BP sees $6 billion in gas investments in India
British energy company BP said Thursday it signed off on the development of deepwater gas projects in India for a total investment of $6 billion. “These new developments will produce Continue Reading
OPEC defends oil industry in India
The legacy of oil refining in India, one of the world’s largest economies, shows the industry can develop with little risk to the climate, OPEC’s leader said. Mohammad Barkindo, the Continue Reading
India needs broad-based energy support, IEA says
The Indian economy needs a balanced energy sector where growth in renewables is complemented by deeper invests in exploration and production, the IEA said. IEA Executive Director Faith Birol has Continue Reading
Aramco Inks $44 Billion Downstream Deal In India
The refinery portion, to be located on India’s West Coast, will be able to refine 1.2 million barrels per day, and goes a long way towards satisfying both India’s and Continue Reading
India’s misguided war on solar panel imports
In the hinterlands of eastern Uttar Pradesh and Bihar in the Indian heartland, there are few reasons for optimism. Trains wind their way across the plains at speeds barely improved Continue Reading
BP pegs gas strategy to growth in India
British energy company BP says natural gas operations in India, one of the fastest growing economies in the world, is part of a long-term strategy. The British energy company is Continue Reading
BP Bets Big On India
BP expects up to a tenth of its total earnings to come from India over the next ten years, but not from oil: the company will focus on natural gas, Continue Reading
BP sees 5-10 percent of global earnings from India
Oil giant BP Plc expects almost a tenth of its global earnings from India over the next decade as it bets big on natural gas output, marketing and renewable initiatives Continue Reading
SoftBank, China’s GCL team up for $930 million Indian solar venture
SoftBank Group Corp has agreed to launch a $930 million Indian joint solar energy venture with Chinese firm GCL System Integration Technology Co Ltd as part of its ambitious India Continue Reading
India’s Reliance Sells Texas Shale Assets For $100MM
Reliance Industries Ltd said on Tuesday its unit would sell some of its shale assets in the United States to privately held Sundance Energy Inc for $100 million, as the Continue Reading