An Indian delegation led by Petroleum Ministry M Veerappa Moily to the US would discuss and sign the proposed memorandum of understanding (MoU) between GAIL India and FranceÂ’s EDF, reports suggest. GAIL wants to rope in the French firm in order to facilitate gas trading and sourcing in the US. Going forward, GAIL wants the partnership to acquire shale gas ass
Category: Oil & Gas
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Minister to decide on extending deadline for subsidy scheme
Andhra Pradesh Civil Supplies Minister D Sridhar Babu informed that the Union Oil and Gas Minister Veerappa Moily may take a decision on the extension of the deadline for beginning Adhaar-linked subsidy transfer scheme for LPG cylinders. It may be recalled that oil marketing companies (OMCs) set February 15 as the deadline for providing LPG cylinders on s
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Joint venture of OIL, OVL to bid for Videocon’s stake
A joint venture of Oil India (OIL) and ONGC Videsh (OVL) is in race for the 10 per cent stake of Videocon Energy Ventures in MozambiqueÂ’s Rovuma gas basin. The joint venture firm would compete with energy firms like ExxonMobil, PTT Exploration and Production Public Company, Shell, BP, and China's Sinopec for the stak
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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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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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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