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Oil India's Baghjan Well Catches Fire

Jun 09, 2020

An ongoing gas leak at state-run oil and gas explorer Oil India Ltd's Baghjan well in the eastern India state of Assam caught fire on Tuesday, the company said in a statement.Oil India suspended operations at the well in its Baghjan oilfield on May 27 after an uncontrolled gas emission…

India's April Crude Processing in Biggest Drop Since 2003

May 25, 2020

India's crude oil processing in April slumped by 28.8% from a year earlier, its biggest drop since at least 2003, as a nationwide lockdown weighed on fuel demand and forced refiners to cut production.Refiners processed about 14.75 million tonnes or 3…

ONGC to Extend Armada Sterling FPSO Contract

Apr 15, 2020

Indian oil and gas company ONGC plans to extend the contract for the Armada Sterling FPSO, owned by a joint venture between Bumi Armada and Shapoorji Pallonji Oil and Gas Private Limited.Bumi Armada said Wednesday that its JV company had recently received notification from ONGC…

LNG Tankers Build Up around Indian Ports after Force Majeure

Mar 27, 2020

At least five fully-laden liquefied natural gas (LNG) tankers are idling offshore India, as yet unable to discharge their cargoes, after importers there declared force majeure earlier this week, according to an analyst and shipping sources.Gas…

India Set to Import Record LNG Volumes

Feb 21, 2020

India is set to import record volumes of liquefied natural gas (LNG) this month, data shows, taking advantage of the super-chilled fuel's price hitting all-time lows due to the coronavirus outbreak dampening demand in China. The South Asian nation is estimated to import about 2…

India's First Deepwater Gas Field Stops Production

Feb 04, 2020

India's D1 D3 offshore gas field, the country's first deepwater gas development to be brought online, has ceased production, Reliance and BP joint venture said Monday.The field, in Block KG D6 (KG-DWN-98/3), off the east coast of India, started producing gas in April 2009…

Shearwater Scores More Seismic Work in India

Jan 28, 2020

Norwegian seismic contractor Shearwater GeoServices has secured back-to-back 3D survey work offshore India.Under the contract, awarded by Reliance, Shearwater will carry a 3D broadband marine seismic acquisition project in the Bay of Bengal…

Shearwater Clinches 3D Survey Work Offshore India

Jan 22, 2020

Shearwater GeoServices will carry out a 3D marine seismic survey offshore India under a new contract awarded by ONGC.The Norwegian seismic company will start the 3D broadband marine seismic acquisition campaign in Q1 2020.The 4-month survey for the Indian oil company covers 2…

India to Invite Foreign Investment in State-owned Oil Companies

Nov 12, 2019

International energy firms will be invited to participate in India's privatization of state-owned oil companies, the country's Oil Minister Dharmendra Pradhan said late on Monday.Pradhan said Indian Prime Minister Narendra Modi recently met with the chief executives of energy firms in Houston…

Rebooting What’s Possible in India’s Gas Market

Nov 07, 2019

‘To lose patience is to lose the battle’ -Mahatma GandhiIndia is something of a conundrum for global LNG players. I recently returned from a week in Delhi, just as the capital was making headlines for one of the worst episodes of air pollution…

India Gets 8 Bids for 7 Onshore Blocks

Nov 01, 2019

India has received 8 bids for 7 onshore oil and gas exploration blocks under the latest auction, a government statement said.State-run Oil and Natural Gas Corp has submitted bids for all 8 blocks.State-run Oil India has put in a bid for 1 block.(Reporting by Nidhi Verma; editing by David Evans)

PetroChina Starts Gasoline Exports to India

Oct 29, 2019

China's PetroChina International Co Ltd shipped a cargo of 92 octane gasoline to India, marking the company's first direct refined oil shipment to the country, its parent company China National Petroleum Corp (CNPC) said in a statement on Tuesday…

India Hopes Saudis Will Help Build Oil Stores

Oct 24, 2019

India hopes to sign a pact with Saudi Arabia for participation in Delhi's strategic petroleum reserves (SPRs) during Prime Minister Narendra Modi's visit to the kingdom next week, a government official said on Thursday.India, the world's third biggest oil importer…

India to Drive LNG Capacity Growth in Asia

Oct 23, 2019

India is expected to drive capacity growth in Asia and Oceania’s liquefied natural gas (LNG) regasification industry from planned and announced (new-build) projects between 2019 and 2023, contributing around 35% of the total growth.According…

India's Oil Imports at 3-year Low

Oct 22, 2019

India's oil imports fell to their lowest in more than three years in September to 3.82 million barrels per day (bpd), data obtained from industry and shipping sources showed, as some refiners cut purchases due to shutdowns for maintenance and fuel upgrades…

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