Latest Hydrocarbons News & Updates

New Delhi, June 5 (IANS) State-owned Maharatna company Oil India Limited on Friday announced a fresh discovery of natural gas in its third exploratory well in the Andaman shallow offshore block, marking another significant indication of hydrocarbon presence in the region.The company said the Vijayapuram-3 (Loc. OAEB) well, drilled under the Offshore Andaman Block AN-OSHP-2018/1 as part of the Open Acreage Licensing Policy (OALP), is located around 15 kilometres off the east coast of the Andaman …

New Delhi, June 4 (IANS) India- Oman Comprehensive Economic Partnership Agreement (CEPA) carries strategic value beyond trade by offering mechanisms to mitigate risks tied to the Strait of Hormuz, a report has said.Oman’s unique geographic position, stretching from the Arabian Sea to areas adjacent to the Hormuz choke point, and its port and logistics infrastructure provide India with alternative maritime access points, the report from India Narrative said.”This also allows New Delhi to engage…

Guwahati, March 2 (IANS) Assam Chief Minister Himanta Biswa Sarma on Monday said the state has emerged as a fast-expanding industrial hub, moving far beyond its traditional identity as a tea-producing region. In a post on social media platform X, CM Sarma said that while Assam continues to be a major producer of tea, its industrial base has significantly diversified in recent years, spanning sectors ranging from semiconductors and hydrocarbons to manufacturing, hospitality and allied industries….

Davos, Jan 21 (IANS) Assam Chief Minister Himanta Biswa Sarma on Wednesday said the state’s participation at the World Economic Forum (WEF) Annual Meeting in Davos as part of “Team Bharat” reflects India’s evolving growth narrative, where every region is now positioned as a credible destination for global investment. Speaking to the media after concluding his engagements at Davos, Sarma said Assam’s presence at the global platform underlined India’s transition towards balanced and in…