Oil and Gas

Tata Motors has completed the delivery of India’s first liquefied natural gas (LNG)-fuelled bus order. The auto manufacturer has delivered four Starbus LNG models to LNG Petronet Limited, with two each delivered in Dahej, Gujarat, and Kochi, Kerala. The […]

The central government has issued an expression of interest (EoI) for Bharat Petroleum Corporation Limited’s (BPCL) divestment. It has set $10 billion as the minimum net worth as one of the eligibility criteria in the […]

Assam-based Numaligarh Refinery Limited (NRL) has started supplying BS-VI grade motor spirit and high speed diesel from its refinery. NRL has asserted that it had commissioned a diesel hydro treater plant in 2018 at a […]

IOCL has made an investment of around Rs 30 billion to upgrade its Haldia refinery to meet Bharat Stage (BS)-VI emission norms. The oil marketing public sector undertaking will invest another Rs 3.88 billion for setting up […]

The Paradip-Hyderabad pipeline project being executed by Indian Oil Corporation Limited (IOCL) is at an advanced stage of completion. The Rs 38 billion project linking the Paradip refinery in Odisha and Hyderabad city will enhance the oil major’s leverage in […]

The central government has eliminated the subsidy on kerosene through small fortnightly price increases over nearly four years amidst low oil prices, enabling savings for the government at a time when it is facing a […]

Duganta Oil and Gas and Orissa Stevedores Limited have won 49 small and marginal oil and gas fields that state-owned Oil and Natural Gas Corporation (ONGC) had bid out. At the close of bidding in […]

The Union Government signed agreement with Oil and Natural Gas Corporation Limited (ONGC) for exploration and development of seven oil and gas (O&G) blocks under the fourth round of Open Acreage Licensing Policy (OALP-IV) on […]

A total of five firms have submitted bids for providing consultancy services for the naphtha to regasified liquefied natural gas (LNG) feed conversion project in Hydrogen Generation Unit-205 at the Manali Refinery in Tamil Nadu. […]

Reliance Industries Limited (RIL) and BG Exploration and Production India Limited (BGEPIL) have transferred a 30 per cent stake each to ONGC to operate the Panna-Mukta-Tapti offshore fields from December 21, 2019. Earlier, ONGC had […]

The central government on January 9, 2020 granted viability gap funding for the MoPNG’s proposal of extending 60 per cent budgetary support worth Rs 55.59 billion for the Northeast Natural Gas Pipeline Grid project. The […]

The Expert Appraisal Committee of the MoEFCC recommended grant of coastal regulation zone clearance for the Ennore-Kancheepuram natural gas pipeline project on November 29, 2019. IOCL has proposed laying of a 30 inch outside diameter […]

The Cabinet Committee on Economic Affairs (CCEA) accorded in-principle approval for strategic disinvestment of stake in BPCL on November 20, 2019. This includes disinvestment of the government’s shareholding of 53.29 per cent in BPCL (except […]

Purba Bharati Gas Private Limited, a joint venture (JV) of Assam Gas Company Limited (AGCL), OIL and GAIL Gas Limited was incorporated on November 19, 2019 for the implementation of city gas distribution (CGD) projects […]

The Oil and Natural Gas Corporation (ONGC) has ended its shale exploration programme ahead of schedule, concluding that India may not have enough commercially extractable shale reserves. With this, the Ministry of Petroleum and Natural […]

Bharat Petroleum Corporation Limited (BPCL) has introduced point-of-sale (PoS) machines along with its distributors to enable consumers to use their credit or debit cards for the payment of liquefied petroleum gas (LPG) cylinders delivered to […]

The Directorate General of Hydrocarbons has launched a single-window clearance system that connects upstream companies to different arms of the government, allows electronic filing of most applications, and sharply cuts time taken in obtaining clearances. […]

NGC Energy India Private Limited in collaboration with Petredec has plans to set up a liquefied petroleum gas (LPG) import and storage terminal at Krishnapatnam port in Andhra Pradesh. The proposal for the grant of […]

The MoEFCC granted the ToR for the Cauvery onshore development drilling project (24 wells) on November 7, 2019. The proposal for the project was submitted on October 1, 2019. It involves drilling 24 wells in […]