News

OVER the past 12 months, the global oil and gas sector has faced a complex business landscape, driven by fluctuating market ...
In exploration and production, Indian Oils domestic portfolio includes 11 oil and gas blocks and two coal ... of Venezuela in consortium with Repsol, Petronas, ONGC Videsh Ltd. and Oil India ...
Block I lies in the Caspian Sea and currently produces about 400 MMcfd of natural gas with access to over 7 tcf of natural gas resources and future opportunities for production capacity expansion, ...
A growing dispute over regulatory control in Sarawak’s gas sector has escalated into a national concern, with state demands ...
The agreement grants XRG a 38 per cent participating interest in the offshore “Block I” gas and condensate fields located in ...
The block hosts Petronas Carigali's flagship Duyong field that was discovered in 1970 approximately 220 kilometres offshore Terengganu in a water depth of 73.6 metres. First gas from Duyong flowed ...
May 12—Hilcorp has bought out one of the last small independent natural gas operators in the Cook Inlet basin outside of Anchorage — furthering consolidation among the companies that supply ...
Under the terms of the PSC, PETRONAS will hold a 57% operating interest in Block I, while XRG will take a 38% stake. The ...
and piped cooking gas, is intended to help the government prioritize national interests and ensure public welfare during emergencies. The producer of oil and natural gas will be paid a "fair ...
Multinational oil marketing companies (OMCs) have lined their pockets with billions in profits from the sale of tax-free cooking gas even as consumers pay higher prices for the liquefied petroleum gas ...