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Oil & Gas

Union Petroleum Dharmendra Pradhan will be visiting Nepal in the last week of September, an official of the Indian Embassy informed ANI. “Indian Minister for Petroleum and Natural Gas Dharmendra Pradhan will be visiting Nepal in the last week of this month (September) to observe the progress made over the Raxaul-Amlekhganj petroleum pipeline,” a high-level […]

Expert Appraisal Committee (EAC) under the Ministry of Environment, Forest and Climate Change, has given the green signal to state-owned ONGC limited for Additional Development Drilling of 72 wells in the Krishna-Godavari basin. Oil and natural gas PSU submitted a proposal to the Environment Ministry for environmental clearance (EC) to the project, related to the […]

Indian Institute of Technology Madras is collaborating with Oil and Natural Gas Corporation Limited (ONGC) to enhance the operational life cycle of existing platforms and reduce running and operating cost by optimum use of offshore survey requirements. IIT Madras is going to develop a Database Management System for all the 280-plus platforms of ONGC and […]

Revenue of about $15.3 billion is expected to be generated in 20 years from 25 contract areas covering 59 oil and gas fields that have been discovered. These are potentially revenue oriented areas. Centre launched the bid round II under Discovered Small Fields (DSF) policy last month. Under this bid round, there are 25 contract […]

Tea, green beverage, demands cleanest possible processin. Oil Companies in India are going to take serious steps to replace coal with LPG in tea production that can ensure cleaner processing environment for tea. On the other side, it can open up a large untapped market for LPG. But there are issues to address first for […]

Demanding a price reduction for ethanol-blended petrol, West Bengal Consumer Affairs Minister Sadhan Pandey on Saturday said the state would take steps to create awareness among consumers about the blended petrol being sold to them. “Petrol pumps must have displays informing customers that how much ethanol is blended with petrol. I have requested Indian Oil […]

Oil regulator PNGRB Monday declared the final list of winners of city gas retailing licences that had billionaire Gautam Adani’s group, state-owned Indian Oil Corp (IOC), Bharat Petroleum Corporation Ltd. (BPCL) and Torrent Gas as big winner. Adani Gas won rights to retail CNG to automobiles and piped cooking gas to households and industries in […]

Canadian investor Brookfield is set to buy the lossmaking East West Pipeline Ltd (EWPL), earlier known as Reliance Gas Transportation Infrastructure Ltd, for an enterprise valuation of $2 billion. Brookfield is uniquely sponsoring an infrastructure investment trust (InvIT) called India Infrastructure Trust as the acquisition vehicle to take over 1,400 K.M.common carrier pipeline from Kakinada […]

Vedanta Ltd.has discovered natural gas in a Krishna Godavari basin block in the Bay of Bengal. In a regulatory filing, mining baron Anil Agarwal’s company which had recently merged oil explorer Cairn India with itself, said it has notified the oil ministry and the upstream regulator Directorate General of Hydrocarbons (DGH) about the discovery in […]

Hailing Russia as India’s largest investment destination in the oil and gas sector, Union Ministery said that Moscow will always be a priority in New Delhi’s foreign and energy policy. Speaking at a conference titled ‘India-Russia in the 21st Century: Enhancing the Special Privileged Strategic Partnership’ here, Union Minister said: “I believe that our time-tested […]