Search For "oil and gas"
Low oil prices heighten global oil and gas companies' financial risks: Moo
Updated : 6 years ago IST
New York [USA], Mar 12 (ANI): Despite the recent plunge in oil prices, Moody's Investors Service expects that oil and gas companies will actively manage their liquidity in 2020, reducing capital spending and potentially reducing or suspending distributions to shareholders amid lower opera
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New production from KG D6 project to start by mid-2020: RIL-BP
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 4 (ANI): Reliance Industries Ltd (RIL) and British multinational oil and gas company BP Plc have said their joint venture completed the safe cessation of production in a planned manner from the D1 D3 field in block KG D6 off the east coast of India.
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Gas leak reported in East Godavari District
Updated : 6 years, 1 month ago IST
East Godavari District (Andhra Pradesh) [India], Feb 3 (ANI): A gas leakage was reported from a gas well in Uppudi village in Katrenikona Mandal on Sunday. The gas leakage was first observed in a pipeline maintained by PFH Oil and Gas Private Limited.
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TATA Projects to execute Bio Ethanol project for reducing Agri waste burni
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Jan 23 (ANI/PRNewswire): TATA Projects Limited, one of India's fastest-growing and most admired infrastructure companies, today announced that the company has received multiple mega orders in the oil and gas refinery sector with a combined value totalling more t
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Commodity prices, access to capital among top risks for oil and gas compan
Updated : 6 years, 2 months ago IST
New York [USA], Jan 9 (ANI): Global energy companies face increasingly tight access to capital in 2020, weakening their liquidity, increasing their cost of capital and intensifying default risk for companies with looming maturities, according to Moody's Investors Service.
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Reliance and BP move forward with Indian fuels partnership
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Dec 17 (ANI): Reliance Industries Ltd (RIL) and British multinational oil and gas company BP Plc have signed a definitive agreement relating to the formation of new Indian fuels and mobility joint venture.
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Dharmendra Pradhan addresses FIPI summit, exhorts oil and gas industry to
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 3 (ANI): Union Minister of Petroleum and Natural Gas and Steel Dharmendra Pradhan on Monday addressed FIPI (Federation of Indian Petroleum Industry)'s annual summit and awards ceremony in Delhi and urged the oil and gas industry to support innovation by young profes
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Asian Oilfield to acquire majority stake in joint venture Optimum Oil and
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Nov 18 (ANI): Asian Oilfield Services has entered into a share purchase agreement for the acquisition of 51 per cent of equity share capital in Optimum Oil and Gas from its existing shareholder.
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Cairn Oil & Gas secures production sharing contract extension for Ravva fi
Updated : 6 years, 4 months ago IST
New Delhi [India], Nov 6 (ANI): The government has approved a 10-year extension of the production sharing contract to Cairn Oil and Gas of Vedanta Ltd for the Ravva block in Andhra Pradesh.
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Oil minister Dharmendra Pradhan to visit Japan, Russia from Oct 22
Updated : 6 years, 4 months ago IST
New Delhi [India], Oct 22 (ANI): Union Minister for Oil and Gas Dharmendra Pradhan will embark on a four-day visit to Japan and Russia from October 22 to 26.
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Global energy major Equinor extends pact with HCL Technologies
Updated : 6 years, 5 months ago IST
Noida (Uttar Pradesh) [India], Oct 15 (ANI): HCL Technologies said on Tuesday it has renewed its IT operations and transformation agreement with Equinor, the largest supplier of oil and gas in the Nordic energy market and the largest offshore operator in the world.
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Pradhan meets Rosneft CEO, reviews cooperation between Russian crude and I
Updated : 6 years, 5 months ago IST
New Delhi [India], Sep 17 (ANI): Union Minister Dharmendra Pradhan on Tuesday called on Igor Sechin, the chief executive officer of Russian oil giant Rosneft, and reviewed the ongoing cooperation between Indian oil and gas PSUs under Rosneft.
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