Oil & Gas
MoPNG simplifies guidelines for grant of authorization for bulk and retail marketing of petrol and diesel
August 4, 2020
MoPNG simplifies guidelines for grant of authorization for bulk and retail marketing of petrol and diesel
The Ministry of petroleum and Natural Gas vide Resolution dated 08.11.2019 has simplified the guidelines for grant of authorization for…
Massive explosion at Baghjan oil field
July 22, 2020
Massive explosion at Baghjan oil field
A massive explosion occurred near well number five of Oil India Limited at Baghjan Oil Field located in Assam’s Tinsukia…
GAIL records 10% increase in PAT to Rs. 6,621 crore in FY 20
June 24, 2020
GAIL records 10% increase in PAT to Rs. 6,621 crore in FY 20
GAIL recorded a Profit after Tax of Rs 6,621 crore for the financial year 2019-20, a rise of 10 %…
Additional investment approved for development of A-1 and A-3 Blocks of Myanmar
June 24, 2020
Additional investment approved for development of A-1 and A-3 Blocks of Myanmar
Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved additional investment of US$ 121.27 million (about…
Financing for Compressed Bio-Gas plants to be brought under priority sector lending
June 23, 2020
Financing for Compressed Bio-Gas plants to be brought under priority sector lending
Government is in the process of including Compressed Bio-Gas under Priority Sector Lending. Speaking at the online inauguration of the…
BP to set up new global business services centre in Pune
June 18, 2020
BP to set up new global business services centre in Pune
Petroleum major British Petroleum (BP) today announced plans to set up a major new centre for its global business services…
Indian Oil refineries throughput crosses 80% as products demand increases
June 10, 2020
Indian Oil refineries throughput crosses 80% as products demand increases
The crude oil throughput of Indian Oil refineries crossed 80%, with consumption of all petroleum products put together almost doubling…
ONGC Hazira supplies NATO grade HSD to Indian Navy during lockdown
May 27, 2020
ONGC Hazira supplies NATO grade HSD to Indian Navy during lockdown
ONGC's Team Hazira successfully supplied rail rakes of 3,300 KL volume of NATO Grade HSD to Indian Navy during COVID-19.…
IOCL raises refinery operations to 60% of design capacity
May 11, 2020
IOCL raises refinery operations to 60% of design capacity
With the demand for petroleum products gradually picking up, Indian Oil has re-started several process units at its refineries that…
Indian Oil initiates door to door delivery of diesel
May 1, 2020
Indian Oil initiates door to door delivery of diesel
Further to the successful pilot launched in March 2018, Indian Oil has started its unique initiative for door -to-door delivery…
Indian Oil resumes work on select projects
April 22, 2020
Indian Oil resumes work on select projects
Indian Oil has commenced resumption of stalled activities on the projects front and is fully geared to ramp up operations…
1.51 Crore free LPG cylinders distributed so far to the PMUY beneficiaries
April 16, 2020
1.51 Crore free LPG cylinders distributed so far to the PMUY beneficiaries
More than 1.51 Crore free LPG cylinders have been distributed so far to the PMUY beneficiaries under the Pradhan Mantri…
About 85 lakh PMUY beneficiaries got LPG cylinder in April
April 12, 2020
About 85 lakh PMUY beneficiaries got LPG cylinder in April
GoI has announced pro-poor initiatives under Pradhan Mantri Garib Kalyan Yojana, as part of economic response to Covid-19. This is…
G20 Extraordinary Energy Ministers meeting
April 10, 2020
G20 Extraordinary Energy Ministers meeting
Petroleum Minister Dharmendra Pradhan, participated in the G20 Extraordinary Energy Ministers’ virtual Meeting on 10th April 2020. The meeting was…
OMCs announce Ex-Gratia of Rs 5 Lakh for delivery boys and others workers
March 30, 2020
OMCs announce Ex-Gratia of Rs 5 Lakh for delivery boys and others workers
Oil marketing companies- IOCL, BPCL and HPCL today announced an ex-gratia amount of Rs 5 lakh each, as a one-time…
Reforms in exploration and licensing policy
March 16, 2020
Reforms in exploration and licensing policy
Ministry of Petroleum and Natural Gas is working in collaboration with various Central Government Ministries to make efforts to achieve…
Share of gas in the energy basket
March 11, 2020
Share of gas in the energy basket
Natural Gas being an alternative cleaner fossil fuel has a major role in catering the growing energy demand in a…
ExxonMobil, IndianOil and Chart Industries to pioneer virtual pipeline initiative
February 25, 2020
ExxonMobil, IndianOil and Chart Industries to pioneer virtual pipeline initiative
ExxonMobil India LNG Limited has signed a Letter of Cooperation with Indian Oil Corporation Limited and Chart Industries, Inc. to…
ONGC flags off its first Offshore Supply Vessel through JNPT
January 11, 2020
ONGC flags off its first Offshore Supply Vessel through JNPT
Members of Panna-Mukta Takeover Project (PMTOP) flagged off the offshore supply vessel Albatross-5 carrying cargo for Panna platform from the…
IOCL commences deliveries of IMO 2020 compliant marine fuel
November 1, 2019
IOCL commences deliveries of IMO 2020 compliant marine fuel
IndianOil has commenced deliveries of IMO-2020 compliant Low Sulphur Furnace Oil (LSFO) with 0.5% Sulphur as marine fuel at Indian…
ONGC Videsh makes two new discoveries in Colombia and Brazil
October 16, 2019
ONGC Videsh makes two new discoveries in Colombia and Brazil
ONGC Videsh has recorded discoveries of oil in its onshore exploration block CPO-5, Colombia in the Llanos basin and major…
ExxonMobil expands LNG collaborations in India
October 15, 2019
ExxonMobil expands LNG collaborations in India
ExxonMobil India LNG Limited, an affiliate of ExxonMobil, signed an MoU with Indian Oil Corporation Ltd. (Indian Oil), the largest…
ONGC, IOCL sign maiden Crude Oil Sales Agreement for North East
October 9, 2019
ONGC, IOCL sign maiden Crude Oil Sales Agreement for North East
ONGC and IOCL signed Crude Oil Sales Agreement (COSA) for North East on 1st October at New Delhi. The COSA…
PSU OMCs constrained to stop fuel supply to Air India at six airports
August 23, 2019
PSU OMCs constrained to stop fuel supply to Air India at six airports
PSU Oil Marketing Companies (OMCs - IOC, BPC and HPC) have been constrained to suspend supply of jet fuel to…
Insurance for Gas Cylinder Blast Victims
July 24, 2019
Insurance for Gas Cylinder Blast Victims
Oil Marketing Companies take comprehensive Insurance Policy under ‘Public Liability Policy for Oil Industries’ to provide speedy relief to the…