India
News
January 16, 2018
India has increased the size of its oil and natural gas resources by 50% because of better data, according to the country’s oil regulator.
News
January 15, 2018
Following an extensive search operation, jointly conducted by ONGC, Coast Guard and Indian Navy, six bodies including one of the two Pilots of ill-fated Pawan Hans Chopper have so far been recovered. The search is on for one more person who is still missing.
News
January 09, 2018
Kreuz Subsea, a leading global integrated subsea services business, has announced it has been awarded its most financially significant contract in the company’s history.
News
December 26, 2017
India’s biggest oil explorer plans to snatch up producing assets to reach its goal of raising overseas output by more than half in about three years, a faster route than drilling for new reserves.
News
December 04, 2017
Hindustan Oil Exploration Co. is rising from the ashes about a year after Italy’s Eni SpA sold its controlling stake.
News
November 27, 2017
GAIL India Ltd. received notification from Russia’s Gazprom PJSC that it plans to start deliveries of liquefied natural gas through a contract the Indian buyer is trying to renegotiate, according to people with knowledge of the matter.
News
November 13, 2017
After long undershooting its predictions, data on Monday showed consumer prices rose the most in seven months. The pace may only accelerate due to rebounding global oil prices.
News
November 10, 2017
Narendra Modi’s first term as leader of the world’s fastest-growing oil market coincided with the biggest price crash in a generation. Crude’s rebound into a bull market is set to test the Indian Prime Minister as he gears up for re-election in 2019.
News
October 27, 2017
India’s consumption of oil products will accelerate in 2018 after unusually slow growth in 2017, according to ESAI Energy’s newly published Asia Watch Products.
News
October 13, 2017
India needs overseas help to raise production from its aging oil fields and meet its goal of lowering crude imports by 2022, according to consultant Wood Mackenzie Ltd.
News
October 09, 2017
Saudi Arabia’s state-owned oil giant has “mega investment” plans for the world’s fastest growing oil market, according to Saudi Arabian Oil Co.’s CEO.
News
October 05, 2017
OneSubsea, a Schlumberger company, was award a contract by Reliance Industries for supply of the subsea production system for the R Cluster project, offshore India.
News
September 14, 2017
India will offer larger areas with higher oil and natural gas reserves in the next auction of discovered fields later this year as Prime Minister Narendra Modi’s government seeks to curtail rising crude oil imports.
News
September 12, 2017
India’s oil consumption in August shrank 6.1%, the most since April 2003, as floods ravaged several parts of the country curbing demand for diesel and gasoline.
News
September 11, 2017
Petronet LNG Ltd. has reached an agreement to rework a liquefied natural gas supply agreement with ExxonMobil Corp., the second such renegotiation by the Indian company for gas supplies after reaching a similar deal with Qatar.
News
September 08, 2017
Billionaire Mukesh Ambani’s Reliance Industries Ltd. and its partner BP Plc are reviving investment plans for a gas block close to a military missile launching facility in the Bay of Bengal.
News
August 24, 2017
Oilex Ltd. is pleased to announce that the C-23z core analysis has been completed. The analysis, by Schlumberger and Baker Hughes has confirmed that the EP-IV tight siltstones at Cambay can be effectively stimulated, and that commercial gas flowrates are potentially achievable.
News
July 19, 2017
India approved the sale of a $4.6 billion stake in state-run refiner Hindustan Petroleum Corp. to the country’s biggest oil and gas explorer, according to a person with knowledge of the decision.
News
July 14, 2017
Xodus Group has won a contract with Cairn Oil and Gas of Vedanta Ltd. to conduct exploration and appraisal work on its Rajasthan block in northwest India over the next two years.
News
July 12, 2017
India wants $300 billion in investments over the next 10 years to satisfy accelerating demand in the world’s fastest-growing oil market.
News
July 03, 2017
An Indian consortium is willing to spend as much as $11 billion to develop a giant Iranian natural gas field and build the infrastructure to export the fuel as long as the Persian Gulf nation guarantees a “reasonable return” on the project, according to the company leading the group.
