Russia cuts gas to Austria in payment dispute, keeps EU flowsGazprom, Russia's state-owned energy giant, has cut off gas supplies to Austria following a payment dispute with OMV, Austria's largest ene...
UAE approves mega gas project weeks ahead of COP28ADNOC, the Emirati energy company, has awarded contracts worth $16.9 billion to build a gas project in the Hail and Ghasha offshore fields....
Gas rationing now a real prospect for the European UnionWith European utilities forced to tap reserves intended to cover needs for the winter, government controls of gas distribution could start ...
OMV focused on security of supply as Gazprom gas contracts roll on -CEOThe European Union on Tuesday launched new sanctions against Russia for invading Ukraine, including bans on Russian energy sector investmen...
Alois Virag becomes the new CEO of Nayara EnergyVirag joins Nayara after his last assignment as senior vice-president (downstream) for Middle East and Asia at OMV, an Austrian multination...
Rosneft-backed Nayara Energy appoints Alois Virag as its new CEO“Virag’s expertise in leading numerous and complex capital projects, turnarounds, digitalization initiatives along with prior experience in...
Equinor powers ahead with floating wind turbines despite oil crashThe long-planned project is going ahead despite Equinor's decision to cut investment following a plunge in oil prices that has reduced the ...
ONGC wins offshore oil & gas exploration block in New ZealandONGC Videsh Ltd, the overseas investment arm of India's biggest energy explorer, won exploration Block 14TAR-R1 in New Zealand's Taranaki b...
ONGC Videsh Ltd wins oil block in New ZealandOVL won an offshore exploration permit in the Taranaki Basin, in the same region as several commercially successful oil and gas fields.
Reliance Industries exits Iraq, sells oil blocks to ChevronReliance Industries has sold its 80% stake in two exploration blocks in the Kurdistan region of Iraq to Chevron as part of the Indian compa...
Chevron buys Reliance Industries Ltd's 80 per cent stake in two blocks in KurdistanChevron today said it has bought Reliance Industries' 80 per cent stake in two oil blocks in Kurdistan region of Iraq for an undisclosed am...
- RIL's stake in Iraq oil block reduces to 80 per cent
Reliance has so far not signed the agreement to assign 20% stake to OVM and it is unclear if the stake was transfered with its consent. Amb...
- India may lose a gas project in Iran
India's oil diplomacy that suffered a setback last week when China snatched a deal to develop one of Iran's biggest oilfields, may again be...
- OVL to quit Sudan block, writes off $90 mn
ONGC Videsh Ltd, flagship explorer ONGC’s overseas investment arm, is quitting a prospective acreage in the African nation and writing off ...
- IOC and Calik Energy get green light to build refinery at Ceyhan
The Turkish government has given Calik Energy and the Indian Oil Corporation (IOC) the green light to build a 300,000 barrels a day (b/d) r...
- IOC gets Turkish regulator's nod to build refinery
State-run Indian Oil Corp (IOC) has won the approval of Turkey's energy regulator for setting up a 4.9-billion dollar refinery in southern ...
- Turkey to approve IOC, Calik refinery
Indian Oil Corp and Calik Group to build a refinery with an investment of $4.9 bn at Ceyhan.