Oil and gas industry in India The first oil resources in India were found close to the town of Digboi in the state of Assam in 1889, launching the nation’s petroleum industry. With the discovery of gas reserves in Assam and Maharashtra in the 1960s, the natural gas industry in India go...
The Indian industry was exposed to large scale domestic and international competition following her economic liberation in 1992. While few firms are able to take up the challenge, a large number of firms are affected by the competition. The level of nonperforming assets of Indian companies has ...
ExxonMobil has the highest market capitalization of any oil and gas producer worldwide. As of December 18, 2024, the United States-based company had a market cap of 474.71 billion U.S. dollars. Big Oil's place among the ten leading oil and gas companies Of the five largest companies...
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However, oil remains a primary driver for the economy in producing countries, and its vast reserves may launch other African nations as new producers. The hydrocarbon sector has also shown its potential regarding natural gas, reserves of which exceed 625 trillion cubic meters. Show more - ...
Oracle is changing the game in the Oil and Gas industry. Oracle Cloud Solutions will ensure long-term success for companies as they drill, develop, transport and refine oil and gas.
OilandGasIndustrySizeisestimatedatUSD110bn(about 15%ofIndianGDP) Contributestoabout64%ofgrossrevenuesofGovernment (bothCentralandStatetogether)throughTaxesandDuties TotalContributiontoGovernmentexchequerin2004-05=USD 27bn Contributestoabout45%ofIndia’sprimaryenergy ...
Leveraging gas for Colombia’s energy securityARTICLE A complex landscape for Colombia’s oilfield services sectorINTERVIEW Latest Reports View our peerless series of energy industry reports and special editions. The Energy Year UAE 2023 View our peerless series of energy industry reports and special ed...
Oil and Gas in Indonesia Investment and Taxation Guide July 2023, 12th Edition www.pwc.com/id Photo source: PT Pertamina (Persero) Cover photo courtesy of: PwC DISCLAIMER: This publication has been prepared for general guidance on matters of interest only, and does not constitute professional ...
At the same time, state oil companies Oil and Natural Gas Commission and Oil India Ltd. plan to maintain strong domestic E and D programs. ONGC is seeking more revenue to sustain India's ambitious oil and gas upstream plans. The state company has asked the government for a 50% hike in ...