Kurukshetra will be soon getting its first bio-CNG plant based on agri-waste. A Memorandum of Understanding (MoU) was signed between the Indian Oil Corporation (IOCL) and the Haryana Renewable Energy Development Agency (HAREDA).
Category: Oil & Gas
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Government signs OALP-1 for 55 gas and exploitation areas
The government will be signing Open Acreage Licensing Policy (OALP) round-1 contracts for 55 oil and gas exploitation areas.
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GAIL India to add 5,500 km gas pipeline
In order to boost its capacity by 50 per cent in the coming three years, GAIL India plans on adding 5,500 km gas pipeline.
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EIL bids to buy out government stake in PDIL
Engineers India (EIL) plans to bid in order to acquire the governmentÂ’s 100 per cent stake in Projects and Development India (PDIL).
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SMS bags Rs 200 million order to supply gas insulated substation
As soon as a new state-of-the-art gas insulated substation is installed at Patto Plaza, the power station in Panaji will improve.
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Cabinet approves additional 6.5 MMT petroleum reserves
The Union Cabinet has approved establishment of additional 6.5 million metric tonne (MMT) Strategic Petroleum Reserve (SPR) facilities at two locations
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Saudi ARAMCO and ADNOC sign MoU
Saudi Aramco and ADNOC signed a memorandum of understanding
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SOPAN to provide eco- friendly enhanced oil recovery solutions
This makes the technology suitable during both high and low crude oil rates. In addition, the process requires no topside modification offshore, therefore eliminating any need for incremental capex.
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Maharashtra to increase the share of services sector from 49% to 65%: CM Fadnavis
Maharashtra has always led the countrys industrial development scenario and continues to attract the largest quantum of investments both domestic and foreign.
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Post Budget Analysis | OIL & GAS
Provision of revenue expenditure/subsidy for sensitive petroleum products of ~Rs 217 billion for FY2019 and 2018v19 (BE), excluding allocation of new LPG connections to poor families.