national oil companies

Firms keen on JVs for oil, gas exploration in Africa: Reddy

December 9th, 2011 - 3:32 pm ICT by IANS
New Delhi, Dec 9 (IANS) Indian companies are keen to enter partnerships and form joint ventures for enhancing oil and gas exploration activities in African countries, Minister of Petroleum and ... Read more...

Posted in Business |

ONGC Videsh targets 20 mn tonnes output by 2020

August 18th, 2011 - 11:27 pm ICT by IANS
New Delhi, August 18 (IANS) ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corporation (ONGC) aims to exceed an annual crude oil production level of 20 ... Read more...

Posted in Business |

Malaysia, Brunei ink ’significant’ joint oil exploration deal

December 13th, 2010 - 7:14 pm ICT by ANI
Kuala Lumpur, Dec 13 (ANI): Malaysia and Brunei Darussalam took their political and diplomatic ties to a new level by signing an agreement between the national oil company of the two countries ... Read more...

Posted in World |

GAIL’s second quarter net profit up 29.48 percent

November 3rd, 2010 - 4:45 pm ICT by IANS
New Delhi, Nov 3(IANS) State-owned gas transmission and marketing company GAIL Wednesday reported a 29.48 percent increase in net profit for the second quarter of the current fiscal year on increased margins ... Read more...

Posted in Business |

PM says domestic source of oil supplies inadequate to meet growing energy

November 1st, 2010 - 1:59 pm ICT by ANI
New Delhi, Nov 1 (ANI): The Prime Minister, Dr. Manmohan Singh, on Monday called for higher domestic production of oil, saying that domestic sources of oil supplies are inadequate to meet ... Read more...

Posted in National |

Centre signs 31 contracts under New Exploration Licensing Policy

June 30th, 2010 - 10:39 pm ICT by ANI
New Delhi, June 30 (ANI): The Central Government on Wednesday signed 31 Product Sharing Contracts (PSCs) for 31 oil and gas blocks awarded to 23 companies in the eighth round of auction, ... Read more...

Posted in National |

Two-day Delhi conference to focus on managing volatility and growth

November 20th, 2009 - 7:09 pm ICT by ANI
New Delhi, Nov.20 (ANI): As the global energy market grapples with the world economic crisis and continued volatility, and India tries to understand these new dimensions, top energy and economic experts will ... Read more...

Posted in National |

Global oil companies to invest $375 bn despite downturn

June 3rd, 2009 - 10:33 pm ICT by IANS
Abu Dhabi, June 3 (IANS) The private and state-run oil companies worldwide would invest $375 billion in the hydrocarbon sector this year despite the economic downturn and concerns about low oil demand, ... Read more...

Posted in Business |

Canada looks for Indian investment in oil sands

January 13th, 2009 - 10:58 am ICT by IANS
New Delhi, Jan 13 (IANS) The global economic downturn has affected the development of oil sands in Canada, according to a Canadian minister who said the country was looking for Indian investment ... Read more...

Posted in Business |

Curtail foreign travel, practise austerity, PM tells ministers

June 5th, 2008 - 11:00 pm ICT by IANS
New Delhi, June 5 (IANS)Prime Minister Manmohan Singh Thursday wrote to all his ministers asking them to practice austerity in their ministries and at all levels of government in the wake of ... Read more...

Posted in Politics |

India, Brazil may enhance cooperation in oil sector

March 26th, 2008 - 6:47 pm ICT by admin
New Delhi, Mar 26 (ANI): Petroleum and Natural Gas Minister Murli Deora on Wednesday emphasized the need for India and Brazil to further enhance cooperation between both countries, especially in the ... Read more...

Posted in Health Science |