India expects foreign investment in the petroleum sector, Oil Minister Dharmendra Pradhan has said.
Category: Oil & Gas
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State marketing cos for flexible deals
PSU refiners, who account for about two-thirds of the country´s oil processing capacity, are seeking more flexibility in import contracts
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Exploring New Directions
With a view to analysing the Kelkar Committee Report on domestic fuel production, we critically consider certain recommendations in Part I of the Committee´s Report.
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India will benefit from the Shale gas
John Westwood, Group Chairman of Douglas-Westwood and Dan Eberhart, CEO of Canary USA, give their insights on the future of oil & gas in the Indian market.
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Oil & Gas Stepping on the Gas
The complete deregulation of diesel prices and the announcement of the new gas pricing formula are bound to give a fillip to the oil & gas sector in the country. Finally, the oil & gas sector has been visited by the ´reforms
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Cabinet nod for India-Mozambique MoU
The Cabinet approved the signing of a memorandum of understanding (MoU) between India and Mozambique for five-year cooperation in the oil and gas sector.
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OVL to pick up stake in Vietnamese block
ONGC Videsh (OVL) signed an agreement to pick up to 50 per cent stake in Petro Vietnam´s (PVEP) two exploration blocks in the South China Sea.
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BPCL to double refining capacity
Bharat Petroleum Corporation (BPCL) aims to double its refining margins once it completes the expansion and upgrade of its Kochi refinery in Kerala
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GSPC Gas to pick up stake in Vadodara Gas
GSPC Gas, a subsidiary of Gujarat State Petroleum Corp (GSPC), is looking to pick up stakes in Vadodara Gas Co (VGCL)
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India to deepen oil ties with Saudi Arabia
India has invited Saudi Arabia to invest in strategic crude oil storages and downstream facilities.