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ONGC eyes partnership with ExxonMobil to jointly bid for oil & gas blocks

Panaji, Jan. 28 -- State-run Oil and Natural Gas Corp. (ONGC) is eyeing collaboration with ExxonMobil to jointly bid for India's hydrocarbon blocks in the tenth round of auctions under the Open Acreag... Read More


ONGC eyes partnership with ExxonMobil to jointly bid for oil & gas blocks

New Delhi, Jan. 28 -- Panaji: State-run Oil and Natural Gas Corp. (ONGC) is eyeing collaboration with ExxonMobil to jointly bid for India's hydrocarbon blocks in the tenth round of auctions under the ... Read More


BPCL in talks with global shipping lines to source LNG from upcoming bunkering facility

Panaji, Jan. 28 -- State-run Bharat Petroleum Corporation Ltd is in talks with several global shipping lines including Danish shipping major Maersk, Italian major Mediterranean Shipping Company S.A (M... Read More


India in talks with US, Venezuela over ONGC Videsh's $600 million stuck dividends

Panaji, Jan. 28 -- India has initiated government-to-government (G2G) level talks with the United States and Venezuela to resolve the issue of $600 million in dividends stuck in Venezuela for state-ru... Read More


ONGC reaches out to Shell, ExxonMobil, TotalEnergies, Chevron, others for production enhancement in western offshore

New Delhi, Jan. 27 -- State-run Oil and Natural Gas Corp. (ONGC) has reached out to as many as 10 global energy players to participate in its tender for the role of technical services provider (TSP) t... Read More


US sanctions effect: Iraq gains lost ground as oil exporter to India, fast closing gap with Russia

New Delhi, Jan. 27 -- Rebalancing its oil import basket of the last three-four years, India is slowly yet surely moving away from the Russia Federation and turning back to its traditional crude oil su... Read More


India's energy sector offers $500-billion investment opportunity, says Modi

Panaji, Jan. 27 -- Prime Minister Narendra Modi on Tuesday called upon global energy players to invest in India's energy sector across exploration and downstream sectors, and said the country offers i... Read More


ACME Group plans $1.4 bn green methanol plant in Odisha, inks agreement

New Delhi, Jan. 25 -- ACME Group, one of India's largest solar platforms, has signed an agreement to build a $1.4 billion, or about Rs.12,422 crore, plant in Odisha that will produce 200,000 tonnes of... Read More


State-run BPCL to sign $780 mn crude sourcing deal with Brazil's Petrobras

New Delhi, Jan. 23 -- State-run Bharat Petroleum Corp. Ltd (BPCL) will sign a contract with Brazil's Petrobras next week to supply 12 million barrels of crude oil a petroleum ministry statement said, ... Read More


Power distribution reform scheme may get Rs.18,000 crore in FY27 budget

New Delhi, Jan. 23 -- The government may increase the annual allocation for the Revamped Distribution Sector Scheme (RDSS) to Rs.18,000 crore in the FY27 budget, scheduled to be presented on 1 Februar... Read More