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OVL restarts production from Sudan asset

OVL restarts production from Sudan asset

Dinesh K Sarraf, Managing Director of ONGC Videsh (OVL) said the firm started producing crude oil from its oilfields in Sudan, which was halted 15 months ago owing to the partition of the African nation.

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Essar Oilfields procures rigs for CBM wells

Essar Oilfields procures rigs for CBM wells

Essar Oilfields Services is in the process of procuring six on-shore drilling rigs for coal bed methane (CBM) at a cost of about $36 million. These rigs have greater mobility as required in CBM drilling,

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GAIL’s Kochi LNG terminal by July

GAIL’s Kochi LNG terminal by July

GAIL India plans to commission its Kochi liquefied natural gas (LNG) terminal in July. Initially, the terminal was about 2.5 million tonne (mt) capacity and the pipelines were to be laid within Kerala only,

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Natural gas output declines

Natural gas output declines

Production of natural gas from domestic assets declined to 118 million standard cubic metre per day (mmscmd) in 2012-13 from 130 mmscmd in the previous year.

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CIL’s net rises

CIL’s net rises

The consolidated net profit of Coal India (CIL) rose 34.9 per cent year-on-year to Rs 5,414 crore during January-March 2013.