Oil and Gas

Bharat Petroleum Corporation Limited (BPCL) has planned a capital expenditure of Rs 1,500 billion over a period of five years towards its transformative initiative, Project Aspire. As part of this project, along with growing its […]

Oil and Natural Gas Corporation Limited (ONGC) is planning to invest Rs 2 trillion on clean energy projects to meet its 2038 net zero carbon emissions goals. ONGC would invest Rs 1 trillion by 2030, […]

Shell India is planning to set up liquefied natural gas (LNG) regasification terminal in Gujarat. It will entail an investment of around Rs 5 billion for in the LNG regasification terminal, asset integrity rejuvenation, and […]

Reportedly, Vedanta Limited is seeking a minimum of USD9.5 per million British thermal unit (mBtu) for sale of natural gas from RJ-ON-90/1 block at Barmer in Rajasthan. It has sought bids for sale of 0.6 […]

In a notable development, GAIL (India) Limited has planned a capital expenditure of Rs 300 billion for the development of pipelines, ongoing petrochemical projects, CGD projects, operational capex, and equity contribution in group companies over […]

In a recent development, the government of Haryana (GoH) has approved the acquisition of 349 acres of panchayat land (out of 600 acres), in three adjoining villages of Asan Kalan, Khandra and Bal Jattan for […]

In a notable development, Megha City Gas Distribution Private Limited has inaugurated two compressed natural gas (CNG) stations at IOCL’s Annapoorani service station in Tiruvannamalai geographic area (GA) and Hindustan Petroleum Corporation Limited’s (HPCL) Sri […]

PNGRB in collaboration with the World Bank has initiated study for hydrogen transmission in natural gas pipelines and CGD networks. The study comprises of mapping demand and supply of hydrogen, technical assessment of the existing […]

Oil and Natural Gas Corporation Limited (ONGC) is planning to set up two greenfield oil to chemical projects in the country for converting crude oil to high value chemical products. ONGC plans to explore opportunities […]

In a recent development, AG&P Pratham has inaugurated its 13th compressed natural gas (CNG) station in Bagalkot district at Mahalingpur, Karnataka. With this, there are 23 stations in the Bagalkot-Koppal-Raichur geographical area (GA). Besides, it […]

ONGC has signed a term contract with BPCL for the sale of crude oil from Mumbai region. The contract marks the first ever term contract under the marketing freedom regime. Recently, the government of India […]

Essar Oil and Gas Exploration and Production Limited (EOGEPL) is planning to invest Rs 20 billion in the coming 18-24 months for drilling 200 wells for the Raniganj coal-bed methane (CBM) block, in order to […]

Indradhanush Gas Grid Limited (IGGL) and GAIL (India) Limited have signed an interconnection agreement to connect north east natural gas pipeline to Barauni-Guwahati natural gas pipeline at Jalpaiguri in West Bengal, Baihata and Panikhaiti in […]

Petroleum and Natural Gas Regulatory Board (PNGRB) has granted authorisation to GAIL (India) Limited for the development of Gurdaspur- Jammu natural gas pipeline. The bids for the same were invited by PNGRB in January 2023. […]

Kalpataru Projects International Limited (KPIL) has received order worth Rs 2,250 million for cross country oil and gas pipeline project. KPIL is one of the largest specialised engineering, procurement and construction companies engaged in power […]

Indraprastha Gas Limited (IGL) and Genesis Gas Solutions have signed an agreement to form JV for smart meter manufacturing plant. IGL and Genesis Gas will have 51 per cent and 49 per cent stake respectively. […]

In a notable development, Megha City Gas Distribution Private Limited has commissioned its compressed natural gas (CNG) station at Dindigul in Tamil Nadu. In the eleventh city gas distribution (CGD) bidding round by Petroleum and […]

Alphageo (India) Limited has secured a contract worth Rs 393.3 million from Oil and Natural Gas Corporation Limited (ONGC) for data acquisition at GV-ONHP-2021/2 block, sector-2 in Ganga basin. In this contract, the company will […]

IOCL has signed deals to import liquefied natural gas (LNG) on a long term basis from United Arab Emirates’ (UAE) Abu Dhabi Gas Liquefaction Company Limited and France’s Total Energies Gas and Power Limited during […]

ThyssenKrupp Industrial Solutions (India) Private Limited has won contract worth USD100 million for engineering, procurement and construction of grassroot polybutadiene rubber (PBR) plant on lump sum turnkey basis at IOCL’s Panipat refinery and petrochemical complex. […]