Oil India

  • Iran to Receive $11b Investments from India

    Iran to Receive $11b Investments from India

    Wednesday, 5th July 2017
    India’s Oil and Natural Gas Corporation ONGC Videsh is aiming to invest $6b in the giant Iranian natural gas field, Farzad-B, and spend more $5b to build a liquefied natural gas export facility.
  • Indian Oil Majors, Russia’s Rosneft to Ink $3-3.5b Deals

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

    Monday, 6th June 2016
    State-owned Indian Oil Corporation (IOC), Oil India (OIL) and Bharat PetroResources (BPRL) are set to sign ‘final acquisition agreements’ with Russia’s Rosneft later this month for stakes worth $3-3.5b in two separate oil and gas fields in Siberia.