India | Egypt Oil & Gas - Part 18

Ras Gharib’s First Crude Cargo Purchased by India’s MRPL

Mangalore Refinery and Petrochemicals has made its first purchase of Egypt's Ras Gharib crude, two sources with knowledge of the tender award said.

India to Beef Up Strategic Reserves with Iraq Crude

State refiners Indian Oil Corp and Hindustan Petroleum Corp are holding talks with Iraq's national oil company to buy 4 million barrels of Basra light crude oil for India's strategic petroleum reserves (SPRs),

China-India Move into Renewables Cooperation

China and India signed 26 business deals worth more than $22 billion in areas including renewable energy, ports, financing and industrial parks, an Indian embassy official said on Saturday.

ONGC’s Non-commitment Angers Iran

Anticipating easing of Western sanctions against it, Iran is acting tough over giving India's state- owned ONGC the rights to develop the Farzad-B gas field in the Persian Gulf.

Iran to Build Refineries Abroad from Brazil to India

Iran and Brazil have signed a memorandum of understanding (MoU) to build a new oil refinery in Latin America, an Iranian deputy minister of petroleum says.

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 ...

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