oil and gas exploration

Brazil to auction new oil blocks in 2013


September 20th, 2012 - 12:11 pm ICT by IANS
Brasilia, Sep 20 (IANS/EFE) Brazil is planning an auction of new oil and gas exploration and production blocks for May 2013, although that long-delayed round will depend on prior approval ... Read more...

Posted in Business |

Argentine oil firm looks to attract investors


August 31st, 2012 - 1:26 pm ICT by IANS
Buenos Aires, Aug 31 (IANS/EFE) The CEO of Argentine state-run oil firm YPF has expressed confidence in the company's future and urged multinational corporations to come on board as partners ... Read more...

Posted in Business |

CAG critical of ONGC exploration performance


August 28th, 2012 - 6:05 pm ICT by IANS
New Delhi, Aug 28 (IANS) India's official auditor has hauled up public sector Oil and Natural Gas Corp. (ONGC) for inefficiency in its oil and gas exploration performance."ONGC did not place ... Read more...

Posted in Business |

India has not withdrawn from Vietnamese oil block: Minister


August 18th, 2012 - 6:15 pm ICT by IANS
New Delhi, Aug 18 (IANS) India has not withdrawn from oil and gas exploration in a block in the South China Sea where China claims territorial rights over blocks originally ... Read more...

Posted in Business |

India re-evaluating Vietnam oil block in South China Sea


August 3rd, 2012 - 8:50 pm ICT by IANS
New Delhi, Aug 3 (IANS) Unfazed by China's objections, India is re-evaluating a Vietnamese offer for oil exploration in the South China Sea and will go ahead if ONGC Videsh ... Read more...

Posted in Business |

China to react if India seeks oil in South China Sea


August 1st, 2012 - 4:33 pm ICT by IANS
Beijing, Aug 1 (IANS) India and Vietnam should be given a "strong response" if they insist on exploring oil and gas in waters claimed by China, a Chinese newspaper has ... Read more...

Posted in World |

Iraq signs gas deal with Pakistani energy firm


July 16th, 2012 - 6:02 am ICT by IANS
Baghdad, July 16 (IANS) Iraq has signed a deal with a Pakistani energy company to explore for natural gas in eastern Iraq, Xinhua reported."The Iraqi oil ministry is signing a ... Read more...

Posted in South Asia |

India, Qatar sign oil pact, discuss Indians’ welfare (Lead)


April 9th, 2012 - 8:45 pm ICT by IANS
New Delhi, April 9 (IANS) India and energy-rich Qatar, home to half a million Indians, Monday sealed six agreements in diverse areas, including an overarching pact on cooperation in ... Read more...

Posted in Business |

India, Qatar sign oil and gas pact


April 9th, 2012 - 3:45 pm ICT by IANS
New Delhi, April 9 (IANS) India and energy-rich Qatar, home to half a million Indians, Monday signed six agreements in diverse areas, including a pact on cooperation in oil ... Read more...

Posted in Business |

Major Chinese industrial companies’ profits drop


March 27th, 2012 - 4:12 pm ICT by IANS
Beijing, March 27 (IANS) Profits for Chinese chemical producers, automakers and other major industrial companies fell 5.2 percent in the first two months of 2012 from the same period a ... Read more...

Posted in Business |

China’s oil reserves went up 20 percent in 2011


February 24th, 2012 - 12:41 pm ICT by IANS
Beijing, Feb 24 (IANS) Chinese Ministry of Land and Resources has said the country discovered 1.37 billion tonnes of oil reserves in 2011, up 20.6 percent from a year earlier.It ... Read more...

Posted in Business |

Benin invites Indian firms for oil and gas exploration


December 10th, 2011 - 7:30 pm ICT by IANS
New Delhi, Dec 10 (IANS) The West African country of Benin Saturday invited Indian companies to help develop its oil and gas sector."There is a lot of unexplored mineral reserves ... Read more...

Posted in Business |

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 |

Sri Lanka, Vietnam ink oil deal


October 14th, 2011 - 9:45 pm ICT by IANS
Colombo, Oct 14 (IANS) Sri Lanka and Vietnam have signed an oil and gas exploration agreement, Vietnamese President Truong Tan Sang said at a forum here Friday.Vietnam's state-run PetroVietnam had ... Read more...

Posted in Uncategorized |

ONGC Videsh inks deal with PetroVietnam


October 12th, 2011 - 4:24 pm ICT by IANS
New Delhi, Oct 12 (IANS) ONGC Videsh Limited, the overseas arm of the government-run Oil and Natural Gas Corporation, Wednesday signed an agreement with Vietnam Oil and Gas Group ... Read more...

Posted in Business |

Sri Lanka to call for oil exploration bids


October 6th, 2011 - 2:15 pm ICT by IANS
Colombo, Oct 6 (IANS) Sri Lanka is to call bids for oil and gas exploration for five blocks off the country's northwestern coast, a minister said Thursday.Interest in the blocks ... Read more...

Posted in Business |

India, Vietnam to increase defence, security cooperation


September 16th, 2011 - 11:43 pm ICT by IANS
New Delhi/Hanoi, Sep 16 (IANS) India and Vietnam Friday agreed to add greater content to their bilateral relations in defence and security, even as both sides are considering a request ... Read more...

Posted in Uncategorized |

Bid to target ex-MPs in cash-for-votes scandal: Naidu


September 10th, 2011 - 8:33 pm ICT by IANS
Hyderabad, Sep 10 (IANS) Bharatiya Janata Party (BJP) leader M. Venkaiah Naidu Saturday condemned the Congress-led central government's attempt to target former BJP MPs who, he said, exposed ... Read more...

Posted in Uncategorized |

Reliance Industries scrip falls on CAG’s criticism


September 8th, 2011 - 3:22 pm ICT by IANS
Mumbai, Sep 8 (IANS) After the nation's official auditor accused it of violating production sharing contracts Thursday, the Reliance Industries (RIL) scrip fell 2.12 percent in intra-day trade at ... Read more...

Posted in Business |

Zardari woos China’s business houses


September 1st, 2011 - 1:16 pm ICT by IANS
Islamabad, Sep 1 (IANS) President Asif Ali Zardari has invited China's industrial giants and large business groups to enjoy the benefits of Pakistan's investment-friendly and incentives-driven policies by investing in ... Read more...

Posted in Business |

Defence ministry objects to gas project in Andhra


August 8th, 2011 - 11:54 pm ICT by IANS
New Delhi, Aug 8 (IANS) The defence ministry has objected to a gas project in the Krishna-Godavari basin of Andhra Pradesh, as it comes under a missile test range, Defence ... Read more...

Posted in Business |

Gas leak continues at ONGC well in Tripura (Lead)


June 15th, 2011 - 9:44 pm ICT by IANS
Agartala, June 15 (IANS) Natural gas continued to leak from an ONGC well in western Tripura Wednesday, nearly 24-hours after the leak was first detected, officials said. Experts and engineers ... Read more...

Posted in Business |

Cairn extends deadline for wrapping up deal with Vedanta


May 19th, 2011 - 5:14 pm ICT by IANS
Mumbai, May 19 (IANS) London-based oil and gas exploration major Cairn Energy Thursday said it had extended the closing date for the sale of 40 percent stake in its Indian ... Read more...

Posted in Business |

African financial services firm to assist, advise India Inc


March 29th, 2011 - 2:47 pm ICT by IANS
New Delhi, March 29 (IANS) African Finance Corp (AFC) is planning to join hands with Infrastructure Development Finance Corp (IDFC) to provide investment advice and financing to Indian companies seeking ... Read more...

Posted in Business |

Bidders response to India’s new oil, gas blocks was satisfactory: Jaipal Reddy


March 28th, 2011 - 10:25 pm ICT by ANI
New Delhi, Mar 28 (ANI): Union Petroleum and Natural Gas Minister Jaipal Reddy on Monday said the bidders response to the country's new oil and gas blocks has been more than satisfactory ... Read more...

Posted in National |

ONGC strikes new gas field in Tripura


March 15th, 2011 - 7:06 pm ICT by IANS
Agartala, March 15 (IANS) State-owned exploration major Oil and Natural Gas Corporation (ONGC) has established a significant gas discovery in the northeastern state of Tripura, officials said here Tuesday."The fresh ... Read more...

Posted in Business |

Dhaka offers ten gas drilling sites to Russian firm


February 23rd, 2011 - 3:11 pm ICT by IANS
Dhaka, Feb 23 (IANS) Energy-starved Bangladesh has offered a package of ten wells to Russian enterprise Gazprom after a Polish company withdrew from five wells earlier this month.State-run oil, gas and ... Read more...

Posted in Business |

Assam company to invest $8 million in Colombia


February 22nd, 2011 - 9:43 pm ICT by IANS
New Delhi, Feb 22 (IANS) Oil and gas exploration firm Assam Company India Limited Tuesday said that it will invest $8 million on exploring for hydrocarbons in Colombia. The announcement was made ... Read more...

Posted in Business |

Terrorists focusing on islands as safe havens: Experts


January 8th, 2011 - 8:47 pm ICT by IANS
New Delhi, Jan 8 (IANS) Global terrorists are turning their attention towards islands as safe havens and may join pirates to form relationships of convenience, experts said, stressing that India needs to ... Read more...

Posted in Uncategorized |

Dhaka looks to Moscow for oil, gas exploration


December 28th, 2010 - 1:30 pm ICT by IANS
Dhaka, Dec 28 (IANS) Bangladesh has offered Russian energy corporation Gazprom joint venture projects in oil and gas sector after lukewarm response to its bids from the western multi-national corporations.State sector ... Read more...

Posted in Business |

Oil spills pose threat to China’s oceans, says think tank


November 12th, 2010 - 1:16 pm ICT by ANI
Beijing, Nov.12 (ANI): The China Council for International Cooperation on Environment and Development has said that oil spills are posing an increasing threat to the country's marine environment even as energy demand ... Read more...

Posted in World |

Eurocopter launches Indian subsidiary to capture 50 percent market


October 20th, 2010 - 6:11 pm ICT by IANS
New Delhi, Oct 20 (IANS) The world's largest helicopter manufacturer, Eurocopter, Wednesday launched a wholly-owned subsidiary in India to capture half of the country's growing civilian helicopter market by 2015.Eurocopter, the first ... Read more...

Posted in Business |

Murli Deora expects India and US collaborate in shale gas exploration


October 18th, 2010 - 10:36 pm ICT by ANI
Mumbai, Oct.18 (ANI): Union Minister of Petroleum and Natural Gas Murli Deora said here today that the country is planning to enter a Memorandum of Understanding (MoU) with the United States ... Read more...

Posted in National |

Meet to focus on infrastructure for heli-ambulance


September 27th, 2010 - 5:43 pm ICT by IANS
Bangalore, Sep 27 (IANS) The fourth national seminar on 'helicopter emergency medical services and development of heliports/helipads' in this tech hub Tuesday will focus on building infrastructure for helicopter ambulances. "The day-long conference ... Read more...

Posted in Business |

Punj Llyod bags engineering contract from Saudi oil firm


September 20th, 2010 - 2:36 pm ICT by IANS
Mumbai, Sep 20 (IANS) Infrastructure major Punj Lloyd has secured an engineering and procurement contract from Saudi Arabian state-run oil company Saudi Aramco. The order was secured by the Indian firm's Saudi Arabia ... Read more...

Posted in Business |

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