Oil and Natural Gas Corp (ONGC) said that it is investing Rs 24,890 crore in developing marginal oil and gas fields to make up for fall in production at old and ageing properties.
Category: Oil & Gas
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Analysis: Towards a secure O&G pipeline infrastructure
Pipelines will criss-cross the country on an accelerated basis over the next five years. Will they be confronted with land acquisition-like problems?
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KSIDC, Gail to develop gas infra
The Kerala State Industrial Development Corporation (KSIDC) inked a pact with GAIL Gas for setting up gas-based infrastructure projects worth Rs 1,000 crore in the state.
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Essar's Vadinar expansion plan Phase I
Essar Oil (EOL) would coĂÂmplete Phase I of the ongoing expansion project at the Vadinar oil refinery in 2012.
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OIL, HPCL join hands
Oil India (OIL) has signed a Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation (HPCL) to work together in areas of mutual interest.
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GVK eyes partner for oil & gas project
GVK Power & Infrastructure may rope in a partner for furthering its plans for tapping the potential in oil & gas sector.
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Oil Min against independent regulator
The Oil Ministry accepted Chawla Committee's recommendation to make functioning of the Directorate General of Hydrocarbon (DGH) more transparent to prevent corruption charges.
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ONGC to develop 50 gas fields
Oil and Natural Gas Corporation (ONGC) plans to invest about Rs 26,000 crore in putting 50 onshore and offshore fields on production, 49 through inhouse efforts and one through service contract.
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Power Min demands gas for 8 projects
Towards meeting the production of 3,153.5 MW of electricity, through gas, in the 11th Plan period, the Power Ministry has asked the Petroleum Ministry to expressly consider allocating 16.23 million metric standard cubic metre per day (mmscmd) of gas.
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PNGRB clears GSPL grid proj
Gujarat State Petronet (GSPL) received authorisation from the gas regulator PetrolĂÂeum and Natural Gas Regulatory Board (PNGRB) to lay 4,000 km long pipelines on thrĂÂee routes at an investment of Rs 12,500 crore.