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MOZAMBIQUE OIL INVESTMENTS
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...
- West Asia war to hit growth, trigger cascading impact: World Bank President BangaThe World Bank warns of significant global economic fallout from the West Asia conflict. Even a ceasefire will cause disruptions. If the wa...
- 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...
- 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 ...
- 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.
- New development plan okayed for Mozambique gas field where Indian firms hold stakeThe Golfino Atum Project will be Mozambique’s first onshore LNG development and will supply initial volumes of about 100 million cubic feet...
- 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.
- 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 ...
- 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 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.
- India to invest $6 billion more in Rovuma gas fieldIndia will double its investment in the Mozambique’s Rovuma gas field by spending another $6 billion by 2019, said oil minister Dharmendra ...
- ONGC, Oil India and Bharat Petroluem to invest $6 billion in MozambiqueONGC, OIL and BPCL will in the next four years invest $6 billion in developing a giant gas field off the Mozambique coast.
- 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 ...
- Cabinet nod for signing pact with Mozambique for oil & gasOffshore gas discoveries in 2010 in two adjacent offshore blocks have seen the emergence of Mozambique as a significant hydrocarbon rich na...
- We are eyeing $2 billion from Brazil block, says Videocon CMD Venugopal DhootHe also says that he would put the money in a bank and earn interest rather than investing it in sectors such as consumer durables or telec...
- ONGC Videsh-Oil India complete acquisition of Videocon stake for $2.475 billionONGC Videsh and Oil India have completed acquisition of Videocon Group's 10% stake in a giant Mozambique gas field for $2.475 bn, the compa...
- 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...
- Oil India in talks with Mozambique for stake in Rovuma-1 gas fieldOil India is also considering downstream investments such as setting up fertilizer and petrochemical plants in the country though a consort...
- 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...
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