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Iraq Plans New Oil Export Pipelines

Date : Jul 22, 2019

As Iraq exports most of its crude oil production, the Iraqi government is trying to diversify its oil export outlets in a bid to avoid any damage that could result from the tense security situation in the Gulf region.

 

Iraqi Prime Minister Adel Abdul Mahdi said in a press conference July 9 said that the government was considering export routes through Syrian and Jordanian territory, and added that Baghdad is “worried about the current events in the Strait of Hormuz and their potential impact on the Iraqi economy.”

 

Last month, Iraq's production of crude oil reached 3.52 milli...

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Main Gas Fields in KG-D6 Block in Late Life Stage: Reliance

Date : Jul 22, 2019

Reliance Industries has said its flagship natural gas fields in the KG-D6 block in the Bay of Bengal are in “a late life stage” with output plummeting to an all-time low. The company, beginning mid-2020, will bring to...

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Qatargas Successfully Delivers 3000th LNG Cargo to Japan

Date : Jul 22, 2019

Qatargas, the World's Premier LNG Company, announced a historic milestone as it successfully delivered the 3,000th Liquefied Natural Gas (LNG) cargo to Japan since the first ever Qatari shipment was delivered to...

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Noble Corp Receives Extensions for Jack-ups Rigs in UK & Saudi Arabia

Date : Jul 22, 2019

Offshore drilling contractor Noble Corporation has been awarded contract extensions for two jack-up rigs in the UK and Saudi Arabia. In its latest fleet status report released on Thursday, Noble Corp. said that Total had awarded a...

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KBC to Enhance Triple Bottom Line Performance of ME Oil Refineries

Date : Jul 19, 2019

Three oil refineries to benefit from enhanced resilience from KBC’s Profit Improvement Program® amid growing risk of oil demand under-performance. To combat imminent global economic headwinds, KBC (A Yokogawa Company) has...

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Diesel Sent from Patna for Trial of Petroleum Pipeline

Date : Jul 19, 2019

The petroleum pipeline from India to Amlekhgunj is set to come into operation soon. Diesel has been sent from Patna of Bihar Wednesday for trial of the pipeline and it is expected to reach Amlekhgunj by Thursday evening, according to...

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BPCL to Set Up Ethanol Biorefinery in Maharashtra

Date : Jul 19, 2019

The Bharat Petroleum Corporation (BPCL) will set up Maharashtra’s first-ever ethanol biorefinery at Vidarbha’s Bhandara district. The project will entail an investment of Rs 1,500 crore.

 

The...

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Iraq to Sign Deal with Honeywell for Artawi Gas Processing, says Ministry

Date : Jul 19, 2019

Iraq's oil ministry said on Tuesday it would sign an agreement on Wednesday with U.S. energy company Honeywell to process natural gas from its Artawi southern oilfield.

 

The memorandum of understanding would "develop...

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India Cannot Afford to Ban Petrol and Diesel Vehicles: Petroleum Ministry

Date : Jul 18, 2019

Though the government is currently pushing for the greater use of electric vehicles with an aim of cutting down on its imports for oil in order to save the environment, it has no plans to completely ban the use of petrol and diesel-powered...

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Sufficient Oil Available to Offset India’s Lost Iranian Imports: Petroleum Minister

Date : Jul 18, 2019

There are adequate oil supplies in the market to compensate for lost oil imports from Iran, Indian oil minister Dharmendra Pradhan said in New Delhi on Tuesday. India halted imports from Iran after the United States' May...

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Indo-Nepal Petroleum Products Pipeline Ready for Commercial Operation

Date : Jul 22, 2019

This is the first transnational petroleum pipeline from India and the first South Asian oil pipeline corridor. It is also the first oil pipeline in Nepal. Indian Oil Corporation (IOC) and Nepal Oil Corporation (NOC) have successfully completed the testing transfer of the pipeline. The diesel released from Motihari in Bihar received at Amlekhgunj in Nepal on Friday. The pipeline is now technically commissioned and ready for launch. The oil pipeline will ensure smooth, cost-effective and environment-friendly supply of petroleum products to Nepal.   The prestigious project is expected to be inaugurated soon by the Prime Minister Narendra Modi and his Nep...

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Abu Dhabi to Double Production Capacity

Date : Not Given

Takreer, the oil refining arm of Abu Dhabi National Oil Company .Adnoc. has awarded USD 10 billion contracts this year by...

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Oman: Hadid Majan Intends to Commission New Rebar Mill in July

Date : Not Given

Omani longs producer Hadid Majan plans to commission rebar mill No2 in late July. The new line with a capacity of 150,000 tonnes will be capable of producing 8 mm to 32 mm TMT bars. As previously reported, implementation of the project announced in 2008...

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Qatar, Bahrain Ink the Power Supply Deal

Date : Not Given

Qatar will supply 150 megawatts .MW. of electricity to neighbouring Bahrain with the supply lasting from 3pm to 5pm, reported on September 5. Doha and Manama inked the power supply deal last week in collaboration with the GCC Power Grid Authority, which...

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Wellhead platform topside installed by Qatargas.

Date : Not Given

Qatargas installed the first offshore wellhead platform topside for the Qatargas 3 and Qatargas 4 projects. The 2,200 tonnes...

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QWE Working on Eight Water & Energy Projects

Date : Not Given

To address the pressing energy and water problems facing the country Qatar sustainable water and energy utilization initiative .QWE. is currently working on eight different projects with more than $10m external funding, all are of direct relevance to...

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NTPC Simhadri Thermal Power Unit- I of Phase-II Start-up by March 2011

Date : Not Given

National Thermal Power Corporation .NTPC. will commission the first unit of Stage-II expansion project of Simhadri Super Thermal Power Station by March 2011. Regional Executive Director .South. Ambarish Nath Dave said that the expansion work taken up to...

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RIL to Finalize its Third Shale Gas Deal

Date : Not Given

Reliance Industries .RIL. is looking at yet another shale gas acquisition in North America, its third in three months. The...

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NTPC Plans Rs 6,600 cr Investment in UP Power Project

Date : Not Given

NTPC would invest around Rs 6,600 crore for setting up a coal-based power project at Kanpur, on which the work is expected to start from January 2012. The proposed 1,320 Mw project is likely to come up at Bilhaur, near Kanpur in Uttar Pradesh. 'The work...

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Sohar sign US $200 million loan agreement.

Date : Not Given

A $200 million loan agreement was signed on Monday by Sohar Industrial Port Company with local and international banks to...

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Vedanta-Cairn Deal Stuck in Red Tape

Date : Not Given

Cairn Plc needs at least 10 separate clearances from the petroleum ministry before Vedanta Resources planned purchase of a...

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