Oil & Gas
Hyundai delivers world’s first LNG fuelled Container Ship
September 16, 2020
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
September 15, 2020
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
September 13, 2020
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
September 10, 2020
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
September 10, 2020
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
September 8, 2020
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
September 7, 2020
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
September 4, 2020
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
September 2, 2020
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
September 1, 2020
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
August 28, 2020
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
August 25, 2020
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
August 25, 2020
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
August 18, 2020
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
August 11, 2020
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
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…