OIL AND GAS
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The Changing Oil Landscape: Saudi Aramco Invests $44 Billion in India, Will Build Mega Refinery in Ratnagiri
The world’s biggest oil company, Saudi Aramco, announced a $44-billion deal to build a giant refinery complex in India with three Indian oil majors. The announcement was made public on Wednesday... Read More
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NEWS
The Changing Oil Landscape: Saudi Aramco Invests $44 Billion in India, Will Build Mega Refinery in Ratnagiri
The world’s biggest oil company, Saudi Aramco, announced a $44-billion deal to build a giant refinery complex in India with three Indian oil majors. The announcement was made... Read More
Joint Venture: Saudi Aramco and Malaysian Petronas Break Deal on Refinery Project
Saudi Aramco and Petroliam Nasional Bhd (Petronas) have reached an agreement to form two joint-ventures for the Refinery and Petrochemical Integrated Development (RAPID) project, w... Read More
Australis Oil and Gas goes into trade halt for $US100 million drilling project
Australis Oil & Gas, the oil and gas company formed by the founder and executives of Aurora Oil & Gas Limited, has gone into a trading halt in order to raise up to $40 mill... Read More
BP says better technology could lower oil production costs
The Oil and gas supermajor, BP (formerly known as British Petroleum), headquartered in London, England said in its Technology Outlook report published on Thursday that the average ... Read More
New proton battery could replace existing lithium-ion technology in the battery business
The year 2018 has seen the boom of the lithium-ion battery industry, with companies like Tesla, Rimac, and already established car companies like Ferrari, Porsche, and McLaren work... Read More
Blockchain enters Oil and Gas business
Royal Dutch Shell, after backing up a blockchain-based trading platform last year has gone a step further into what is now possibly considered the hottest tech news, pick... Read More
Not a Clean Bill of Health: China’s Sinopec Sues Venezuela’s PDVSA over Failure to Pay Debt
Sinopec USA, a subsidiary of Chinese oil and gas conglomerate Sinopec, has sued Venezuela’s state oil company PDVSA in a U.S. court, claiming it never received full payment f... Read More
California-based Belridge Oil Field just Turned to an Unexpected Solar Power Source
GlassPoint Solar will supply Aera Energy, one of California’s largest oil and gas producers, with an integrated solar plant that will be the first of its kind to use solar st... Read More
The burning of coal, oil and gas increases the CO2 emissions
Changes in land use are responsible for about 9% of all global CO2 emissions. The recent reports say that the carbon dioxide emissions have increased up to two percent this year af... Read More
Oil Giant Saudi Aramco to Cut Crude Supply to Help Balance the Market
State-run Saudi Arabian Oil Company Aramco has cut crude oil allocations for November by slightly above 5 million barrels per day, the Saudi energy ministry said in a statement. &... Read More
