Oil and Gas

The MoPNG has launched the dealer-owned dealer-operated model for setting up compressed natural gas (CNG) stations. The general guidelines for the schemes under which the entire earmarked dealer plots will be developed exclusively for setting […]

The cabinet was apprised of the MoPNG joining the International Energy Agency’s Technology Collaboration Programme on Bioenergy (IEA Bioenergy TCP) as its 25th member on January 25, 2019. IEA Bioenergy TCP is an international platform […]

The Ministry of Petroleum and Natural Gas launched the third bid round under the Open Acreage Licensing Policy on February 10, 2019. Under this round, 23 blocks, covering an area of over 31,000 square km […]

The central government has amended the model revenue sharing contract for the second round of bidding under the Discovered Small Fields [DSF] Policy. The amendments include termination of contract in case a contractor fails to […]

Under the second round of DSF auctions, a total of 39 firms have submitted bids. These comprise five public sector undertakings (PSUs), 28 private firms and six foreign companies. Of the total 145 bids received, […]

A total of 225 firms have submitted bids for development of city gas distribution (CGD) networks in 50 geographical areas (GAs) under the tenth round of CGD bidding. Bids have been received from Adani Gas […]

The central government has inaugurated Phase III of the Kochi integrated refinery expansion project and laid the foundation stone for the polyol, propylene glycol and monoethylene glycol petrochemical project at the Kochi refinery on January […]

The Gujarat government has signed MoUs for three terminal projects in Gujarat. The projects are the Dahej liquefied natural gas (LNG) terminal expansion (Phase II) project, the Mandvi crude oil terminal project and the Hazira […]

An MoU has been signed between the Adani Group and BASF for a Rs 160 billion petrochemicals production hub at Mundra in Gujarat. The firms will form a JV, in which BASF is expected to […]

The Gujarat government signed an MoU with Foresight Group International on January 18, 2019 for setting up a compressed natural gas (CNG) terminal on the Gujarat coast. The project involves development of CNG receiving infrastructure […]

The Directorate General of Civil Aviation has granted a licence to Steel Authority of India Limited for operating flights from Rourkela airport in Odisha under the RCS. The licence has been granted after the Ministry […]

The Oil and Natural Gas Corporation plans to drill 200 development wells in Sivasagar district of Assam. Of these 200 wells, 70 will be drilled in the Geleki field with average depths ranging from 2,200 […]

Cairn India Limited plans to augment the production capacity of its RJ-ON-90/1 block in Barmer in Rajasthan. The production capacity is to be increased to 400,000 barrels of oil per day and 750 million standard […]

The refinery-cum-petrochemicals project at Ratnagiri in Maharashtra is likely to be delayed by three years. Initially, the project was planned to be commissioned by 2022, but now the commissioning date is expected to be pushed […]

The foundation stone for the development of the Paradip-Hyderabad product pipeline (PHPL) and the Bokaro-Angul section of the Jagdishpur-Haldia and Bokaro-Dhamra Gas Pipeline (JHBDPL) project was laid on December 24, 2018. The 1,212 km long […]

Petronet LNG Limited has planned the capacity expansion of its Dahej liquefied natural gas (LNG) terminal in Gujarat from 15 million tonnes per annum (mtpa) to 20 mtpa. The project is expected to entail an […]

IOCL is planning to invest Rs 6 billion-Rs 7 billion for augmenting its liquefied petroleum gas (LPG) production facility and LPG storage facility across northeast India. This is in response to an increase in LPG […]

The Ministry of Petroleum and Natural Gas (MoPNG) has released the notice inviting offer and the model revenue sharing contract for Open Acreage Licensing Policy (OALP), Bid Round II. Under this round, 14 exploration and […]

The government has formed a six-member committee to look into selling up to 149 small and marginal oil and gas fields owned by ONGC and Oil India Limited to private and foreign companies. The panel […]

Great Eastern Energy Corporation Limited (GEECL) is planning to invest $2 billion in its Raniganj (South) block to explore shale reserves in the block. The first half of 2019 will be used for drilling core […]