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India

Other News

India on track to seal deal for nuclear reactors

India said it was on track to seal a deal next year with Westinghouse Electric Co LLC to build six nuclear reactors. The move is seen as a sign the country’s $150billion nuclear power programme is getting off the ground.

Other News

Modi seeks to curb gas subsidies to contain India budget gap

India will offer cooking gas subsidies only to citizens with taxable incomes of less than 1 million rupees ($15,000) a year, part of Prime Minister Narendra Modi’s plan to sustainably curb Asia’s widest budget deficit. The more than 163 million consumers can voluntarily declare their eligibility starting Jan. 1, the Oil Ministry said in a statement on Monday. It didn’t announce steps to enforce the decision.

Oil & Gas

Oilex boosts production from Cambay field

Oilex said production from its Cambay-77H well in India has been boosted by an additional 51 barrels since start-up 10 days ago. The company said the most recent estimate shows initial production has now reached 715 barrels of oil equivalent. Earlier this month Oilex said it would continue its workover of its Cambay field in India.

Other News

India’s top court issues truck restrictions to tackle New Delhi pollution

India’s leading court has ordered a temporary ban on the sale of large diesel vehicles in and around New Delhi and slapped a stiff levy on trucks entering the capital as it struggles with record pollution. The Supreme Court also banned the entry into New Delhi of trucks over 10 years old and trucks travelling through the city.

Health, Safety & Environment

Search continues for pilots after helicopter crashes offshore India

A helicopter has crashed into the Arabian Sea shortly after take-off from an offshore installation owned by ONGC (Oil & Natural Gas Corporation). Two pilots are said to be missing after the helicopter,owned by India’s Pawan Hans,crashed. An Indian defence spokesman said debris has now been recovered including what appears to be the aircraft's door and some other debris.

Other News

Saudi Aramco foils attempted fraud

Oil giant Saudi Aramco said an attempted fraud which allegedly targeted its trading unit as well has India's Oil and Natural Gas Corp (ONGC) has been foiled.