oil production
India will contribute 25% of global demand by 2040: Puri
Oil & Gas
January 10, 2023
India will contribute 25% of global demand by 2040: Puri
India has been able to navigate through the most formidable energy crisis the world has seen since the 1973 oil…
Windfall tax to recoup most of ₹1 lakh cr revenue lost in excise cuts
Oil & Gas
July 4, 2022
Windfall tax to recoup most of ₹1 lakh cr revenue lost in excise cuts
The windfall tax on oil produced within India and fuel exported overseas will make up for more than three-fourths of…
Iraq seeks to raise oil production to 8 mn bpd by 2027
Oil & Gas
June 20, 2022
Iraq seeks to raise oil production to 8 mn bpd by 2027
Iraq seeks to raise its crude oil production to 8 million barrels per day (bpd) by the end of 2027…
Fuel prices cannot be controlled till India increases oil production
Oil & Gas
May 19, 2022
Fuel prices cannot be controlled till India increases oil production
Union Minister Rameswar Teli said that prices of petrol and diesel cannot be controlled till India increases production of oil,…
ONGC to open Vindhyan Basin in Madhya Pradesh for gas production
Oil & Gas
April 1, 2022
ONGC to open Vindhyan Basin in Madhya Pradesh for gas production
ONGC, which opened seven out of India’s eight oil and gas producing basins, is on the way to open another…
India’s oil production continues to slide
Oil & Gas
December 22, 2021
India’s oil production continues to slide
India’s production of crude oil, which is refined to produce petrol and diesel, continued to decline in November, with lower…
India to step up oil exploration, production in very big way
Oil & Gas
November 15, 2021
India to step up oil exploration, production in very big way
India will have massive additional areas for oil exploration and production by 2025, said Hardeep Singh Puri, Union Minister of…
ONGC pumps gas from U1B deepwater well in KG basin
Oil & Gas
September 1, 2021
ONGC pumps gas from U1B deepwater well in KG basin
Oil and Natural Gas Corp (ONGC) has pumped first gas from its deep-water U1B well in Krishna Godavari block KG-D5…