State-owned Indian Oil Corporation (IOC), Oil India (OIL) and Bharat PetroResources (BPRL) are set to sign ‘final acquisition agreements’ with Russia’s Rosneft later this month for stakes worth $3-3.5b in two separat ...
Indian OVL signed a Memorandum of Understanding (MoU) with SOCAR Trading, the trading arm of Azerbaijan's government-owned energy firm SOCAR, for foraying into oil trading business.
Angolan state-owned oil company Sonangol has selected the company Engineers India Limited (EIL) to provide services related to the construction of the Lobito refinery.
India plans to shift to a gas-based economy by boosting domestic production and buying cheap liquefied natural gas (LNG), as the world’s third-biggest oil importer seeks to curb its greenhouse emissions.
Kuwait National Petroleum Company (KNPC) has appealed to Egypt and India with a request to provide technical staff to work on oil facilities in the country during the recently announced general strike of the local oi ...
Canadian solar company SkyPower is looking for partners for its India projects and will start building them in the fall of this year, its chief executive told Reuters, adding it was rapidly expanding its team and act ...
Tehran is hoping to increase its crude oil exports to India from the current 350,000b/d, Iranian Oil Minister, Bijan Zanganeh, was quoted as saying after meeting his Indian counterpart, Dharmendra Pradhan.
India's Oil and Natural Gas Corporation (ONGC) will invest around $5b to develop a major gas asset in the eastern Krishna Godavari (KG) basin, with a higher resulting level of output so that it will become the compan ...
Iran is sending its Central Bank Vice Governor, Gholamali Kamyab, to India this month in order to re-claim nearly $6b in past oil dues from Indian refiners such as Essar Oil, Mangalore Refinery and Petrochemicals Ltd ...