With India´s demand for petroleum products poised to grow at more than three per cent annually and the country expected to see average annual GDP growth of 8-8.5 per cent
Category: Oil & Gas
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World´s Longest Natural Gas Pipeline
As one of the world´s most populous cities, Hong Kong needs a consistent stream of clean energy resources to supply its 7.1 million residents with power. The city relies on a mix of fuels, one of those energy sources being natural gas.
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NTPC among LNG subsidy bidders
The second day of imported re-gasified liquefied natural gas (RLNG) auction saw gas-based power plants, with a combined capacity of 3,401 MW
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RIL starts fresh drilling to boost KG-D6 output
Reliance Industries and its foreign partners BP and Niko Resources have commenced fresh drilling at the D1 and D3 fields
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Govt to auction oil fields of ONGC
The Petroleum Ministry has floated a note for the Cabinet Committee on Economic Affairs for auctioning 69 small and marginal oil fields
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PSUs to invest another $6 bn in Mozambique
Government-owned oil exploration and marketing companies would invest another $6 billion (Rs 38,000 crore)
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46 districts to see city gas rollout in 2015-16
In a move that would give 46 new districts in the country gas distribution networks in 2015-16, downstream regulator Petroleum and Natural Gas Regulatory Board (PNGRB)
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ONGC will see production growth
Oil and Natural Gas Corporation Limited (ONGC), the country´s largest oil and gas exploration firm
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Milestone Feat
AFCONS has carved a niche for the company by becoming the first Indian EPC contractor for installing a process platform for ONGC using float-over technology on time.
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Tapti field shows signs of early dry-out
The Tapti gas field, part of the Panna-Mukta-Tapti asset in the west coast of India, has started showing signs of a rapid early decline in output. According to the latest estimates, the field, which was earlier expected to produce till the end of the next financial year, might see production end by June.