Iran
India has right to 30% stake in Iranian gas field
Oil & Gas
October 18, 2021
India has right to 30% stake in Iranian gas field
An Indian consortium led by ONGC Videsh Ltd contractually has a right to take a 30% interest in the Farzad-B…
Afghanistan to sell defaulters property to pay power bills
Power
October 8, 2021
Afghanistan to sell defaulters property to pay power bills
De Afghanistan Breshna Sherkat (DABS), the country's electricity utility, has decided to sell the estate of its debtors so that…
India seeks reasonable price from oil producers
Oil & Gas
July 28, 2021
India seeks reasonable price from oil producers
India has asked crude oil producers, including OPEC, to price oil at reasonable rates and to provide better commercial terms…
Crude Oil increases towards $72 on demand prospects
Oil & Gas
June 5, 2021
Crude Oil increases towards $72 on demand prospects
Oil rose towards $72 a barrel on Friday, trading close to a two-year high as OPEC+ supply discipline and recovering…
Indian refiners set to make room for Iranian oil
Oil & Gas
May 19, 2021
Indian refiners set to make room for Iranian oil
Indian refiners, anticipating a lifting of US sanctions, plan to make space for the resumption of Iranian imports by reducing…
ONGC Videsh loses its discovered Farzad-B gas field in Iran
Oil & Gas
May 18, 2021
ONGC Videsh loses its discovered Farzad-B gas field in Iran
India on Monday lost the ONGC Videsh Ltd discovered Farzad-B gas field in the Persian Gulf after Iran awarded a…
Iran calls Natanz atomic site blackout, nuclear terrorism
Power
April 12, 2021
Iran calls Natanz atomic site blackout, nuclear terrorism
Iran on Sunday described a blackout at its underground Natanz atomic facility an act of nuclear terrorism, raising regional tensions.
Oil prices climb as deep freeze shuts US oil wells
Oil & Gas
February 16, 2021
Oil prices climb as deep freeze shuts US oil wells
Oil prices rose as a cold front shut wells and refineries in Texas, the biggest crude producing state in the…
ONGC Videsh set to lose Farzad-B gas field in Iran
Oil & Gas
October 19, 2020
ONGC Videsh set to lose Farzad-B gas field in Iran
India has all but lost the ONGC Videsh discovered Farzad-B gas field in the Persian Gulf after Iran decided to…
Iran increases crude oil output at North Yaran
Oil & Gas
August 11, 2020
Iran increases crude oil output at North Yaran
The third generation of sucker-rod pump (SRP) was installed for the first time in West Karoun oil fields cluster at…