China opposes action against Iran after attacks on Saudi oil fields
Iran has denied involvement in the air attacks, which were claimed by Iran-aligned Houthi rebels in Yemen.
Halliburton to pay $275,000 to Indian, Syrian-origin employees for discrimination
The Houston-based company is one of the world's largest providers of products and services to the energy industry with over 55,000 employees
Narendra Modi-Vladimir Putin's push for eco-energy-ICT partnership; joint development of oil fields
The two sides expressed satisfaction with...
India condemns drone attacks on two big oil sites in Saudi Arabia
Yemen's Houthi rebels launched drone attacks on the world's largest oil processing facility in Saudi Arabia and a major oil field on Saturday
Rupee tumbles 55 paise to 71.48 on spike in crude prices
Market participants were concerned as the drone attack on Saudi Arabia's oil facilities has stroked fiscal slippage concerns.
ED attaches Sandesara group’s oil rigs, oil field, ships in Nigeria
Last year, the ED had attached over Rs 4,700 crore of assets belonging to group company Sterling Biotech Ltd and its subsidiaries. Its promoters Chetan Sandesara and Nitin Sandesara are suspected to be in Nigeria.
Less-known private companies win 13 licenses to develop small oil fields
ONGC won five in the auction that offered 25 contracts areas comprising 59 discovered small oil and gas fields.
Natural gas production to rise by a third if output locked in ONGC, OIL fields opens up
India currently produces about 90 million standard cubic meters per day (mmscmd) of natural gas and has ambitious plans to double output by 2022.
Reliance to shut MA oil field in KG-D6 block in September
Reliance has till date made 19 oil and gas discoveries in the Krishna Godavari basin.Of these, D26 or MA -- the only oil discovery in the block -- was the first field to began production in September 2008.
ONGC’s $1.7 billion deep sea award perks up oilfield services market
ONGC expects to start producing gas by December 2019 and oil by March 2021. Total peak gas production rate is projected at 16 million cubic meters per day and peak oil output is pegged at 80,000 barrels a day.
Government defers oil, gas field auction by a month
DSF-II was supposed to be launched around mid-June, but it wont happen before July, a senior government official said. He, however, did not give a reason for delaying the bid round.
Reliance Industries permanently shuts down MA oil field in KG-D6 block
RIL said the Dhirubhai-26 (D26) oil, gas and condensate deep-water discovery was made in 2006. The discovery was developed and put on production in September 2008.
Pema Khandu discuss with major oil companies to mobilize additional revenue resources from oil fields
The Chief Minister welcomed the oil companies as part of Team Arunachal to transform Arunachal as investment destination in mining sector.
India, Russia may seal oil field deal in Oct’s annual summit
India and Russia are expected to conclude a deal during their October 5 annual summit here to increase Delhi’s investments in Russian oil fields.
Centre seeks to restrain Reliance Industries stake sale to Saudi Aramco
Centre has sought the court’s direction to RIL and BG to secure $4.5 billion towards an arbitration award.
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