India | Egypt Oil & Gas - Part 13

Iran, Russia Compete over Indian Refinery Supply

India’s Essar Oil Ltd, the country's largest refiner, expects to lower crude purchases from Iran after shipments from OAO Rosneft begin once the Russian state producer completes a deal to buy a 49% stake in the India ...

Saudi Arabia Drops Oil Prices for Asian Markets

Saudi Arabia reduces its Arab Light grade price for September-loading cargo to Asian markets by $1.30 a barrel, as Russia and Iraq gain momentum in the race to dominate oil exports to the Asian continent.

India to Evaluate Gigantic Merger of 13 Oil Companies

India’s government has begun the process of evaluating the prospects of an ambitious plan that aims to merge 13 state oil firms to create a giant corporation that is expected to have a bigger market value than Russia ...

India Resumes Iran’s Crude Oil Imports

Shipping Corporation of India (SCI), announced that it will resume sailing to Iran this month after a four-year gap, transporting an oil cargo for a state-run refiner.

Indian Firm to Open Oil Distillation Plant in UAE

India’s Radiant Group, an expert in oil distillation process, is set to build its new factory at Hamriyah Free Zone, Sharjah, in the UAE, at an investment of $10m.

India Mulls Resuscitating Myanmar-Bangladesh-India Gas Pipeline

As part of India’s ambitious Rs 1,30,000 crore plan to transform the northeastern part of the country into a hydrocarbon hub within the next 15 years, the centre is currently exploring reviving the shelved Myanmar-Ba ...

Spain’s Repsol to Enter Indian Market

Spain’s largest petroleum company, Repsol, has partnered up with GP Petroleum Ltd, a UAE based oil company, to enter the Indian market.

India Authorizes Jaigarh-Goa-Mangalore Gas Pipeline

India's Petroleum and Natural Gas Regulatory Board (PNGRB) has given the authorization rights to H-Energy to lay a major 635 km Jaigarh-Goa-Mangalore natural gas pipeline.

UK’s Hardy Mulls Abandoning Oilfield in India

UK’s upstream international oil and gas company, Hardy Oil and Gas, has threatened to abandon Puducherry’s PY-3 oilfield if the Indian government and field licensee, the Indian Oil and Natural Gas Corporation (ONGC) ...

India Begins Settling Iran’s Oil Dues

Indian refiners have turned to Indian and German banks to speed payment of billions of Iranian oil dues they still owe to Tehran.

Page 13 of 19

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