GAIL to skip medium term LNG deals for 2018

December 2017

GAIL (India) Limited will be skipping medium-term LNG deals in 2018 as it will start getting LNG from its US portfolio from February 2018. GAIL used to buy one medium-term contract every year to cater […]

MoPNG advances introduction of BS-VI fuels in Delhi

December 2017

On account of serious pollution levels in Delhi and adjoining areas, the Ministry of Petroleum and Natural Gas (MoPNG) in consultation with oil marketing companies (OMCs) has decided to advance the introduction of BS-VI cleaner […]

DSF II to be launched in January 2018

December 2017

The government intends to launch the second round of auctions for discovered small fields (DSFs) by January 2018. Drawing lessons from the first round, the fields offered in the second round will be grouped into […]

HPCL likely to opt for share-swap deal to acquire MRPL

November 2017

Hindustan Petroleum Corporation Limited (HPCL) is likely to acquire Mangalore Refinery and Petrochemicals Limited (MRPL) in a share-swap deal to become India’s second largest oil refiner. The merger is likely to take place after the […]

IGL launches prepaid smart cards for CNG

October 2017

Indraprastha Gas Limited has launched prepaid smart cards on October 11, 2017, to provide consumers a digital option for making payments. The smart card is a prepaid near-field-communication-enabled card for fleet and retail compressed natural […]

MoPNG to form oil and gas think tank

October 2017

To accelerate policy reforms in the sector, the MoPNG has formed an international oil and gas think tank which will advise the government on issues related to pricing, gas infrastructure, financial models for exploration and […]

India to build a natural gas trading platform soon

October 2017

The Ministry of Petroleum and Natural Gas (MoPNG) has stated that India will build a natural gas trading platform, which will lead to transparent pricing and encourage investment in the sector. The proposal for setting […]

Introduction of BS-VI by 2020

September 2017

The Ministry of Petroleum and Natural Gas (MoPNG) plans to introduce Bharat Stage-VI (BS-VI) fuel by April 2020 and make it as clean as compressed natural gas. The ministry has also stated that refineries are being upgraded for […]

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