Oil and Gas

The Union Government signed agreement with Oil and Natural Gas Corporation Limited (ONGC) for exploration and development of seven oil and gas (O&G) blocks under the fourth round of Open Acreage Licensing Policy (OALP-IV) on […]

A total of five firms have submitted bids for providing consultancy services for the naphtha to regasified liquefied natural gas (LNG) feed conversion project in Hydrogen Generation Unit-205 at the Manali Refinery in Tamil Nadu. […]

Reliance Industries Limited (RIL) and BG Exploration and Production India Limited (BGEPIL) have transferred a 30 per cent stake each to ONGC to operate the Panna-Mukta-Tapti offshore fields from December 21, 2019. Earlier, ONGC had […]

The central government on January 9, 2020 granted viability gap funding for the MoPNG’s proposal of extending 60 per cent budgetary support worth Rs 55.59 billion for the Northeast Natural Gas Pipeline Grid project. The […]

The Expert Appraisal Committee of the MoEFCC recommended grant of coastal regulation zone clearance for the Ennore-Kancheepuram natural gas pipeline project on November 29, 2019. IOCL has proposed laying of a 30 inch outside diameter […]

The Cabinet Committee on Economic Affairs (CCEA) accorded in-principle approval for strategic disinvestment of stake in BPCL on November 20, 2019. This includes disinvestment of the government’s shareholding of 53.29 per cent in BPCL (except […]

Purba Bharati Gas Private Limited, a joint venture (JV) of Assam Gas Company Limited (AGCL), OIL and GAIL Gas Limited was incorporated on November 19, 2019 for the implementation of city gas distribution (CGD) projects […]

The Oil and Natural Gas Corporation (ONGC) has ended its shale exploration programme ahead of schedule, concluding that India may not have enough commercially extractable shale reserves. With this, the Ministry of Petroleum and Natural […]

Bharat Petroleum Corporation Limited (BPCL) has introduced point-of-sale (PoS) machines along with its distributors to enable consumers to use their credit or debit cards for the payment of liquefied petroleum gas (LPG) cylinders delivered to […]

The Directorate General of Hydrocarbons has launched a single-window clearance system that connects upstream companies to different arms of the government, allows electronic filing of most applications, and sharply cuts time taken in obtaining clearances. […]

NGC Energy India Private Limited in collaboration with Petredec has plans to set up a liquefied petroleum gas (LPG) import and storage terminal at Krishnapatnam port in Andhra Pradesh. The proposal for the grant of […]

The MoEFCC granted the ToR for the Cauvery onshore development drilling project (24 wells) on November 7, 2019. The proposal for the project was submitted on October 1, 2019. It involves drilling 24 wells in […]

The Adani Group and German chemical company BASF SE signed an MoU with the Abu Dhabi National Oil Company (ADNOC) and Borealis AG for conducting a joint feasibility study for the development of the Gujarat […]

The Prime Minister’s Office has agreed to the Ministry of Petroleum and Natural Gas’s proposal of extending 60 per cent budgetary support worth Rs 55 billion for the North-East natural gas pipeline grid project. The […]

The Mundra liquefied natural gas (LNG) terminal project is expected to be commissioned by December 2019. The project involved setting up of an import, storage and regasification terminal with a capacity of 5 mtpa at […]

The central government has directed ONGC to operate the Panna-Mukta-Tapti (PMT) offshore fields from December 21, 2019. Earlier, Reliance and Shell each owned a 30 per cent participating interest in the PMT fields, while ONGC […]

Mahanagar Gas Limited (MGL) has cut down prices for CNG supplied to vehicles by Rs 2.04 per kg and for domestic PNG by Rs 1.19 per standard cubic metre (scm) in and around Mumbai, effective […]

Indraprastha Gas Limited (IGL) has rolled out more than 200,000 new piped natural gas (PNG) connections and expanded its compressed natural gas (CNG) network to 500 stations by setting up 54 new outlets in 2018-19. […]

The Oil and Natural Gas Corporation (ONGC) has proposed the drilling of about 24 wells in CY-ONHP-2018/3 block in the Ramanathapuram and Sivaganga districts in Tamil Nadu. The proposal for grant of the terms of […]

Cairn Oil and Gas, a vertical of Vedanta Limited, is planning to drill 78 wells for onshore exploration of oil and gas at RJ-ONHP-2017/3 block in Jalore district in Rajasthan. Besides, the proposal for grant […]