India’s oil and gas minister visits Aberdeen to meet with industry leaders
India's Minister of State for Petroleum and Natural Gas will visit Aberdeen today to meet with industry leaders.
India
Senvion expands Indian wind business with acquisition
German wind turbine maker Senvion said today it has taken over an Indian rival to support its expansion plans.
Indian wind energy firm Mytrah reshuffles senior positions
Indian renewables business Mytrah Energy has promoted its chief financial officer to the role of chief executive. Vikram Kailas replaces Ravi Kailas, who will continue in his role as chairman. Mr Kailas will retain the vice chairman and managing director posts at subsidiary Mytrah Energy (India) Private Limited (MEIPL).
Mytrah gets $31m cash boost from GE Energy for wind project
Mytrah said it has struck an agreement with Guayama Holdings for it to invest up to $31million in its subsidiary to support the development of a 200MW wind energy project in India.
India prods top LNG buyers to recast deals amid global glut
India’s liquefied natural gas buyers are being encouraged to renegotiate long-term contracts after spot prices tumbled amid a global glut.
India to evacuate laid-off oil workers from Saudi Arabia
India’s government plans to evacuate thousands of Indian workers who have lost their jobs in Saudi Arabia and cannot afford to pay for a flight home.
India’s top gas utility seeks to defer Gazprom LNG contract
GAIL India Ltd. is seeking to defer a 20-year contract to buy liquefied natural gas from Gazprom PJSC until the Russian company’s Shtokman project begins production, officials at the South Asian country’s biggest gas transporter said.
India’s biggest gas importer plans $3bn overseas expansion
India's biggest gas importer Petronet has said it aims to spend up to $3billion in the next five years to expand overseas.
Putin said to weigh $11billion Rosneft sale to China and India
Vladimir Putin is considering selling part of Russia’s corporate crown jewels to China and India as the president struggles to meet spending commitments before his possible re-election bid in less than two years.
Hardy Oil and Gas battles on for licence extenstion
Hardy Oil and Gas is continuing its fight for licences extension for its CY-OS/2 prospect, according to its latest company report.
Oilex settles legal dispute with Zeta
Oilex has reached an agreement to end legal proceedings with shareholder Zeta Resources, meaning neither company will pursue claims made against one another.
India clears $6.7b of outstanding debt to Iran
India's oil refiners will clear around $6.7billion of outstanding debt to Iran through Turkey's Halkbank, according to a senior Iranian economy official.
Aqualis Offshore wins Indian extension
Aqualis Offshore has won an contract extension with Oil and Natural Gas Corporation's (ONGC) assets offshore India.
JDR nets GE Oil & Gas India contract
JDR has netted a contract with GE Oil & Gas for the Vashista & S1 project off the east coast of India.
Mytrah exceeds wind capacity target
India's renewable power producer Mytrah Energy exceeded its expected target for wind power generation in the 2016 season.
Billionaire Ruias seek to pump India’s first shale natural gas
Essar Oil Ltd. has approached the government for permission to further explore shale formations in its eastern India coal-bed methane block as part of its effort to maximize the production of unconventional resources.
Fugro wins ROV Indian deepwater contract
Fugro has been awarded a contract by Indian oil and gas company, ONGC, for the provision of ROV services on board the drillship Sagar Vijay.
Mytrah gets $175million to further its renewables push
Mytrah Energy has secured a new $175million loan facility that will help push its generation capacity to more than 1,000MW within 12 months.
Steel plant closures will crush communities around UK, warns Archbishop of Wales
Communities across the UK will be “crushed” if steel plants close, the Archbishop of Wales has warned.
Government accused over China trade links as minister visits steel crisis plant
Ministers have been accused of prioritising trade links with China over support for the UK steel industry as Sajid Javid prepares to meet steelworkers in Port Talbot.
UK Government rules out nationalising steel industry
The Government has ruled out nationalising the steel industry to tackle the threat of thousands of job losses after the Prime Minister admitted there were no guarantees of resolving the current crisis.
PM to chair meeting to discuss unfolding steel industry crisis
The Prime Minister will chair a meeting in Downing Street to discuss the crisis gripping the steel industry amid growing fears of huge job losses.
Union leaders in steel industry talks ahead of Tata board meeting
UK union leaders have held talks in India ahead of a crucial board meeting of steel giant Tata which could decide the fate of thousands of workers.
ONGC invests $5bln of cash in oil and gas asset
India Oil and Natural Gas Corporation (ONGC) has approved an investment of about $5billion over the next few years in its east cost oil and gas asset.
Oilex appoints new MD
Oilex has appointed a new managing director to lead the company.