In view of growing protests in the state against Government of India’s recent decision to open up 12 small state oil and gas fields through global tendering, the Assam government has imposed
The oil and gas sector will not gain from the goods and service tax (GST) and will lose out due to compliance with dual taxation regimes and non-creditable tax costs, says a
Policy announcements in the oil and gas sector this year will help unlock Rs 2.5 lakh crore investments and aid in domestic gas production, said Sashi Mukundan, Chairman CII National Committee on
Cairn India, one of the world’s leading independent oil and gas exploration and production companies, has received the prestigious Game Changer Oil & Gas Company of the Year award, constituted by the
A total of Rs 11,591.72 crore worth of royalty and interest for crude oil for the last eight years is due from two PSU firms – Oil India (OIL) and Oil and
GAIL India Ltd the nation's biggest natural gas transporter today said it has placed orders for purchase of 315 km steel pipes to carry fuel to shut fertilizer plants in Bihar. "Taking
State-run Oil and Natural Gas Corporation (ONGC) ended up paying an additional Rs.18,626 crore in subsidies over the period 2011-12 to 2014-15 by overstating its crude oil output, a CAG audit has
Indian refiner Essar Oil's fuel exports will sharply drop in 2018/19 as it ramps up local sales by doubling its retail network and turns some of its naphtha into profitable gasoline, its
Amid protests over the government taking away and auctioning a dozen oil and gas discoveries of ONGC and OIL in Assam to private firms, the two PSUs have sought to clear
Public Sector Upstream Oil Companies Oil India Limited and ONGC Limited made a payment to the Government of Assam, towards differential royalty on pre-discount price for the period from 01.02.14 to 31.03.16.