Edition:
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

17 Apr 2018

ONGC files arbitration claim against Sudan over unpaid oil dues

NEW DELHI The foreign acquisition unit of Oil and Natural Gas Corp's (ONGC) has filed an arbitration claim against the government of Sudan in a London court, a company official said, seeking to recover dues pending for years from a project hit by the breakaway of South Sudan in 2011.

12 Apr 2018

Essar Oil settles $2.5 billion Iran oil dues, still owes about $616 million

NEW DELHI Essar Oil has settled about 2 billion euros ($2.5 billion) in dues to Iran to cover previous oil purchases and still owes the country about $616 million, Chief Executive B. Anand said on Thursday.

12 Apr 2018

OPEC's Barkindo sees oil cuts extended into 2019 even as glut evaporates

NEW DELHI OPEC and its oil producer allies are poised to extend their supply-cutting pact into 2019 even as a global glut of crude is set to evaporate by September, OPEC Secretary-General Mohammad Barkindo said on Thursday.

12 Apr 2018

Essar Oil still owes about 500 mln euros in payments to Iran

NEW DELHI, April 12 Essar Oil still owes about 500 million euros in payments for previous purchases of Iranian crude after having paid about 2 billion euros in outstanding dues, Chief Executive B. Anand said on Thursday.

12 Apr 2018

India's GAIL says LNG supply from Gazprom will start from May

NEW DELHI India's state-owned gas supplier and developer GAIL Ltd plans to buy 0.5 million tonnes or eight cargoes of liquefied natural gas (LNG) from Russia's Gazprom in 2018/19, its chairman and managing director B.C. Tripathi said.

12 Apr 2018

GAIL says LNG supply from Gazprom will start from May

NEW DELHI India's state-owned gas supplier and developer GAIL Ltd plans to buy 0.5 million tonnes or eight cargoes of liquefied natural gas (LNG) from Russia's Gazprom in 2018/19, its chairman and managing director B.C. Tripathi said.

12 Apr 2018

India, Saudi Aramco to partner on $44 billion refinery-petchem project

NEW DELHI Saudi Aramco on Wednesday signed an initial deal with a consortium of Indian refiners to build a $44 billion refinery and petrochemical project on India's west coast, as the kingdom moves to secure buyers for its crude in a market awash with oil.

11 Apr 2018

Ghana to launch first exploration licensing round in fourth quarter 2018 - minister

NEW DELHI Ghana will launch its first exploration licensing round in the last quarter of this year offering about six offshore blocks, deputy energy minister Mohamed Amin Adam said.

11 Apr 2018

UAE's ADNOC mulls downstream opportunities abroad with Aramco - sources

DUBAI/NEW DELHI Abu Dhabi National Oil Co (ADNOC) is in talks with several partners, including Saudi Aramco, for possible downstream joint ventures abroad, particularly in Asia, industry sources with knowledge of the matter told Reuters.

11 Apr 2018

UAE says producers trying to define structure for long-term alliance

NEW DELHI OPEC oil producers and their partners are trying to work out a structure for their proposed long-term agreement on oil supplies, the energy minister for the United Arab Emirates said on Wednesday.

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