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Thai Bid for Myanmar's Natural Gas
(August 01, 2006)
Despite intense pressure from the US not to
deal with Myanmar, Thailand’s largest energy
firm PTT Plc has bid to compete with India
and China for exclusive rights to harness
the abundant natural gas in the northwestern
areas of the military-run nation.<More>
India Buys Power from Bhutan
(August 01, 2006)
India signed an agreement
with Bhutan to buy power
from the 1020 megawatt (MW)
Tala hydro-electric project,
the largest bilateral
cooperation project funded
by India in a foreign
country, which is also the
framework for future
hydro-electric cooperation.<More>
Iran Gas Deal is “Difficult”
(July 26, 2006)
India’s grand plans to source gas from Iran to meet its energy needs has
been shattered with Iran’s Foreign Minister Manouchehr Mottaki saying there
were “difficulties” in honoring the USD 22 billion contract to see Liquefied
Natural Gas (LNG).<More>
Lanka Allots Oil Blocks for India,
China
(July 12, 2006)
For the first time ever, the Sri
Lankan Government has invited India
and China to explore for oil in two of
the seven blocks identified for
exploration along its sea belt on a
“nomination” basis which means that
the two nations will not have to bid
on tenders.<More>
Gail Consortium Signs Oman Deal
(July 05, 2006)
A Gas Authority of India Limited
(GAIL) led consortium signed the
Exploration and Production Sharing
Agreement (EPSA) with The Government
of the Sultanate of Oman for Block 56
last week for exploration and
production of hydrocarbons.<More>
US, Pakistan Energy Talks
(June 28, 2006)
The US and Pakistan will be
talking about co-operating on
energy this week in Washington
with Pakistan expected to demand a
nuclear deal along the lines of
the civilian deal and the US
saying that the needs of the
sub-continent nations are
different.<More>
US Cautions India on Iran’s
Nuke Program
(June 22, 2006)
A key extremist politician
leading the US Congress
International Relations
Committee warned India to
act responsibly by not
supporting Iran’s nuclear
ambitions and not to
jeopardize Indo-US civilian
nuclear deal up for
discussions in the Committee
on June 27.<More>
Iran Threats Oil Disruption
(June 05, 2006)
In addition to its previous threats of
attacking Israel and occupied
coalition armies in Iraq and
Afghanistan, Iran responded to
bellicose statements from certain
American establishments and promised
to attack oil and natural gas ships if
it is attacked by the US. <More>
India wants TAPI
(May 19, 2006)
With a dead-on-arrival Iran-Pakistan-India (IPI)
pipeline, India signaled strong interest in the
Turkmenistan-Afghanistan-Pakistan-India (TAPI) project
that will transport natural gas for a severely energy
deficient and rapidly expanding India.<More>
Commies Say No to Oil Price Hike
(May 11, 2006)
Buoyed by the exit polls that predicted an ultra-left
victory in state elections, the communists vowed to
stop the Government from hiking oil prices that could
force oil companies to absorb a loss of over USD 16.5
billion or $13.5 billion for the exchequer.<More>
Sharp Increase in Wind Power Generation
(May 11, 2006)
Turbine manufacturers in India say that they
registered a 45% rise in installed wind power capacity
grew to 5,200 megawatt (MW) from 3,595 MW with
Tamil Nadu contributing a bulk of this capacity
addition of 870 MW.<More>
Two More Mega Power Projects
(May 8, 2006)
Power Minister Sushil Kumar Shinde said that India
would add two more 4000-megawatt (MW) mega power
projects one each for Andhra Pradesh and Orissa each
costing about USD 3.6 billion using a private-public
investment vehicle.<More>
Uzbek Allows Indian Oil Exploration
(April 28, 2006)
India and Uzbekistan reached a landmark deal
where the latter will allow Indian companies to
explore for natural gas that can then be shared
equally. <More>
ONGC Reveals Major Expansion Plans
(April 17, 2005)
The State-owned Oil and Natural Gas Corporation
Limited (ONGC) announced plans to create a mammoth
45.5 million tons (mt) refining capacity at a cost of
USD 12.5 billion that will spur it closer to its
vision of being a global player by 2009-10.<More>
Indo-EU Energy Initiative
(April 12, 2005)
On the heals of US and India announcing Indian
participation in
FutureGen project, the European and India are set
to explore alternate sources of energy as envisaged by
the recently-concluded First India-EU Business
Conference on Energy.<More>
ndia will be World’s Refinery Hub
(April 10, 2005)
Rising demand for energy, high price of oil, lack of
US & EU investments in refinery has created a space
for India, much like the business process outsourcing
sector, to become the world’s choice destination for
refining crude oil.<More>
India & US in Futuristic Energy Project
(April 05, 2005)
The United States has invited India to participate in
a futuristic private-public project, called the
FutureGen that will build a coal-based power
generation plant that will have zero carbon emissions
at a cost of USD 950 million.<More>
Energy Deficit India Sparks Mega Projects
(March 25, 2006)
Energy deficiency in India is seeing large investments
in mega projects in refinery, pipeline installations,
new power generation projects, power line grid
deployment, and even private sector nuclear plants.<More>
No Russia-China Accord on Pipeline
(March 22, 2006)
Visiting Russian President and his Chinese counterpart
Hu Jintao signed three pacts but failed to agree on a
pipeline to carry Natural Gas from Siberia to China.<More>
ONGC Pitches Brazil Stake
(March 20, 2006)
In a first ever foray into Brazil, Oil & Natural Gas
Corporation (ONGC) has pitched to acquire a 30% stake
in the Campos Basin oilfield valued at USD 400 million.<More>
Suzlon Buys Hansen for USD 656 for Wind Energy
(March 18, 2006)
Suzlon Energy Limited, makers of windmills, announced
the acquisition of the second largest wind energy and
industrial gear box maker, Belgium-based Hansen
Transmissions International NV for USD 565 million.<More>
Indo-Mauritius Hydrocarbon MoU
(March 14, 2006)
India and Mauritius signed a Memorandum of
Understanding (MoU) to explore for hydrocarbons off
Mauritius.<More>
ONGC, Mittal Energy JV?
(March 11, 2006)
Indian oil major Oil and Natural Gas Corporation (ONGC)
revealed plans to start a joint venture with steel
baron Lakshmi Mittal to buy energy stakes around the
work valued at USD 15 billion.<More>
Kalam to Iron out Myanmar Gas Deal
(March 09, 2006)
President Abdul Kalam is traveling to Myanmar and
would try to further the natural gas deal with that
country now stalled because of unsure transport
mechanism. <More>
Large Gas Reserve Find
(March 04, 2006)
A consortium of Oil and Natural Gas Corporation (ONGC),
Reliance Industries, and Great Eastern Energy
Corporation discovered 6 trillion cubic feet of gas
reserves below the coal seams. <More>
New Petro & Gas Regulatory Authority
(March 03, 2006)
Petroleum Minister Murli Deora introduced a new
Petroleum and Natural Gas Regulatory Board Bill in the
Rajya Sabha (Upper House of the Parliament) to create
a new regulator of downstream petroleum and natural
gas investments.<More>
55 Oil Exploration Blocks Offered
(February 24, 2006)
In the largest ever effort to attract investments in
oil and natural gas exploration, the Government is
offering 55 oil exploration blocks and 10 coal bed
methane blocks for bidding.<More>
LIC to invest in power plants
(February 09, 2006)
India revealed that it’s five mega coal power plant
plan will be financed by the Life Insurance
Corporation through Special Purpose Vehicles created
by the Power Finance Corporation.<More>
Largest Oil Exploration Tranche
(February 03, 2006)
In the largest ever tranche, India will offer 55 oil
blocks, mostly offshore, covering 300000 square
kilometers for exploration.<More>
US asks India Reconsider Syrian Investment
(January 30, 2006)
The United States submitted an aide mémoire seeking
India to reconsider its decision to invest in a Syrian
oilfield.<More>
Iran Withdraws from LNG Deal
(January 28, 2006)
Iran’s National Iranian Gas Export Corporation (NIGEC)
has said it will reserve the right to withdraw supply
of 2.5 million tons of Liquefied Natural Gas (LNG) if
the crude oil prices crosses USD $80 a barrel.
<More>
ONGC Invests 250 m in Sudan
(January 25, 2006)
ONGC Videsh Limited and Bharat Heavy Electricals
Limited (BHEL) have teamed up to invest USD 350
million in a 500 megawatt (MW) project in Sudan.<More>
Govt Plans More Power Plants
(January 18, 2006)
The Federal Power Ministry unveiled ambitious plans to
create several ultra mega power plants that can
generate 4000 mega watts (mw) at the cost of Rs.150
billion each.<More>
China Make Kazakh Oil Bid
(January 16, 2006)
China's top offshore oil producer Cnooc is making a
bid for obscure Canada based Nations Energy whose main
asset is a 50000 barrels a day in Kazakhstan.<More>
India, China Sign Oil and Gas Framework
(January 14, 2006)
Federal Petroleum Minister Mani Shankar Aiyar said
that India and China signed a framework that would
allow state-owned oil and gas companies can evolve and
submit joint bids for acquisition of assets overseas.<More>
Myanmar Pipeline Setback
(January 12, 2006)
In a major blow to Indian plans procure gas and
transport them through trans-national pipelines,
Myanmar has spurned an Indian offer in favor of
China.<More>
Govt Approves New Oil Project
(January 10, 2006)
The Government authorized the creation of a strategic
oil reserve project under the control of the federal
Oil Industry Development Board (OIDB).<More>
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