WorldOil Cairn, Vedanta award EOR contract to BHGE for India's Rajasthan area Baker Hughes, a GE company, has been awarded a development contract by Cairn Oil and Gas, Vedanta Limited to construct approx. 300 new wells and deploy a chemical EOR program aimed at increasing production from the Rajasthan area. U.S. selling more oil to India, Iran’s biggest customer One of Iran’s biggest oil customers is buying more U.S. crude as President Donald Trump sticks to his pledge to squeeze the Persian Gulf nation’s energy trade. U.S. oil sellers may look to India as tariff war with China escalates American oil producers may find a new friend in India as they brace for a trade war with China that could curb U.S. shipments. India has "Plan D" for Iran oil as Trump adds sanction pressure One of Iran’s biggest oil buyers said it has enough alternative sources of crude to replace any supplies cut off by U.S. sanctions on the Persian Gulf state -- even if shipments stop completely. India hunting for shorter LNG deals with import demand doubling The good news for global natural gas exporters is that India’s largest utility is hunting for new supplies to import. The bad: It’s seeking shorter deals than have been traditional in the past. China and India want to buy more U.S. oil to counter OPEC Two of Asia’s largest crude buyers are considering teaming up to buy U.S. supplies and counter OPEC’s dominance in the world’s biggest oil market. ONGC moves 29 offshore rigs ahead of Indian monsoon season The Oil and Natural Gas Corporation Limited (ONGC) has successfully moved 29 mobile offshore drilling rigs prior to the Indian monsoon season. Once cash rich, India's demands erode 90% of ONGC's warchest India’s Oil and Natural Gas Corp., which once had $4.3 billion of funds, is now bleeding cash. Indian Essar Oil Limited rebrands as Nayara Energy Limited Indian Essar Oil Limited has been rebranded as Nayara Energy Limited. The decision was finalized at an extraordinary general meeting of its shareholders. India vows to ignore Trump's sanctions and continue Iran imports President Donald Trump may have ordered the re-imposition of sanctions on Iran, but one of Asia’s biggest oil importers -- and a strategic partner of the U.S. -- plans on ignoring them.