News
September 10, 2015
Iran cut pricing for all its oil grades for sale to Asia next month, according to two people with knowledge of the decision, trimming the premium on its main Light crude over the comparable Saudi blend to the narrowest since the end of 2012.
News
September 04, 2015
OAO Rosneft will sell a stake in one of its largest oil-producing projects to ONGC Videsh Ltd., the overseas-investment arm of India’s biggest explorer, for $1.27 billion, people familiar with the plan said.
News
August 31, 2015
Keppel Offshore & Marine USA has completed acquisition of Cameron's offshore rigs business, which comprises the LETOURNEAU jackup rig designs, rig kit business, and aftermarket services for $100 million.
News
August 20, 2015
India’s Oil and Natural Gas Corp. is in discussions to take $535 million worth of crude in lieu of cash for its share of sales from a Venezuelan oilfield.
News
August 14, 2015
Oil & Natural Gas Corp. is seeking through its overseas unit to buy a stake in Russia’s second-largest oil producing development from OAO Rosneft, according to two people with direct knowledge of the plan.
News
August 07, 2015
CGG GeoSoftware has donated its Hampson-Russell and Jason geophysical software suites, covering all aspects of reservoir characterization, to the Indian Institute of Technology Bhubaneswar (IIT BBS).
News
July 28, 2015
Asian oil buyers, already sucking in barrels from as far away as Alaska and Mexico, are anticipating more bargains when Iran finally returns to world markets.
News
July 21, 2015
Katalyst Data Management has acquired the Perth-based oil and gas data management division of SpectrumData Pty Ltd.
News
July 15, 2015
Keppel FELS has secured a contract from Crystal Heights to build a high specification liftboat worth $85 million.
News
July 13, 2015
Speculators retreated from bullish oil bets at the fastest pace since 2012 on mounting concern that economic turmoil in Europe and Asia will prolong a supply glut.
News
July 08, 2015
BG India achieved first oil production from Mukta-B (MB), a four-legged wellhead unmanned platform in the offshore Bombay basin, on July 1.
News
July 06, 2015
Bibby Offshore’s Asian division, Bibby Offshore Singapore (BOS), has expanded its foothold in the Southeast Asian oil and gas sector by securing a series of contracts in the first half of 2015.
News
July 03, 2015
Videocon Industries Ltd., an Indian maker of consumer electronics with ambitions to become a major energy producer, plans to invest as much as $2.5 billion over three years in Brazilian oilfields, Chairman Venugopal Dhoot said.
News
June 15, 2015
Billionaire Anil Agarwal’s move to merge his two Indian units will create a national natural resources group to compete with BHP Billiton Ltd. and Vale SA.
News
June 12, 2015
Aqualis Offshore, part of Aqualis ASA, has been reappointed by United India Insurance Company to provide marine warranty services to the Oil and Natural Gas Corporation Limited (ONGC) offshore India.
News
June 04, 2015
India’s growing middle class will soon make it the third-biggest oil consumer, reshaping the global energy map as China uses less and the U.S. produces more.
News
June 04, 2015
Global natural gas use will rise at a slower pace than previously forecast amid lower-than-expected growth in Asian demand, said the International Energy Agency, cutting its outlook for a third consecutive year.
News
May 28, 2015
Amec Foster Wheeler has been awarded a pre-FEED (front-end engineering design) contract by the government of Timor-Leste for the proposed Beaço LNG plant.
News
April 30, 2015
Billionaire Anil Agarwal-controlled Sesa Sterlite Ltd., which runs India’s largest onshore oilfield, took a $3-billion writedown after crude’s crash eroded the goodwill value of Cairn India Ltd.
News
April 29, 2015
Ophir Energy has completed the acquisition of four deepwater Production Sharing Contracts (PSCs) in Indonesia from Niko Resources .
News
April 06, 2015
SINGAPORE -- A series of factors and influences have propelled the demand for small to mid-scale LNG projects in Asia.
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