Oil & Gas

A Joint Venture (JV) of Oil and Natural Gas Corporation (ONGC), Hardy Exploration & Production (India) Inc., and Invenire Petrodyne has successfully commenced production from the PY-3 Field, located offshore in the

GAIL (India) and Government of Karnataka have signed a Memorandum of Understanding (MoU) to explore setting up of Renewable Energy projects of upto 1 Giga Watt (GW) in the State. The MoU

Nuberg EPC and EDL Anlagenbau Gesellschaft mbH (a Pörner Group Company) from Germany have signed a Technical Collaboration Agreement (TCA) to explore engineering and sustainable development opportunities across industries including fuel oil

In a landmark achievement for India’s energy sector, the Panna-Mukta and Tapti (PMT) joint venture partners – Shell (through BGEPIL), Reliance Industries (RIL), and Oil and Natural Gas Corporation (ONGC) have successfully

Bharat Petroleum Corporation (BPCL) has announced today that Sanjay Khanna has assumed additional charge as the Chairman and Managing Director of the company. Currently he serves as the Director (Refineries) in the

Asian Energy Services has acquired 100% stake in Kuiper Group, UAE from Gulf Capital (a marquee private equity fund), for a consideration of US$ 9.25 million in an all-cash deal. The acquisition

Indian Oil Corporation has signed a Memorandum of Understanding (MoU) with the Government of Odisha to set up a world-class Petrochemical Complex at Paradip. The MoU was exchanged in the presence of

A natural gas pipeline connecting the Greenfield 5 million metric tonnes per annum (MMTPA) LNG regasification terminal at Chhara in the Gir-Somnath district with the gas grid was commissioned on 20-March-2025. The

by Prabhakar Kulkarni – Head BFSI Advisory, NPV & Associates LLP In the oil and gas industry, currency depreciation is highly crucial since India imports a great deal of its energy. Further