India | Egypt Oil & Gas - Part 12
India Boosting Refinery Investment with Iran
An Indian Oil Corp unit plans to invest $5.5b to gradually raise the capacity of its smallest refinery co-owned by Iran to 300,000b/d.
India, Iran to Finalize Gas Deal
A consortium headed by ONGC Videsh Ltd (OVL) and Iran aim to strike a deal by March to develop the Iranian Farzad B gas field in the Farsi offshore block.
India to Invest $15b in Nigeria’s Oil, Gas
The Nigerian Minister of State for Petroleum Resources, Ibe Kachikwu, has negotiated a $15b investment with the Indian government for the oil and gas sector.
Nigeria’s Oil Output to Grow by 22%
Nigeria expects its oil production rate to grow by 22% by the end of 2016 to reach 2.2mb/d from current levels.
India Imported 4% Less Oil from Iran
India imported about 552,200b/d of oil from Iran during September, a 4% drop from August volumes, when the country's Iranian imports reached a 15-year high.
India Withdrew from Iran, Pakistan Gas Talks
India has rejected talking with Iran on gas import through Pakistan, in lieu of transferring Iran’s gas through subsea lines, despite the higher costs.
Iran to Export 6m Barrels of Crude to India
India is turning to Iran for 6m barrels of crude oil as it seeks to build up its strategic reserves, after talks with United Arab Emirates (UAE) stalled.
West Africa to Ship 60 Oil Cargos to Asia in September
The amount of West African crude oil heading east in September is expected to reach a five-month high, driven in part by trading houses. At least 60 cargoes, carrying the equivalent of 1.9mb/d are expected to make th ...
