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SAKHALIN ENERGY
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 ...- 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...
- 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...
- Japan excludes three Russian energy projects from sanctionsJapan has excluded from sanctions three Russian energy projects in which Japanese companies are actively participating, according to an ann...
- 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...
- Russia's Sakhalin invites India and China to tap energy resources"We invite companies from China and India to projects of the energy complex. This is a good chance for them to fill the niche vacated by Am...
- Russia bans Western investors from selling banking, key energy stakesWestern countries and allies, including Japan, have piled financial restrictions on Russia since it sent troops into Ukraine in late Februa...
- Energy security: Japan looks to preserve interests in Russian oil fieldsAfter a meeting with Japanese Prime Minister Fumio Kishida on July 16, Haigiuda said that Mitsui and Mitsubishi, which hold 12.5% and 10%, ...
- India explores to expand footprints in oil fields in far East RussiaAccording to reports, ONGC’s overseas investment arm OVL has offered to send more personnel with suitable expertise to partially fill the v...
- Russia seizes control of Sakhalin gas project, raises stakes with WestThe order, signed on Thursday, creates a new firm to take over all rights and obligations of Sakhalin Energy Investment Co, in which Shell ...
- 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...
- Japan not to withdraw form Sakhalin-2 LNG project even if asked to: MinisterThe comments follow criticism from Moscow, last week, accusing Japan of benefiting from its participation in the project while being an “un...
- Shell in talks with Indian energy consortium to sell Russian LNG plant stake: SourcesThe consortium's potential interest in the Russian plant shows how India is willing to move in on energy assets and cheap oil supplies comi...
- India to press Russia again for tax breaks on OVL's Imperial, Sakhalin investmentsRussia 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-IIIONGC 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...
- India to seek stake in Sakhalin fieldsIndia will seek a stake in future Sakhalin oil and gas projects in far-east Russia during the visit of President Vladimir Putin here later ...
- Shell offers control over Sakhalin-2 to GazpromRoyal Dutch Shell has offered to cede control of the $22-billion Sakhalin-2 project, Russia’s biggest single foreign investment, to state g...
- Deora to pitch for oil equity in RussiaPetroleum minister Murli Deora, who is meeting Russian energy minister Viktor B Khristenko in Moscow, is expected to make a case for Indian...
- Sakhalin oil may reach Indian shores on Nov 20The first shipment of equity oil from Russian oilfield Sakhalin-I is expected to touch the Indian coast on November 20. ONGC’s $2.8bn in th...
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