India | Egypt Oil & Gas - Part 17

Russia Invites India to Extract Oil, Gas from Arctic Shelf

Moscow plans to invite companies from India to jointly extract oil and gas from Russia's Arctic shelf deposits, Kremlin aide Yuri Ushakov said Wednesday.

Iran Turns Down Indian Firms Over Developing Farzad B Gas Field

Following years of dawdling over development of Iran's Farzad B gas field by Indian companies, Iran has rejected the latest package proposed by an Indian delegation for the development of the field

India Wants Less LNG from Qatar, Local Demand too Weak

India is in talks with Qatar to import at least 10% less liquefied natural gas (LNG) under a long-term deal after a slide in spot prices has cut demand by local buyers, an Indian government source with knowledge of t ...

Indian’s Sanmar to Invest $350m in Egypt

Indian petrochemical giant Sanmar plans to invest $350m in the expansion of its Egypt plant Trust Chemical Industries (TCI) in Port Said, raising its total investment in the country to $1.45bn.

Loyz Energy Forges Strategic Alliance with SONG’s Human Resources

In a strategic move to manage its concession portfolio, Loyz Energy Limited has entered into two binding memorandum of understanding (MOUs) with Sun Petrochemicals Private Limited (a leading manufacturer of petroleum ...

Frontier Brings Oil, Gas Recruitment Experience to Gurgaon, India

Frontier International, a specialist in international oil and gas resourcing, has opened its first office in India.

India Beefing Up Reserves, Refining Iraqi Crude

India is set to import 8 million barrels of Iraqi oil to fill its first strategic petroleum reserve (SPR), taking advantage of cheap prices and lending some support to a market suffering from oversupply.

Slight Decline Expected in Saudi 2015 LPG Exports

Saudi Arabia’s LPG exports for 2015 are expected to be steady to slightly lower than last year, as rising demand from domestic petrochemical plants is countered by increasing production from oilfield upgrades, a sour ...

Iraq Displaces Iran as India Supplier

India’s Mangalore Refinery and Petrochemicals Ltd (MRPL) has replaced Iran with Iraq in its list of oil suppliers and has purchased its first cargo of Basra Light from Baghdad.

ONGC, ConocoPhillips Sign Pact on Shale Gas, Deepwater Exploration

India's state-run Oil & Natural Gas Corp. Friday signed an initial agreement with ConocoPhillips to screen opportunities for jointly exploring and developing shale-gas reserves in India and North America and deep-wat ...

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