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Russia and Eastern Europe's largest petrochemical company SIBUR and India's largest private company Reliance Industries Limited (RIL) have agreed to form a joint venture named Reliance Sibur Elastomers Private Limited to produce 100,000 tonnes of butyl rubber per year in Jamnagar, India.

India will entirely pay its oil debts to Iran by the end of August, S. Qamsari - the National Iranian Oil Company director for international affairs announced in Tehran on Saturday.

Oil & Natural Gas Corp., India’s biggest energy explorer, plans to increase spending on redeveloping its largest oilfield to stem more than two decades of declining output

India’s state-owned energy explorers will seek to partner the winner of Russia’s largest undistributed oil fields after failing to qualify to bid for developing the areas, a government official said

Russian gas giant Gazprom is considering a possible swap of liquefied natural gas (LNG) supplies to India in exchange for its 20 percent stake in the Sakhalin-1 project, Gazprom's head of Foreign Relations Stanislav Tsygankov said on Monday

Indian state-run explorer Oil and Natural Gas Corp has found oil and gas in two of its exploration blocks around India's eastern coast, the company said in a statement

India government offers 34 oil & gas blocks for exploration, notice shows

India overtook Japan in demand for oil among Asian nations in the second quarter of 2010, reflecting its rapid economic growth, according to Platts, a provider of information on energy and metals.

 India's state-run Oil and Natural Gas Corp. has proposed to Rosneft that the two jointly bid for the strategic Trebs and Titov fields in the Arctic north, Vedomosti reported Tuesday.

BP was in talks with India's Reliance Industries and Essar Group to sell its African retail assets, which could be worth as much as $500 million, four sources with direct knowledge of the matter said yesterday.

During Turkmen President Gurbanguly Berdimuhamedov’s maiden-visit to India in May 2010, much attention was placed on energy relations between the two countries, particularly on the much-delayed Turkmen-Afghan-Pakistan-India (TAPI) pipeline project that envisages bringing Turkmen gas to India via Afghanistan and Pakistan.

India won Vietnam's support on Thursday for its bid for crisis'hit BP Plc's energy assets in the South Asian country, as Hanoi stressed BP must give priority to its partners in the stake sale.

Indraprastha Gas Ltd. has announced its fourth quarter financial results for the fiscal year 2009-10. This quarter has been successful for the company.

Prime Minister Vladimir Putin won support for Rosatom to build a dozen ultrasafe nuclear reactors in India, part of more than $10 billion in deals in energy, arms, telecoms and other cooperation signed during his visit Friday.

Russia is considering inviting India's state-run Oil and Natural Gas Corporation (ONGC) to develop oil and gas fields in Russia.

Russia's largest diamond miner Alrosa said on Thursday it planned to sign three-year contracts with three Indian companies on the delivery of uncut diamonds worth $490 million.

Russian Prime Minister Vladimir Putin is due in India for talks expected to focus on arms and energy contracts.

India has expressed its keenness to expand its investment in Nigeria, particularly in the…