South Asia
News
September 22, 2019
Petronet will spend $2.5 billion for an 18% equity stake in Tellurian's $28 billion Driftwood LNG terminal -- the largest outside holding so far in the project -- and negotiate the purchase of 5 MM tons of gas per annum.
News
September 20, 2019
Pakistan has given provisional permission to five developers, including partnerships with Exxon Mobil and Royal Dutch Shell, to set up LNG import terminals.
News
September 17, 2019
Indian Prime Minister Narendra Modi’s imminent visit to the U.S. energy capital is fueling speculation the second most-populous nation will further tap America’s shale gas bonanza.
News
September 06, 2019
An Indian state-owned refiner is mulling the purchase of American oil from Chinese sellers offering cargoes that would be hit by new tariffs on U.S. supplies.
News
August 27, 2019
A plunge in fuel oil margins driven by impending environmental rules for shipping is beginning to take its toll on heavier grades of crude.
News
August 19, 2019
The rivalry between U.S. and Middle Eastern oil producers has jumped up a notch as American crude makes its way right to the heart of Asia, the world’s most-prized energy market.
News
August 15, 2019
Saudi Aramco’s proposed purchase of part of India’s Reliance Industries Ltd. will allow it to regain its grip on the world’s fastest-growing oil market where suppliers including the U.S. and Russia are making inroads.
News
August 09, 2019
Pakistan’s anti-graft agency arrested its former finance minister and the former chief executive of Pakistan State Oil Ltd. as part of the Prime Minister's crackdown on political leaders allegedly involved in corruption.
News
August 05, 2019
Saudi Arabia, the world’s biggest oil exporter, lowered pricing for September sales of all crudes to Asia while raising prices to buyers in northwest Europe and the Mediterranean region.
News
July 31, 2019
Natural gas in Asia is dropping toward the lowest price in a decade, causing pain for the majors suffering from the fuel’s weakness.
News
July 29, 2019
U.S. exports of LNG have been growing steadily and reached a new peak of 4.7 Bcfd in May 2019, according to the latest data published by the U.S. Department of Energy’s Office of Fossil Energy.
News
July 25, 2019
McDermott International has been awarded a technology contract by Indian Oil Corporation Limited (IOCL) for the technology license, basic engineering, proprietary equipment, training and technical services for a grassroots Fluid Catalytic Cracking (FCC) unit in Panipat, Haryana, India.
News
July 02, 2019
McDermott International, Inc., has announced it has completed the first of two offshore campaigns for Reliance Industries Ltd. KG-D6 R-Cluster subsea field development, in the Krishna Godavari basin, located off the East Coast of India.
News
July 01, 2019
TechnipFMC has been awarded significant subsea contracts by Reliance Industries Limited for the MJ1 field located in deep water offshore India in the Krishna Godavari basin.
News
June 17, 2019
India’s Oil and Natural Gas Corporation Limited (ONGC) has moved a record high 35 offshore drilling rigs to new locations ahead of the Indian monsoon season.
News
June 07, 2019
After another record year, global demand for natural gas is set to keep growing over the next five years, driven by strong consumption in fast-growing Asian economies and supported by the continued development of the international gas trade.
News
June 03, 2019
Expro, has been awarded a multi-million-dollar contract for Hindustan Oil Exploration Company Ltd. (HOEC) in Mumbai, India.
News
May 28, 2019
Sercel has announced the successful delivery of five of its state-of-the-art 508XT seismic acquisition systems to India’s national oil company, ONGC.
News
May 27, 2019
One of the biggest challenges facing Indian Prime Minister Narendra Modi as he begins his second term is ensuring clean air in a country that’s home to some of the most polluted cities in the world.
News
May 02, 2019
Asian refiners are asking Saudi Arabia for more crude as buyers in the world’s top oil-consuming region face supply disruptions from Iran to Venezuela.
News
April 18, 2019
Significant oil recovery has been obtained by a pilot in ONGC Becharji heavy oil field in North Gujarat, which was first put on production in July 1988.
