Reliance Industries Limited (RIL) has been asked by the Directorate General of Hydrocarbons to relinquish the D6 and D19 deep sea satellite gas discoveries in the KG-D6 block. The decision was taken after RIL informed […]
The Oil and Natural Gas Corporation (ONGC) has started spudding the first of the 34 wells at its $5.07 billion KG basin oil and gas project. Of the 34 wells, 15 are oil producing, 8 […]
The PNGRB announced new bidding parameters for obtaining a licence to retail compressed natural gas (CNG) and piped natural gas (PNG) in cities. As per the new regulations, the future auctions will be conducted by […]
The sale of Bharat Stage-VI (BS-VI) grade fuel started in Delhi on April 1, 2018, at 391 filling stations. India is skipping two levels to move directly from BS-IV to BS-VI grade fuel. The new […]
India received its first liquefied natural gas (LNG) cargo shipment from the US on March 30, 2018, under a long-term supply deal. A charter ship, MV Meridian Spirit, carrying LNG from Louisiana arrived at Dabhol, […]
IMC Limited has received permission from the PNGRB to lay a natural gas pipeline from Kakinada in Andhra Pradesh to Nellore in Tamil Nadu. The 522 km long pipeline will have a capacity of 18 […]
The Gujarat State Petroleum Corporation (GSPC) sold a 28.4 per cent stake in Gujarat Gas Limited (GGL) to its subsidiary Gujarat State Petronet Limited (GSPL) by way of an inter se transfer of shares. With […]
Indian Oil Corporation Limited (IOCL) will invest $3.5 billion in 2018-19 to expand and upgrade its refineries and boost its marketing network. This will be about 20 per cent more than its investment plans for […]
The Punjab cabinet on March 21, 2018 approved the policy guidelines to facilitate the laying of gas pipelines across the state. The policy has been drafted after consulting Gujarat’s policy as suggested by the PNGRB. […]
IndiGo and Jet Airways have opted out of participating in Air India’s divestment process. According to IndiGo, the airline was interested only in the carrier’s international operations and Air India Express. However, the option is […]
The Ministry of Civil Aviation (MoCA) has invited expressions of interest from bidders for the strategic disinvestment of a 76 per cent stake in Air India. Bids have also been called for divesting shareholding interest […]
The Petroleum and Natural Gas Regulatory Board (PNGRB) has cancelled GAIL (India) Limited’s licence to build the Surat-Paradip natural gas pipeline. It has ordered the encashment of its Rs 200 million performance bank guarantee. This […]
Four international airlines – British Airways, Lufthansa, Singapore Airlines and Etihad – and two Indian companies have shown interest in Air India’s disinvestment. According to the MoCA, a global advisory firm – Swiss Aviation Consulting […]
The Telangana government laid the foundation stone for the Hyderabad Airport Expansion Project on March 23, 2018. Following this, GMR Hyderabad International Airport Limited has commenced the expansion works. Under the project, the existing terminal […]
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