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.
FlashNews:
IRB Infra and InvIT Projects Post 10% Growth in July 2025 Toll Collections
India Modernises Maritime Laws with Merchant Shipping and Sea Cargo Bills Passed by Parliament
India Sets Global Record with $0.64/kg Green Ammonia Price Under Hydrogen Mission
IndiGo Starts Construction on One of India’s Largest MROs in Bengaluru
SDHI to Manufacture Varex Cargo Inspection Systems in India
Mumbai-Ahmedabad Bullet Train: Sabarmati Bridge Rises to 36 Metres
Tata Power Profit Rises 6% in Q1 FY2026 on Strong Renewable and Distribution Gains
Suzlon Wins 381 MW Order for Zelestra’s First FDRE Wind Project in India
Kandla Port Achieves Major Sustainability Milestone with Megawatt-Scale Green Hydrogen Plant Launch
Ceinsys Tech Profit Surges 112% in Q1 on Execution of FY2025 Infrastructure Mandates
India Extends ALMM Guidelines to Wind Energy Components, Tightens Cybersecurity Framework
Indian Railways to Add 574 km Under ₹1.1 Trillion Multitracking Plan
ArcelorMittal Reports $1.8 Billion Net Income in Q2 FY2025, Up Threefold
NISAR Mission Unites India and US Amid Trade War and Global Tensions
India’s MNRE Revises Solar Cell ALMM Rule to Support Domestic Bids
REC Achieves ISO 31000 Certification, a First for India’s Public Sector NBFCs
Offshore Energy Gets Boost as India Reforms Licensing Policy: Puri Tells Rajya Sabha
GAIL Posts Q1 FY2026 Revenue of ₹3,479 Billion Amid Sustainability Push
Scindia Urges BSNL Circle Chiefs to Adopt CEO Mindset to Drive Services
Tag: oil and gas
Cairn India reports quarterly loss; reaffirms potential in Rajasthan block
Cairn India reported a quarterly loss of Rs.10,948 crore for the March quarter, primarily led by impairment loss on goodwill and non-producing oil and gas assets due to a drop in oil prices.
Steely growth
India is putting in place measures to fast-track economic growth. Core industries like steel will play a substantial part in this growth if the next decade has to really belong to India.
Revival of Indian Shipbuilding
What has prevailed in the last 1000 years is not going to change in the foreseeable future. Merchant ships will continue to be the major means of trade across the oceans of the world. Warships will continue to provide international maritime security, keeping our sea lanes of communication safe and navigable for calm and peaceful trade.
Cabinet nod for India-Mozambique MoU
The Cabinet approved the signing of a memorandum of understanding (MoU) between India and Mozambique for five-year cooperation in the oil and gas sector.
Essar to raise $3.5 bn
Essar Group is planning to raise over $3.5 billion by selling stake in the refinery business. Essar Group is said to be in talks with two Chinese oil and gas majors for the deal
BGR Energy bags Rs 303 cr worth projects
BGR Energy has bagged Rs 303 crore worth projects across power, water, oil and gas sectors, taking its total order book to Rs 11,667 crore. BGR Energy received the Letter of Intent (LOI) for two numbers of natural draught cooling towers
Cairn to extend Rajasthan block
Cairn India has sought partner ONGCs nod for extension of the licence of their prolific Rajasthan oil block beyond the contractual deadline of 2020.
India in to develop Kazakh oil block
India is in talks with Kazakhstan for developing Abai oil block in the Caspian Sea. According to reports, Magzum Mirzagaliev, Vice-Minister, Oil and Gas, Kazakhstan, has offered the Abai block to ONGC Videsh (OVL)
Towards a safer offshore O&G Industry
New regulations, such as the recently issued EU Offshore Safety directive, mirror a zero tolerance for offshore accidents. Yet, major accidents still occur.