Oil & Gas

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…
$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…
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
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…
Blending of biodiesel in diesel in India is less than 0.1%

Blending of biodiesel in diesel in India is less than 0.1%

The present percentage of blending of biodiesel in diesel is less than 0.1 per cent, the government informed the Lok…
Gautam Adani floats company to foray into petrochemicals

Gautam Adani floats company to foray into petrochemicals

Gautam Adani's ports-to-energy conglomerate has floated a new subsidiary that will set up refineries, petrochemical complexes and hydrogen plants businesses
Hardeep Singh Puri launches DSF Bid Round-III

Hardeep Singh Puri launches DSF Bid Round-III

Minister of Petroleum and Natural Gas Hardeep Singh Puri launched the Discovered Small Field (DSF) Bid Round-III.
India seeks reasonable price from oil producers

India seeks reasonable price from oil producers

India has asked crude oil producers, including OPEC, to price oil at reasonable rates and to provide better commercial terms…
Govt confirms French court order against Indian assets

Govt confirms French court order against Indian assets

government confirmed that a French court has ordered the freezing of certain Indian assets in Paris on a petition by…
Torrent Gas plans Rs 10,000 crore capex in 5 years

Torrent Gas plans Rs 10,000 crore capex in 5 years

Torrent Gas, part of the USD 3 billion Torrent Group, has drawn up a Rs 10,000 crore capital expenditure plan…
Government starts justifying high central tax on petrol, diesel

Government starts justifying high central tax on petrol, diesel

The government has justified high level of taxation on auto fuels suggesting that revenue from petroleum sector is important for…
Prompt action by ONGC prevents a major mishap

Prompt action by ONGC prevents a major mishap

Prompt action by state-owned ONGC with assistance from the Coast Guard averted the collision of an empty LPG tanker, that…
6.5 MMT storage to be added under phase-2 of SPR

6.5 MMT storage to be added under phase-2 of SPR

Under Phase II of the petroleum reserve programme, Government has given approval in July 2021 for establishing two additional commercial-cum-strategic…
33,764 km gas pipeline network for national gas grid

33,764 km gas pipeline network for national gas grid

PNGRB has authorized approximately 33,764 Km Natural Gas Pipeline Network across the country with the aim to create a national…
Kerala vet gets patent for biodiesel from chicken waste

Kerala vet gets patent for biodiesel from chicken waste

After waiting for more than seven years, John Abraham, a veterinary-doctor-turned-inventor, has finally received the patents for inventing biodiesel from…
Israel freezes oil deal with UAE over environmental concerns

Israel freezes oil deal with UAE over environmental concerns

Israel's environmental protection ministry said Sunday it was delaying implementation of a proposed oil transport deal with the United Arab…
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