Indian Energy

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INDIAN ENERGY LIMITED

Israel gives initial nod to Indian, Greek exploration companies

Israel's Energy Ministry on Monday gave preliminary approval to bids from Greek and Indian energy companies to explore for oil and gas in the eastern Mediterranean.

Israel had received bids from Greece's Energean and a consortium of Indian firms including ONGC Videsh, Bharat PetroResources, Indian Oil Corp and Oil India.

India to boost gas share to 20 pct in energy mix by 2030

India will increase the share of natural gas to 20 percent in its energy mix by 2030, India's petroleum minister said on July 11 in Istanbul.      

Speaking at a ministerial session at the 22nd World Petroleum Congress in Istanbul, Petroleum Minister Shri Dharmendra Pradhan said India is supporting investments to increase the share of natural gas in its energy mix.