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ONGC strikes shale gas in WB

ONGC strikes shale gas in WB

Oil and Natural Gas Corporation (ONGC) has struck shale gas reserves, thus creating an exploration landmark when gas flowed out from the Barren Measure shale at a depth of around 1,700 m, in RNSG-1 well near Durgapur at Icchapur, West Bengal.

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Vedanta-Cairn subject to 11

Vedanta-Cairn subject to 11

The Ministry of Oil and Petroleum is willing to give in-principle approval for Vedanta Resources’ acquisition of Cairn India, provided the Vedanta agrees to a set of 11 preconditions.

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Koyali refinery now 18 mtPA

Koyali refinery now 18 mtPA

Indian Oil Corporation (IOC) has plans to invest Rs 5,000 crore for expanding its Koyali refinery capacity in Gujarat from 13.7 mtpa to 18 mtpa refinery.

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Govt monitoring crude oil prices: Mukherjee

Govt monitoring crude oil prices: Mukherjee

Expressing concern over the rise in crude oil prices in international markets due to turmoil in the Middle East, Finance Minister Pranab Mukherjee said the government is monitoring the situation and will manage it.

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Punj Lloyd bags three O&G orders

Punj Lloyd bags three O&G orders

Punj Lloyd has bagged three oil and gas orders, aggregating Rs 645 crore in India, Oman and Indonesia. Occidental’s Rs 323 crore entails construction of a water treatment plant in Oman.

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DMU factory MOVES TO haldia

DMU factory MOVES TO haldia

The Railways intends to shift the proposed DMU coach factory project from Sankrail in Howrah to Haldia due to opposition by a section of landlosers.