India | Egypt Oil & Gas - Part 14

India to Spend all $4.5b Budgeted for Petroleum Subsidies despite Oil Plunge

India is likely to spend all of its $4.5b originally earmarked for petroleum subsidies for the year through March, despite having budgeted for $70 a barrel rude that now costs around $30.

India Wins Discount on Qatari LNG Purchase

India's biggest gas importer, Petronet LNG has successfully renegotiated a deal to buy liquefied natural gas (LNG) from Qatar's Rasgas at a reduced price allowing the company to save about $605m a year in total.

India, Westinghouse to Sign Deal for 6 New Nuclear Power Plants

Delhi is expected to sign a deal with the US-based Westinghouse Electric Company LLC to build six nuclear reactors in India in the first half of 2016 to get country's $150b worth of nuclear power plans off the ground ...

India’s Oil Imports on the Rise

India has shipped in 7.2% more oil in November, compared with a year ago, with Saudi Arabia as the top seller, and Iran's imports seeing the lowest level.

Egypt, India in Talks over Industry Trade

Minister of Petroleum and Mineral Resources, Tarek El-Molla met with Ambassador of India, Sanjay Bhattacharyya to explore ways to strengthen bilateral relations between the two countries in oil, gas and petrochemical ...

India to Deregulate Locally Produced Gas Prices

India will deregulate gas prices for locally extracted natural gas and allow producers marketing autonomy during auctions for new exploration blocks, Bloomberg reports. A notice on the Indian Oil Ministry’s website d ...

Aramco Targeting Asia Market Expansion with Singapore Office

Aramco Trading Company, a subsidiary of oil giant Saudi Aramco, has started a Singapore office to market oil products.

Asian Refineries Expect Robust Margins, High Gasoline Demand

Industry analysts and executives are expecting robust margins for Asian refineries next year, buoyed by high demand for gasoline in China and India.

Angola Exploring Oil Investments from India

Angola's vice president Manuel Domingos Vicente has returned from a recent visit to New Delhi, where he took part in bilateral talks with the Indian minister of Oil and Natural Gas, Dharmendra Pradhan.

Oman Oil and BPCL Selling Stake in Joint Venture

Foreign companies are in talks to buy a stake of up to 24 percent in the Bina refinery in India's Madhya Pradesh state which is jointly owned by Bharat Petroleum Corp (BPCL) and the Oman Oil Company

Page 14 of 18

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