Regional News: South Asia

 
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India's Mahindra to Build Long-range Electric Vehicles
Wednesday, May 24, 2017 Indian automaker Mahindra & Mahindra seeks to boost green car sales, senior company executives said on Wednesday.

Malaysia's Sarawak State Govt Seeks 10 Pct Stake in LNG Train
Monday, May 22, 2017 Malaysia's Sarawak state government said it is negotiating with Petronas to acquire a 10 percent equity stake in an LNG production facility.

India Moving Beyond Oil As Seeks Alternatives to OPEC
Monday, May 22, 2017 India's petroleum and natural gas minister made the comments in Vienna ahead of OPEC's meeting this Thursday.

Puma Energy Asia Sun Aims to Distribute Petroleum in Myanmar
Tuesday, May 16, 2017 Myanmar's fuel demand is rapidly rising and the country is fast becoming a key importer in the Southeast Asia region.

Coal to Be India's Energy Mainstay for Next 30 Years: Policy Paper
Tuesday, May 16, 2017 India aims to generate 175 gigawatts of electricity through renewables by 2022 and boost natural gas to 15 percent of its energy needs, from 6.5 percent currently.

  


Malaysia's Petronas Chemicals Posts Higher Profit
Monday, May 15, 2017 "Petrochemical product prices have risen in tandem and demand has also shown some improvement," CEO Sazali Hamzah said in a statement.

India BPCL Revises Naphtha Export Pricing, Adds Argus Quotes
Friday, May 12, 2017 India's state-run Bharat Petroleum Corp Ltd is revising the formula it uses to price naphtha exports.

Total, Inpex Propose Taking 39% Stake In Indonesia's Mahakam Block
Friday, May 12, 2017 Total E&P Indonesie, a unit of French major Total, and Japan's Inpex Corp propose taking a 39% stake in the new production sharing contract (PSC) for the Mahakam block.

Kemp: India's Gasoline Boom Stalls
Friday, May 12, 2017 India's gasoline consumption has flattened out in recent months after tremendous growth between 2014 and 2016.

India's Top Refiner in Early Talks with Aramco for Downstream Project
Monday, May 08, 2017 India, the world's third biggest oil consumer, plans to build a 1.2 million bpd refinery to petrochemical project in the country's west coast to feed its growing fuel demand.

Petronas and Saudi Aramco Explore Petrochemicals Expansion in Malaysia
Monday, May 08, 2017 Malaysian state-owned oil company Petronas and its partner Saudi Aramco are studying projects to build more petrochemical plants to make full use of raw materials from their joint venture in Malaysia.

Malaysia's Petronas Targets New Markets for LNG
Monday, May 08, 2017 Malaysian oil company Petronas is looking to tap new markets to sell LNG, including as fuel for ships, the head of its upstream operations told Reuters on Monday.

Oil Purchases by Top Indian Refiner Show Where Market Glut Bites
Monday, May 08, 2017 The global oil market glut is helping India's biggest crude processor become nimble.

Reliance Becomes First Customer for Its Own Coal-Bed Methane
Thursday, May 04, 2017 Reliance will use the entire initial daily volume of 400,000 cubic meters of gas from coal seams at the Sohagpur block in Madhya Pradesh state at three of its petrochemical plants.

Eni Wins 15-year Contract for LNG Supply in Pakistan
Tuesday, May 02, 2017 Italian oil company ENI said on Tuesday it had clinched a 15-year, 11 million-tonne LNG deal to supply state-run importer Pakistan LNG, ending months of wrangling over the cost of the supplies.