Search For "oil field"
Saudi military downs drones targeting Shaybah oil field in eastern region
Updated : 2 months, 1 week ago IST
Saudi Arabia intercepted multiple drones targeting the "Shaybah oil field" as regional tensions soar. Amid the conflict, Russia and Saudi Arabia "emphasised the need" for international efforts to prevent escalation. Meanwhile, the US warned Russia not to intervene, despite Trump and Putin di
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Dubai authorities confirm "minor incident" successfully contained after de
Updated : 2 months, 1 week ago IST
Dubai and Saudi Arabia have intercepted a massive wave of drones and missiles following escalating regional strikes. While Dubai successfully contained debris from an interception, Saudi forces thwarted attacks on the Shaybah oil field and air bases. Riyadh and the GCC condemned the "treache
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Tehran's Mehrabad Airport ablaze as Israel and Iran exchange fire: Reports
Updated : 2 months, 1 week ago IST
Middle East tensions have escalated as airstrikes hit Tehran, leaving Mehrabad Airport on fire. In retaliation, Iran targeted Tel Aviv, while Saudi Arabia intercepted 16 drones and missiles aimed at vital oil fields and air bases. Riyadh and the GCC condemned the "treacherous Iranian aggress
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Saudi air defences neutralise 16 drones targeting Shaybah oil field in fre
Updated : 2 months, 1 week ago IST
Saudi air defences intercepted 16 drones targeting the Shaybah oil field and missiles aimed at Prince Sultan Air Base. Amid rising regional tensions, the Kingdom and GCC condemned the "treacherous Iranian aggression," with Riyadh asserting its "full right" to take all necessary measures t
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SRMIST, Pon Pure Chemicals Sign MoU to Set Up CSR-Funded Oil-Field Chemica
Updated : 5 months, 1 week ago IST
Kattankulathur (Tamil Nadu) [India], December 17: SRM Institute of Science and Technology (SRMIST) has entered into a Memorandum of Understanding (MoU) with Pon Pure Chemicals Pvt. Ltd., Chennai, to establish a Joint Laboratory for Oil-Field Chemical Product Development and Analytical Testin
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Hyundai E&C wins USD 3 bn Iraq seawater treatment deal
Updated : 7 months, 3 weeks ago IST
Hyundai Engineering & Construction Co. (Hyundai E&C) secured a USD 3 billion contract to build a large-scale seawater treatment and desalination plant in Iraq, the biggest overseas order won by a single Korean construction company in 2025 to date.
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New Oil Field Amendment Bill has made small oil fields investor-friendly
Updated : 1 year, 2 months ago IST
The amendment of Oil Field Amendment Bill 2024, brings relaxed regulations, allowing 100 per cent foreign participation, greater exploration flexibility, and improved financial terms in line with India's Hydrocarbon Exploration and Licensing Policy (HELP).
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Oil Field amendment bill will be game-changer for oil and gas explorations
Updated : 1 year, 2 months ago IST
The bill is aimed at fulfilling the vision of Viksit Bharat by 2047 by reducing import dependency in the sector. It will play a key role in ensuring India's energy availability, accessibility, affordability and security for the country and its people.
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Policy overhaul, windfall tax removal to draw in global oil companies in I
Updated : 1 year, 5 months ago IST
India's move to broaden the scope of its exploration policy beyond petroleum and natural gas while lately abolishing a windfall tax on domestically produced crude oil will likely draw in private and foreign entities to the upstream energy sector, according to S&P Global Commodity Insight
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Israel plans 'serious' retaliation for Iran's missile strike
Updated : 1 year, 7 months ago IST
Following Iran's ballistic missile attack on Israel, which involved around 200 missiles and damaged Israeli airbases, the Israel Defence Forces (IDF) are preparing a "serious and significant" response. While no critical infrastructure was hit, the IDF has vowed that Iran's actions will have
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"I'd be thinking about other alternatives than striking oil fields," US Pr
Updated : 1 year, 7 months ago IST
Biden stated that the Israelis are still discussing how they would strike
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ONGC Videsh to acquire stake in ACG oil field, Azerbaijan
Updated : 1 year, 10 months ago IST
According to a press release, the agreement encompasses the acquisition of a 0.615 per cent participating interest (PI) in the ACG field and a 0.737 per cent shareholding in the Baku Tbilisi Ceyhan (BTC) pipeline company through its wholly-owned subsidiary, ONGC BTC Limited.
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