Latest news
Gamesa to enlarge its activity in over 3 years
Gamesa, the major Spanish wind energy company announced the increase of its India operations by 25 per cent of its total sales by 2014 as it expects a double growth in the domestic market over the next few years.
read more... 10/03/2011
BP to buy a $7.2 billion stake in India’s Reliance Industries
The British oil giant BP declared on Monday that it is interested in buying a stake in oil and gas blocks into India’s Reliance Industries. The total amount of the transaction is estimated to around $7.2 billion and with this acquisition BP hopes to gain a significant position in the Asian country after the Gulf of Mexico oil spill.
read more... 22/02/2011
Italian oil tanker attacked by five pirates
The Italian oil tanker, Savina Caylin was captured by pirates in the Indian Ocean on Tuesday with a crew of five Italians and 17 Indians on board.
read more... 09/02/2011
Indian Oil to build an oil and gas refinery in Turkey
Jyotiraditya Scindia, the minister of state, commerce and industry declared on Friday that Indian Oil Corporation (IOC) plans to build an oil and gas refinery with a yearly processing capacity of 15 million tons in Turkey.
read more... 07/02/2011
Gazprom signs a 2 year LNG sales-purchase agreement with Gujarat State Petroleum
Gazprom Marketing & Trading Ltd (GM&T) branch in Singapore and India’s Gujarat State Petroleum Corporation (GSPC) have concluded an agreement for the sale and purchase of Liquefied Natural Gas (LNG).
read more... 12/01/2011