India

BMI View: Reliance Industries Limited (RIL) has closed down an eighth well in the KG-D6 block, reducing production to a rate of 7.1bcm yearly. Drops in production have been frequent... 2013-01-24

BMI View: The appointment of Veerappa Moily to the post of Petroleum and Gas Minister creates expectations that a substantive reform of the energy market could be in the cards. Strict... 2012-10-31

BMI View: Roadshows to attract potential investors to the TAPI pipeline project have reportedly received a good response from industry majors and prominent global financiers alike.... 2012-10-08

BMI View: The long-term LNG supply agreement between Gail and Gazprom will allow the latter to support diversification away from reliance on gas exports to Europe. However, with India... 2012-10-03

BMI View: After a prolonged delay, a declaration of commerciality from the Indian government paves the way for the production from new blocks in the country's troubled KG basin. While... 2012-08-09

BMI View: India's review of its existing model for production sharing contracts is to be welcomed. However, there is a high likelihood that this will produce a PSC that fits the government's... 2012-07-09

BMI View: We forecast an 18% fall in Iranian oil exports this year in the face of current and forthcoming Western sanctions. In an effort to not violate these sanctions, India's state-owned... 2012-06-20