The biggest deal was signed by public sector oil marketing company IOC. It inked an agreement to import LNG from UAE's Abu Dhabi National Oil Co.
Ashu Shinghal, managing director of MGL, said that when the sector opens under the Act, they will get at least a 12 per cent return on their investment
Vedanta-backed firm plans to rope in global players for offshore drilling
Widened sanctions on Moscow by western countries including the United States have roiled global oil trade and forced buyers of discounted Russian crude to find new ways to maintain their purchases
Harnessing AI and digitalisation to reach the new frontier for cleaner energy session engages audience
"This development marks a major milestone in the ongoing efforts to diversify India's crude oil sources and strengthen energy cooperation with Brazil," BPCL said in a statement
This marks the first such strategic investment by a government-owned company in the Indian renewable energy sector
The EPC major has received Rs. 190 crore of orders from UAE's ADNOC in FY25
Some are existing outfits that have not been impacted by the punitive measures, while others are newly created, replacing those that are now off-limits
India Energy Week 2025 kicked off with a dynamic start, bringing together a diverse mix of industry leaders, eminent personalities, and organisations from the energy sector.
The deal with the Indian state-owned firm was announced on the sidelines of India Energy Week, and amounts to six LNG cargoes per year destined for mostly industrial customers
Key Insights from the India Energy Week 2025 Panel on HSE
The transition to a clean energy future is becoming increasingly urgent, and green hydrogen is fast emerging as a cornerstone of the said transition.
19 large offshore blocks part of 25 on offer; India is keen to attract foreign bids this time
Russia which has been facing increased sanctions from the Global North post the Ukraine war thanked India for the partnership (on oil purchase)