The sale of 26 per cent stake by Oil and Natural Gas Corporation (ONGC) in its KG Basin exploration block to a Japanese firm is awaiting the approval of the centr
Category: Oil & Gas
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Minister hopes RIL would comply with audit
Union Petroleum Minister M Veerappa Moily expressed hope that Reliance Industries (RIL) would comply with the audit by Comptroller & Auditor General (CAG
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Govt to move further on shale gas policy
After receiving comments from the industry on the draft shale gas policy, the union oil ministry is expected to move a cabinet note on this
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OMCs set to announce losses in Sept quarter
Delay in the receipt of compensation from the government may cause the oil marketing companies (OMCs) to post losses during the September 2012 quart
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OMCs’ under-recovery for diesel stands at Rs 9.84
For the first fortnight of November effective November 1, the under-recovery incurred by oil marketing companies (OMCs) on sale of diesel remains at a high level of Rs
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Ministry to protect govt interest in RIL issue
Union petroleum ministry said it would continue to protect the government's interest in all force in the matt
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IOCL to begin work on Rs 97 cr project
According to a company source, Indian Oil Corporation (IOCL) has received environment clearance for its Rs 97 crore oil depot project at Jharsuguda in Odisha and work on it
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CNG prices to be dearer in Mumbai
Citing rise in input costs, Mahanagar Gas (MGL) said it would raise the price of compressed natural gas (CNG)
by about 2.57 per cent or Rs
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Cairn India bags FICCI’s safety award
Cairn India, Asia's fastest growing E&P company and one of India's leading upstream oil & gas company, has been awarded the FICCI Safety Excellence award for Manufacturing 2012 for its Ravva oil & gas field in Andhra Pradesh. Cairn India bagged the Platinum award (first prize) under the 'large size category'. At a ceremony in New Delhi last month, the Union Minister of Labour & Employment
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HPCL mulls 9 mn t refinery at Barmer
Hindustan Petroleum Corporation (HPCL) is exploring the option of setting up a 9 million tonne per annum (mn tpa) refinery at Barmer, Rajasthan in collaboration with its other partners.