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ONGC Petro additions Limited | June 24, 2016
ONGC Petro additions Ltd (OPaL) is in talks with local and overseas petrochemical companies to sell as much as 25% in the company, three Oil and Natural Gas Corp. Ltd (ONGC) officials familiar with the development said....
Lukoil | June 20, 2016
Lukoil’s president, Vagit Alekperov recently announced the Russian oil company is in talks with Shell to participate in the development of of a petrochemical complex in Iraq. Lukoil’s management has decided to aid costs by using funds from the oil produced at their oil fields in Iraq at their West Qurna-2 field, the largest field in Iraq....
Fuel Fix | July 25, 2016
Exxon Mobil Corp. and Saudi Arabia’s largest chemical company are considering a partnership to build a major petrochemical complex in either Texas or Louisiana along the Gulf Coast. Exxon and the Saudi Arabia Basic Industries Corp., known as SABIC, announced they’re weighing the venture to take advantage of cheap and abundant natural gas supplies in Texas and other parts of the country. Natural gas is used as the primary feedstock for most petrochemical plants along the Gulf Coast....
Indian Oil Corporation | July 08, 2016
Petrochemical and gas marketing is the next big bet IndianOil Corp. Ltd (IOCL) is taking in a bid to expand its business beyond the core of refining and marketing....
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