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HomeNewsOil and Gas

Oil and Gas

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Oil and Gas

Union government inaugurates second floating CNG station in Varanasi

December 1, 2023

The union government has successfully inaugurated the second floating CNG mobile refuelling unit (MRU) station at Ravidas Ghat in Varanasi, Uttar Pradesh. The floating CNG MRU, being built by GAIL (India) Limited has compression capacity […]

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Oil and Gas

PNGRB invites bids for Mizoram GA under 12A CGD bidding round

December 1, 2023

The Petroleum and Natural Gas Regulatory Board (PNGRB) has invited bids for grant of authorisation for development of CGD networks in Mizoram geographical area (GA) under round 12A of CGD bidding. The last date for […]

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Oil and Gas

IOCL secures 1.45 mscmd gas in latest auction from KG-DWN-98/3 block

December 1, 2023

As per reports, Indian Oil Corporation Limited (IOCL) has secured 1.45 million standard cubic meters per day (mscmd) gas out of the total 4 mscmd natural gas offered by the consortium of Reliance Industries Limited […]

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Oil and Gas

IGL, CONCOR signs MoU to explore LNG infrastructure in CONCOR terminals

November 23, 2023

In a recent development, Indraprastha Gas Limited (IGL) and Container Corporation of India Limited (CONCOR) have signed a memorandum of understanding (MoU) to explore the feasibility of setting up liquefied natural gas (LNG) and liquefied […]

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Oil and Gas

Gujarat government approves PPP model for developing CNG stations

November 23, 2023

The Gujarat government has approved the public private partnership model for establishing and developing compressed natural gas (CNG) stations in the state. The state government has sanctioned the full dealer owned dealer operated (FDODO) CNG […]

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Oil and Gas

MoPNG grants approval for setting up strategic natural gas reserve

November 23, 2023

The Ministry of Petroleum and Natural Gas has granted its approval for setting up strategic natural gas reserve and has directed Oil and Natural Corporation Limited (ONGC), Oil India Limited (OIL) and GAIL (India) Limited […]

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Oil and Gas

ONGC plans to invest Rs 1 trillion to set up two petrochemical plants

November 16, 2023

In a notable development, ONGC has planned an investment worth Rs 1 trillion to set up two petrochemical plants in two states for direct conversion of crude oil into high value chemicals by 2030. While […]

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Oil and Gas

BPCL plans to expand fuel retail network by two-third

November 16, 2023

Reportedly, Bharat Petroleum Corporation Limited (BPCL) is likely to expand its fuel retail network by two third in order to expand its share in the domestic fuel market. BPCL will add around 14,273 pumps. The […]

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Oil and Gas

ONGC to start oil production from cluster-2 fields in KG-DWN-98/2 (KG-D5) block

November 16, 2023

Oil and Natural Gas Corporation Limited (ONGC) is likely to commence production of crude oil from cluster-2 fields in KG-DWN-98/2 (KG-D5) block in the Bay of Bengal in December 2023. The floating production storage and […]

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Oil and Gas

PNGRB invites bids for Mizoram GA under 12A CGD bidding round

November 15, 2023

The Petroleum and Natural Gas Regulatory Board (PNGRB) has invited bids for the grant of authorisation for the development of city gas distribution (CGD) networks in seven geographical areas (GAs), under Round 12 of the […]

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Oil and Gas

IGL inaugurates CNG station in Gautam Budh Nagar

November 15, 2023

Indraprastha Gas Limited (IGL) has inaugurated its company-owned, company-operated compressed natural gas (CNG) station at NTPC Dadri, Gautam Budh Nagar, in the state of Uttar Pradesh. The CNG station will cater to Noida and adjoining […]

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Oil and Gas

AG&P inaugurates CGS at Vallam

November 15, 2023

AG&P Pratham has inaugurated a city gate station (CGS) at Vallam, Ka­ncheepuram, in the state of Tamil Nadu. With this, there are 32 stations in the Kancheepuram GA. The CGS will provide piped natural gas […]

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Oil and Gas

IOCL acquires MPL worth Rs 1.48 billion

November 15, 2023

IOCL has acquired Mercator Petroleum Limited (MPL) in an insolvency proceeding for Rs 1.48 billion. In 2008, MPL had won CB-ONN-2005/9, an oil and gas exploration block in Cambay Basin, Gujarat, with a potential oil […]

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Oil and Gas

IOLPL plans investment worth Rs 34 billion for Ennore terminal capacity expansion

November 15, 2023

IOCL’s JV, IndianOil LNG Private Limited (IOLPL), is planning to invest funds worth Rs 34 billion to double the capacity of the Ennore LNG terminal inside Kamarajar Port in Chennai, Tamil Nadu to 10 mtpa, […]

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Oil and Gas

Think Gas commissions onljne CNG sation in Baghpat

November 15, 2023

Think Gas has commissioned an online CNG station at Bangar, Baghpat. With this, there are nine CNG stations in the Baghpat district of Uttar Pradesh. The station is strategically located on the Saharanpur-Del­hi highway, and […]

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Oil and Gas

GAIL, BPCL signs propane supply agreement worth Rs 630 billion for Usar petrochemical complex

November 15, 2023

GAIL (India) Limited and Bharat Petroleum Corporation Limited (BPCL) have signed a propane supply agreement worth Rs 630 billion for the Usar petrochemical complex. As per the agreement, GAIL will procure 600 ktpa of propane […]

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Oil and Gas

ONGC to commence crude oil production from KG-DWN-98/2 block in December

November 15, 2023

Oil and Natural Gas Corporation Limited (ONGC) is likely to commence production of crude oil from the Cluster 2 fields in the KG-DWN-98/2 (KG-D5) block in the Bay of Bengal in December 2023. The floating […]

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Oil and Gas

ONGC plans Rs 1 trillion investment for two petrochemical plants

November 15, 2023

ONGC has planned to invest Rs 1 trillion to set up two petrochemical plants in two states for the direct conversion of crude oil into high-value chemicals, by 2030. While it plans to set up […]

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Oil and Gas

Think Gas commissions CNG station at Baghpat

November 10, 2023

In a notable development, Think Gas has commissioned its online CNG station at Bangar, Baghpat. With this, there are nine CNG stations across the Baghpat district of Uttar Pradesh. The station is strategically located on […]

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Oil and Gas

GGL opens registration for new PNG connections in Lucknow

November 10, 2023

In a recent development, Green Gas Limited (GGL) has opened registration for new PNG connections in Lucknow, Uttar Pradesh. There are about 0.8 million connections currently, while GGL expects to add around 0.5 million more.

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