Oil and Gas

Oil and Natural Gas Corporation Limited (ONGC) has made two natural gas discoveries at MN-DWHP-2018/1 block in the Mahanadi basin, Bay of Bengal. The first discovery (Utkal) is at a water depth of 714 metres […]

Vedanta Limited has submitted a field development plan (FDP) for Jaya gas discovery under the CB-ONHP-2017/2 block exploration. The block is likely to commence production with over 2,000 barrels of oil equivalent per day initially. […]

The central government has allocated funds worth Rs 297.13 billion to the Ministry of Petroleum and Natural Gas (MoPNG) under the Union Budget 2024-25. Of the total allocation, funds worth Rs 622.4 million have been […]

The union government has inaugurated the Dhamra- Angul section spanning about 412 km under the Jagadishpur- Haldia- Bokaro- Dhamra gas pipeline. The project, being implemented by GAIL (India) Limited, involves construction of a 3,174 km […]

In a notable development, Mangalore Refinery and Petrochemicals Limited (MRPL) has signed a five-year agreement with Bharat Petroleum Corporation Limited (BPCL) for regasified liquefied natural gas (RLNG) supply. As per the agreement, BPCL would supply […]

NTPC Limited and Numaligarh Refinery Limited has signed a non-binding MoU to explore opportunities in NTPC’s bamboo-based bio-refinery at Bongaigaon and other green projects. The MoU envisages collaborative efforts of both the companies to strengthen […]

In a notable development, GAIL (India) Limited has signed a deal with ADNOC Gas for supply of around 0.5 million tonnes per annum liquefied natural gas (LNG) for a period of 10 years, starting from […]

The union government has inaugurated the Tundla- Gawaria pipeline. It involved laying 255 km long cross-country product pipeline from Indian Oil Corporation Limited’s (IOCL) Tundla terminal to IOCL Gawria T-point station in Uttar Pradesh with […]

Indraprastha Gas Limited (IGL) and Genesis Gas Solutions Private Limited have formed a JV, IGL Genesis Technologies Limited, for setting up smart meter manufacturing plant in Noida, Uttar Pradesh. IGL and Genesis Gas would have […]

The Petroleum and Natural Gas Regulatory Board (PNGRB) is planning to establish around 17,751 compressed natural gas (CNG) stations by 2032. Besides, it is also likely to provide 125 million domestic piped natural gas (PNG) […]

Oil and Natural Gas Corporation Limited (ONGC) has received approval from the Ministry of Petroleum and Natural Gas (MoPNG) for the formation of a wholly- owned subsidiary for clean energy projects and gas business. The […]

The Gujarat government has signed 11 MoUs entailing an investment of Rs 670 billion in the petrochemicals sector. These MoUs have been signed to enhance the development of the petroleum and chemicals industry, given the […]

A total of five firms have won contracts for exploration and development of 10 oil and gas blocks spanning over 34,364 square km under the eighth round of the Open Acreage Licensing Policy (OALP) auction. […]

In a recent update, the MoPNG has invited bids for exploration and development of 28 oil and gas blocks, including nine onland, eight shallow water and 11 ultra-deep water blocks, under the ninth round of […]

The central government has inaugurated the Vijayawada-Dharmapuri petroleum product pipeline. The project involved laying of a 697 km petroleum pipeline from Hindustan Petroleum Corporation Limited’s Vizag-Vijayawada-Secunderabad pipeline from Vijayawada to Dharmapuri in the states of […]

GAIL (India) Limited has signed a deal with Vitol Asia Private Limited for the supply of around 1 million tonne per annum liquefied natural gas (LNG) for a period of 10 years, starting from 2026. […]

Notably, ONGC has commenced the production of crude oil from cluster-II fields in KG-DWN-98/2 (KG-D5) block in the Bay of Bengal. The oil production is likely to reach 45,000 barrels per day by June 2024, […]

In a notable development, Mahanagar Gas Limited (MGL) and Baidyanath LNG Private Limited have formed a joint venture (JV), Mahanagar LNG Private Limited, for the development of liquefied natural gas (LNG) network across the country. […]

The union government has inaugurated the Puthuvypeen liquefied petroleum gas (LPG) import terminal. Indian Oil Corporation Limited established facilities for receipt, storage and dispatch of imported LPG at Puthuvypeen special economic zone in Kochi in […]

Oil and Natural Gas Corporation Limited (ONGC) has made two natural gas discoveries in the MN-DWHP-2018/1 block at Mahanadi basin, Bay of Bengal. The first discovery (Utkal) is at a water depth of 714 m […]