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Oil and Gas

Fiscal Year:

Essar Projects, Saipem JV bags US$ 1.57 bn contract in Kuwait

Mumbai: Essar Projects, the engineering, procurement & construction (EPC) arm of Essar Group, in a joint venture with Italy’s Saipem has won a US$ 1.57 billion contract f...

October 27, 2015

Why Iran nuclear deal may lead to windfall gains for India

New Delhi: The recent pact between Iran and the US, European Union (EU) and other western countries will have significant impact on the energy and economic ties between Indian and ...

August 03, 2015

Shell to open largest offshore delivery centre globally in Bengaluru

Bengaluru: Shell is in the process of establishing its largest captive unit or offshore delivery centre in Bengaluru called ‘The Shell IT Centre Bengaluru’, which is ...

June 05, 2015

Exxon to set up $500m centre in Bengaluru

Bengaluru: Exxon Mobil plans to make a massive US$ 400-500 million investment in Bengaluru to establish a technical and business support services centre.

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May 28, 2015

Make in India: L&T, Hyundai Industries ink LNG carriers agreement

Mumbai: Larsen & Toubro (L&T) has signed a technology transfer agreement with South Korea's Hyundai Heavy Industries to build carriers for liquefied natural gas (LNG)...

May 12, 2015

Govt eases norms for oil, gas fields development

New Delhi: The Government of India has approved a policy for determining commercial viability of oil and gas finds, giving explorers flexibility on ...

April 30, 2015

Numaligarh refinery inks MOU with Bangladesh Petroleum Corporation for exporting petroleum products

Guwahati: Bharat Petroleum Corporation Ltd's Assam based refinery, Numaligarh Refinery Ltd (NRL) has inked memorandum of understanding (MoU) with Bangladesh Petroleum Corporation ...

April 23, 2015

Indian Oil Corporation to set petrochemical plants

New Delhi: Indian Oil Corporation plans to spend about Rs 45,000 crore (US$ 7.21 billion) over three years to build petrochemicals plants and LNG terminal, lay pipelines and upgr...

April 08, 2015
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