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Reliance Vaccinates 98 Percent of Staff
Tuesday, July 27, 2021Reliance 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.
Aker Solutions Lands Offshore FEED Deal
Monday, July 05, 2021Aker Solutions has been awarded a front end engineering design (FEED) contract by Crown LNG for the Kakinada LNG regassification project offshore India.
McDermott Nets 2 EPCC Refinery Deals
Tuesday, June 15, 2021McDermott International has received two engineering, procurement, construction, and commissioning contracts from Indian Oil Corporation Limited.
Oil Demand in India Drops
Monday, May 03, 2021India's Covid-19 crisis has pummeled demand for transport fuels to the lowest in several months.
Indian Refiners Cut Reliance on Middle Eastern Crudes
Wednesday, March 24, 2021Refiners in the third-biggest oil importer are snapping up more cargoes from outside the Middle East.
India Deal-making Could Shake Up Asian LNG Markets
Monday, February 15, 2021India is trying to pivot from an economy largely based on coal to more gas, including a major LNG infrastructure build-out.
Pakistan to Build Pipeline with Russia for LNG
Thursday, December 17, 2020Pakistan will start building a pipeline in July with Russia that will allow the South Asian nation to operate more LNG terminals.
ONGC Fire Extinguished
Friday, September 25, 2020A 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.
Investors Eye $6.5B India Refiner Privatization
Friday, July 31, 2020The planned $6.5 billion sale of the Indian government's stake in Bharat Petroleum has lured several global oil majors.
BP Forms India Fuels JV with Reliance
Monday, July 13, 2020BP and Reliance Industries Limited have launched a new India fuels and mobility joint venture.
Pricier US Ethane Squeezes Asia Petchems Makers
Wednesday, July 01, 2020Petrochemicals manufacturers such as Reliance Industries and SP Chemicals face squeezed margins from pricier raw materials as shale supplies plummet.
Recon Wins $2.8MM EPC Heavy Oil Contract
Wednesday, May 06, 2020The project will focus on a heavy oil transportation system project in the Garraf oilfield in Iraq.
$4B India Complex Might Use Wind and Solar Power
Thursday, October 17, 2019This photo shows the designed site for the chemical complex, Mundra Port in Gujarat, India. PHOTO SOURCE: Adani
India Considers Selling Refining Stake to Overseas Oil Firm
Friday, September 13, 2019India 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.
LNG Demand to Spike Five-fold in Parts of Asia
Wednesday, July 17, 2019Demand for LNG from South and Southeast Asia will more than quintuple by 2040, Wood Mackenzie predicted Wednesday.
Cyclones Fail to Deter India Subsea Work
Wednesday, July 03, 2019McDermott used its derrick lay vessel DLV 2000 to perform its first S-lay piggy-back pipelay. PHOTO: PRNewswire
LNG Import Growth Underway in India
Thursday, March 07, 2019The commissioning of India's first east coast regas terminal signals a period of rapid growth.
$44B India Refinery Project At Risk
Tuesday, February 19, 2019The completion of the refinery hinges on the outcome of an upcoming election.
India Refining Capacity to Grow Five-plus Percent Annually
Monday, January 21, 2019Just three of India's refineries will account for more than one-quarter its refining capacity in 2023, states report.
Electric Rickshaws Taking Off in India
Friday, October 26, 2018An electric vehicle revolution is gaining ground in India, and it has nothing to do with cars.
India Said to Nix Iranian Oil Imports
Tuesday, September 25, 2018India 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.
GAIL India's Online Gas Portal To Boost Transparency
Tuesday, August 28, 2018The launch of an online portal by GAIL would ensure transparency and permit companies to understand the infrastructure further, analysts say.
Malaysia's Mahathir Cancels China-backed Rail, Pipeline Projects
Tuesday, August 21, 2018Malaysia'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.
Govt Data: Iran Becomes India's No. 2 Oil Supplier, Ahead Of Saudi
Monday, July 23, 2018Iran was the second-biggest oil supplier to Indian state refiners between April and June, India's oil minister says.
India Refiners Resume Fuel Price Hikes After State Election Ends
Monday, May 14, 2018India 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.
India, Aramco To Partner On $44B Refinery-Petchem Project
Wednesday, April 11, 2018Saudi 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.
India's Oil Imports from Venezuela Hit Lowest in Over 5 Years
Tuesday, March 13, 2018Indian imports of oil from Venezuela have fallen to their lowest levels in over half a decade, shipping and industry data shows.
India's Solar Financing May Have Peaked For Now at $10B in 2017
Tuesday, March 13, 2018India's solar industry more than doubled its fund raising to $10 billion in 2017.
Pirates Free Oil Tanker With 22 Indian Crew In Gulf Of Guinea
Tuesday, February 06, 2018Pirates free a ship carrying 22 Indian crew and 13,500 tonnes of gasoline on Tuesday.
India's Reliance Declares 30pct Higher Refinery Capacity at Export Plant
Wednesday, January 17, 2018he new capacity is the equivalent of 704,000 bpd of crude processing.
India's GAIL Renegotiates LNG Deal With Gazprom
Tuesday, January 16, 2018Gas utility GAIL (India) Ltd renegotiates the terms of a long-term liquefied natural gas (LNG) purchase deal with Russia's Gazprom.
India's Modi Launches $6.8Bln Refinery In Desert State Of Rajasthan
Tuesday, January 16, 2018Indian Prime Minister Narendra Modi launches the construction of a $6.8 billion refinery in the western state of Rajasthan.
India's 2017 Oil Demand Growth Posts Lowest Gain Since 2013
Thursday, January 11, 2018Indian oil consumption in 2017 grew at its slowest in 4 years, according to government statistics.
India Wants GAIL To Focus On Building Gas Pipelines-Minister
Tuesday, January 09, 2018India wants state-run utility GAIL (India) Ltd to focus on laying gas pipelines, following reports about government plans to spin off its marketing operations.
Indian Oil Refiners Issue Tenders Aimed At Boosting Domestic Shipping
Monday, December 04, 2017Two 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.
Refinery Head: India MRPL Makes Its First US Oil Purchase
Friday, December 01, 2017Mangalore Refinery and Petrochemicals Ltd has made its first purchase of US crude oil.
Indian Oil Corp Studies Renewed Venezuelan Crude Purchases
Wednesday, November 22, 2017Indian 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.
Venezuela's PDVSA To Tap Oil Customers To Pay $449MM To ONGC
Wednesday, November 15, 2017PDVSA will use existing crude oil customers or new Indian state buyers as intermediaries to settle $449 million owed to India's ONGC Videsh.
Indian Oil Aims For LNG Import Capacity Of 13.5 Million Tonnes In 5 Years
Friday, October 27, 2017Indian Oil Corp Ltd aims to have capacity to import about 13.5 million tonnes of LNG in five years.
India HMEL May Halt Naphtha Exports From 2021/22
Wednesday, October 25, 2017HMEL may halt naphtha exports from the 2021-22 fiscal year when it starts its $3.1 billion cracker.
Gunvor, Gas Natural Fenosa Submit Lowest Bids In Pakistan LNG Tender
Tuesday, October 24, 2017Gunvor and Gas Natural Fenosa put in the lowest bids in a tender to supply Pakistan with LNG cargoes.
Kuwait's Al Arfaj Group Plans 600,000 Bpd Oil Refinery In India
Tuesday, October 24, 2017Kuwait's Al Arfaj Group plans to build a refinery and a LNG terminal in the Indian coastal state of Andhra Pradesh.
Saudi Aramco Plans 'Mega Investment' in World's Top Oil Guzzler
Monday, October 09, 2017The oil industry is pinning its hopes on India and China, together home to four of every 10 people in the world.
Reliance Outbids Rivals to Buy Its Own Coal-Bed Gas Until 2021
Wednesday, September 27, 2017Reliance 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.
Sri Lanka in Talks with Two Chinese Firms for $3 Bln Refinery
Friday, September 22, 2017Sri Lanka wants to build a new refinery in its southern Hambantota port.
Japan's Mitsui OSK Targets 26% Stake In Swan's Indian LNG Unit
Monday, September 18, 2017Mitsui OSK Lines aims to buy at least a 26% stake in a floating storage regassification unit (FSRU) in India.
Bangladesh Set To Sign 15-Year LNG Import Deal With Qatar
Wednesday, September 13, 2017Bangladesh will sign a 15-year deal with Qatar's RasGas Co to import LNG starting in 2018.
Russell: ExxonMobil's Deal To Cut India LNG Prices Is Actually Quite Good
Tuesday, September 12, 2017ExxonMobil'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.
ExxonMobil Slashes LNG Price To India In Bad Omen For Producers
Monday, September 11, 2017India has won a price cut on a 20-year LNG deal with global giant ExxonMobil in a rare contract renegotiation.
India's Petronet To Form JV With Japan, Sri Lanka Firms For LNG Plant
Wednesday, September 06, 2017Petronet LNG, will soon form a joint venture with Japanese and Sri Lankan companies to build a LNG terminal near Colombo.