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We Are Focused on Energy Transition in India

We Are Focused on Energy Transition in India

Nitin Prasad, Chairman, Shell Companies in India feels that the government is on the right track with its measures to attract international investments into the oil and gas sector. Speaking to INFRASTRUCTURE TODAY on the sidelines of FICCI's Business and Climate Summit, he also touched upon the British-Dutch multinational's India plans.

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Oil PSUs plan major investments in Andhra Pradesh

Oil PSUs plan major investments in Andhra Pradesh

Major oil public sector units are planning to invest over Rs 1.43 lakh crore in Andhra Pradesh in coming years which would create jobs for thousands of people in the state, according to Oil Minister Dharmendra Pradhan.

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India sees $20 billion investment in gas fields

India sees $20 billion investment in gas fields

India will see an investment of about $20 billion in gas field development in the next 5-7 years and is looking to boost usage of the green fuel and double consumption, Oil Minister Dharmendra Pradhan has said.

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Centre takes initiatives to boost oil & gas production

Centre takes initiatives to boost oil & gas production

The Minister of State (I/C) for Petroleum & Natural Gas Dharmendra Pradhan has informed the Lok Sabha that the Ministry of Petroleum & Natural Gas has signed MoUs (Memorandums of Understanding) with Oil & Gas CPSEs (Central Public Sector Enterprises) to enhance production of oil and gas for meeting domestic demand' Under this agreement, the CPSEs have undertaken to achieve the targets set in the agreement at the beginning of the year.

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Strategic Petroleum Reserves created at 3 locations

Strategic Petroleum Reserves created at 3 locations

Minister of State (I/C) for Petroleum & Natural Gas Dharmendra Pradhan has informed the Rajya Sabha in a written reply that under the Strategic Petroleum Reserve project Phase-I, underground rock caverns for storage of 5.33 MMT of crude oil at three locations, viz. Vishakhapatnam (1.33 MMT), Mangalore (1.50 MMT) and Padur (2.5 MMT) have been created.

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