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India's Russian oil imports rise in May as refiners boost purchasesIndia continued its strong demand for Russian fossil fuels in May. The nation emerged as the second-largest buyer globally, importing hydro...- Pakistan LNG seeks three spot LNG cargoes in first tender since December 2023Pakistan is seeking LNG cargoes to address supply shortages. The country has not received shipments since a conflict began. This has impact...
- India's Russian oil imports more than triple to 5.3 billion euro in MarchIndia’s crude oil imports from Russia surged in March, with purchases tripling to €5.3 billion as volumes doubled and prices rose, accordin...
- TotalEnergies plans to start phase two output at Azerbaijan's Absheron gas field in 2029TotalEnergies is set to begin the second phase of production at Azerbaijan's Absheron gas-condensate field on September 1, 2029. A final in...
- SOCAR Turkey executive appointed new CEO of Nayara EnergyNayara Energy, backed by Rosneft, has appointed Teymur Abasguliyev as its new CEO, replacing Alessandro Des Dorides, who resigned due to EU...
- Azerbaijani President Aliyev avoids Kashmir issue during Pakistan PM Shahbaz Sharif's visitDuring Pakistan PM Shahbaz Sharif's visit to Baku, Azerbaijani President Ilham Aliyev refrained from mentioning the Kashmir issue, marking ...
- OVL completes acquisition of Equior's stake in Azerbaijan oilfield for $60 mnONGC Videsh Ltd completes the acquisition of a 0.615% stake in Azerbaijan's ACG oilfield and a 0.737% share in the BTC pipeline from Equino...
- ONGC shares jump 3% on signing gas deal in AzerbaijanThe addendum to the ACG PSA allows progress in exploring, appraising, developing, and producing Non-Associated Natural Gas (NAG) from the A...
- ONGC acquires Equinor stake in Azerbaijan oilfields for USD 60 mnONGC Videsh will acquire Equinor's 0.615% stake in ACG oil field and 0.737% in BTC pipeline for $60 million, adding to its 2.31% ACG and 2....
- How the EU's ban on Russian crude affects oil flowsThe EU imposed a ban on maritime Russian crude oil imports from Dec. 5 and G7 countries set a price cap on Russian seaborne exports at $60 ...
- ONGC Videsh's Azerbaijan contract extended until 2049The companies agreed to pay $3.6 billion in bonus to the government and higher stake in the fields to the state oil firm of the Central Asi...
- ONGC Videsh signs pact with SOCAR TradingTo begin with, OVL's share of oil from the Azeri, Chirag and Guneshli (ACG) group of fields in Azerbaijan will be traded through the new ve...
- GAIL inks pact with Azerbaijan's state oil firmGAIL India Ltd today said it has signed an initial agreement with State Oil Company of Republic of Azerbaijan (SOCAR) for jointly pursuing ...
- HPCL may sign crude import pact with Azerbaijan firmThe HPCL board will consider signing crude import agreement with the State Oil Company of Azerbaijan Republic (SOCAR), a top official has s...
- BP says Baku-Ceyhan oil pipeline to resume operationsBP Plc said on Wednesday that testing of the Baku-Tbilisi-Ceyhan oil pipeline would begin, ahead of a move to resume operations on the rout...
- 'Azerbaijan halts oil exports via Georgia ports'Azerbaijan has halted oil exports via the Georgian ports of Batumi and Kulevi due to clashes between Russia and Georgia, the head of the st...
- IOC and Calik Energy get green light to build refinery at CeyhanThe 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...
- Tatas, IOC, OIL to jointly bid for oil field in AzerbaijanTatas have joined hands with state refiner Indian Oil and exploration firm Oil India Ltd to consider bidding for acquiring Caspian Energy G...
- IOC gets Turkish regulator's nod to build refineryState-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 ...
- OVL to bid over $300 mln for Caspian Energy GroupONGC Videsh Ltd, the overseas arm of state-run Oil and Natural Gas Corp (ONGC), is likely to bid over $ 300 million to buy Caspian Energy G...
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