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Cabinet Greenlights MoU Between India and Bhutan for Supply of Petroleum Products

This MoU focuses on the General Supply of Petroleum, Oil, Lubricants (POL), and related products from India to Bhutan.

Oil | March 15, 2024 | By Abha Rustagi | 1026

Oil India to Launch Global Partner Roadshow 'Confluence' in Abu Dhabi

With production targets of 4 million metric tons of oil and 5 billion cubic meters of gas annually by fiscal year 2026, OIL aims to position itself as a major player on the global energy stage.

Oil | February 27, 2024 | By Abha Rustagi | 1254

Oil India Limited Initiates 1 MW Green Hydrogen Project in Himachal Pradesh

According to the tender guidelines, potential bidders are required to submit proposals along with an INR 13.5 million earnest money deposit (EMD).

Oil | December 27, 2023 | By Abha Rustagi | 1534

HNRC Acquires Additional Interest in Cunningham Energy

Houston Natural Resources Corp announced that it extended its Letter of Intent to acquire additional interest, for up to 100% interest, in Cunningham Energy, LLC on or before December 31, 2022.

Oil | October 18, 2022 | By News Bureau | 1954

Honeywell Sets up Global Solutions Command and Control Center in India to Offer 24/7 Support to its Oil & Gas Customers Worldwide

Honeywell has launched its first Global Solutions Command and Control Center (GSCCC) in Gurugram, India to offer 24/7 proactive remote monitoring and technical support for its oil and gas sector customers worldwide.

Oil | September 20, 2022 | By Manu Tayal | 2856

Shell to Sell Interest in Aera Energy to IKAV

Shell Offshore Inc., a subsidiary of Shell plc, has agreed to sell its 100% interest in Shell Onshore Ventures LLC which holds a 51.8% membership interest in Aera Energy LLC to IKAV for a total consideration of approximately $2 billion in cash with additional contingent payments based on future oil prices, subject to regulatory approval.

Oil | September 02, 2022 | By News Bureau | 1727

Industrial Solar Signs Cooperation Agreement with Libyan Partners

CISH’s subsidiary Industrial Solar has signed an agreement with WAFER Energy and Technology, and Dabussia General Contractors to work together to bring solar technologies and services to the country’s growing industrial sector.

Oil | August 26, 2022 | By News Bureau | 1877

Indian Automobile Industry Thanks the Government for Continuous Expansion of CNG Stations Pan India

In line with the Hon’ble Prime Minister’s vision of Gas Based Economy as one of the pathways for carbon neutrality and fostering sustainable mobility, the Indian Automobile Industry is dedicated to manufacturing factory fitted CNG vehicles that would reduce air pollution and carbon emissions and support the economy by reducing the oil import burden.

Oil | July 18, 2022 | By News Bureau | 1859

Amplus Solar Signs MoU to include Tata Motors’ Ace EV in its Clean Mobility Fleet

Oil & gas major Petronas Group member company Amplus Solar said that its electric mobility vertical has signed a Memorandum of Understanding (MoU) with $34 billion automotive major Tata Motors Ltd for procurement of Ace EV, to strengthen the former’s fleet with clean mobility solutions.

Oil | June 09, 2022 | By Manu Tayal | 2077

Shell Signs Production Sharing Contract for Atapu Field in Brazil

Shell Brasil Petróleo Ltda., a subsidiary of Shell plc, signed the Production Sharing Contract (PSC) to formally acquire a 25 percent stake of the Atapu field.

Oil | April 28, 2022 | By News Bureau | 2216