BASF & Nornickel tie up to supply battery materials to European market
BASF SE, a renowned chemical company based out of Ludwigshafen, Germany, has reportedly announced that it has entered into an agreement with Nornickel, a Russian nickel and palladium mining company, t....
Denmark based Ørsted dissolves partnership with the Canadian NaiKun
Ørsted A/S and NaiKun Wind Energy Group of Canada have reportedly decided to dissolve their partnership that aims at developing the Haida Energy Field offshore wind project off British Colombia. Bo....
Blackstone brings forth a buyout offer for oil services giant Ulterra
American private equity firm, The Blackstone Group L.P. has recently agreed on a deal to acquire Ulterra Drilling Technologies L.P., a leading manufacturer of downhole tools and drill bits designed sp....
O&G magnate Exxon Mobil places wager on China’s soaring LNG sector
American oil and gas conglomerate, Exxon Mobil Corp. has reportedly made plans to tackle China’s soaring liquefied natural gas (LNG) demands by pouring in substantial capital for expanding the outpu....
Brazil's Petrobras inks JV agreement with oil and gas magnate CNPC
Brazil’s state-run oil conglomerate, Petroleo Brasileiro SA has recently signed a joint venture (JV) agreement with China’s CNPC (China National Petroleum Corporation), allowing both the firms to ....
Sekisui Specialty Chemicals to relaunch Selvol Ultiloc series brand
Sekisui Specialty Chemicals, LLC, one of the world’s leading global chemical company has recently announced relaunch of its stalled product portfolio, the Selvol Ultiloc series, an array of copolyme....
Saudi Arabia & UAE reiterate commitment to investment plans in India
The Middle East nations of Saudi Arabia and UAE have reportedly announced that they are committed to their initial plan of investing in India’s petroleum downstream sector, including the petrochemic....
Germany to lower renewables surcharge on electricity bills in 2019
Germany would reportedly be cutting down green energy surcharge on consumer’s electricity bills by 5.7% in 2019. Sources close to the matter informed that apparently, the highest power bills in Euro....
Total SA in talks to acquire stake in Adani's LNG, city gas projects
The French multinational oil and gas firm Total SA is reportedly in talks to purchase nearly half stakes of Adani Group in an under-construction LPG import facility and other gas projects in the state....