Arab investors hover over Indian oil sector
The Kingdom of Saudi Arabia and the UAE’s developing interest in India’s refining sector shows the latter’s appeal to the Gulf region...
Tag : oil and gas
No respite for Canada’s oil and gas investors
Regulatory uncertainty and limited scope for market access is forcing investors to pull out of major oil and gas projects in the country...
LSE reclassifies oil and gas firms under non-renewable energy category
Companies producing alternative fuels such as solar, wind, and biofuels have been grouped under renewable energy...
Mexico’s Pemex secures $8 bn loan; plans drilling shallow-water fields
Pemex with a debt of $106.5 billiom, reportedly the highest of any oil company, faced a credit rating downgrade...
South Africa develops new oil and gas policy to limit sector uncertainty
The move was initiated after Total SA’s huge deepwater oil discovery off the coast of South Africa...
Lloyds Energy, PNOC sign LNG development MoU in Philippines
Firms will develop LNG facilities and natural gas generation plants in Limay, Bataan, Bauan, Batangas, and Mabini...
Malaysia’s market liberalisation a ‘game-changer’ for gas sector
Malaysia is planning to increase its gas production by 12.5% by 2025 from the current estimate of 8 billion cubic meter per day...
India finally allocates land for $44 bn refinery with Adnoc, Aramco
Aramco and ADNOC inch closer to building the oil refinery in Raigad district of Maharashtra, India...
ONGC’s auction of 60 fields to private operators will enhance production
These fields contribute only 5 % to ONGC’s total production, while 95 % of its production comes from 60 large fields...
Baker Hughes’ Angola oil and gas facility to be hub for southern Africa
The hub’s operations will be run by a majority of skilled Angolan workforce boosting skills development in Africa...