India

The Indian government is considering imposing a windfall tax on companies that have discovered oil in the country, according to a report in the Economic Times.

State-controlled Myanmar Oil and Gas Enterprise (MOGE) and Russia's Nobel Oil have signed a production sharing agreement (PSA) for the joint exploration of two onshore blocks... 2008-09-11

The Indian government has approved a bid by the country's state-run Oil and Natural Gas Corporation (ONGC) to acquire UK-listed Imperial Energy, according to India's Business... 2008-08-21

China Petroleum & Chemical Corporation (Sinopec) has made an approach to UK-listed Imperial Energy.

Several Indian oil companies including Reliance Industries, Essar Oil, Videocon Group, Gujarat State Petroleum Company (GSPC), Bharat Petroleum Corporation Ltd (BPCL),... 2008-07-14

Indian oil companies may invest up to US$2.5bn to secure stakes in Canada's tar sands projects, according to India's oil secretary M. S. Srinivasan, speaking at the 19th World Petroleum... 2008-07-04

Iran is likely to award the development rights of the gas find at the Farsi Block to an Indian consortium led by ONGC Videsh Ltd (OVL), according to Iranian oil minister Gholam... 2008-07-02

India has announced that it is re-thinking plans to join the proposed Turkmenistan-Afghanistan-Pakistan-India (Tapi) pipeline due to gas price concerns.

The Indian government has released the results of the seventh round of its National Exploration Licensing Policy (NELP VII), in which 57 exploration blocks were offered.

India's leading upstream exploration company Oil and Natural Gas Corporation (ONGC) has discovered an oilfield on its Farsi Block in south-west Iran, according to an Iranian official.... 2008-06-30