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BIG-P gas project : Premier Oil draws first gas from Indonesian gas project

BIG-P gas project : Premier Oil draws first gas from Indonesian gas project

Premier Oil has achieved first gas from the Bison, Iguana and Gajah Puteri project (BIG-P gas project) in the Natuna Sea Block A located offshore Indonesia. The UK-based oil and gas company said that the two-year Indonesian gas project was wrapped up on schedule and significantly under the budget. Premier Oil expects the recoverable reserves […]

Petronas, Japan’s JXTG Holdings in race to buy stake in Bina Refinery

Petronas, Japan’s JXTG Holdings in race to buy stake in Bina Refinery

Malaysian oil and gas major Petronas and Japan’s JXTG Holdings are reportedly looking to acquire a stake in India’s Bina Refinery. Located at Bina in the state of Madhya Pradesh, the refinery has a crude oil processing capacity of 156,000 barrels per day (bpd). The Indian oil refinery, which was commissioned in June 2011, is […]