IEF16: India, China Look To Protect Interests As Oil Consumers
The two nations plan to draw up a joint strategy for sourcing crude oil from the international market.
April 16, 2018
India Approves Reliance Industries, BP’s Plans For KG-D6 Block
The companies plan to invest about US$4 billion to develop natural gas discoveries in the Bay of Bengal’s KG-D6 Block.
March 28, 2018
India’s State Oil Companies Plan To Spend $13.82 Billion In FY 2018-19
Half of the spending will go toward E&P activities as the country aims to increase domestic oil and gas production.
February 13, 2018
India Intends To Open Shale Reserves To Private Companies
The Indian federal government intends to change the definition of petroleum in guidelines to include this resource.
December 21, 2017
India’s Reforms Aim To Attract Oil, Gas Investment
The country seeks to attract US$40 billion investment in its E&P sector over next five years.
November 9, 2017
India’s ONGC Faces Ultra-deepwater Technology Challenges
The state-owned explorer faces challenges to produce gas from its UD-1 discovery in the Bay of Bengal.
October 24, 2017
India Plans Natural Gas Trading Exchange
Gas trading exchange, like Henry Hub, was announced at recent India Energy Forum.
October 23, 2017
ONGC Eyes Gas Production Increase
The state-run company has increased its gas production by 10% in the last three years, but that is expected to rise.
October 5, 2017
ONGC Videsh Mulls $150 Million Exploration Investment In FY 2018
The investment plans include drilling more wells in Colombia, where the company recently made a commercial discovery, and exploration activities in Kazakhstan and Bangladesh.
August 16, 2017
India To Review Performance Of State-Owned Oil Producers
The move has been widely seen as a step to enhance domestic production and to reduce dependence on imports of petroleum products.
June 8, 2017