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Sipchem Bags CSR award

Date : Oct 17, 2018

The Saudi International Petrochemical Company (Sipchem) was recently honoured as the ‘Best CSR and Sustainability Company’ during a ceremony which was held by the Arabia CSR Network in Dubai, UAE.

 

Sipchem was selected for this award in the 'Large Business Category' due to its programmes and efforts in the field of sustainability, which the company considers to be one of the cornerstones of its principles and values that drive the growth of its business in an effective and sustainable manner, as well as achieving its environmental and social balance, said a statement from the company.

&n...

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Iran Can Play Major Role in Global Gas Market - Minister

Date : Oct 26, 2015

Iran’s oil minister says the country is ready to hold the third summit meeting of the Gas Exporting Countries Forum (GECF), adding that the Islamic Republic can play a major role in global gas market.

 

Bijan Namdar...

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Iraq to Import 1.8 Million Tonnes of Gasoil In 2016

Date : Oct 26, 2015

Iraq's State Oil Marketing Company is seeking over 1.8mn tonnes of gasoil imports in 2016, with Vitol likely to be its main supplier, industry sources told Reuters on Wednesday.

 

Out of seven offers SOMO...

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Only Opportunity to Meet Pertamina's President Director at RPIC2015

Date : Oct 23, 2015

Pertamina's President Director & CEO Mr. Dwi SOETJIPTO announced to make a keynote presentation about Pertamina's Strategy and Refining & Petrochemical Industry in Indonesia on RPIC2015. Organized by...

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Al Khafji Joint Operations Appoints New Chairman

Date : Oct 23, 2015

Al Khafji Joint Operations (KJO), which is equally owned by Saudi Arabia and Kuwait, has appointed Homoud al-Otaibi as chairman, industry sources said on Tuesday.

 

Otaibi replaces Abdullah...

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PDO to Continue Investment; 500 Oil Wells to be Drilled This Year

Date : Oct 23, 2015

Petroleum Development Oman (PDO) will continue a robust capital expenditure plan, despite volatile crude oil price environment. Also, the national oil company plans to drill 500 oil wells this...

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BP and China National Petroleum Corporation to Expand Global Partnership

Date : Oct 23, 2015

In an expansion of their ongoing global partnership, BP and China National Petroleum Corporation (CNPC) today entered into a framework agreement on strategic cooperation covering potential shale gas exploration and production in the...

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BPCL to Use Gas Stations to Bring E-Commerce to Rural India

Date : Oct 23, 2015

India’s state-owned Bharat Petroleum Corp. Ltd. (BPCL) is planning to tap its nationwide network of 12,800 gas stations as pick up points for orders made online, source reported.

 

About 30 per cent of...

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Indian Oil Executing Rs 12,000-Cr Pipeline Projects

Date : Oct 21, 2015

Indian Oil Corporation (IOC), the nation’s largest fuel retailer, is busy executing dozen-odd projects at an investment of around Rs 12,000 crore to expand its network of crude oil and products pipeline by 54 per cent to 17,000...

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GECF to Approve Strategic Documents in Tehran Gas Summit

Date : Oct 21, 2015

The Gas Exporting Countries Forum is made up of 18 main and observer members. Iran, Russia, Qatar, Algeria, Bolivia, Egypt, Equatorial Guinea, Libya, Nigeria, Trinidad and Tobago, Venezuela, Peru and the United Arab Emirates are the...

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Waaree Energies Commissions Solar Power Plant for Roha Dyechem

Date : Oct 21, 2015

Solar equipment manufacturer and solutions provider Waaree Energies has announced that it has commissioned a 27.5 MW DC solar power plant for Roha Dyechem.

 

The project utilising 305 WP and 310 WP...

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Dewa Awards $25mn Contracts for Distribution Transformers

Date : Oct 16, 2018

Dubai Electricity and Water Authority (Dewa) has awarded contracts to design, manufacture, test and supply 111/0.4 kV, 1,500 kVA and 1,000 kVA cast resin distribution transformers with low-voltage (LV) smart meters to international transformer manufacturers.   The total cost of the 990 transformers is around Dh93 million ($25 million). This supports Dewa’s ongoing efforts to meet various requirements to expand the electricity distribution network, and provide its services according to the highest international levels of efficiency, reliability, and availability.   These transformers will increase the capacity, efficiency, and reliabil...

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L&T Wins $253mn Kuwait Power Infrastructure Contracts

Date : Oct 16, 2018

India's top engineering and construction firm Larsen & Toubro (L&T) said one of its units has been awarded Rs18.8 billion ($253 million) order for power infrastructure in connection with major housing projects in...

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Jaiprakash Associates, RKM, 5 Others Bag 1,900 MW Power Supply Deals

Date : Oct 15, 2018

Seven companies including RKM PowerGen, Jaiprakash Associates and MB Power have secured contracts to supply 1,900 MW of power to five states.

 

Power Finance Corp Consulting Ltd, a wholly-owned subsidiary of...

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Bapco Commissions New Abqaiq-Bahrain Pipeline

Date : Oct 12, 2018

Bahrain’s national oil company Bapco has commissioned a new 350,000-barrels-per-day (bpd) pipeline (AB pipeline) between Saudi Arabia and Bahrain.

 

The 115-km, 24-to 30-inch-diameter pipeline, which...

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JSW Energy to Revive 240 MW Hydro Power Project in Himachal Pradesh

Date : Oct 11, 2018

JSW Energy intends to revive its 240 MW hydro power project located in Chamba district of Himachal Pradesh at a cost of Rs 2,500 crore. The project which was conceived in 2007 was put on hold as the company could not have a long-term...

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BPCL to Commission 2G Ethanol Plant in Odisha by Dec 2020

Date : Oct 10, 2018

Bharat Petroleum Corporation Ltd (BPCL) plans to commission its second generation (2G) ethanol bio-refinery at Odisha's Bargarh district by December 2020.

 

The project will see an investment of Rs 10...

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Siemens Offers to Boost Iraqi Power Capacity by 11 GW

Date : Oct 10, 2018

Siemens has offered to expand Iraq’s gas-fired power generating capacity by 11 GW over four years, according to the company.

 

Siemens Chief Executive Joe Kaeser presented the proposal to Iraqi Prime...

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OMV Begins Oil Production at Abu Dhabi’s Offshore Fields

Date : Oct 09, 2018

OMV, the international integrated oil and gas company based in Vienna, Austria said that it has commenced production at Abu Dhabi’s offshore Umm Lulu and SARB (Satah Al Razboot)...

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Iraq Rehabilitates Qayara Oil Field in Nineveh

Date : Oct 09, 2018

Oil Minister Jabar Ali al-Luaibi has announced the resumption of production at Qayara oil field in Nineveh province.

 

The field has been rehabilitated following its destruction by the Islamic State group (IS,...

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Modi Inaugurates Mundra LNG Terminal in Gujarat

Date : Oct 05, 2018

Indian Prime Minister, Shri Narendra Modi inaugurated the Mundra LNG terminal in the Indian state of Gujarat on the nation's west coast on Monday. The five mtpa Mundra LNG terminal has been developed by the Adani Group and Gujarat...

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