Industry News

Adnoc, Mubadala to explore downstream, refining prospects

By rahmah | 14th December 2018

The Abu Dhabi National Oil Company (Adnoc) and Mubadala Investment Company have partnered to explore growth prospects in Mubadala’s refining and petrochemicals assets and Adnoc’s downstream investment ambitions. The Abu Dhabi National Oil Company (Adnoc) and Mubadala Investment Company have signed a framework agreement to explore potential global growth opportunities that build on Mubadala’s diverse…Read more

The Race Is On For Philippines’ First LNG Terminal

By rahmah | 14th December 2018

News coming out of the Philippines is that yet another group of companies is trying to be the first to build a working liquefied natural gas (LNG) receiving terminal in the Philippines. On Wednesday,  Philippine power company First Gen Corp. and Tokyo Gas said they had signed a preliminary agreement to jointly develop a LNG import terminal…Read more

Pertamina ready to work on the Bontang refinery project

By rahmah | 14th December 2018

PT Pertamina (Persero) and Overseas Oil & Gas (OOG) are committed to running the grass root refinery (GRR) project or the construction of a new refinery in Bontang. This commitment was marked in a Framework agreement between the two companies to build a 300 000 bpd refinery and Petrochemical in Bontang, East Kalimantan. OOG is a…Read more

India’s energy sector to attract $300 bn investment in coming decade: Pradhan

By rahmah | 14th December 2018

New Delhi: Oil Minister Dharmendra Pradhan today said that the global investor industry has its eyes on India’s growing energy sector and investments in the tune of $300 billion is expected in the sector in the coming decade. “The global investor industry is today keenly looking at Indian energy sector as an attractive investment destination. About 300…Read more