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HomeNewsOil and Gas

Oil and Gas

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Oil and Gas

IGGL, ONGC signs three hook-up agreements to link ONGC’s natural gas fileds to NEGG

July 13, 2023

IGGL and ONGC have signed three hook-up agreements to link ONGC’s natural gas fields to the north east gas grid project for transportation of natural gas to consumers from Jorhat, Silchar and Tripura Assets of […]

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Oil and Gas

Five firms submit bids for exploration and production of 10 oil and gas blocks under OALP- VIII

July 12, 2023

A total of five firms have submitted bids for exploration and development of 10 oil and gas blocks under the eighth round of Open Acreage Licensing Policy. These include Oil and Natural Gas Corporation Limited […]

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Oil and Gas

RIL, BP commences natural gas production from MJ gas condensate field

July 6, 2023

The consortium of Reliance Industries Limited (RIL) and BP Exploration (Alpha) Limited (BP) has commenced natural gas production from its deepwater MJ gas condensate field at KG-DWN-98/3 (KG-D6) block, Bay of Bengal. MJ is a […]

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Oil and Gas

GoA likely to invest Rs 8.23 billion as additional equity in Numaligarh Refinery Expansion Project

June 29, 2023

The government of Assam (GoA) is likely to invest Rs 8.23 billion as additional equity in the Numaligarh refinery expansion project. The Assam cabinet approved the investment proposal for additional equity in the refinery expansion […]

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Oil and Gas

PNGRB increases unified tariff for national gas grid system by 10 per cent to Rs 81.1 mBtu

June 29, 2023

PNGRB has increased the unified tariff for the national gas grid system by 10 per cent from Rs 73.9 mBtu to Rs 81.1 mBtu from July 1, 2023. To boost gas consumption, PNGRB had introduced […]

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Oil and Gas

ONGC sells 1.4 mscmd gas from KG-D5 block

June 29, 2023

Reportedly, Oil and Natural Gas Corporation Limited (ONGC) has sold 1.4 mscmd gas, a fraction of the planned output from its KG-D5 block located next to KG-D6 block in the Bay of Bengal to Torrent […]

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Oil and Gas

RIL, BP likely to commence natural gas production from MJ condensate field soon

June 29, 2023

The consortium of Reliance Industries Limited (RIL) and BP Exploration (Alpha) Limited (BP) is likely to commence natural gas production from its deepwater MJ gas condensate field at KG-D6, Bay of Bengal in a couple […]

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Oil and Gas

ONGC commences oil evacuation from Panna oilfields

June 22, 2023

In a notable development, ONGC has commenced oil evacuation from Panna oilfield by linking it in the Arabian sea to shore through a sub-sea pipeline. It includes laying two segments of 37.5 km submarine pipeline […]

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Oil and Gas

AESL wins contract for acquisition of 3D seismic data

June 22, 2023

Asian Energy Services Limited (AESL) has received the letter of award for a contract worth Rs 782.4 million from Oil and Natural Gas Corporation Limited (ONGC) for 3D seismic data acquisition services in Gujarat. Besides, […]

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Oil and Gas

Ace Energy completes HDD works for North- East Natural Gas Pipeline Grid Project

June 22, 2023

Ace Energy Infrastructure Private Limited has completed installation of 3.6 km, 24” pipeline across Subansiri River in Assam by horizontal directional drilling (HDD) technique under the North-East natural gas pipeline grid project, locating it among […]

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Oil and Gas

HPCL wins long term contract from OPaL for supply of natural gas to petrochemical complex at Dahej

June 22, 2023

Reportedly, Hindustan Petroleum Corporation Limited (HPCL) has won a long- term contract from ONGC Petro Additions Limited (OPaL) for supply of natural gas to OPaL’s petrochemical complex at Dahej in Gujarat. The bids for the […]

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Oil and Gas

Commercial production at Barmer refinery to commence by December 2024

June 17, 2023

Commercial production at the Barmer refinery-cum-petrochemical complex is likely to commence by December 31, 2024. The project involves setting up a 9 million tonne per annum (mtpa) capacity oil refinery-cum-petrochemical complex in Barmer district of […]

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Oil and Gas

MRPL plans a new petrochemical plant in Karnataka

June 17, 2023

Mangalore Refinery and Petrochemicals Limited (MRPL) plans to set up a new petrochemical production plant at an investment of Rs 300 billion-400 billion in Karnataka. It is likely to be operational in three to five […]

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Oil and Gas

HOEC plans to drill 18 wells at Kharsang, Arunachal Pradesh

June 17, 2023

Hindustan Oil Exploration Company Limited (HOEC) is planning to drill 18 wells at the Kharsang oilfield in Arunachal Pradesh to increase oil production. According to the field development plan approved by the Directorate General of […]

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Oil and Gas

Megha Gas commissions 100th CNG station at Keesara, Telangana

June 17, 2023

In a notable development, Megha City Gas Distribution Private Limited has commissioned its 100th compressed natural gas (CNG) station at Keesara in Rangareddy district of Telangana. In the eleventh CGD bidding round by Petroleum and […]

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Oil and Gas

IOCL emerges top bidder for Reliance’s KG-D6 gas for second auction in a row

June 14, 2023

Reportedly, Indian Oil Corporation Limited (IOCL) has sought 2.5 million standard cubic metres per day (mscmd) gas out of the 5 mscmd gas auctioned by Reliance Industries Limited (RIL) last month from KG- D6 block […]

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Oil and Gas

Bargarh bio-ethanol refinery project likely to commence operations by October

June 14, 2023

Bargarh bio-ethanol refinery project is likely to commence operations by October 2023. The project has been delayed owing to Covid 19 pandemic. Bharat Petroleum Corporation Limited is establishing its second generation (2G) ethanol bio-refinery in […]

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Oil and Gas

EOGEPL announces collaboration with Sensia for digitalisation of oil and gas field operations

June 12, 2023

In order to enhance its operational efficiencies, Essar Oil and Gas Explo­ration and Production Limited (EOGEPL) has announced a collaboration with Sensia for the digitalisation of oil and gas field operations. The collaboration aims to […]

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Oil and Gas

OIL to commence exploration at Marshaghai soon

June 12, 2023

Oil India Limited (OIL) is likely to commence oil and natural gas exploration at Marshaghai, Odisha, soon. The leasing process is ongoing for the identified areas. Meanwhile, OIL has commenced drilling for oil and natural […]

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Oil and Gas

BPCL announces investment worth Rs 490 billion for Bina Refinery Expansion Project

June 12, 2023

Bharat Petroleum Corporation Limited (BPCL) has announced expansion plans worth Rs 490 billion at the Bina refinery. It involves the establishment of an ethylene cracker project, including downstream pet­rochemical plants and capacity expansion of the […]

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