish wind Power Company Acciona Energy, a developer and manager of renewable projects, has started construction work on its Tuppadahalli third wind power in India. The Tuppadahalli facility will produce 56MW of output; the project is expected to be...

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HPCL Seeks Land for New Refinery in Maharashtra

Date : Not Given

State-run oil marketer Hindustan Petroleum Corporation .HPCL. has sought more land from the Maharashtra government to set up a...

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NOC's Cuddalore Refinery to be Commissioned By 2011

Date : Not Given

India's Nagarjuna Oil Corp .NOC. announced that it will commission its Rs 6,960 crore Cuddalore refinery in Tamil Nadu by the end of 2011. NOC Managing Director S Rammohan said 'The refinery is 40 per cent complete and we are targeting commissioning by...

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LNG production started by Qatargas Train 5.

Date : Not Given

The Train 5 of the Qatargas 2 project started its production of liquefied natural gas .LNG. as announced by the Qatargas. The...

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Satluj Jal Plans 6,000 MW Power Capacity by 2020

Date : Not Given

State run Satluj Jal Vidyut Nigam said that it planned to have a generation capacity of 6,000 MW, entailing an investment of about INR 30,000 crore by 2019-20. The firm is a joint venture between the Central government and Himachal Pradesh state...

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World s largest solar-powered desalination plant to come up in RAK?

Date : Not Given

27 Nov 2013: The world s largest solar-powered seawater desalination plant will soon be established in Ras Al Khaimah to...

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RIL, RNRL,GSMA Sign Gas Supply Contract

Date : Not Given

A company source said that the gas supply master agreement .GSMA. signed between Reliance Industries .RIL. and Reliance Natural Resource .RNRL. provides for gas supply to Greenfield Power plant provided RNRL receives prior allocation by the government....

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Kahramaa Awards QR17bn Water Mega Reservoir Deals

Date : Not Given

16 Mar 2015: Qatar General Electricity & Water Corporation .Kahramaa. announced that it has started awarding contracts for the...

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