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MOZAMBIQUE LNG PROJECT
ONGC rebrands itself as ‘gas and oil’ firm as natural gas output overtakes crudeState-run ONGC is shifting its focus, now prioritizing natural gas over crude oil. Chairman Arun Kumar Singh announced that gas production ...- ONGC bets on gas-led growth as premium pricing boosts profitabilityONGC anticipates natural gas will drive its future growth and profitability. New high-priced gas production is set to increase significantl...
- India-China energy cooperation doesn't require warm relations, or lofty civilisational rhetoricIndia and China face a new opportunity in energy markets. Past cooperation in Africa, despite challenges, shows potential. Both nations see...
- Force majeure on ONGC Mozambique project liftedThe consortium, led by operator Total Energies, had declared force majeure in May 2021 and suspended construction work that began in 2019 o...
- BPCL plans to invest $2.9 billion in exploration in Mozambique, BrazilBPCL plans to invest ₹25,000 crore in exploration and production blocks in Mozambique and Brazil over the next three years. The company aim...
- ONGC Videsh plans to raise $525 million to redeem bonds set to mature soonONGC Videsh, the overseas arm of the state-run explorer Oil and Natural Gas Corp, is in talks with half a dozen foreign and domestic banks ...
- Uncertainty over LNG project in MozambiqueTotal, the operator of the Mozambique project, has declared force majeure and evacuated all the personnel and contractors from the project ...
- Mozambique's Filipe Nyusi vows to restore peace in gas-rich Cabo Delgado"We will make all efforts to return peace to our country, in particular in the north, in Cabo Delgado which in recent years has been the ta...
- Mozambique gas project of OVL, OIL ties up $14.9 billion debt for LNG project financing"Oil India announces that Rovuma Offshore Area 1 consortium (Area-1), led by Total confirms, the finalization of the Mozambique LNG senior ...
- Oil PSUs start payments for Mozambique LNG projectONGC, Bharat Petroleum and Oil India have combined 30% participating interest in the gas project and will shell out about $2 billion.
- OVL, partners agree to invest $20 billion in Mozambique LNG projectThe project will initially consist of two LNG trains with a total nameplate capacity of 12.88 million tonnes per annum.
- India, Mozambique agree to develop Rovuma gas findOil Minister Dharmendra Pradhan met his Mozambique counterpart Leticia Klemens to discuss the development of the gas field.
- Slump in LNG prices delays production at Mozambique gas fieldThe Mozambique project, however, is not unique in this as many other projects globally face the same stress brought on by the price crash.
- Mozambique LNG discusses gas export with Indian companies"They are the largest (energy) players in India," said Steve W Hoyle when asked about LNG marketing plan for the Indian market.
- ONGC, partners to invest $24 billion in Mozambique gas fieldONGC and its partners will invest about $24 billion in producing natural gas from a giant field off Mozambique, converting it into LNG for ...
- ONGC lines up $3 billion investment in MozambiqueWith ONGC lining up USD 3 billion more investment in a giant Mozambique gas field, India today pressed the African nation to approve a law ...
- India to import LNG from Mozambique: Veerappa MoilyMozambique wants the operators of the block to produce first gas by 2018, Minister for Mineral Resources Esperanca Bias told media.
- OVL-OIL to buy Videocon's 10% in Mozambique field for $2.45 bnONGC Videsh Ltd and Oil India Ltd will buy Videocon Industries' 10 per cent stake in a giant Mozambique gas field for USD 2.475 billion.
- ONGC in talks to buy Videocon's stake in Mozambique gas fieldOil Minister M Veerappa Moily had stated that LNG from Mozambique may be imported at the planned LNG terminal at Mangalore to feed the sout...
- BPCL, Videocon to make LNG plant in Northern MozambiqueThe LNG complex will in time have capacity to produce about 50 million tonnes of LNG a year, Anadarko said.
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