Oil & Gas - Page 27

The Board of state-owned ONGC has approved signing of a preliminary agreement for buying a stake in Gujarat government firm GSPC's KG basin gas block. The Board of Oil and Natural Gas

India's diesel exports are expected to hover near a three-year high in September, as monsoon rains reduce the need to use the fuel in irrigation pumps, according to traders and refinery sources.

India is talking to the United Arab Emirates (UAE) and Saudi Arabia to fill half of the 1.5 million tonnes (mt) of the Mangalore strategic storage, along with Iranian crude, Minister for

Government will partly fund a $2 billion gas pipeline project linking five eastern states to help kick-start economic growth in a region that has trailed the rest of the country, the oil

Indian Oil Corporation Limited and GAIL (India) Limited have signed an memorendum of understanding (MoU) with Dhamra LNG Terminal Private Limited (DLTPL) for taking equity in the 5 MMTPA capacity LNG Receiving,

India will likely begin auctioning its major oil and gas blocks early next year under its fresh Hydrocarbon Exploration Licensing Policy (HELP) that heralds a major shift from the previous policy by

Petroleum Minister Dharmendra Pradhan launched the 'Gas4India' campaign that is aimed at promoting the use of natural gas in the country and said the country "will move towards a gas-based economy". "The

Indian Oil Corp., the nation's biggest refiner that's also boosting its liquefied natural gas business, is lifting purchases of the fuel to take advantage of a price plunge amid a glut. The

Oil and Natural Gas Corp (ONGC) has awarded a multi-million dollar frame agreement to US energy giant GE Oil & Gas, under which the latter will support the state firm's exploratory drilling

State-owned ONGC shelled out Rs 18,787 crore in excess subsidy over 3 years as it 'over- reported' crude oil production by 12 per cent, which also resulted in extra payment of peformance