India
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 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
February 21, 2018
Essar Oilfields Services India Limited (EOSIL) today announced that it has been awarded a Rs 28-crore contract by Gas Authority of India Limited (GAIL) to drill three firm plus two optional wells in Gujarat’s Cambay basin.
News
February 14, 2018
A blast was reported on ONGC drillship Sagar Bhushan at 9.15 a.m. yesterday, at Cochin Shipyard where it has been dry docking since Dec. 7, 2017.
News
February 12, 2018
Indian companies agreed to pay $600 million for a stake in one of Abu Dhabi’s biggest offshore oil concessions, securing a share in the emirate’s crude production for the first time.
News
February 12, 2018
Oil demand in India rose 10.3% in the first month of 2018, the fourth straight monthly gain.
News
February 07, 2018
Oil & Natural Gas Corp. plans to sell its holding in two state-run energy companies within a year to repay debt it raised to fund the purchase of the Indian government’s stake in Hindustan Petroleum Corp., according to people with knowledge of the matter.
News
February 05, 2018
Oil and Natural Gas Corp. is facing a delay of at least a year in starting production from its biggest project, according to people with knowledge of the matter.
News
January 22, 2018
India’s biggest oil and gas explorer has widened its first debt-raising plan to as much as $5.48 billion to buy state-run refiner Hindustan Petroleum Corp.
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
May 18, 2017
India’s state-owned oil companies aim to sustain spending near a three-year high, encouraged by falling oil-services costs and expanding demand.
News
May 17, 2017
Great Eastern Energy Corp. will drill 144 new wells over the next four to five years at its Raniganj block in the eastern state of West Bengal, according to CEO Prashant Modi. The company, which began looking at the block in 1993, will invest an additional 50 billion rupees in other unconventional assets, including shale.
News
May 12, 2017
India’s oil demand bounced back in April after falling for three consecutive months, recovering from the impact of the country’s move to withdraw high-value notes.
News
April 21, 2017
Oilex Ltd. has announced the award of two key contracts to Schlumberger and Baker Hughes as part of its 2017 work program at the Cambay PSC in India. Schlumberger and Baker Hughes will advise on the optimal well and stimulation design required to achieve potential commercial flowrates.
News
April 12, 2017
Emerson Automation Solutions has donated licenses of its reservoir characterization and engineering software, Roxar RMS and Roxar Tempest, to two prominent Indian universities, the Graphic Era University (GEU) in Dehradun and the Maharashtra Institute of Technology (MIT) in Pune.
News
April 12, 2017
Anil Agarwal has sealed the merger of his mining and energy businesses in India, creating a BHP Billiton Ltd.-like resources conglomerate, even as a recent investment in Anglo American Plc raises questions about how far the billionaire’s ambitions stretch.
News
April 10, 2017
India’s oil consumption fell for a third straight month, with the use of bitumen and naphtha declining and diesel demand growth flat, amid the continuing effects of demonetization.
News
April 04, 2017
The overseas arm of India’s biggest oil and gas explorer intends to spend more than $3 billion on Iran’s Farzad-B natural gas block.
News
March 31, 2017
Shell has opened a new major technology hub in Bangalore, India, expanding the company’s R&D activities in Asia. The 52-acre, custom built technology center can house up to 1,500 experts working collaboratively on innovative projects worldwide.
