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Oil & Gas Journal 10/23/2018 12:50
Brent crude oil futures as well as light, sweet crude for November and December delivery were up slightly Oct. 22 as the market turned its eyes to Saudi Arabia. The kingdom plans to increase its crude oil output and does not intend to use its reserves as a political tool in the controversy over the killing of journalist Jamal Khashoggi, Bloomberg reported Oct. 22, citing Russia’s TASS news agency’s interview with Energy Minister Khalid Al-Falih.
Oil & Gas Journal 07/30/2018 12:50
Abu Dhabi National Oil Co. has signed a memorandum of understanding with Saudi Aramco and a consortium of public-sector refining firms Indian Oil Corp. Ltd. (IOC), Bharat Petroleum Corp. Ltd. (BPCL), and Hindustan Petroleum Corp. Ltd. (HPCL) to jointly develop and build Ratnagiri Refinery & Petrochemicals Ltd.’s (RRPCL) proposed grassroots 60 million-tonne/year integrated refining and petrochemical complex at Ratnagiri in Maharashtra state on India’s west coast.

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