gas producer

Cairn India and PetroSA deal on oil exploration in South Africa


August 16th, 2012 - 10:17 pm ICT by IANS
New Delhi, Aug 16 (IANS) Oil and gas producer Cairn India Thursday signed a farm-in agreement with PetroSA, South Africa's national oil company, for crude oil and natural gas exploration ... Read more...

Posted in Business |

ONGC reports Q1 net profit of Rs.6,078 crore


August 11th, 2012 - 10:29 pm ICT by IANS
New Delhi, August 11 (IANS) Public sector oil and gas producer ONGC Saturday reported a net profit growth of 48.4 percent at Rs.6,078 crore for the quarter ending June 30, ... Read more...

Posted in Business |

Gas production from RIL’s KG-D6 block declines


August 9th, 2012 - 8:28 pm ICT by IANS
New Delhi, Aug 9 (IANS) Gas production in the Krishna-Godavari basin KG D6 block, operated by Reliance Industries, has declined in 2011-12 and the estimate of gas reserves has been ... Read more...

Posted in Business |

Argentina to nationalize Spanish-controlled oil company


April 17th, 2012 - 11:12 am ICT by IANS
Buenos Aires, April 17 (IANS/EFE) President Cristina Fernandez announced Monday the immediate takeover of YPF, a unit of Spanish oil major Repsol, and said she will ask the Argentine Congress ... Read more...

Posted in Business |

Argentine oil firm made $3 bn investments in 2011


February 9th, 2012 - 11:40 am ICT by IANS
Buenos Aires, Feb 9 (IANS/EFE) Argentine oil company YPF, a unit of Spain's Repsol-YPF, announced Wednesday that its investments in the South American country rose last year by 50 percent ... Read more...

Posted in Business |

Chinese firm terminates six overseas projects


August 22nd, 2011 - 3:25 pm ICT by IANS
Beijing, Aug 22 (IANS) China National Petroleum Corp. (CNPC), the country's largest oil and gas producer, has terminated six exploration projects in Libya and Niger amid ongoing political turbulence in ... Read more...

Posted in Business |

China, Russia oil pipeline operation significant to global energy market: Expert


January 1st, 2011 - 1:49 pm ICT by ANI
Moscow, Jan 1 (ANI): The launch of a new oil pipeline between Russia's East Siberia and Chinese city of Daqing can be significant for the global energy market, a Russian expert has ... Read more...

Posted in World |

Cairn India strikes oil in Krishna Godavari basin


August 23rd, 2010 - 6:01 pm ICT by IANS
Mumbai, Aug 23 (IANS) India's fourth largest oil and gas producer, Cairn India, Monday said it has struck oil at a well in the Krishna Godavari basin, off the Andhra Pradesh coast. "A ... Read more...

Posted in Business |

Iran, India, Pakistan gas-pipeline talks likely to be held in January


December 7th, 2009 - 6:27 pm ICT by ANI
Tehran, Dec. 7 (ANI): India, Pakistan and Iran are likely to hold trilateral talks on the gas pipeline project in January.Iranian Oil Minister's special representative for Peace Pipeline Project, Hojjatollah Ghanimifard, said ... Read more...

Posted in World |

Chinese oil giant takes over Swiss firm


August 18th, 2009 - 9:10 pm ICT by IANS
Beijing, Aug 18 (Xinhua) China's largest oil refinery Sinopec has taken over the Geneva-based oil and gas producer Addax Petroleum Corp., company officials said Tuesday. Sinopec purchased the Swiss oil company for around ... Read more...

Posted in Business |

Australia delays carbon-trading scheme


May 4th, 2009 - 4:01 pm ICT by IANS
Sydney, May 4 (DPA) Australia Monday postponed by a year the introduction of its proposed emissions-trading scheme, citing the slowing economy for the delay. Prime Minister Kevin Rudd also slashed by one-third ... Read more...

Posted in Business |

Pakistan could prospect for oil, gas in Libya


May 2nd, 2009 - 6:09 pm ICT by IANS
Islamabad, May 2 (IANS) Pakistan could prospect for oil and gas in Libya as part of its efforts to enhance its reserves, an official accompanying President Asif Ali Zardari on his state ... Read more...

Posted in Business |

Russia to cut gas supplies to Ukraine further


March 4th, 2008 - 10:31 pm ICT by admin
RIA Novosti Moscow, March 4 (RIA Novosti) Russian natural gas giant Gazprom announced Tuesday it would reduce gas supplies to Ukraine by another 25 percent to halve the supplies from the normal level ... Read more...

Posted in Business |

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