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INDIAN OIL GABON
OIL, IOCL exit Gabon block, end decade-old oil projectOil India and Indian Oil have relinquished their Shakthi-II exploration block in Gabon. This action terminates their Production Sharing Con...- Russia crude prices swing wildly amid Iran warThe landscape of Russian crude prices for Indian refiners has seen considerable volatility influenced by the Iran war. Initially, discounts...
- Oil tankers u-turn, head back to Middle East as Hormuz reopening nearsIn a strategic pivot, two oil tankers are heading toward the Middle East in expectation of the Strait of Hormuz’s reopening. Shipowners are...
- Indian refiners turn to Latin America, Africa to replace Russian oil in February, data showsIndia's crude oil imports from Latin America and Africa increased slightly in February, as refiners sought alternative sources amid concern...
- US sanctions four India-based firms for involvement in Iranian oil tradeThe US sanctioned over 30 individuals and vessels, including four Indian firms, for their role in the sale and shipping of Iranian oil. The...
- IOC buys 7 million barrels of Middle East, African oilIndia's top refiner, Indian Oil Corp (IOC), has purchased 7 million barrels of Middle Eastern and African crude oil via tenders, including ...
- US trying to help India get lower prices for Russian oil, Joe Biden envoy saysWashington imposed sanctions late last month on Russia's leading tanker group Sovcomflot on the two-year anniversary of Moscow's full scale...
- Indian-flagged oil tanker hit by attack drone in Red Sea, says US militaryAccording to the US military, they received reports from two ships in the Southern Red Sea that they were under attack. The USS Laboon repo...
- Pirates hijack oil tanker with 24 Indian crew off Gabon coastAn oil-chemical tanker with an all Indian crew of 24 has been hijacked off the coast of the West African nation Gabon, officials said here ...
- Sixteen stocks in focus in Thursday morning tradeIndian shares are expected to trade in a range with a negative bias. Here is a list of sixteen stocks that are likely to be in action today.
- Oil India Limited commences drilling well in GabonThe wells are around 250 km from Libreville, the capital city of Gabon by road. Both the wells are vertical wells inside deep forest with d...
- Oman keen to invest in IndiaBuoyed by the success of Bina refinery, Oman is keen on investing more in India particularly in the petrochemical sector and is exploring o...
- Ramky Infrastructure expands in Africa to offset India business slowdown"We have bid for projects worth $1 billion in Gabon, and expect to win projects worth $300-400 million," Goutham Reddy, executive director,...
- Oil India puts aside Rs 4k-5k crore for acquiring oil firm overseas"We are pursuing opportunities to acquire producing E&P assets in Africa, Middle East, South East Asia, South America, Australia, CIS count...
- IOC plans to hive-off E&P business; stock upWith petrol prices up nearly 9 per cent and diesel rates poised to rise, state-run Indian oil Corporation is preparing plans to revitalise ...
- IOC plans to scale up E&P businessWith petrol prices up nearly 9% and diesel rates poised to rise, IOC is preparing plans to revitalise its upstream business and hive it off...
- OIL seeks govt nod to raise overseas investment limitState-owned Oil India has sought the government approval for quadrupling the cap on its overseas investment to $300 million in order to exp...
- OIL eyes 5 more blocks in AfricaEven as crude oil flirts with the $100/barrel mark, PSU oil explorer Oil India (OIL) is planning to pick up equity in five oil blocks in Af...
- Exports of petro goods have touched $10b: DeoraIndia’s petroleum products exports jumped to $10 billion in the first six months of the current fiscal and are expected to top $20 billion ...
- ONGC mulls over $500 mn stake in Gabon bidONGC, country's largest oil producer, is considering bidding more than $500 million for a stake in a block in Gabon and is eyeing oil and g...
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