India Oil and Gas

SIBUR expects to launch production in India in 2018

SIBUR expects that the launch of production of butyl rubbers at Reliance Sibur Elastomers Private Limited, a joint venture with Indian oil and gas company Reliance Industries Limited (RIL), will ta

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Rosneft considers possibility to organize petrochemical production in India

Rosneft has considered the possibility of organizing petrochemical production at the Essar refinery in India, head of the company Igor Sechin said in an interview with the Rossiya 24 television cha

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India refuses to buy stakes in 5 Siberian fields from Rosneft

The consortium of Indian companies refused to buy out stakes in five fields in the Vankor cluster in Eastern Siberia from Rosneft.

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The issue of the division of production from the Sakhalin-1 deposit will be decided by 2021.

The issue of extending the production sharing agreement (PSA) from the Sakhalin-1 field would be decided by 2021, the Governor of the Sakhalin Region Oleg Kozhemyako announced within the fram

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Rosneft closes deal on purchase of Vadinar refinery

Rosneft, which together with UCP and Trafigura closed the deal to buy 98% of the large Indian refinery Vadinar, is going to increase its capacity by 20% in the next five years to 24 million tons.

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Rosneft closes deal on purchase of 49% of Indian Essar Oil

Rosneft has completed the acquisition of a stake in the Indian oil company Essar Oil.

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Pakistan plans to receive the first Turkmen gas via TAPI in 2020

Pakistan plans to receive the first Turkmen gas in 2020. This was announced by the Pakistani Minister of Oil and Natural Resources Shahid Hagan Abbasi.

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Gazprom may use Power of Siberia-2 for swap supply of gas to India

Gazprom may use the Power of Siberia-2 gas pipeline for swap gas supplies to India, Gazprom’s head Alexei Miller said at the press conference.

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Rosneft to increase oil processing by 20 mln tons after joining to Essar

"Yesterday, a legal decision on the guaranteed entry of Rosneft into Essar was registered.

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Gazprom studies possibility of swap operations with China and Iran in the framework of gas supplies to India

Gazprom hasn’t ruled out the possibility of swap deals with China and Iran in the framework of gas supplies to India.

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