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India

Nidhi Verma

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

12:04am IST

Japan's Mitsui OSK targets 26 percent stake in Swan's Indian LNG unit

MUMBAI/NEW DELHI Japan's leading shipper Mitsui OSK Lines aims to buy at least a 26 percent stake in a floating storage regassification unit (FSRU) in India, a company official said, to boost its exposure in the west coast project of Swan Energy.

11 Sep 2017

ExxonMobil slashes LNG price to India in bad omen for producers

MELBOURNE/NEW DELHI India has won a price cut on a 20-year liquefied natural gas (LNG) deal with global giant ExxonMobil Corp in a rare contract renegotiation, a bad sign for producers in a heavily oversupplied global market.

10 Sep 2017

India renegotiates LNG deal with Exxon - oil minister

NEW DELHI India has renegotiated the pricing of liquefied natural gas (LNG) imported from Australia’s Gorgon project to make the imported fuel affordable to price-sensitive domestic customers, oil minister Dharmendra Pradhan said on Saturday.

06 Sep 2017

Essar Oil UK to spend $250 million upgrading Stanlow refinery

NEW DELHI/MUMBAI Essar Oil UK expects a $250-milion upgrade of its Stanlow refinery in northwest England to improve its basic profit margin by $1 a barrel as it will be able to process a greater variety of cheaper crude oils and raise output, its chief executive said on Wednesday.

04 Sep 2017

EXCLUSIVE - India to bid for Israel oil-and-gas exploration blocks: Dharmendra Pradhan

NEW DELHI/JERUSALEM Indian state-run Oil and Natural Gas Corp plans to bid for Israeli offshore oil-and-gas exploration blocks, India's oil minister told Reuters, the first major deal between the two countries since a groundbreaking trip by Prime Minister Narendra Modi in July.

27 Aug 2017

After deadly protests, Punjab and Haryana in lockdown for 'godman's' rape sentencing

NEW DELHI India is deploying thousands of riot police and shutting down internet services in two northern states, as it prepares for the sentencing on Monday of a self-styled 'godman' whose followers went on the rampage after he was convicted of rape on Friday.

20 Aug 2017

Rosneft, partners to announce acquisition of India's Essar Oil completed

NEW DELHI/MUMBAI A consortium led by Russian oil major Rosneft will announce on Monday completion of a $12.9 billion deal to acquire Indian private refiner Essar Oil, strengthening ties between the world's largest oil producer and the fastest growing fuel consumer.

11 Aug 2017

India's refiners bet big on petrochemicals as industry reshapes

NEW DELHI India's state oil refiners - long focused on churning out transport and cooking fuels - are planning a $35 billion push into petrochemicals to meet an expected surge in demand for goods ranging from plastics to paints and adhesives.

04 Aug 2017

Indian Oil plans $2.4 billion expansion of Gujarat refinery

NEW DELHI India's top refiner Indian Oil Corp will spend $2.4 billion to increase capacity at its refinery in western India by about a third over the next few years to meet rising local demand for fuel.

03 Aug 2017

Indian Oil, partners look for cheaper site for Pacific NorthWest LNG terminal

Indian Oil Corp Ltd said it is in talks with its partners to scout for an alternative, cheaper site for the Pacific Northwest LNG terminal after the recent pullout of the lead developer cast doubt on the future of the Canadian project.

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