Oil & Gas

Hyundai delivers world’s first LNG fuelled Container Ship

Hyundai delivers world’s first LNG fuelled Container Ship

Hyundai Samho Heavy Industries became the world’s first ship builder to construct an LNG-fuelled Very Large Container Ship (VLCS), taking…
World’s first CNG terminal at Bhavnagar to be constructed at cost of Rs 1,900 Cr

World’s first CNG terminal at Bhavnagar to be constructed at cost of Rs 1,900 Cr

Gujarat’s CM Vijaybhai Rupani granted approval to ‘The Letter of Intent’ for developing the world’s first CNG Terminal Port at…
PM Modi inaugurates three key Petroleum projects in Bihar

PM Modi inaugurates three key Petroleum projects in Bihar

The Prime Minister Narendra Modi dedicated to the nation three key projects related to the Petroleum sector in Bihar via…
USTDA extends supports for India’s first refinery carbon capture project

USTDA extends supports for India’s first refinery carbon capture project

The U.S. Trade and Development Agency announced it is providing grant funding to Indian Oil Corporation Limited as it evaluates…
Dharmendra Pradhan dedicates 56 CNG stations to the nation

Dharmendra Pradhan dedicates 56 CNG stations to the nation

Union Minister of Petroleum and Natural Gas, Dharmendra Pradhan dedicated 56 CNG stations to the nation. These CNG stations are…
Five Petroleum and Gas sector PSUs to join International Solar Alliance

Five Petroleum and Gas sector PSUs to join International Solar Alliance

Five Public Sector Undertakings under Petroleum & Natural Gas Ministry will be joining International Solar Alliance (ISA)’s Coalition for Sustainable…
Fire reignited on the MT New Diamond

Fire reignited on the MT New Diamond

Fire on MT New Diamond reignited on Monday evening which was doused on Sunday by the combined efforts of Indian…
On fire VLCC MT New Diamond a serious threat to environment

On fire VLCC MT New Diamond a serious threat to environment

MT New Diamond carrying over 2,70,000 metric ton crude oil catches fire after couple of explosions in main engine room…
Global regas capacity under construction hits 10-year high at 144 mmtpa

Global regas capacity under construction hits 10-year high at 144 mmtpa

Global regasification (regas) capacity under construction is expected to hit a 10-year high at 144 million tonnes per annum (mmtpa)…
TG Global Trading to boost LNG trading volume to 5 million tons

TG Global Trading to boost LNG trading volume to 5 million tons

Tokyo Gas has announced the establishment of a wholly owned subsidiary, "TG Global Trading" to lead the further development of…
Refiners halt oil import from China linked companies

Refiners halt oil import from China linked companies

Indian refiners have halted buying of crude oil from Chinese linked companies, after recent changes in regulation aimed at restricting…
8,363 projects, with anticipated cost of Rs 5.88 lakh crore kick started since April

8,363 projects, with anticipated cost of Rs 5.88 lakh crore kick started since April

Oil & Gas industry has kick-started economic activities, numbering 8,363 with an anticipated cost of Rs 5.88 lakh crore which…
CNPC holds open day event on Myanmar-China oil, gas pipeline project

CNPC holds open day event on Myanmar-China oil, gas pipeline project

An open day on the Myanmar-China oil and gas pipeline project was held by China National Petroleum Corporation (CNPC) today.…
Baghjan oil well capped after 83 days

Baghjan oil well capped after 83 days

Bhajan Oil Field Well Capping operation was initiated yesterday and the Capping BOP Stack was successfully placed over the Well…
Iran increases crude oil output at North Yaran

Iran increases crude oil output at North Yaran

The third generation of sucker-rod pump (SRP) was installed for the first time in ​​West Karoun oil fields cluster at…
MoPNG simplifies guidelines for grant of authorization for bulk and retail marketing of petrol and diesel

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

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

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

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

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

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

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

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

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

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…
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