ONGC Videsh Limited has announced that it will bid for the development rights to Iran’s giant South Azadegan oilfield. The company will also rework the $6.2 billion cost of developing the Farzad-B gas field in […]
Production from the Oil and Natural Gas Corporation (ONGC)-owned Krishna Godavari-D5 block may be delayed due to regulatory policy changes and ONGC may miss the June 2019 deadline for starting production from the block. As […]
urkmenistan announced on February 23, 2018, that it has commenced work on the construction of the Afghan section of the $8 billion TAPI (Turkmenistan-Afghanistan-Pakistan-India) natural gas pipeline. It will be fed from the Galkynysh gas […]
The central government has informed the Supreme Court that the supply of BS-VI auto fuels (both petrol and diesel) to retail outlets in Delhi will begin from April 1, 2018. BS-VI emission norms are slated […]
Reliance Industries Limited could stop production from its MA field in the KG-D6 block from October 2018 as the field has been showing a steady decline in output for several years. The possibility of shutting […]
The Ministry of Petroleum and Natural Gas (MoPNG) launched the Chennai Petroleum Corporation’s (CPC) Rs 31.1 billion residue upgradation project at the latter’s Manali refinery on February 26, 2018. Residue upgradation is a process which […]
The MoPNG has recently announced that it is working on a new National Biofuels Policy. The policy will provide a roadmap for India to move towards adopting second-generation advanced biofuels from the first-generation sugar-based biofuels […]
The government has announced that it will consult ONGC and Oil India Limited before offering their discovered small fields (DSFs) to private players under the next round of the DSF auction.
GAIL (India) Limited has entered into a 20-year contract for importing 3.5 mtpa of liquefied natural gas (LNG) from US-based Cheniere Energy’s Sabine Pass liquefaction facility in Louisiana. The first shipment was flagged off on […]
The Jawaharlal Nehru Customs House (JNCH) has made it mandatory to upload supporting documents for all bills of entry filed in JNCH through the e-SANCHIT facility, with effect from March 15, 2018. As per the […]
India and Iran signed a pact on February 17, 2018, which gives the former operational control of a part of Chabahar port for a period of 18 months. Phase I of Chabahar port, also known […]
The central government inaugurated three projects at V.O. Chidambaranar port on February 26, 2018. The projects comprise a truck parking terminal (Rs 236.9 million), a container terminal berth (Rs 3,122.3 million) and a port information […]
The Kolkata Port Trust (KoPT) has signed a concession agreement with Hooghly Oil and Gas Terminal Private Limited for setting up a liquid jetty at Shalukkali at the Haldia Dock Complex II. Hooghly Oil and […]
An MoU has been signed between Konkan Railway Corporation Limited and Vizhinjam International Seaport Limited for the implementation of the Vizhinjam-Balaramapuram port-rail connectivity project. The project involves the development of a 12 km railway line […]
As of February 28, 2018, the Indian shipping industry had a fleet of 1,382 vessels of 12.43 million gross tonnage (GT) and 18.89 million dead-weight tonnage (DWT). Of the vessels, 936 were coastal vessels with […]
The Inland Waterways Authority of India (IWAI) has appointed KPMG to study and devise a framework for the operationalisation and maintenance of assets being built on National Waterway (NW)-1. The framework will include various institutional […]
An inter-ministerial committee (IMC) has been constituted for augmenting coastal shipping of coal and other commodities. The Ministry of Shipping is the nodal ministry for the committee, the terms of reference for which include the […]
The Kerala government has granted in-principle approval for the development of the Parvathy-Puthanar canal as a NW under the Kerala inland water transport project (NW-3). The waterway will be developed at a cost of Rs […]
The cabinet has approved the methodology for the auction of coal mines/blocks for sale of coal under the Coal Mines (Special Provisions) Act, 2015, and the Mines and Minerals (Development and Regulation) Act, 1957, thereby […]
The central government and the union territory of Lakshadweep have signed an MoU under the Ujwal Discom Assurance Yojana (UDAY) for the operational turnaround of the union territory’s electricity department (ED). An overall net benefit […]
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