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Tag: oil
GEDI signs $3.58bn contract to construct Wak Groups oil refinery in Pakistan
2017-08-24 01:00:00| Hydrocarbons Technology
Chinese firm Guangdong Electrical Design Institute (GEDI) has signed a $3.58bn agreement to provide engineering, procurement and construction services for Wak Groups Falcon Oil refinery in Khyber Pakhtunkhawa, Pakistan.
Tags: groups
contract
oil
signs
Indian Oil to invest approximately $8.1bn in Odishas Paradip refinery
2017-08-23 01:00:00| Hydrocarbons Technology
State-owned Indian Oil (IOC) is set to invest around Rs520bn ($8.1bn) to expand the Paradip refinery and establish a petrochemical complex in the Indian state of Odisha, according to the Press Trust of India.
Tags: approximately
oil
indian
invest
Oil prices slip as Libyan production improves
2017-08-23 01:00:00| Offshore Technology
Oil prices have slipped on rising concerns of oversupply as production in Libya increases and US gasoline stocks improve in the peak summer driving season.
Tags: prices
production
oil
slip
Xanadu Oil Prospect, Perth Basin
2017-08-22 14:18:00| Offshore Technology
Xanadu oil prospect is located in the southern part of the TP/15 permit of the Perth Basin, off the shore of Australia.
Tags: oil
prospect
basin
perth
Rosneft-led consortium acquires Essar Oil for $12.9bn
2017-08-22 01:00:00| Hydrocarbons Technology
Russian oil and gas company Rosneft-led consortium, along with Trafigura and UCP Investment Group, has completed the acquisition of Indian refiner Essar Oil (EOL) in a deal valued at $12.9bn.
Tags: oil
consortium
acquires
essar
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