South Asia
News
May 29, 2018
President Donald Trump may have ordered the re-imposition of sanctions on Iran, but one of Asia’s biggest oil importers -- and a strategic partner of the U.S. -- plans on ignoring them.
News
May 29, 2018
Oilex Ltd. has advised that it has issued an Event of Default Notice (EoD Notice) to GSPC regarding the Cambay PSC (Cambay) in the amount of equivalent $3,054,832.
News
May 24, 2018
India’s Prime Minister Narendra Modi has an oil problem. And it’s set to worsen with Saudi Arabia rooting for the commodity to push through the $80 barrier.
News
May 21, 2018
A delegation from the Abu Dhabi National Oil Company (ADNOC) attended, a special event at the Karnataka oil storage facility, in the Indian city of Mangalore, to celebrate the unloading of the first cargo of ADNOC crude oil sent to the Indian Strategic Petroleum Reserves Ltd (ISPRL).
News
May 14, 2018
India’s oil consumption surged 4.5% in April as industrial activity gathered pace in Asia’s third-largest economy and sales of trucks and buses soared.
News
May 04, 2018
In 2017, Jumbo was awarded a contract by Geocean for the Moheshkhali Project.
News
May 03, 2018
Santos today announced the sale of its non-core Asian portfolio to Ophir Energy plc (Ophir) for $221 million.
News
May 02, 2018
Saudi Arabia set the price of its benchmark crude in Asia at the highest level since August 2014, after China’s biggest refiner asked for fewer bbl because of high prices.
News
April 27, 2018
The surge in oil prices couldn’t have come at a worse time for India.
News
April 25, 2018
McDermott International, Inc., has successfully concluded the installation and startup on Vashishta and S1 field, an engineering, procurement, construction and installation (EPCI) contract that it received from ONGC in December 2015.
News
April 24, 2018
India is seeking more oil, drones and aircraft from the U.S. to help narrow its $28-billion trade surplus amid rising concerns of possible collateral damage to its economy from President Donald Trump’s trade spat with China.
News
April 20, 2018
BP and Reliance Industries announced the sanctioning of the “Satellite cluster” project in Block KG D6, offshore India.
News
April 11, 2018
India’s oil demand grew 7.2% in March from a year ago as the country emerged from the effects of a cash ban and the roll out of a new national sales tax.
News
April 10, 2018
Cosasco, the leader in corrosion and erosion monitoring and chemical injection and optimization, has been awarded a $380,000 contract with Afcons Infrastructure Limited to deliver corrosion monitoring systems for Oil and Natural Gas Corporation Limited (ONGC).
News
April 03, 2018
Petrofac has received a letter of award from Vedanta Limited for its Raageshwari Deep Gas Field Development Project located in Barmer, Rajasthan, India.
News
April 03, 2018
Sparrows Group has secured a multi-million pound contract with India’s Oil and Natural Gas Corporation (ONGC) for the refurbishment of 21 cranes.
News
April 03, 2018
Harbour Energy CEO Linda Cook said she would seek to expand Santos in Asia and Africa after making a $10.3 billion offer for Australia’s third-largest energy producer.
News
March 20, 2018
India is poised to lift its domestic natural gas price to the highest in at least two years, boosting earnings of producers like Oil and Natural Gas Corp., according to a survey of analysts and industry participants.
News
March 16, 2018
ExxonMobil is working with a group of Pakistan’s large businesses on a proposal to build and supply the country’s third import terminal for liquefied natural gas, according to the nation’s minister for maritime affairs.
News
March 16, 2018
As the upstream sector recovers from the 2014 oil price crash and resulting budget cuts, a number of Southeast Asian governments are adapting policies in the sector in the hope of capturing a share of new investment, according to GlobalData, a leading data and analytics company.
News
March 07, 2018
OPEC should beware as U.S. shale producers are set to steal a bigger slice of the world’s biggest oil market and threaten the cartel’s foothold in Asia, according to a top industry consultant.
