Heinzmann GmbH & Co has received a major order from Indian Rialways (IR) to retrofit an initial 40 diesel locomotives to run on natural gas. This minimises the diesel injection, which is only needed to ignite the gas-air mixture.
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Berth No. 18 under construction at New Mangalore Port
Petroleum Oil and Lubricant (POL) berth no. 13 was recently commissioned at New Mangalore Port to cater to the additional demand of the potential users. This berth has the cargo handling capacity to the tune of 7.8 MTPA. The construction of this berth had cost Rs 79.17 crore.
Oil and gas: Heading for a plateau
Hindsight: Closing the year 2013-14 we expect a good growth in revenue compared to past years, since output has perhaps peaked in this year, because of executing many domestic and international projects.
Oil and gas: Heading for a plateau
Hindsight: Closing the year 2013-14 we expect a good growth in revenue compared to past years, since output has perhaps peaked in this year, because of executing many domestic and international projects.
Oil and gas: Good policy foundation
Hindsight: This was a reasonably good year for O&G in general, in particular for India. The government has performed very well. For the first time, it took some concrete and bold steps, and ensured deregulation of transportation and petrol, distinguished bulk from retail transport. There is some disparity there, needing some practical solutions.
Increased prices have enthused us to explore more gas fields
It´s been a good year for O and G, setting the right agenda for reforms and increased private participation in exploration, says LK Gupta, MD and CEO, Essar Oil, in a conversation with Shashidhar Nanjundaiah.
Will you participate in the upcoming 10th round of NELP?
We have not yet taken a call. If we find value, we will consider it. We are currently more focused on completing our Ranigunj CBM fields and running our Vadinar refining plant optimally. This is a period where we are preparing for f
Re-igniting the spark
With government taking initiative to de-bottleneck the energy sector growth and boost country´s economy, oil and gas majors are busy addressing risk factors and multitasking to integrate their business model in order to ensure future growth, says Pradeep Pandey.
Our growth engine will be exploration overseas
ONGC´s CMD Sudhir Vasudeva is a man in demand even ministers would like him to stay awhile in his chair. In a freewheeling interview with Shashidhar Nanjundaiah, Vasudeva looks back in satisfaction at the accomplishments of his top-ranked PSU, and tells us what to expect.
Coal and Oil gets Rs.1,600 cr bank fund
To complete its 1,200 MW independent power plant (IPP), presently under construction in Tuticorin, Dubai-based Coal and Oil (C and O) Group has secured additional funding of approximately Rs 1,600 crore from Indian public sector banks including the State Bank of India. The power project, which is being developed at a cost of around Rs 6,800 crore is developed by Coastal Energen, the power generating flagship company of the Coal & Oil Group.
Natural gas imports at 8.66 mmt
India imported 8.66 million metric tonne (mmt) of natural gas during April-November 2013 period of current fiscal at a cost of $4182.33 million. Also, India is pursuing Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline project, to get natural gas supply from Turkmenistan via Afghanistan and Pakistan.





