India
News
December 31, 2015
Qatar’s RasGas Co. has reached a new pricing agreement for an existing 25-year contract with Petronet LNG Ltd., India’s biggest gas importer that lowers the price of the fuel by almost half starting Jan. 1.
News
October 09, 2015
Cairn India Ltd., the nation’s biggest onshore oil driller, is targeting an 18% increase in output from its wells in the northern state of Rajasthan in January as it revives older fields in its largest producing block, according to company and government officials.
News
October 07, 2015
Recent reports by the International Energy Agency note that Canada will fail to have any LNG export projects up and running before 2020, paving the way for U.S. suppliers to dominate.
News
October 06, 2015
The worst commodity slump in a generation has a silver lining for India’s state-run energy explorer.
News
September 30, 2015
India reduced the price of locally produced natural gas by 18% for six months beginning Oct. 1, hurting producers including Oil & Natural Gas Corp., Oil India Ltd. and Reliance Industries Ltd.
News
September 24, 2015
Electromagnetic Geoservices ASA (EMGS) is pleased to announce that the company has signed a multi-client acquisition agreement with the Directorate General of Hydrocarbons (DGH) in India.
News
September 04, 2015
OAO Rosneft will sell a stake in one of its largest oil-producing projects to ONGC Videsh Ltd., the overseas-investment arm of India’s biggest explorer, for $1.27 billion, people familiar with the plan said.
News
August 20, 2015
India’s Oil and Natural Gas Corp. is in discussions to take $535 million worth of crude in lieu of cash for its share of sales from a Venezuelan oilfield.
News
August 14, 2015
Oil & Natural Gas Corp. is seeking through its overseas unit to buy a stake in Russia’s second-largest oil producing development from OAO Rosneft, according to two people with direct knowledge of the plan.
News
August 07, 2015
CGG GeoSoftware has donated its Hampson-Russell and Jason geophysical software suites, covering all aspects of reservoir characterization, to the Indian Institute of Technology Bhubaneswar (IIT BBS).
News
July 08, 2015
BG India achieved first oil production from Mukta-B (MB), a four-legged wellhead unmanned platform in the offshore Bombay basin, on July 1.
News
July 03, 2015
Videocon Industries Ltd., an Indian maker of consumer electronics with ambitions to become a major energy producer, plans to invest as much as $2.5 billion over three years in Brazilian oilfields, Chairman Venugopal Dhoot said.
News
June 15, 2015
Billionaire Anil Agarwal’s move to merge his two Indian units will create a national natural resources group to compete with BHP Billiton Ltd. and Vale SA.
News
June 12, 2015
Aqualis Offshore, part of Aqualis ASA, has been reappointed by United India Insurance Company to provide marine warranty services to the Oil and Natural Gas Corporation Limited (ONGC) offshore India.
News
June 04, 2015
India’s growing middle class will soon make it the third-biggest oil consumer, reshaping the global energy map as China uses less and the U.S. produces more.
News
April 30, 2015
Billionaire Anil Agarwal-controlled Sesa Sterlite Ltd., which runs India’s largest onshore oilfield, took a $3-billion writedown after crude’s crash eroded the goodwill value of Cairn India Ltd.
News
April 16, 2015
India’s Oil & Natural Gas Corp., grappling with aging fields, is prepared to sacrifice profits by retaining a plan to pump 11 trillion rupees ($176 billion) into a search for reserves despite the slump in crude.
News
April 15, 2015
Swiber Holdings has secured a $133 million contract, the third major award in India in the last three months, for engineering, procurement, installation and construction (EPIC) services in India.
News
April 06, 2015
Niko Resources has received an independent resources evaluation report for the MJ Discovery in the D6 Block in India from Deloitte, an independent petroleum engineering firm. The report quantifies the discovery at 1.4 Tcfe.
News
March 30, 2015
Aqualis Offshore, part of Oslo-listed Aqualis ASA, has completed the marine warranty services for the dry transportation of the Valiant Driller jackup from Indonesia to India, where it will operate for ONGC.
News
March 13, 2015
China and India are set to fill up their strategic petroleum reserves this year, taking advantage of lower oil prices, according to the International Energy Agency.
