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Reliance Vaccinates 98 Percent of Staff
Reliance Industries Ltd., the conglomerate helmed by Asia's richest man, is among large Indian companies that have given at least one Covid-19 shot to most of their employees.
9:28 AM EST | July 27, 2021
Aker Solutions Lands Offshore FEED Deal
Aker Solutions has been awarded a front end engineering design (FEED) contract by Crown LNG for the Kakinada LNG regassification project offshore India.
7:04 AM EST | July 05, 2021
McDermott Nets 2 EPCC Refinery Deals
McDermott International has received two engineering, procurement, construction, and commissioning contracts from Indian Oil Corporation Limited.
6:44 AM EST | June 15, 2021
Oil Demand in India Drops
India's Covid-19 crisis has pummeled demand for transport fuels to the lowest in several months.
4:37 AM EST | May 03, 2021
Indian Refiners Cut Reliance on Middle Eastern Crudes
Refiners in the third-biggest oil importer are snapping up more cargoes from outside the Middle East.
12:53 PM EST | March 24, 2021
India Deal-making Could Shake Up Asian LNG Markets
India is trying to pivot from an economy largely based on coal to more gas, including a major LNG infrastructure build-out.
4:28 AM EST | February 15, 2021
Pakistan to Build Pipeline with Russia for LNG
Pakistan will start building a pipeline in July with Russia that will allow the South Asian nation to operate more LNG terminals.
2:10 PM EST | December 17, 2020
ONGC Fire Extinguished
A fire which broke out in Oil and Natural Gas Corporation Limited's (NSE: ONGC) Hazira Gas Processing Plant near Surat, India, has now been extinguished.
7:49 AM EST | September 25, 2020
Investors Eye $6.5B India Refiner Privatization
The planned $6.5 billion sale of the Indian government's stake in Bharat Petroleum has lured several global oil majors.
10:58 AM EST | July 31, 2020
BP Forms India Fuels JV with Reliance
BP and Reliance Industries Limited have launched a new India fuels and mobility joint venture.
8:17 AM EST | July 13, 2020
Pricier US Ethane Squeezes Asia Petchems Makers
Petrochemicals manufacturers such as Reliance Industries and SP Chemicals face squeezed margins from pricier raw materials as shale supplies plummet.
11:01 AM EST | July 01, 2020
Recon Wins $2.8MM EPC Heavy Oil Contract
The project will focus on a heavy oil transportation system project in the Garraf oilfield in Iraq.
7:28 AM EST | May 06, 2020
$4B India Complex Might Use Wind and Solar Power
This photo shows the designed site for the chemical complex, Mundra Port in Gujarat, India. PHOTO SOURCE: Adani
3:38 PM EST | October 17, 2019
India Considers Selling Refining Stake to Overseas Oil Firm
India is considering a plan to sell the nation's second-largest state refiner and fuel retailer to a global oil company as it explores options to give up its controlling stake in Bharat Petroleum Corp.
9:18 AM EST | September 13, 2019
LNG Demand to Spike Five-fold in Parts of Asia
Demand for LNG from South and Southeast Asia will more than quintuple by 2040, Wood Mackenzie predicted Wednesday.
11:02 AM EST | July 17, 2019
Cyclones Fail to Deter India Subsea Work
McDermott used its derrick lay vessel DLV 2000 to perform its first S-lay piggy-back pipelay. PHOTO: PRNewswire
11:05 AM EST | July 03, 2019
LNG Import Growth Underway in India
The commissioning of India's first east coast regas terminal signals a period of rapid growth.
12:18 PM EST | March 07, 2019
$44B India Refinery Project At Risk
The completion of the refinery hinges on the outcome of an upcoming election.
8:57 AM EST | February 19, 2019
India Refining Capacity to Grow Five-plus Percent Annually
Just three of India's refineries will account for more than one-quarter its refining capacity in 2023, states report.
10:43 AM EST | January 21, 2019
Electric Rickshaws Taking Off in India
An electric vehicle revolution is gaining ground in India, and it has nothing to do with cars.
1:41 PM EST | October 26, 2018
India Said to Nix Iranian Oil Imports
India is not planning to buy any crude oil from Iran in November, raising the prospect that Tehran will lose another major customer as U.S. sanctions hit.
7:29 PM EST | September 25, 2018
GAIL India's Online Gas Portal To Boost Transparency
The launch of an online portal by GAIL would ensure transparency and permit companies to understand the infrastructure further, analysts say.
12:44 PM EST | August 28, 2018
Malaysia's Mahathir Cancels China-backed Rail, Pipeline Projects
Malaysia's prime minister reportedly said on Tuesday that the Chinese-funded $20 billion East Coast Rail Link (ECRL) project and a natural gas pipeline project in Sabah will be cancelled for now.
2:54 PM EST | August 21, 2018
Govt Data: Iran Becomes India's No. 2 Oil Supplier, Ahead Of Saudi
Iran was the second-biggest oil supplier to Indian state refiners between April and June, India's oil minister says.
4:59 PM EST | July 23, 2018
India Refiners Resume Fuel Price Hikes After State Election Ends
India state-run refiners resumed raising retail gasoline and diesel prices after a three-week hiatus that coincided with the run up to elections in a southern state.
5:38 PM EST | May 14, 2018
India, Aramco To Partner On $44B Refinery-Petchem Project
Saudi Aramco signs an initial deal with a consortium of Indian refiners to build a $44 billion refinery and petrochemical project on India's west coast.
7:45 AM EST | April 11, 2018
India's Solar Financing May Have Peaked For Now at $10B in 2017
India's solar industry more than doubled its fund raising to $10 billion in 2017.
11:35 AM EST | March 13, 2018
India's Oil Imports from Venezuela Hit Lowest in Over 5 Years
Indian imports of oil from Venezuela have fallen to their lowest levels in over half a decade, shipping and industry data shows.
10:24 AM EST | March 13, 2018
Pirates Free Oil Tanker With 22 Indian Crew In Gulf Of Guinea
Pirates free a ship carrying 22 Indian crew and 13,500 tonnes of gasoline on Tuesday.
6:35 AM EST | February 06, 2018
India's Reliance Declares 30pct Higher Refinery Capacity at Export Plant
he new capacity is the equivalent of 704,000 bpd of crude processing.
5:13 PM EST | January 17, 2018
India's Modi Launches $6.8Bln Refinery In Desert State Of Rajasthan
Indian Prime Minister Narendra Modi launches the construction of a $6.8 billion refinery in the western state of Rajasthan.
7:12 AM EST | January 16, 2018
India's GAIL Renegotiates LNG Deal With Gazprom
Gas utility GAIL (India) Ltd renegotiates the terms of a long-term liquefied natural gas (LNG) purchase deal with Russia's Gazprom.
7:08 AM EST | January 16, 2018
India's 2017 Oil Demand Growth Posts Lowest Gain Since 2013
Indian oil consumption in 2017 grew at its slowest in 4 years, according to government statistics.
6:33 AM EST | January 11, 2018
India Wants GAIL To Focus On Building Gas Pipelines-Minister
India wants state-run utility GAIL (India) Ltd to focus on laying gas pipelines, following reports about government plans to spin off its marketing operations.
8:24 AM EST | January 09, 2018
Indian Oil Refiners Issue Tenders Aimed At Boosting Domestic Shipping
Two of India's state-owned oil refiners have issued tenders seeking to charter tankers for at least 5 years while giving preference to Indian companies, tender documents reviewed by Reuters showed.
6:50 AM EST | December 04, 2017
Refinery Head: India MRPL Makes Its First US Oil Purchase
Mangalore Refinery and Petrochemicals Ltd has made its first purchase of US crude oil.
3:48 PM EST | December 01, 2017
Indian Oil Corp Studies Renewed Venezuelan Crude Purchases
Indian Oil Corp is considering buying Venezuelan crude for the first time in at least 6 years, in a move that could help the crisis-struck South American nation settle unpaid bills.
6:32 AM EST | November 22, 2017
Venezuela's PDVSA To Tap Oil Customers To Pay $449MM To ONGC
PDVSA will use existing crude oil customers or new Indian state buyers as intermediaries to settle $449 million owed to India's ONGC Videsh.
5:44 PM EST | November 15, 2017
Indian Oil Aims For LNG Import Capacity Of 13.5 Million Tonnes In 5 Years
Indian Oil Corp Ltd aims to have capacity to import about 13.5 million tonnes of LNG in five years.
4:53 PM EST | October 27, 2017
India HMEL May Halt Naphtha Exports From 2021/22
HMEL may halt naphtha exports from the 2021-22 fiscal year when it starts its $3.1 billion cracker.
4:42 PM EST | October 25, 2017
Kuwait's Al Arfaj Group Plans 600,000 Bpd Oil Refinery In India
Kuwait's Al Arfaj Group plans to build a refinery and a LNG terminal in the Indian coastal state of Andhra Pradesh.
5:01 PM EST | October 24, 2017
Gunvor, Gas Natural Fenosa Submit Lowest Bids In Pakistan LNG Tender
Gunvor and Gas Natural Fenosa put in the lowest bids in a tender to supply Pakistan with LNG cargoes.
4:52 PM EST | October 24, 2017
Saudi Aramco Plans 'Mega Investment' in World's Top Oil Guzzler
The oil industry is pinning its hopes on India and China, together home to four of every 10 people in the world.
9:53 AM EST | October 09, 2017
Reliance Outbids Rivals to Buy Its Own Coal-Bed Gas Until 2021
Reliance outbid rivals to buy the entire volume of coal-bed methane produced from its own blocks, a move that may help it boost margins and replace more expensive imported fuel at its petrochemicals plants.
2:30 PM EST | September 27, 2017
Sri Lanka in Talks with Two Chinese Firms for $3 Bln Refinery
Sri Lanka wants to build a new refinery in its southern Hambantota port.
2:35 PM EST | September 22, 2017
Japan's Mitsui OSK Targets 26% Stake In Swan's Indian LNG Unit
Mitsui OSK Lines aims to buy at least a 26% stake in a floating storage regassification unit (FSRU) in India.
4:19 PM EST | September 18, 2017
Bangladesh Set To Sign 15-Year LNG Import Deal With Qatar
Bangladesh will sign a 15-year deal with Qatar's RasGas Co to import LNG starting in 2018.
5:50 PM EST | September 13, 2017
ExxonMobil Slashes LNG Price To India In Bad Omen For Producers
India has won a price cut on a 20-year LNG deal with global giant ExxonMobil in a rare contract renegotiation.
3:21 PM EST | September 12, 2017
Russell: ExxonMobil's Deal To Cut India LNG Prices Is Actually Quite Good
ExxonMobil's deal to cut the price of LNG supplied under long-term contract to an Indian buyer has largely been viewed as a bad outcome for producers of the super-chilled fuel.
3:12 PM EST | September 12, 2017
India's Petronet To Form JV With Japan, Sri Lanka Firms For LNG Plant
Petronet LNG, will soon form a joint venture with Japanese and Sri Lankan companies to build a LNG terminal near Colombo.
4:55 PM EST | September 06, 2017