India’s Infinite Mining & Energy has leased a 200,000 square feet land plot from Sharjah’s Hamriyah Free Zone Authority (HFZA) to build a multifunctional oil refinery. The new facility will have a processing capacity of 10,000 barrels/day and an annual refining capability of up to 3.6 million barrels, HFZA said in a statement. No details […]
India
Posted inNews
Cairn Oil & Gas portfolio surpasses one billion barrels
Cairn Oil & Gas, a subsidiary of Vedanta Resources owned by billionaire Anil Agarwal, has announced that its reserves and resources portfolio in India has surpassed 1 billion barrels of oil equivalent (boe), media reports suggested. This milestone comes as the largest private oil and gas company in India has identified 20 new development projects […]
Posted inNews
US eyes major railway project to link UAE, Saudi Arabia and India
US National Security Advisor Jake Sullivan recently met with heads of UAE, Saudi Arabia and India in Riyadh, lending credence to a report that the three Asian countries are getting together to create a major railway network, Arabian Business reported. American news website Axios, on Friday reported that the US is discussing plans for the railway network, […]
Posted inNews
What controversy? Indian giant Adani doubles profits despite Hindenburg attack
Indian multinational giant Adani Enterprises’ latest quarterly profit more than doubled, dodging a fraud attack earlier this year that wiped out $133 billion of the company’s market value. The Ahmedabad-based company’s net income increased during the first quarter to $88.2 million, the company reported in an exchange filing on Thursday. “These exceptional results also highlight our consistent […]
Posted inEnergy Transition
India approves $2.4 billion hydrogen plan
Green hydrogen is emerging as a future alternative to fossil fuels
Posted inPeople
India successfully trains over 120,000 prospect Gulf migrant workers
The training program “enhances the intending migrants” understanding of local rules and regulations in the destination country
Posted inADIPEC
ADIPEC: ADNOC, India’s GAIL explore LNG supply and decarbonisation opportunities
ADNOC and GAIL will seek opportunities to broaden commercial partnership and focus on lower carbon energy supplies through the MoU signed at ADIPEC
Posted inADIPEC
ADIPEC: India’s Union Minister Hardeep Singh Puri attends ADIPEC opening ceremony
“All the major oil entities – some of them have very advanced arrangements with companies in India, and others are coming in,” noted HE Hardeep Singh Puri
Posted inPartnership
Saudi Arabia, India to lay 1,600 km long underwater cable
The Kingdom of Saudi Arabia and India may soon be connected by submarine cables, creating a renewable energy grid as both countries explore a cross-country project being undertaken to extend a new era of energy diplomacy, Indian local media reported on Friday. As per media reports, the cost of the project could be between $15 […]
Posted inExploration & Production
India eyes major oil and gas boost; offers 26 blocks in mega offshore bid
The Directorate General of Hydrocarbons (DGH), India’s upstream regulator, said earlier this week that India will offer 26 blocks or areas for finding and producing oil and gas in a mega offshore bid round. At the same time, India is also offering 16 areas for prospecting for coal-bed methane in a separate bidding round. “Government […]
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