PSU refiners, who account for about two-thirds of the countryĆĀ“s oil processing capacity, are seeking more flexibility in import contracts
Category: Oil & Gas
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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 CommitteeĆĀ“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 ĆĀ“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 VietnamĆĀ“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.
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OIL for more hydrocarbon concessions
Oil India (OIL) is seeking more hydrocarbon concessions across the globe, including Brazil and Mexico. Among its major ventures abroad