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India's Top Oil Refiner Plans 10,000 Electric Car Charging Stations

Nov 03, 2021

Indian Oil Corp (IOC) will set up 10,000 electric vehicle charging stations in the next three years and is drawing up plans to cut greenhouse gas emissions from its operations to aid the country's net-zero carbon target by 2070, its chairman said on Wednesday.Prime Minister Narendra Modi on Monday announced 2070 as the target for India to reach net zero, saying that by 2030 the share of renewables…

India Asks ONGC to Sell 60% in Major Offshore Fields

Nov 11, 2021

India's petroleum ministry has asked state-run explorer Oil and Natural Gas Corp to consider selling a 60% stake in its two major oil and gas fields to private companies to boost output, a government source said on Thursday.India, the world's third-biggest oil consumer and importer…

India Receives First LNG Cargo from Yamal LNG Project

Oct 26, 2021

India received its first import of liquefied natural gas (LNG) from Russia's Yamal LNG project over the weekend, Refinitive Eikon LNG flows data showed.The cargo was supplied by Russian gas company Gazprom under its long-term LNG sales deal with GAIL (India) Ltd…

ExxonMobil Looking to Buy Into ONGC's Deepwater Fields Offshore India

Oct 25, 2021

Global oil major ExxonMobil Corp is looking at buying a stake in some of the local deepwater fields of Indian explorer Oil and Natural Gas Corp, oil secretary Tarun Kapoor said on Friday.India, the world's third-biggest oil importer, and consumer…

Fugro Nets 2-Year Remote Support Deal Offshore India

Oct 20, 2021

Fugro has won a two-year contract with India's marine service firm OCS Services to support its asset integrity and corrosion management operations off the west coast of India.Fugro said Tuesday it would help OCS deliver on ONGC’s Protective Coating of Process Platform Project 1 (PCPP1)…

Report: As Power Crisis Worsens, India Presses Qatar for Delayed LNG Cargoes

Oct 18, 2021

India, grappling with its worst power crisis in five years, has asked Qatar to expedite delivery of 58 delayed liquefied natural gas (LNG) cargoes, two sources familiar with the matter said.Asia's third largest economy is suffering its worst…

COVID-19-hit Asia Ships More Gasoline to U.S.

Jun 10, 2021

Exports of gasoline and blend stocks from Asia to the United States rebounded in May from April, including two rare shipments from India, to meet rising summer demand in the west, industry sources and analysts told Reuters.Global gasoline demand…

McDermott Completes KG-D6 Satellite Cluster Work of India

Jun 04, 2021

McDermott International has this week said it has completed work on Reliance Industries Limited KG-D6 Satellite Cluster Project, off the east coast of India, dubbing the project a historic one, involving 'many firsts.''McDermott's work on the…

Shelf Drilling Nets 3-year Drilling Rig Contract in India

May 05, 2021

Jack-up drilling rig contractor Shelf Drilling has secured a contract in India for its Trident XII jack-up drilling unit. The contract is with the Indian oil company ONGC. Under the three-year contract, the Trident XII drilling rig will be used…

LNG Tankers Diverted from India Ports as Surging COVID-19 Cases Hit Demand

May 03, 2021

Liquefied natural gas (LNG) cargoes are being diverted away from ports in India as surging coronavirus cases there hamper domestic gas demand, trade and shipping sources said on Monday.Six LNG tankers diverted away from India since April 20…

Shelf Drilling Jack-up Scores Three-year Contract in India

Apr 23, 2021

Offshore drilling contractor Shelf Drilling has landed a three-year contract for one of its jack-up drilling rigs with Oil and Natural Gas Corporation (ONGC) in India.The Dubai-headquartered shallow water drilling specialist said its J.T. Angel…

Indian Oil Corporation Buys Its First Johan Sverdrup Crude Cargo

Apr 05, 2021

State-run refiner Indian Oil Corporation (IOC) has made its first purchase of Norway's Johan Sverdrup crude, buying four million barrels via a tender as it speeds up diversification of crude imports, two trade sources told Reuters on Monday…

First Crude Cargo from Guyana to India Sets Sail

Mar 24, 2021

The first cargo from new oil producer Guyana to the world's third-largest crude importer, India, departed this month from a production facility off the South American nation's coast in a vessel chartered by trading firm Trafigura, data from Refinitiv Eikon showed on Tuesday…

India Asks Refiners to Cut Reliance on Middle East Oil after OPEC+ Decision

Mar 09, 2021

India has asked state refiners to speed up the diversification of oil imports to gradually cut their dependence on the Middle East after OPEC+ decided last week to largely continue production cuts in April, two sources said.India, the world's third biggest oil importer and consumer…

India: McDermott Wraps Work on Reliance's Project Offshore India

Jan 11, 2021

Offshore oil and gas services company McDermott recently completed work on an offshore field development project in India, operated by Reliance Industries, and made it ready for start-up.The project, in the Krishna Godavari Basin, located off the east coast of India…

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