Oil and Gas

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 […]

The Adani Group and German chemical company BASF SE signed an MoU with the Abu Dhabi National Oil Company (ADNOC) and Borealis AG for conducting a joint feasibility study for the development of the Gujarat […]

The Prime Minister’s Office has agreed to the Ministry of Petroleum and Natural Gas’s proposal of extending 60 per cent budgetary support worth Rs 55 billion for the North-East natural gas pipeline grid project. The […]

The Mundra liquefied natural gas (LNG) terminal project is expected to be commissioned by December 2019. The project involved setting up of an import, storage and regasification terminal with a capacity of 5 mtpa at […]

The central government has directed ONGC to operate the Panna-Mukta-Tapti (PMT) offshore fields from December 21, 2019. Earlier, Reliance and Shell each owned a 30 per cent participating interest in the PMT fields, while ONGC […]

Mahanagar Gas Limited (MGL) has cut down prices for CNG supplied to vehicles by Rs 2.04 per kg and for domestic PNG by Rs 1.19 per standard cubic metre (scm) in and around Mumbai, effective […]

Indraprastha Gas Limited (IGL) has rolled out more than 200,000 new piped natural gas (PNG) connections and expanded its compressed natural gas (CNG) network to 500 stations by setting up 54 new outlets in 2018-19. […]

The Oil and Natural Gas Corporation (ONGC) has proposed the drilling of about 24 wells in CY-ONHP-2018/3 block in the Ramanathapuram and Sivaganga districts in Tamil Nadu. The proposal for grant of the terms of […]

Cairn Oil and Gas, a vertical of Vedanta Limited, is planning to drill 78 wells for onshore exploration of oil and gas at RJ-ONHP-2017/3 block in Jalore district in Rajasthan. Besides, the proposal for grant […]

The detailed project report (DPR) for the Raigad mega refinery and petrochemicals complex project is expected to be completed by December 2019. The project involves development of a 60 mtpa refinery-cum-petrochemical complex at Raigad in […]

Torrent Gas Private Limited has acquired Mahesh Gas Limited, Siti Energy Limited and Dholpur CGD Private Limited that are implementing city gas distribution (CGD) projects in Maharashtra, Uttar Pradesh and Rajasthan respectively. The Mahesh Group […]

The central government inaugurated the Motihari-Amlekhgunj product pipeline project on September 10, 2019. IOCL had completed the construction work on the project in July this year. The project involved laying a 10.75 inch outside diameter […]

Petronet LNG Limited (PLL) plans to take a 26 per cent stake in a 1 million tonne (mt) capacity terminal for import and regasification of the super cooled fuel. The terminal will be operated by […]

The Oil and Natural Gas Corporation (ONGC) is planning to drill 46 exploratory wells in 12 onshore mining lease blocks in Mehsana district in Gujarat at a cost of Rs 5 billion. The corporation has […]