All publications by tag «INDIA»
«Роснефть», Oil India, Indian Oil и Bharat Petroresources подписали Соглашение об основных условиях приобретения группой индийских компаний до 23.9% доли в АО «Ванкорнефть». Документ предусматривает возможность заключения юридически обязывающих документов о сделке купли-продажи.
Government said on Thursday it hoped to unlock gas and oil resources worth almost $40 billion by simplifying licensing rules and offering price incentives to recover gas from difficult offshore fields.
Indian oil demand, meanwhile, grew by 300,000 b/d last year after rising by 100,000-150,000 b/d/year in the previous decade.
Iran is working to regain market share after sanctions relief and exports had already risen by 500,000 bpd in February, Mohsen Ghamsari, director of international affairs at National Iranian Oil Co (NIOC), told Reuters on Tuesday.
China and India's combined share of world oil consumption has tripled since 1990 to over 16 percent, nearing the U.S. share of roughly 20 percent, cementing their status as the main center of global demand growth.
India's oil imports from Saudi Arabia and Iraq hit the highest in more than a decade last month as OPEC's top producers gained at the expense of Latin American crudes, a validation of the OPEC policy of maintaining output and fighting for market share.
Стороны приветствовали проведение в Москве 6 ноября 2015 года первого заседания совместной Рабочей группы по изучению возможностей строительства углеводородной трубопроводной системы, соединяющей Россию и Индию, что предусмотрено Программой по расширению сотрудничества в нефтегазовой сфере, подписанной в декабре 2014 года в Нью-Дели.
The deal, which could be worth around $1 billion based on the valuation of a recent stake purchase, is expected to take final shape during Prime Minister Narendra Modi's visit to Moscow next week for summit talks with President Vladimir Putin, said the sources with direct knowledge of the situation.
Iran has agreed a $3 billion contract with a consortium of Indian companies to develop the Farzad B gas field in the Persian Gulf, according to the Mehr news agency. The managing director of ONGC Videsh, the Indian company heading the partnership, said they had not yet been notified about the development.
India's production will tail off due to limited resources and relatively high costs for new projects, leading to more imports as economic growth picks up speed.