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SAKHALIN 1 PROJECTS
India-Russia energy ties widen beyond crude to gas, nuclear and petrochemicalsIndia and Russia are deepening energy ties. Discussions have focused on gas supplies and joint ventures for hydrocarbon development. Russia...
UK allows diesel and jet fuel imports from Russian crude via sanctions carve-outBritain will allow imports of diesel and jet fuel refined in other countries from Russian crude oil, creating a sanctions exemption aimed a...
ONGC said to be moving closer to keeping 20% stake in Russia's Sakhalin-1 projectONGC Videsh Ltd, the overseas investment arm of India's top explorer ONGC, and other state-run Indian companies have not been able to repat...
Bank curbs hit ONGC's plans to gain 20% stake in Russia oilfieldONGC, hindered by banking restrictions, faces challenges in paying its share to the abandonment fund for Russia's Sakhalin-1 field, obstruc...
Oil-rich Sakhalin calls for more investment from IndiaThe Sakhalin governor has invited companies from India to invest in Russia's energy reserves after American and European oil and gas majors...
OVL retakes 20% stake in Sakhalin-1 oil, gas fieldsSakhalin-1 is a large oil and gas field in far-east offshore Russia, spread over 1,140 square kilometers, which includes three offshore fie...
ONGC applies to retain 20% in Russia's Sakhalin-1- sourceRussia has established a new entity, managed by a Rosneft subsidiary, that owns investor's rights in Sakhalin 1 after the exit of previous ...
ONGC Videsh bids to retake 20% stake in Russia's Sakhalin-1Russian President Vladimir Putin earlier this month disbanded Exxon Neftegaz - a regional subsidiary of US supermajor ExxonMobil - as opera...
ONGC eyes stake in Russian entity managing Sakhalin 1: SourcesRussian President Vladimir Putin earlier this month issued a decree to establish a new operator for the ExxonMobil -led project and authori...
ONGC eyes stake in Russian entity managing Sakhalin 1: SourcesRussian President Vladimir Putin earlier this month issued a decree to establish a new operator for the ExxonMobil-led project and authoris...
Putin orders new operator for Sakhalin-1 energy project where India has stakesRussian President Vladimir Putin has signed a decree, published on Friday, to set up a new operator for the Sakhalin-1 oil and gas project,...
ONCG says no clarity on resumption of Sakhalin-1Production at Sakhalin-1 was "minimized" shortly after the Ukraine war started and there is no clarity or timeline yet when it could be res...
ONGC Videsh says oil movement from Sakhalin-1 project disrupted due to sanctions against RussiaSakhalin-1 produced around 271,000 barrels of oil per day in January and February 2022, according to the Russian Energy Ministry data, agai...
Exxon declares force majeure on Russian Sakhalin-1 operationsExxon Mobil Corp said on Wednesday its Russian unit Exxon Neftegas Ltd has declared force majeure for its Sakhalin-1 operations due to sanc...
India, Russia discuss ongoing & potential joint energy projectsRussian Deputy PM Alexander Novak and Minister of Petroleum and Natural Gas and Minister of Housing and Urban Affairs Hardeep Singh Puri. T...
OVL, partners reach out of court settlement with RosneftRosneft had dragged the Sakhalin-1 consortium to court alleging "unjust enrichment and interest gained by using other people's money" and c...
ONGC Videsh seeks tax parity with ExxonMobilONGC Videsh, partner in the project, has decided not to join the arbitration but seek tax parity.
- India to press Russia again for tax breaks on OVL's Imperial, Sakhalin investments
Russia has rejected India's request for tax breaks on investments made by ONGC Videsh Ltd in Imperial Energy and Sakhalin- 1.
- OVL, Rosneft to bid for 49% stake in Sakhalin-III
ONGC Videsh (OVL), the overseas arm of the state-owned ONGC, is set to bid for up to a 49% stake in Russia’s Sakhalin-III oil and gas devel...
- Sakhalin-1 output to decline after '07
Oil output from the Exxon Mobil-led Sakhalin-1 project will peak in ’07 and start to decline immediately afterwards partly because it faile...