Oil majors like ONGC will invest over Rs 74,800 crore in capital expenditure in 2011-12 fiscal.
Category: Oil & Gas
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IOC to upgrade refinery
Indian Oil Corporation (IOC) will invest Rs 4,000 crore to upgrade its refinery in Haldia.
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Haryana Pipe-gas project in slow motion
The project to lay gas pipelines to reach all households and commercial establishments in Gurgaon has been moving at a slow pace.
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IOC sets up terminal in ap
Indian Oil Corporation (IOC) is setting up a terminal at Chittooor and a bottling plant at Nellore in Andhra Pradesh.
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Budget Analysis: Thumbs up … well, almost
The infrastructure investment will reach 8.37 per cent of GDP in the terminal year of the 11th Plan (2011-12). Net bank credit to infrastructure has increased by 59 per cent over previous year. However, total FDI inflows during April-November 2010 were 26.67 per cent lower compared to the inflows during the same period in the previous year.
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Reliance gas from KGD6 to touch 60 mmscmd
Reliance Industries will regain its 60 million standard cu m per day of natural gas output level from its KG-D6 fields on the eastern offshore by April.
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Case Study: Jumpstarting: Information handover from EPC to plant
Using the case of an LNG project in a multinational setting, Angus W Stocking explains how documenting information handover specification benefits multistage data validation.
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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
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
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.