India | Egypt Oil & Gas - Part 16

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) f...

India Begins Settling Iran’s Oil Dues

Indian refiners have turned to State Bank of India and Germany-based bank Europaeisch-Iranische Handelsbank AG (EIH) to speed payment of billions of Iranian oil dues they still owe to Tehran, after delays in another m...

Indian Oil Majors, Russia’s Rosneft to Ink $3-3.5b Deals

India’s Petroleum Minister, Dharmendra Pradhan, along with top executives of State-owned Indian Oil Corporation (IOC), Oil India (OIL) and Bharat PetroResources (BPRL), are planning to visit Moscow in the last w...

Indian ONGC Videsh to Trade Crude Jointly with SOCAR

Indian ONGC Videsh (OVL), the overseas arm of the state-run explorer Oil and Natural Gas Corporation (ONGC), signed a Memorandum of Understanding (MoU) with SOCAR Trading, the trading arm of Azerbaijan’s governm...

Sonangol Hires Indian Company to Help in Lobito Refinery

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, MacauHub reported citing the Portuguese news agen...

India to Move to Gas-Based Economy

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, Oil Minister,...

Kuwait Seeking Oil Technical Staff in Egypt, India

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 oil...

Canada’s SkyPower Seeks Partners for India Solar Projects

Canadian solar company SkyPower is looking for partners for its India projects and will start building them in the fall of this year, its CEO told Reuters, adding it was rapidly expanding its team and activities in se...

Iran to Boost Crude Exports to India

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, wrote the E...

India, Iran to Boost Bilateral Energy Ties

Iran and India are preparing to strike new energy deals and boost bilateral ties by settling India’s $6b debt to Tehran, informed Press TV. Mining Weekly wrote that Indian officials here conceded that the $6b de...

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