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OVL to invest in Venezuela

OVL to invest in Venezuela

ONGC Videsh (OVL), which has already invested $350 million, intends to invest an additional $500 million in the San Cristobel oil field in Venezuela.

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Gas, crude oil output dip

Gas, crude oil output dip

The country’s natural gas output has fallen for the 17th straight month in April by 11.3 per cent year-on-year. Crude oil production, too, dipped 1.3 per cent.

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Gas, crude oil output dip

Gas, crude oil output dip

The country’s natural gas output has fallen for the 17th straight month in April by 11.3 per cent year-on-year. Crude oil production, too, dipped 1.3 per cent.

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GAIL signs GSPA

GAIL signs GSPA

In a major step forward on the $7.6-billionTurkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project, Turkmenistan’s national oil com­pany, TurkmenGaz,

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GAIL signs GSPA

GAIL signs GSPA

In a major step forward on the $7.6-billionTurkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project, Turkmenistan’s national oil com­pany, TurkmenGaz,

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IOC to complete Rs 43-bn LNG project by 2016

IOC to complete Rs 43-bn LNG project by 2016

The proposed Rs 4,320-crore LNG terminal to be set up by Indian Oil Corporation (IOC) at Ennore Port in collaboration with Tamil Nadu Industrial Development Corporation (Tidco) may be completed by March 2016.