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Top related persons:
Amit Dave - 1 ONGC Videsh - 1 Vladimir Putin - 1 Videsh - 1 Rajarshi Gupta - 1 ONGC - 1 Gupta - 1 Japan's - 1
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Ahmedabad India Rights CALGARY , Alberta Sakhalin Russia's Far Calgary Canada Ukraine
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Gas - 1 REUTERS - 1 Rights - 1 Natural Gas Corp - 1 Exxon Mobil - 1 World Petroleum Congress - 1 Thomson - 1

Search resuls for: "Rajarshi Gupta"


2 mentions found


☆ India's ONGC willing to wait to regain oil from Russian project
  + stars: | 2023-09-19 | by ( Rod Nickel | Thomson Reuters | Covers Energy | ) www.reuters.com   time to read: +3 min
The logo of Oil and Natural Gas Corp's (ONGC) is pictured along a roadside in Ahmedabad, India, September 6, 2016. Russian President Vladimir Putin last year removed an Exxon Mobil subsidiary as operator of the Sakhalin-1 oil and gas project in Russia's Far East and transferred it to a new operator. Western governments have slapped sanctions on Russian oil over the war in Ukraine, which Russia calls a special military operation. It is difficult to secure insurance and shipping to transport Russian oil, Gupta said, and such shipments must abide by an international price cap. ONGC accounts for about two-thirds of India's oil production and about 58% of its gas output.
Persons: Amit Dave, ONGC Videsh, Vladimir Putin, Videsh, Rajarshi Gupta, ONGC, Gupta, Japan's, Rod Nickel, David Gregorio Our Organizations: Gas, REUTERS, Rights, Natural Gas Corp, Exxon Mobil, World Petroleum Congress, Thomson Locations: Ahmedabad, India, Rights CALGARY , Alberta, Sakhalin, Russia's Far, Calgary, Canada, Ukraine, Russia, Calgary , Alberta
☆ Indian energy company ONGC Videsh eyes oil, gas 'hot spots' in Africa, Latin America
  + stars: | 2023-02-08 | by ( Nidhi Verma Shariq Khan | Nidhi Verma | Shariq Khan | ) www.reuters.com   time to read: +2 min
The company already has a presence in both continents through stakes in projects in Mozambique, Brazil and Venezuela among others. "It's better to invest in bigger hot spots where you can get larger discoveries... Africa and Latin America still hold a lot of potential. Some of the hydrocarbon assets in Africa and Latin America hold large volumes, he said, adding his company is also looking for assets in southeast Asia and Middle East. OVL currently has a stake in 32 oil & gas projects in 15 countries, spanning projects in various phases, including exploration, development, producing and pipelines. Gupta said current production at Sakhalin 1 is about 150,000 barrels per day and the production would rise to 200,000 bpd by June.
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