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Crude Oil
L&T Wins 'Large' Contract from Indian Oil for Capacity Expansion at Barauni Refinery
It has won a "big" contract from the Indian Oil Corporation to expand capacity at the IOC's Barauni refinery in bihar.
Oil & Gas Trade
India's Top Refiner Declares Force Majeure On Oil Imports From Saudi Arabia
Indian Oil Corp (IOC), the country’s biggest refiner and fuel retailer, has declared a force majeure on oil imports from some of its top oil suppliers, includi…
Oil & Gas Trade
Oil Crisis Deepens in Libya as Losses Exceed $3 billion
The oil crisis in Libya is deepening as a blockade of the country’s vital oil fields generated losses of more than $3 billion, the national oil corporation ann…
Oil & Gas Trade
CNOOC Has Fully Resumed, Recovering From the Effect of Coronavirus
On March 6, the reporter learned from China National Offshore Oil Corporation that, with full coordination efforts, up to now, CNOOC's projects under constructi…
Crude
Libyan Oil Chairman Calls On U.S. To Help End Oil Blockade
The United States should step in and help lift the blockade of Libyan oil ports that has decimated the country’s oil production, the chairman of the National O…
Libya's Oil Corporation: Blockade Losses Exceed $1.3 Billion
Economic fallout continues from the shutdown of Libya’s vital oil fields, with losses surpassing $1.3 billion, the national oil corporation announced Tuesday.
Crude
Pipeline Closure Risks Taking Nearly all Libya's Oil Offline
Two major oilfields in southwest Libya began shutting down on Sunday after forces loyal to Khalifa Haftar closed a pipeline, potentially reducing national outpu…
Oil and Gas Technology
IOC's INDMAX Refining Technology Is Selected by Serbian Oil&Gas Company
After creating ripples in the domestic refining sector, state-owned Indian Oil Corporation's (IOC) state-of-the-art INDMAX refining technology has been selected…
GS Caltex
GS Caltex is a South Korean oil refiner. The company changed its name from LG-Caltex Oil Corporation to GS Caltex Corporation on January 27, 2006. It is jointly…
Oil and Gas Equipment
China's CNOOC Aims to Take a Stake in Ugandan Oil Pipeline
Chinese oil firm China National Offshore Oil Corporation (CNOOC) aims to take a stake in an oil pipeline being developed to export Ugandan crude, the firm said …
China National Offshore Oil Corporation
China National Offshore Oil Corporation is the largest offshore oil and gas producer in China. Headquartered in Beijing, CNOOC was founded in 1982.
Oil&Gas Drilling
NOC Declared on Saturday Force Majeure on Sharara Crude Shipments
A field engineer said Libya’s Sharara field resumed production on Monday after it closed on Friday due to valve closure.
Oil&Gas Drilling
Chinese Oil Giants Fast-Track Investments to Boost Domestic Output
Will increasing capital spending by the Chinese companies be a winning bet and generate profitable returns, considering the soaring development costs in China’…
Offshore Wind Power
Equinor and South Koreans Established Float 200MW Offshore Wind Farm
Equinor, the Korea National Oil Corporation (KNOC) and Korea East-West Power Corporation have established a consortium to develop a 200MW floating offshore wind…
Indian Oil Corporation Ltd
With a 33,000-plus work-force, extensive refining, distribution & marketing infrastructure and advanced R&D facilities, lndianOil plays a significant role in fu…

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