India | Egypt Oil & Gas - Part 15
Nigeria Exported 42% of Crude to India, Spain, Netherlands
Nigeria sold 42% of its total annual crude oil exports, which amounted to 320m barrels, to India, Spain and, the Netherlands, from June 2015 to May 2016, Nigeria Today reported citing a report issued by the Nigerian N...
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 ...
Saudi Arabia Drops Oil Prices for Asian Markets
Saudi Aramco, the state-controlled oil company, has cut its official selling price (OSP) for its benchmark Arab Light Grade for September-loading cargoes to Asia by $1.30 a barrel to a discount price of $1.10 to the r...
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
Chairman of India’s biggest shipping company, Shipping Corporation of India (SCI), announced that SCI will resume sailing to Iran this month after a four-year gap, transporting an oil cargo for a state-run refin...
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 the Hamriyah Free Zone, Sharjah, in the UAE, at an investment of $10m. The 60,000 metric-ton-capacity oil distillation p... India Mulls Resuscitating Myanmar-Bangladesh-India Gas Pipeline
As part of India’s ambitious plan to transform the northeastern part of the country into a hydrocarbon hub within the next 15 years, the center is currently exploring reviving the shelved Myanmar-Bangladesh-India gas ...
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, reported Economic Times India. The partners have set themselves an objective of a...
