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India ready for turbulent times
The country’s energy minister explains in an exclusive interview how the country is taking a pragmatic and far-sighted approach to energy security and why he has great confidence in its oil sector
India to help Asia spearhead global refining
Shifting demand patterns leaves most populous nation primed to become downstream leader as China and the West retreat
India’s oil demand looks to EV threat
Two wheels rather than four appear to be the biggest game-changer for India’s road oil use
India’s Russian crude buying has reached its limit
Middle East grades remain a diminished but important part of the South Asian country’s diet, especially as new refining capacity comes online
Oil India eyes IOC partnerships
Chairman talks up IOC and NOC tie-ups to help substantially boost oil and gas production over the next two years
Petronet LNG making progress on India’s gas ambitions
The company is on track to boost import terminal capacity by 40% in three years, CEO Akshay Kumar Singh tells Petroleum Economist
India ramps up refinery expansions
The country is seeking to secure its position as a major global refiner and meet rising domestic requirements
Malaysia looks to deepwater to sustain output
The country is nearing a tipping point as its domestic needs continue to grow
India strengthens its oil arteries
Industry investing in significant pipeline infrastructure to further improve the efficiencies of its network and cut costs
Asian demand critical to absorb fresh LNG supply
Purchasing from region will help determine if prices will stay buoyant in the second half of this decade as supply increases, with significant volumes due online in the next three years
Gambia India Malaysia
3 March 2022
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Licensing round March update

The industry's most comprehensive list of current and recent rounds for onshore and offshore licences

Open rounds Gambia’s Ministry of Petroleum & Energy has launched its 2022 licensing round for offshore block A1. The block was initially granted to BP in 2019, following the 2018 licensing round, but was relinquished in August 2021 when the major exited after performing the minimum required work obligations and paying $29.3mn not to drill an exploration well. “The government wishes to seize this opportunity to thank BP for their strong collaboration during the past two years and their excellent technical work on the block. We are excited to open our doors again to the international oil community and look forward to working with a new partner in block A1,” says Fafa Sanyang, minister of p

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