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Digitization
Digitization | 11 November 2020

ADNOC deploys first phase of AI-based predictive maintenance project

The predictive maintenance project, which was announced in November 2019, is being implemented over four phases and is one of the largest in the oil and gas industry

Gas
Gas | 11 November 2020

ADNOC and TOTAL deliver first unconventional gas from the UAE

This achievement marks a significant milestone towards future full field development and is an important step towards ADNOC’s target of producing 1 billion standard cubic feet (scfd) of gas from the concession before 2030, ultimately enabling gas self-sufficiency for the UAE

Chemical
Chemical | 11 November 2020

IMCD business grows in first nine months of 2020

Company posted a gross profit growth of 6% to EUR 485.7 million in the first three quarters of the current fiscal

General
General | 11 November 2020

ISGEC Q2 profit zooms to 70%

Company's profit stood at Rs 76.96 crores in second quarter of current fiscal

General
General | 11 November 2020

India approves Rs. 1.46 lakh crores PLI scheme; Rs. 15,000 cr for Pharma

The PLI scheme is for enhancing India’s manufacturing capabilities and enhancing exports under Atmanirbhar Bharat campaign

Chemical
Chemical | 11 November 2020

Punjab Chemicals profit rises 228.13%

The company posted net profit of 228.13% YoY to Rs. 11.78 crore in Q2

Petrochemical
Petrochemical | 11 November 2020

Honda India joins hand with Repsol Lubricants

Tested & recommended by Honda Motor Co. Ltd., the engine oil which will be marketed as ‘Honda Repsol MOTO’ is exclusively formulated for Honda’s two-wheelers

Chemical
Chemical | 11 November 2020

GACL upgrades phosphoric acid plant investment to Rs. 520 crores

Company had earlier planned to invest Rs. 390 crores for this project and commercial operation of the plant is expected to commence by March 2022

People
People | 11 November 2020

Albert David appoints new CFO

Ranadeep Bhattacharya has been appointed Chief Financial Officer from 1st December, 2020

Gas
Gas | 10 November 2020

INEOS launches clean hydrogen business portfolio

The new business will have its headquarters in the U.K. and aims to build capacity to produce hydrogen across the INEOS network of sites in Europe, in addition to partner sites where hydrogen can accelerate decarbonization of energy

Gas
Gas | 10 November 2020

bp and Orsted to create renewable hydrogen partnership in Germany

In their proposed Lingen Green Hydrogen project, the two firms intend to build an initial 50 ?megawatt (MW) electrolyzer and associated infrastructure at bp’s Lingen Refinery in northwest Germany

Gas
Gas | 10 November 2020

Baker Hughes to acquire CCUS specialist firm

The agreement includes all intellectual property, personnel and commercial agreements

Chemical
Chemical | 10 November 2020

Henkel Q3 sales drops due to low adhesives volume

In the third quarter of 2020, sales of the Henkel Group decreased nominally by -1.5 percent to 4,999 million euros

Chemical
Chemical | 10 November 2020

Bodal to invest Rs. 345 crore on new specialty chemical plants

Company plans to diversify into benzene downstream products having capacity of 55,000 MTPA and expansion of sulphuric acid and derivatives having capacity of 340,000 MTPA at Saykha GIDC, Bharuch, Gujarat

Petrochemical
Petrochemical | 10 November 2020

Shalimar Paints turns cash positive after 14 quarters

This growth is attributed to the company’s aggressive cost control strategy and efficient management of overheads during pressing times like COVID-19

Gas
Gas | 10 November 2020

Siemens to discontinue support to build coal-fired power plants

Company will explore opportunities to further deepen its collaboration with Siemens Energy in the new business areas, to provide reliable, affordable and sustainable energy in India

Gas
Gas | 10 November 2020

GAIL's Q2 FY21 profit reaches Rs. 1,239 Cr

The company recorded a 13% increase in turnover to Rs. 13,611 crore vis-a-vis Rs. 12,060 crore in Ql FY21

Chemical
Chemical | 10 November 2020

Chemcon commissions 2 new plants for HMDS manufacturing

Company has commissioned 2 plants - P2 and P7 for manufacturing of HMDS with capacity of 1,800 MTPA each.

Technology
Technology | 10 November 2020

McDermott awarded contract for Baltic ethane cracker in Russia

The project is the largest ethylene integration project in the world

Technology
Technology | 10 November 2020

McDermott wins FEED contract for Ichthys Gas field development in Australia

The award is for a booster compression module FEED with optional engineering, procurement and construction (EPC) for the project

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