Saudi firms Sahara and Sipchem to sign USD 2.2 billion merger deal
Saudi International Petrochemical Co., (Sipchem) and Sahara Petrochemical Co., have recently announced that they have inked a non-binding merger agreement in an all share deal valued at over 2.2 billi....
Taco Bell set to roll out 50 new restaurants across Australia
Mexican fast food chain TacoBell has reportedly announced that it is set to roll out 50 new restaurants in Australia. As per reliable sources, the American franchise plans to expand Down Under, after ....
Saudi & Kuwaiti discussions on shared oil derailed over Chevron Corp.
Discussions between Kuwait and Saudi Arabia to restart two oil fields located in a neutral territory have reportedly been derailed once again. Sources claim, opposing views held by the nations concern....
Norsk Hydro to curtail operations in Brazilian alumina refinery
Norsk Hydro, a Norwegian aluminium and renewable energy company, would reportedly halt operations at Alunorte plant in Brazil, which is the worlds biggest alumina refinery. Apparently, the Alunorte pl....
Loblaw recalls Chicken Fries over probable salmonella contamination
Loblaw Companies Limited, Canada’s largest food retailer, has issued a recall of a particular unbranded $10 Chicken Fries product, as concern arise that the products may be contaminated with salmone....
Shell resumes plan to construct Canadas first LNG export terminal
The multinational oil giant Royal Dutch Shell has reportedly announced to have revived a long overdue liquefied natural gas export terminal in British Columbia. As per trusted sources, the USD 14 bill....
Saudi Arabia shelves $200 billion solar power project with SoftBank
Saudi Arabia has reportedly dropped a $200 billion plan with SoftBank Group Corp focused on building the world’s largest solar power generation project. As per trusted sources, the Saudi Arabian Gov....
Shell and partners announce $31B project to boost Canadian LNG exports
Renowned Anglo-Dutch oil and gas company – Royal Dutch Shell plc (Shell) has reportedly announced that the company and four of its partners have agreed to invest into a $31 billion LNG venture ....
BP receives government clearance for Vorlich project in North Sea
BP, the British multinational oil and gas giant recently announced that it has received approval from the Oil and Gas Authority of UK to go ahead with its Vorlich project in the central North Sea. ....