The joint venture of IOCL, Indian Oil LNG, is planning to invest funds worth Rs 34 billion to double the capacity of Ennore LNG terminal inside Kamarajar Port in Chennai, Tamil Nadu. The proposed expansion […]
In a notable development, Indian Oil Corporation Limited (IOCL) has acquired Mercator Petroleum Limited in an insolvency proceeding for Rs 1.48 billion. MPL had won an oil and gas exploration block, CB-ONN-2005/9 in Cambay basin, […]
The central government has commissioned and laid the foundation stone for multiple oil and gas projects across the states of Telangana, Rajasthan and Madhya Pradesh. In Telangana, it commissioned the Hassan-Cherlapalli liquefied petroleum gas (LPG) […]
In a notable development, Union government has inaugurated city gas distribution (CGD) network to provide domestic piped natural gas (PNG) at Ekta Nagar in the state of Gujarat. Gujarat Gas Limited has laid the CGD […]
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 kilo tonnes per […]
In a notable development, Megha City Gas Distribution Private Limited has signed a mid-term agreement with Hindustan Petroleum Corporation Limited (HPCL) for the supply of natural gas. As per the agreement, HPCL will provide a […]
In a remarkable development, Indian Oil Corporation Limited (IOCL) has launched the country’s first gasoline and diesel fuel used by automobile manufacturers for testing vehicles. These fuels having higher specifications, are crucial for calibrating and […]
The windfall tax on domestically produced crude oil decreased to Rs 9,050 per tonne, effective from October 18, 2023. Earlier, the special additional excise duty (SAED) on crude petroleum was fixed at Rs 12,100 per […]
In a notable development, AG&P Pratham has inaugurated city gate station (CGS) at Vallam, Kamcheepuram in the state of Tamil Nadu. With this, there are 32 stations in Kancheepuram geographic area (GA). The CGS will […]
Oil and Natural Gas Corporation Limited (ONGC) is planning to invest Rs 20 billion for setting up two petrochemical plants across the country. Currently, it is looking for land for setting up the projects. The […]
The Union government has inaugurated and laid the foundation stones of multiple oil and gas projects in the states of Telangana, Rajasthan and Madhya Pradesh. It inaugurated the Hassan-Cherlapalli liquefied petroleum gas (LPG) pipeline and […]
The Ministry of Petroleum and Natural Gas (MoPNG) has notified the gas price ceiling for gas produced from discoveries in deepwater, ultra deepwater and high pressure high temperature areas. The price ceiling for the period […]
Oil and Natural Gas Corporation Limited (ONGC) is planning to invest Rs 20 billion for setting up two petrochemical plants across the country. Currently, it is looking for land for setting up the projects. The […]
The Ministry of Petroleum and Natural Gas (MoPNG) has notified the gas price ceiling for gas produced from discoveries in deepwater, ultra deepwater and high pressure high temperature areas. The price ceiling for the period October […]
ONGC is planning to invest Rs 20 billion in the installation of two petrochemical plants across the country. Currently, the company is looking for suitable land for setting up the projects. The projects will be […]
Think Gas has inaugurated its 100th CNG station at Karond, in Bhopal, Madhya Pradesh. It has also inaugurated the first liquefied natural gas dispensing terminal in the Bagroda industrial area. The terminal is likely to […]
Megha City Gas Distribution Private Limited has commissioned two compressed natural gas (CNG) daughter booster stations in the Wardha GA in Maharashtra. Megha Gas plans to set up 15 CNG stations in the Wardha GA. […]
The Barauni-Guwahati natural gas pipeline is likely to commence supply in Guwahati by December 2023. It will connect the state of Assam to the national gas grid. The Barauni-Guwahati natural gas pipeline, being developed by […]
As per reports, the Oil and Natural Gas Corporation (ONGC) has signed a term agreement with Hindustan Petroleum Corporation Limited for the sale of 4.5 million tonnes per annum (mtpa) of crude oil produced from […]
The Petroleum and Natural Gas Regulatory Board (PNGRB) has invited bids for grant of authorisation for the development of city gas distribution (CGD) networks in seven geographical areas (GAs) under the twelfth round of CGD […]
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