Oil & Gas - Page 30

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

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.

Schlumberger Limited (NYSE:SLB) will hold a conference call on October 21, 2016 to discuss the results for the third quarter ending September 30, 2016. The conference call is scheduled to begin at

L&T Hydrocarbon Engineering (LTHE), a fully owned subsidiary of Larsen & Toubro, in consortium with EMAS CHIYODA Subsea (ECS)1, a 50:50 joint venture company owned by Ezra Holdings Limited and Chiyoda Corporation,

Nearly half of all unplanned downtime is due to equipment failure. 57% of delegates in Iran believe the Iranian Energy Industry should invest to upgrade or replace outdated equipment and processes. 92%