Reliance Industries, owned by India’s richest man, Mukesh Ambani, is considering entering the power-storage business with its partner BP to expand into the country’s growing renewable energy sector, according to two people with knowledge of the plan.
Russian oil giant Rosneft today confirmed that it had completed the acquisition of 49% of Indian firm Essar Oil.
Malaysia's Petronas is eyeing a stake in Indian Oil Corp's Ennore liquefied natural gas terminal, a news report said.
India's Oil and Natural Gas Corporation plans to tap the debt market for the first time, an opportunity that may be hard to pass up for bond bulls.
The German government has accused Vietnamese intelligence services of involvement in what it called the kidnapping in Berlin of a former Vietnamese oil executive.
Total is in talks with Myanmar to supply the country’s most populous city, Yangon, with liquefied natural gas.
India approved the sale of a $4.6 billion stake in state-run refiner Hindustan Petroleum Corp. to the country’s biggest oil and gas explorer, according to a person with knowledge of the decision.
India has ordered a trio of firms, including Shell, to pay a combined $3billion fine following arbitration, a news report said.
ExxonMobil has pulled the plug on talks about the East Natuna gas block in Indonesia, a news report said.
Aberdeen-headquartered oil services firm Xodus Group will carry out exploration and appraisal work in India over the next two years.
Malaysian company Yinson Holdings has sold 26% of its West Africa production subsidiary to a consortium of Japanese companies.
Eight people have died and 35 more were injured following a gas pipeline explosion in China’s southwest province of Guizhou on Sunday.
China New Energy posted a profit of £400,000 last year, reversing the previous year’s net loss of £2.7 million.
Vantage Drilling has received a letter of award for a three year contract worth about $118 million from the Oil and Natural Gas Company.
Canadian firm Niko Resources is to appeal a decision against it by an arbitration panel in relation to work in the Hazira field off the west coast of India.
Energy Drilling Management has signed a memorandum of understanding which will see the company acquiring exclusive marketing and operating rights to two newbuild drilling rigs.
India’s Oil and Natural Gas Corporation (ONGC) has matched its own pre-monsoon rig move record set last year offshore India.
Italian energy company Eni has signed an agreement to renew the conditions for the transfer to Eni of 50% of the subsoil use rights in the Isatay block in the Caspian Sea off Kazakhstan.
Eni has carried out is first shipment of LNG produced from its Jangkrik field in Indonesia.
DNV GL and Goldwind International have signed a memorandum of understanding (MoU) to work together to improve the Chinese firm's software.
London-listed Greka Drilling has won a three-year drilling contract to drill Oil & Natural Gas Corporation's Bokaro coal bed methane asset in India.
China’s ambitions to dominate new energy technologies are unfolding at the site of an abandoned coal mine about 300 miles (483 kilometers) northwest of Shanghai.
Italian energy company Eni has kicked off gas production from its Jangkrik fields offshore Indonesia.
ExxonMobil has agreed to buy a petrochemicals plant in Singapore from Jurong Aromatics Corporation.
The Asian Development Bank (ADB) will provide a $500million loan to support the Shah Deniz 2 gas project in the Caspian Sea, the Azeri finance ministry said.