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.
Category: Oil & Gas
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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.
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Punj Lloyd bags Rs 3.3 bn order
Punj Lloyd Group won an order worth Rs 330 crore for process facilities and utilities at an upcoming crude oil storage cavern in Mangalore, Karnataka.
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DGH to be more transparent
The Oil Ministry has decided to implement recommendations of an expert panel in the Directorate General of Hydrocarbon (DGH) and make the Directorate's functioning more transparent.
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Fin Min gives nod to $7.2 bn RIL-BP deal
The $7.2 billion deal betwĂÂeĂÂen Reliance Industries and Britain's BP Plc, of which India's largest gas field KG-D6 is one, received approval from the Finance Ministry.
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GAIL's Bengal plans
GAIL India's proposal to invest in West Bengal will be submitted by the company after a few more meetings.
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Gulf Oil to set up lube plant
Gulf Oil Corporation has outlined plans to set up another manufacturing unit for lubricants in South India with an investment of Rs 150 crore complementing its existing plant at Silvassa.
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Gulf Oil to set up lube plant
Gulf Oil Corporation has outlined plans to set up another manufacturing unit for lubricants in South India with an investment of Rs 150 crore complementing its existing plant at Silvassa.
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Oil cos eye ONGC CBM blocks
Essar, Great Eastern Energy and Australia-based Dart Energy have evinced interest in picking up a significant stake in ONGC's coal-bed methane (CBM) blocks located in Bokaro.