Oil & Gas

Fuel prices cut by 15 paise/litre after a week’s break

Fuel prices cut by 15 paise/litre after a week’s break

Fuel consumers have finally been given some relief from high prices of petroleum products with oil marketing companies reducing the…
ADNOC awards Pakistani consortium exploration rights

ADNOC awards Pakistani consortium exploration rights

Abu Dhabi National Oil Company (ADNOC) had signed an exploration concession agreement with a consortium of four Pakistani companies, in…
Crude oil futures dip on weak demand

Crude oil futures dip on weak demand

Crude oil prices on Tuesday fell by Rs 61 to Rs 5,010 per barrel after participants cut their positions. On…
Indonesia approves plan to develop Ubadari gas field

Indonesia approves plan to develop Ubadari gas field

Mitsubishi Corp and other Japanese firms said an Indonesian regulator has approved their plan to develop the new Ubadari gas…
Era of leaded petrol finally over globally, says UN

Era of leaded petrol finally over globally, says UN

When service stations in Algeria stopped providing leaded petrol in July, the use of leaded petrol ended globally.
Nayara Energy ties up Rs4,000 cr to foray into petrochemical

Nayara Energy ties up Rs4,000 cr to foray into petrochemical

Nayara Energy said it has achieved financial closure for phase-one expansion plans for petrochemical business following the tie-up of Rs…
MEIL hands over second oil rig to ONGC, more by 2022

MEIL hands over second oil rig to ONGC, more by 2022

MEIL said it has delivered the second oil rig to ONGC, and another 21 rigs will be supplied to the…
Govt sensitive to fuel price rise, relief in coming month: Puri

Govt sensitive to fuel price rise, relief in coming month: Puri

Union Petroleum Minister Hardeep Singh Puri said that the Central government is sensitive to fuel price rise while also hinting…
Morbi ceramic industry face Rs100cr burden due to gas price

Morbi ceramic industry face Rs100cr burden due to gas price

A hike in the price of industrial gas by Gujarat Gas Ltd will put an additional burden of over Rs…
Petrol, diesel prices cut as global oil rates soften

Petrol, diesel prices cut as global oil rates soften

the pump price of petrol and diesel was cut 15 paise per litre to Rs 101.49 a litre and Rs…
Vedanta discovers natural gas in Gujarat

Vedanta discovers natural gas in Gujarat

Vedanta said it has made a natural gas discovery in a block in Gujarat that it had won in the…
Adani Total Gas acquires gas meter manufacturing company

Adani Total Gas acquires gas meter manufacturing company

Adani Total Gas Ltd, the city gas joint venture of Adani Group and Total Energies of France - has acquired…
Petronet aims to extend long-term LNG buy deal with Qatar

Petronet aims to extend long-term LNG buy deal with Qatar

India's top gas importer Petronet LNG hopes to extend its long-term deal to purchase liquefied natural gas (LNG) from Qatar…
DGH overhauls approval processes for oil, gas fields

DGH overhauls approval processes for oil, gas fields

A self-certified declaration of a commercial oil or gas discovery is all that is now needed by a company to…
PM sets 2047 target for India to become energy independent

PM sets 2047 target for India to become energy independent

Prime Minister Narendra Modi on Sunday set a target of becoming 'energy independent' by 2047 through a mix of electric…
NTPC to setup pilot project on Hydrogen blending with Gas

NTPC to setup pilot project on Hydrogen blending with Gas

NTPC Limited has floated a global Expression of Interest (EoI) to set up a Pilot Project on Hydrogen Blending with…
Bangladesh discovers new gas field worth over $148 mn

Bangladesh discovers new gas field worth over $148 mn

Bangladesh has announced to have discovered a new gas field containing a probable reserve of about 68 billion cubic feet…
Modi launches Ujjwala 2.0 to provide free LPG connections

Modi launches Ujjwala 2.0 to provide free LPG connections

Prime Minister Narendra Modi launched Ujjwala 2.0, the second phase of the Pradhan Mantri Ujjwala Yojana (PMUY) by handing over…
Parliament passes bill to bury ghost of retrospective taxation

Parliament passes bill to bury ghost of retrospective taxation

Parliament cleared a bill to bury the ghost of retrospective taxation which had created discontent among foreign investors.
Mizoram stares at fuel shortage amid border row

Mizoram stares at fuel shortage amid border row

The Mizoram government ordered rationing the purchase of diesel and petrol as the movement of vehicles, including the tankers carrying…
Leak from ONGC gas pipeline triggers panic in South Tripura

Leak from ONGC gas pipeline triggers panic in South Tripura

Gas leak from a pipeline of the state-run ONGC at Dhananjoynagar in South Tripura district triggered panic on Friday
$300-400M investment expected in latest oil & gas bid round

$300-400M investment expected in latest oil & gas bid round

India on Friday launched a new oil and gas exploration bid round, hoping to attract USD 300-400 million investment in…
Total 105 exploration blocks awarded under OALP

Total 105 exploration blocks awarded under OALP

The Minister for Petroleum and Natural Gas, Rameswar Teli in a written reply to a question in the Rajya Sabha…
Government making all efforts to reduce crude oil imports

Government making all efforts to reduce crude oil imports

Minister of Petroleum and Natural Gas, Rameswar Teli in a written reply to a question in Rajya Sabha informed that…
MSRTC issues tenders for LNG and wet lease buses

MSRTC issues tenders for LNG and wet lease buses

The Maharashtra State Road Transport Corporation invited bids for hiring 500 ordinary buses as well as conversion of diesel buses…
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