Reports indicate that 32 oil and gas blocks received conditional clearance from the defence ministry. The defence ministry has sought a realignment for five of these blocks, which are part of the Krishna Godavari basin, as they overlap with existing notified IAF range areas
Author: admin (Infratructure Today)
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32 oil and gas blocks get conditional nod
Reports indicate that 32 oil and gas blocks received conditional clearance from the defence ministry. The defence ministry has sought a realignment for five of these blocks, which are part of the Krishna Godavari basin, as they overlap with existing notified IAF range areas
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GAIL expects to use 75% capacity in 5 yrs
Media reports suggest that state-run GAIL India expects to achieve around 75 per cent capacity utilisation of its gas transmission network on an average in the next five years. The company expects to achieve this capacity utilisation given that it would have a total capacity of around 250-300 mmscmd by fiscal 2016-17 and have an expe
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GAIL expects to use 75% capacity in 5 yrs
Media reports suggest that state-run GAIL India expects to achieve around 75 per cent capacity utilisation of its gas transmission network on an average in the next five years. The company expects to achieve this capacity utilisation given that it would have a total capacity of around 250-300 mmscmd by fiscal 2016-17 and have an expe
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Hardy Oil & Gas secures extension of license
Hardy Oil & Gas succeeded in obtaining the extension of its exploration licence for the the CY-OS/2 block in Cauvery basin for a further three years from the date on which the block is restored. Ian MacKenzie, Chief Executive of the firm said as operator of the CY-OS/2 block, the firm was looking forw
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Hardy Oil & Gas secures extension of license
Hardy Oil & Gas succeeded in obtaining the extension of its exploration licence for the the CY-OS/2 block in Cauvery basin for a further three years from the date on which the block is restored. Ian MacKenzie, Chief Executive of the firm said as operator of the CY-OS/2 block, the firm was looking forw
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Ministers study draft note on gas pricing
Union Oil Minister M Veerappa Moily informed that the draft note on raising the price of natural gas is under circulation before all the ministries. He also said that his ministry would send the proposal to the cabinet after the consultation of various ministries. The draft note proposes to raise the price of gas produced by state-owned ONGC and OIL from 2013 itself and that for Reliance Industries in 2014
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Ministers study draft note on gas pricing
Union Oil Minister M Veerappa Moily informed that the draft note on raising the price of natural gas is under circulation before all the ministries. He also said that his ministry would send the proposal to the cabinet after the consultation of various ministries. The draft note proposes to raise the price of gas produced by state-owned ONGC and OIL from 2013 itself and that for Reliance Industries in 2014
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CAG, RIL differ on audit of KG D6 block
Media reports suggest that the Comptroller and Auditor General (CAG) of India and Reliance Industries (RIL) are sparring over the scope of the audit for the KG-D6 natural gas fields. On January 17, the CAG has reportedly wrote to the oil ministry saying that RIL was not co-operating with the auditors due to differences over the scope of the audit
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CAG, RIL differ on audit of KG D6 block
Media reports suggest that the Comptroller and Auditor General (CAG) of India and Reliance Industries (RIL) are sparring over the scope of the audit for the KG-D6 natural gas fields. On January 17, the CAG has reportedly wrote to the oil ministry saying that RIL was not co-operating with the auditors due to differences over the scope of the audit