State refiners Indian Oil Corp (IOC) and Hindustan Petroleum Corp (HPCL) are holding talks with Iraq's national oil company to buy 4 million barrels of Basra light crude oil for India's strategic petroleum reserves (SPRs), three source
Indian Oil Corp (IOC), the country's biggest refiner, is exploring options including a merger to save loss-making unit Chennai Petroleum Corp (CPCL), its chairman B Ashok told Reuters.
CPCL's attempts t
Tunisia is looking to welcome new technologies and partnerships with International Oil Companies (IOCs), that can be effectively integrated into existing projects, said a senior official.
Mohamed Akrout, CEO of state-owned Tunisia
Iraq's new government will prioritise work on new hydrocarbon legislation to reassure international oil companies and integrate oil contracts signed in Kurdistan, a government spokesman said on Monday.
"Among the next government's prioriti
Jordan has been selected to host the Eurasia Conference on Chemical Sciences after a competition was held on an international level by the International Organizing Committee (IOC).
This makes Jordan the first Arab country to host such a co
Dubai will only bid to host the 2020 Olympic Games if it can overcome the hot weather that has hampered other Middle Eastern bids for major sporting events in the past, the emirate's ruler said.
Dubai is widely speculated to be conside
Rio de Janeiro won a resounding vote to stage the first Olympics in South America in 2016, rebuffing US President Barack Obama, who had personally lobbied for his adopted hometown Chicago.
The decision by the International Olympic Committe
Bahrain's Olympic 1,500 metres gold medallist Rashid Ramzi and two cyclists are among six athletes to test positive for the blood booster Cera at the Beijing Olympics, officials said yesterday (April 29).
Italy's road race silver m
Indian oil firms plan to invest $3 billion to develop gasfields in Iran's Farsi block if Tehran gives the go-ahead, a source at one of the companies said.
The source added the block holds estimated recoverable gas reserves of 12.8 trillion
India's top state-run refiner, Indian Oil Corp, will partner Egyptian General Petroleum Corp to jointly build a $9 billion refinery and petrochemical complex in Egypt, a report said.
'We have agreed to work out details of the project,' the