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MOZAMBIQUE ENERGY 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 ...- India has 76 days of fuel reserves, oil supplies secure: Hardeep Singh PuriIndia possesses robust fuel reserves, sufficient for approximately one month of disruption. The nation's diversified sourcing strategy and ...
- 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...
- Deccan Gold Mines shares rally 16% on India’s first private gold mining project. Check detailsShares of Deccan Gold Mines Ltd surged 16% as the Jonnagiri Gold Project, India’s first private gold mining venture, nears commercial produ...
- US backs a South Africa project to extract rare earths despite a diplomatic clashA U.S.-backed project in South Africa aims to extract rare earth elements from industrial mining waste, a move supported by a $50 million i...
- 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...
- India invites France's TotalEnergies to bid for oil exploration rightsIndia has invited French oil company TotalEnergies to bid for oil exploration rights in the country. As India aims to reduce its dependence...
- 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...
- 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.
- BPCL says gas production from Mozambique not before FY21The company is also reworking the capex for the gas basin, following the massive drop in crude prices and a subsequent drop in exploration ...
- 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.
- Mozambique invites Indian companies to invest; seeks stronger tiesMozambique has invited Indian businesses to invest in the Southern African nation in areas like agriculture, technology and infrastructure.
- 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 ...
- 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.
- India offers to build fertiliser, petrochemical units in MozambiqueIndia has offered to build fertiliser and petrochemical plants in Mozambique if the gas-rich African nation gives fuel at concessional rate...
- Jose Parayanken quit bank job to yoke entrepreneurial drive with Mozambique's economic revivalKerala-born Jose Parayanken quit a regular banking job and yoked his entrepreneurial drive with Mozambique’s economic revival.
- India Inc seeks Mozambique coal bountyLeading domestic corporates that have descended on the South-East African country include Reliance Energy, Tata Power Company, Essar Power,...
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