OVL strikes commercial oil in CPO-5 block of Colombia
ONGC Videsh Limited (OVL) has made a significant strike of oil in its onshore block CPO-5, Colombia, in Llanos Basin.
Oil and Gas
The latest Oil and Gas news, analysis and data from India and across Asia, reported by Energy Asia.
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OIL launches Rs 220 cr seismic campaign in Mahanadi basin
Oil India Ltd (OIL) launched a Rs 220 crore seismic campaign to locate oil & gas in the Mahanadi basin in Odisha.
ONGC and OIL signs contract for 11 oil and gas blocks
Oil and Natural Gas Corp has engaged contracts for seven oil and gas blocks it had won in the recent bid round. Oil India Ltd signed…
Cairn’s temporary extended till January for Barmer block
Cairn Oil and Gas has been denied full extension of production sharing contract once again with the government allowing the company to operate the oilfield only…
ONGC bags 7 and OIL bags 4 blocks for exploration
ONGC has won 7 out of 11 oil and gas exploration blocks offered for bidding in the latest licensing round, Directorate General of Hydrocarbons (DGH) said.…
ONGC Videsh set to lose Farzad-B gas field in Iran
India has all but lost the ONGC Videsh discovered Farzad-B gas field in the Persian Gulf after Iran decided to prefer domestic companies over foreign firms…
Energy exploration ban on China lifted by Philippines
The Philippine president has approved the lifting of a ban on oil and gas exploration in or near disputed areas of the South China Sea that…
Vietnam launches country’s largest solar farm
Vietnam's Trung Nam Group launched a 450-megawatt solar farm, the largest of its kind in the SE Asian country, which is seeking to boost the proportion…
OIL starts exploration in Andaman sea
Oil India Ltd said it has started exploring for oil and gas in the Andaman sea. They have begun acquiring seismic data on the shallow water…
ONGC to explore oil and gas at Bikaner for 3 years
ONGC will explore oil and natural gas in an area of 2,118.83 SQ KM at Bikaner, for which the company has been allocated a block for…
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 Head. The 16 studs were also…
Rajnath Singh launches online portal for issue of NOC for power, oil & gas exploration projects
Defence Minister Rajnath Singh in the presence of MoS for Defence Shripad Y Naik today launched a new web portal for issue of No Objection Certificate…
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 were down due to the lockdown.…
Initiatives taken for Increasing Domestic Production of Oil and Gas
The Government has taken various policy initiatives to increase domestic production of oil and gas. Government had approved major reforms in exploration and licensing policy to…