Oil India continues to be the second largest national oil and gas company in the country in terms of total proved plus probable oil and natural gas reserves and production for the year 2011-12, SK Srivastava, the company's Chairman and Managing Director said.
Tag: Assam
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Assam’s rural road network gets a boost
The Union government has decided to relax norms for Assam so that it can get benefits at par with tribal areas and hill states for constructing rural roads under the Pradhan Mantri Gram Sadak Yojana.
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East-West Petroleum eyes shale reserves in Assam
Assam government received interest from East-West Petroleum Corporation for investing in the state's potential shale gas assets. The Canadian firm, which is owned by the industrialist, Herb Dhaliwal, feels that the state possesses huge shale gas potential and the fuel could be extracted by adopting new technology. Dhaliwal, the first Canadian Cabinet Minister of Indian origin, said his company was keen to invest in a big way in the
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Rs 1,760 cr World Bank’s aid for Assam road project
For improving secondary road network in Assam, the India's north-eastern state, the World Bank on November 5 signed an agreement with the Central and Assam governments to provide $320 million, around Rs 1,760 crore.
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Assam road project gets $320 mn loan from World Bank
World Bank agreed to lend $320-million for improvement and development of some of the roads in Assam
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Gas production down for 14th straight month
The domestic gas production stood down for the 14th straight month in January due to the continuous drop in Reliance Industries-operated Krishna Godavari Basin D6 block output.The output fell by 8.9 percent year-on-year at 3.963 billion cu m. Reliance Industries has told the government that natural gas production at the producing fields in the bloĂÂck was likely to fall.
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Maintenance incentive & community involvement will be checks and balances
Uttar Pradesh, one of the four states that enjoyed a slice of the World Bank aid totalling nearly $1.9 billion, has built 39,568 km of rural roads since the inception of PMGSY. Sanjeev Kumar, Commissioner, Rural Development, tells Shashidhar Nanjundaiah why there is a need for community monitoring systems.
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India to bid for shale gas exploration
In order to meet the growing energy needs, India will lauĂÂnch its maiden bid round for exploration of shale gas during the 12th Plan period (2012-17). As per the available data, six basins - Cambay (in Gujarat), Assam-Arakan (in the North-East)
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HCC, associates secure mega order
Hindustan Construction Company (HCC) in a joint venture with DSD Brouckenbau GmbH, Germany and VNR Infrastructures, has bagĂÂged a Rs 987-crore order from the Northeast Frontier Railway to construct a rail-cum-road briĂÂdge
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O&G Pipeline Security: Shouldn't the new Bill herald a new approach?
As pipelines face threats of protests, sabotage and even potential terror attacks, a new Bill seeks to make punitive clauses more stringent in pilferage and tampering of O&G pipelines.