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India Reassured of Development Rights in Iranian Gas Field

News Reuters 12th August 2015. Iran has said the development rights for its Farzad-B gas field will be available to Indian companies after concerns in New Delhi that cash-rich European firms could clinch the contract. A consortium headed by ONGC Videsh, the overseas investment arm of Oil and Natural Gas Corp, in 2008 discovered the […]

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Lubricants an important element in the larger picture of Energy efficiency -Shell Lubricants

News, News Delhi India, 10th August 2016 The Online indiatimes.com reports, Shell Lubricants hosted the 4th global lecture series in association with IIM Bangalore to discuss future energy shifts in Industry and transport with experts across the industry The first three lectures of the series were held at Imperial College, London; Tsinghua University, Beijing and

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Shell To Sell 75% Stake in Chinese Tongyi Lubricants to Carlyle, Huo Group

Shell To Sell 75% Stake in Chinese Tongyi Lubricants to Carlyle, Huo Group HONG KONG— Carlyle Group LP agreed to buy a majority stake in a Chinese oil-lubricants business from Royal Dutch Shell PLC, giving the private-equity firm a rare deal for control of a company in China’s energy industry. Shell, which is shedding assets

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Shell to Downsize Drops 6,500 jobs due to slump in crude price

Energy major Royal Dutch Shell has decided to cut 6,500 jobs globally responding to the weakness in the crude oil prices, triggering concerns that it may downsize in India as well. But a spokesperson of its India arm dispelled such fears, clarifying that the company may not tinker with its India operations, and could even

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