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India & Pakistan Oil & Gas News is an EIN News Service for oil and gas industry professionals. Constantly updated news and information about India & Pakistan Oil & Gas.
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Latest India & Pakistan Oil & Gas News

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  • Turkish-Iranian Ties Strengthen Ahead of Ahmadinejad Visit 7 Nov 2009 14:10 GMT
    ... Minister announced a deal to explore natural gas in Iran's South Pars basin. On October 28, ... Turkish Energy Minister Taner Yildiz and Iran's Oil Minister Masoud Mirkazemi signed an agreement on ... Transgas, Bulgaria's Bulgargaz and Turkey's BOTAS (Turkey's petroleum pipeline corporation). Turkey is pivotal because the ...

  • IPI gas talks to resume on 16th 7 Nov 2009 03:55 GMT
    ... differences on the delivery point of the gas. "They (Iran) have said that the delivery point ... we don’t agree with it," the Union petroleum minister, Mr Murli Deora, told this newspaper. ... meeting of the Indo-Iran working group on oil and gas. "The meeting is proposed to ...

  • GAIL in talks with oil majors to form SPV 7 Nov 2009 11:10 GMT
    ... Gas Authority of India (GAIL) is in discussions with ... in discussions with public and private sector oil companies, such as ONGC, Oil India, HPCL, ... (SPV) for developing an integrated refinery and petrochemicals plant in India and overseas markets, reports ...

  • Commodity Trends:Gold shines so does gold guinea 7 Nov 2009 12:11 GMT
    ... 317 per kg in the coming week. Oil prices touched a high of $81.06/bbl this ... decline in inventories coupled with optimism that fuel demand will increase helped support upside. The ... the US economic data, dollar movement and crude oil inventories. The bulls will entirely depend ...

  • India not ready for carbon emission targets: Prime Minister 7 Nov 2009 02:16 GMT
    ... New Delhi, Nov 7 (IANS) With just a ... quantify its carbon emission targets, but would explore that possibility. "We have not reached that ... identified the costs of mitigation (of greenhouse gas emissions). We need 100 billion euros by the ...

  • India's Exports Decline for 12th Consecutive Month to $13.6 Billion 7 Nov 2009 06:10 GMT
    ... India's merchandise exports fell for the 12th straight month this ... billion in the like period last fiscal. Oil imports during September stood at $6.34 billion, 33.5 ...

  • Gold prices hit record high 7 Nov 2009 01:01 GMT
    ... a report that Sri Lanka had joined India in buying the precious metal in favour ... bolster its finances. Gold and other commodity prices have surged in recent months amid a ... states may stop using the greenback for oil trading. The metal is also winning support from ...

  • The First Exporters Forum to bolster UAE exports 7 Nov 2009 09:02 GMT
    ... 's total non-oil exports increased to Dhs60.36bn over Dhs36.26bn in 2007, ... 57.5% compared to 2007. Meanwhile, in 2008, India was Dubai's top destination for its direct ...

  • U.S. Economy, Investors Say No Worries Mate 7 Nov 2009 09:31 GMT
    ... of insolvencies is showing the opposite. If oil drives the world economy then there is ... the growing countries to rise – thereby fuelling a rise in domestic costs of living; ... though several seem to be in the pipeline in the USA. Right now, our political ...

  • Class is now in session 7 Nov 2009 01:34 GMT
    ... Friday's US jobs report to yield further fuel for what has now become a routine ... the ushers at the MGM Grand in Vegas handed you a wad of $100 bills ... from this year’s low on March 9. Oil passed $80 a barrel on Oct. 21 ...

  • Making cleaner power pay off 7 Nov 2009 13:31 GMT
    ... resubmit applications for carbon credits on four oil and natural gas projects illustrated some of the inherent challenges ... including the project’s capital costs, maintenance and fuel costs for a backup natural-gas turbine, according ...

  • Stances on Copenhagen 7 Nov 2009 13:04 GMT
    ... Al Sabban, Saudi Arabia's lead negotiator 8/10/09 Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, UAE Opec and Saudi Arabia seeking financial aid for oil-producers if new agreement requires cuts of fossil fuels Keen on a deal that would advance use of carbon capture and storage In 2007 ...

  • For first time, analysts differ on RIL's earnings growth prospects 7 Nov 2009 05:15 GMT
    ... MUMBAI, India, Nov 06, 2009 (The Economic Times ... chairman Mukesh Ambani's brother Anil Ambani over gas off the Krishna-Godavari, slumping refining margins and how ... discoveries, the share price appears to reflect exploration upside of Rs 679 per share," BofAm ...

  • Jura Energy Corporation - Financial Analysis Review By Bharatbook.com 7 Nov 2009 13:01 GMT
    ... market report catalogue for reselling. Jura Energy Corporation (Jura Energy) is a Calgary based oil and gas company. The company is engaged in oil and gas exploration and development projects in Pakistan. The company''s operations are focused in the Central Gas ...

  • Kuwait cuts naphtha term offer in surprise move 7 Nov 2009 06:01 GMT
    ... 11/7/2009 8:30:40 Source ::: REUTERS SINGAPORE: Kuwait Petroleum Corp (KPC) has for the first time ... move could affect rival Abu Dhabi National Oil Co’s (ADNOC) ongoing term talks, as it usually ... Crack spreads - premiums/losses from refining Brent crude into naphtha - was at $95.95 a ...

  • The Evil Empire 7 Nov 2009 06:54 GMT
    ... The U.S. government is now so totally under ... Afghanistan had to do with the natural gas deposits in Uzbekistan and Turkmenistan. The Americans wanted ... Uzbekistan and Turkmenistan. The Americans wanted a pipeline that bypassed Russia and Iran and went ...

  • BMO going where others fear to go 7 Nov 2009 00:16 GMT
    ... the industries it knows best, including mining, oil and gas, as well as food and agriculture. “Our biggest ... of India's land mass has been geologically explored. However, developing new mines has proven exceedingly ...

  • With onset of winters, state faces LPG shortage 7 Nov 2009 02:13 GMT
    ... LPG Distributor Federation, said, "The use of gas geysers has increased, thus increasing the demand and ... and causing delay. The supply from the oil companies, however, is normal with an exception ... is normal with an exception of Hindustan Petroleum." Different oil companies cater to more than ...

  • SOCIAL IN BRIEF 7/11 7 Nov 2009 06:52 GMT
    ... The Canadian government has decided to provide US$850,000 ... localities. Speaking at the conference, Marjatta Tolvannen Ojutkangas, a representative from UNICEF, said that around 20 ... arrested the manager of an LPG (liquid petroleum gas) trading company to investigate his involvement ...

  • In rare move, govt shortlists pvt firm official for PSU board 7 Nov 2009 00:52 GMT
    ... In an unusual trend, the Union government, through the petroleum ministry, has recommended an employee of a ... Singh is director, business development, at British Gas Group — a leading player in the global ...

  • Seeing the Glass Half Full Despite the Day's Reports 7 Nov 2009 01:10 GMT
    ... up 0.3 percent and the DAX in Germany climbed 0.1 percent. The price of crude oil decreased to $77.43 a barrel, down $2.19 from Thursday. ...

  • Stocks and Bonds: Seeing the Glass Half Full Despite the Day's Reports 7 Nov 2009 12:15 GMT
    ... up 0.3 percent and the DAX in Germany climbed 0.1 percent. The price of crude oil decreased to $77.43 a barrel, down $2.19 from Thursday. A version of this article appeared in print on November ...

  • Overview: Central banks calm nerves 7 Nov 2009 03:54 GMT
    ... up 4.6 per cent over the week. Oil prices were little changed on the week after ... down 3.1 per cent to $77.14 a barrel, up just 0.1 per cent for the ...

  • News in brief: UAE keen on investing in Karnataka 7 Nov 2009 02:16 GMT
    ... United Arab Emirates(UAE) is keen to invest in ... visiting the state on November 10 to explore investment opportunities. This was disclosed by the ... said at the golden jubilee celebrations of Gas Turbine Research Establishment (GTRE) here today. He expressed ...

  • 'Stronger rather than weaker' 7 Nov 2009 06:16 GMT
    ... research firm. Explosive growth in China and India, coupled with Japan's clout as the world's ... percent. Already, demand from China can affect oil prices, and it is starting to influence what ...


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