Assam gives Rs 500 crore to OIL to increase stake in NRL
The Assam government handed over a cheque of Rs 500 crore to Oil India Limited (OIL) as a part of its enhanced 26% share in the Numaligarh Refinery Limited (NRL).
Myanmar
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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) in 2020, says Wood Mackenzie. This…
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. It was the first part of…
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 Rs 909 crore) by ONGC Videsh…