The Cabinet Committee on Economic Affairs has approved an additional investment of $1.6 billion by Bharat Petro Resources Limited (BPRL), a fully owned unit of Bharat Petroleum Corporation Limited, for the development of a Brazilian […]
Indian Oil-Adani Gas Limited (IOAGPL) has commissioned the first CNG retail outlet at Safari Agencies in Kasaragod district, Kerala. The company has also inaugurated a CNG retail outlet at the Laxmi Narayan Filling station, Tappal […]
ONGC has signed a gas sale agreement with GAIL and Assam Gas Company Limited (AGCL) to monetise natural gas from its upcoming gas well at Khubal, Tripura. According to the agreement, ONGC will supply 50,000 […]
Indian Oil Corporation Limited (IOCL) has inaugurated an LPG bottling plant in Agartala, Tripura. The plant was set up at an investment of Rs 1.69 billion and has a rated capacity of 60,000 tonnes per […]
Gas Authority of India Limited (GAIL) has sought shareholder approval to increase the authorised share capital to Rs 100 billion, up from the current capital of Rs 50 billion. The move is expected to help […]
In a notable development, AG&P Pratham has successfully inaugurated the first compressed natural gas (CNG) station in Proddatur, Andhra Pradesh. It is the thirteenth station in the Anantapur-Kadapa geographical area. AG&P Pratham is planning to […]
Drillmec India, a subsidiary of Megha Engineering & Infrastructures Limited (MEIL), has achieved an oil rig order book of $1.5 billion with new rig orders from Oil India Limited (OIL) and ONGC. The order from […]
The Oil and Natural Gas Corporation (ONGC) has signed an agreement with ExxonMobil for deepwater exploration in the east and west coasts of India. The focus will be on the Krishna Godavari and Cauvery basins […]
The Ministry of Petroleum and Natural Gas (MoPNG) has launched the eighth round of the open acreage licensing programme (OALP) bid, offering 10 blocks for international competitive bidding. The bids can be submitted through a […]
The central government has inaugurated the 533 km Bokaro-Angul gas pipeline section in Jharkhand and Odisha for both domestic and industrial use. The project is expected to provide cheap gas to homes as well as […]
The Oil and Natural Gas Corporation has awarded a contract worth Rs 1.5 billion to Deep Industries Limited. The order pertains to charter hiring of two 1,000 HP mobile drilling rigs for a period of […]
Hindustan Petroleum Corporation Limited (HPCL) has inaugurated a new CNG station in Mainpuri, Uttar Pradesh. The CNG station is established at the Maa Gayatri filling station on NH-91 Kurawali-Aligarh Road. HPCL has already opened seven […]
The central government has dedicated 166 CNG stations across 14 states in the country. These CNG stations have been set up by GAIL (India) Limited and nine of its group CGD companies in 41 GAs […]
India has introduced export duties for gasoil, gasoline and jet fuel. This will help boost domestic supplies in addition to imposing a windfall tax on oil producers that have benefited from higher prices for petroleum […]
In a bid to cater to the growing gas demand, GAIL India Limited (GAIL) is planning to set up small liquefaction facilities. This will help transport gas from isolated fields and cater to the gas […]
India is considering importing CNG in place of LNG in order to meet the incremental domestic demand at a lower cost. The decision comes at a time when high prices have cut local LNG consumption. […]
Bharat Petroleum Corporation Limited (BPCL) has decided to terminate all activities in connection with the disinvestment of the government’s’ stake in BPCL. The Government of India recently decided against divesting its stake in BPCL on […]
Essar Oil and Gas Exploration and Production Limited (EOGEPL) has crossed 0.8 million standard cubic metres per day (mmscmd) of gas production from the Raniganj East Block in West Bengal via coal bed methane. EOGEPL […]
Essar Oil and Gas Exploration and Production Limited (EOGEPL) has crossed 0.8 million standard cubic metres per day (mmscmd) of gas production from the Raniganj East Block in West Bengal via coal bed methane. EOGEPL […]
The Ministry of Petroleum and Natural Gas (MoPNG) has announced that a subsidy of Rs 200 per LPG cylinder will only be extended to below poverty line (BPL) households covered under the Ujjwala scheme. There […]
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