ADNOC Subsidiary in Abu Dhabi to Form a Joint Venture with Wanhua Chemical Group as a Part of its Smart Growth Strategy

Wanhua Chemical Group, a renowned Chinese company engaged in the business of various chemicals and petrochemicals has recently announced a strategic joint venture with maritime logistic and ship... Read More


Government Extends Deadline for Bid Submission in BPCL Stake under Plea from Potential Bidders

To permit more time to the interested parties, Government of India extends the last date for inviting expression of interest for bid submission in Bharat Petroleum Corporation Limited (BPCL) sta... Read More


Sasol Enters an 8.5 Billion-Rand Deal with Air Liquide SA to Cut its Debt

The South African petrochemical and energy giant Sasol is on a fast track towards cutting its debt by disposing some of its valuable assets. Sasol announced on Wednesday that it has entered into... Read More


GAIL Seeks Government Support to Renegotiate Expensive LNG Deal with U.S

GAIL, India’s largest natural gas marketing and trading firm is reported to seek government support for renegotiating expensive LNG deal from two U.S suppliers. GAIL holds purchase contrac... Read More


Reliance-Aramco Deal Of Oil to Chemical Business Hits Valuation Hurdle

Saudi Aramco , a global petrochemical giant and a major supplier of crude oil to Jamnagar refineries is likely to withdraw from a deal to buy 20 per cent stake in oil to chemical business (O2C) ... Read More


NRL Disinvestment to Happen Prior to BPCL Privatization: DIPAM

In a recent interview with the DIPAM (Department of Investment and Public Asset Management) Secretary Mr. Tuhin Kanta Pandey, it has been disclosed that the disinvestment of Numaligarh Refinery ... Read More