Top news of the week: August 5 - 9

Energy firm has no intention of buying stake in refinery

Malaysian state energy firm Petroliam Nasional Bhd (Petronas) said that it was not interested in acquiring a stake in India’s Bina oil refinery.

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Oil majors close landmark strategic partnership agreements

Eni and ADNOC, Abu Dhabi’s National Oil Company, said they closed their strategic partnership, announced in January. 

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Officials bet on petrochemicals investment to diversify oil and gas-dependent economy

Azerbaijan is betting on petrochemicals investment to diversify its oil and gas-dependent economy. 

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Shell considers solar panels to power Singapore refinery site

Royal Dutch Shell is considering to install solar panels to power its Bukom refining site in Singapore, a company spokeswoman told Reuters.

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India raises cost of refinery project with Aramco

India has increased the cost estimate of a giant refinery and petrochemical project to be jointly built with Saudi Aramco and Abu Dhabi National Oil Co.

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