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SABIC confirms SR1.6 bn investment for two silicon plants in Jubail
Chemicals
Pankaj Singh Date: October 24, 2018

SABIC confirms SR1.6 bn investment for two silicon plants in Jubail

Saudi Basic Industries Corporation (SABIC) has revealed that it has signed two memorandums of understanding (MoU) with RIWAQ Industrial Development and Germany’s SCHMID, for the construction of two ....
Notley suggests using rail cars to transit Alberta’s oil to Ottawa
Energy and power
Pankaj Singh Date: October 23, 2018

Notley suggests using rail cars to transit Alberta’s oil to Ottawa

Rachel Notley, Premier of Alberta, Canada has recently called upon the federal government to buy more rail cars to momentarily transport Alberta’s oil to Ottawa, as to offer better prices to oil pro....
BP & Reliance team up to roll out 2000 petrol pumps in India
Energy and power
Pankaj Singh Date: October 23, 2018

BP & Reliance team up to roll out 2000 petrol pumps in India

British oil giant BP Plc and India’s Reliance Industries Ltd are reportedly planning to jointly build about 2,000 petrol pumps in India in the next three years. As per credible sources, the exact ar....
Australia to support hydrogen project to store renewable energy
Energy and power
Pankaj Singh Date: October 22, 2018

Australia to support hydrogen project to store renewable energy

The Australian government has reportedly announced that it will provide half the funding for the nation’s biggest trial to manufacture hydrogen by utilizing solar and wind energy. As per trusted sou....
Accenture buys DAZ Systems to bolster its Oracle Cloud ERP Services
Technology
Pankaj Singh Date: October 22, 2018

Accenture buys DAZ Systems to bolster its Oracle Cloud ERP Services

The global management consulting firm Accenture has reportedly announced to have purchased DAZ Systems, Inc to bolster its robust Oracle capabilities and delivers new value for its customers. As per t....
Downer awarded a contract to construct Australia’s biggest solar farm
Energy and power
Pankaj Singh Date: October 20, 2018

Downer awarded a contract to construct Australia’s biggest solar farm

Downer Group, a renowned Australian civil contracting and mining company, has recently announced that it has won a new construction contract to build a solar energy farm that is touted to be Australia....
Saudi Aramco to invest in China’s refinery-petrochemical project
Chemicals
Pankaj Singh Date: October 21, 2018

Saudi Aramco to invest in China’s refinery-petrochemical project

Saudi Arabia’s oil and gas conglomerate, Saudi Aramco has reportedly signed an agreement to invest in the refinery-petrochemical project owned by China’s Zhejiang Petrochemical, a move that comes ....
GE wins Iraq power-generation contract against rival Siemens AG
Energy and power
Pankaj Singh Date: October 19, 2018

GE wins Iraq power-generation contract against rival Siemens AG

American multinational conglomerate, General Electric (GE) has reportedly won a major power generation contract in Iraq, against its German rival Siemens AG, after the U.S. government intervened in fa....
Total SA signs pact with Adani group to invest in fuel retailing
Energy and power
Pankaj Singh Date: October 19, 2018

Total SA signs pact with Adani group to invest in fuel retailing

French multinational oil and gas company Total SA has reportedly announced to have signed an agreement with Gautam Adani-controlled Adani Group to invest in the downstream sector in India. As per trus....

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