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"There's More Oil In Market Than Takers": Union Minister Ahead Of India Energy Week
Highlighting that India has diversified its sources of oil supply for cheaper purchases, Union Petroleum and Natural Gas Minister Hardeep Singh Puri said that the country is now importing oil from 39 countries against 27 earlier.
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India's IOC Signs Multi-Billion Dollar LNG Import Deal With UAE Firm
India's top oil firm IOC has signed a USD 7-9 billion deal to import liquefied natural gas (LNG) from the UAE's ADNOC Gas plc for 14 years beginning 2026, the UAE company said.
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ONGC Signs Mega Pact With Indian Oil Corporation For Petrochemicals
India's top oil and natural gas producer ONGC has signed a mega pact with the nation's largest oil refining and fuel marketing company Indian Oil Corporation (IOC) for exploring opportunities in the petrochemicals business.
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ONGC Signs Exploration Agreement With France's TotalEnergies
India's top explorer Oil and Natural Gas Corp has signed a memorandum of understanding with French major TotalEnergies for exploration of deep-water blocks, the company tweeted today.
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ONGC To Invest $2 Billion To Drill Record 103 Wells In Mumbai Offshore
Oil and Natural Gas Corporation (ONGC) has three main assets off the west coast - Mumbai High, Heera and Neelam, and Bassein and Satellite, which contributed the bulk of 21.7 million tonnes of oil and 21.68 billion cubic metres of gas it produced in 2021-22.
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Windfall Tax On Crude Oil, Aviation Fuel Cut, New Rates To Come Into Effect From February 16
The levy on crude oil produced by companies such as Oil and Natural Gas Corporation (ONGC) has been cut to Rs 4,350 per tonne from Rs 5,050 per tonne, the order dated February 15 said.
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Reliance Suspends Planned Auction Of Natural Gas After Changes In Rules
E-bidding for sale of 6 million standard cubic meters per day of gas was to happen on January 18.
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Start Introducing Green Vehicles In The Market: Petroleum Minister To Carmakers
In his address at a symposium here at the Auto Expo 2023, the Minister of Petroleum and Natural Gas said India has also advanced the 20 per cent ethanol blending target to 2024-25 from 2030.
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Core Sector Output Rises 5.4 % In November On Better Show By Coal, Steel
Crude oil, natural gas and refinery products, however, recorded negative growth in November this year. The production growth of eight key sectors slowed down to 0.9 per cent in October.
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Reliance Seeks Bids For Sale Of Natural Gas From Offshore Block
Reliance Industries Ltd and its partner bp plc invited bids for the sale of 6 million standard cubic meters per day of gas starting February 2023.
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Bharat Petroleum To Invest Rs 35,355 Crore In Piped Gas Network In 8 Cities
BPCL is India's second-largest government-owned downstream oil producer, whose operations are overseen by the ministry of petroleum and natural gas.
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Centre Seeks Parliament Approval For Net Additional Spending Of Rs 3.25 Lakh Crore This Fiscal
Approval has also been sought for the expenditure of the Ministry of Petroleum and Natural Gas towards payments of LPG subsidies to oil marketing companies and LPG connections, among others totalling to Rs 29,944 crore.
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Core Sector Output Growth Slows To 0.1% In October
In October, crude oil, natural gas, refinery products, and cement output recorded negative growth rate.
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Committee May Suggest Complete Liberalisation Of Natural Gas Pricing By 2026: Report
A committee formed by the Indian government plans to recommend a complete liberalisation of natural gas pricing by Jan 1, 2026,
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No Pressure, Says Indian Minister Ahead Of Russian Oil Price Cap Deadline
Union Minister for Petroleum and Natural Gas Hardeep Singh Puri has said that the incumbent government feels no pressure on an impending price cap on Russian crude oil proposed by the G-7.
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"There's More Oil In Market Than Takers": Union Minister Ahead Of India Energy Week
Highlighting that India has diversified its sources of oil supply for cheaper purchases, Union Petroleum and Natural Gas Minister Hardeep Singh Puri said that the country is now importing oil from 39 countries against 27 earlier.
-
India's IOC Signs Multi-Billion Dollar LNG Import Deal With UAE Firm
India's top oil firm IOC has signed a USD 7-9 billion deal to import liquefied natural gas (LNG) from the UAE's ADNOC Gas plc for 14 years beginning 2026, the UAE company said.
-
ONGC Signs Mega Pact With Indian Oil Corporation For Petrochemicals
India's top oil and natural gas producer ONGC has signed a mega pact with the nation's largest oil refining and fuel marketing company Indian Oil Corporation (IOC) for exploring opportunities in the petrochemicals business.
-
ONGC Signs Exploration Agreement With France's TotalEnergies
India's top explorer Oil and Natural Gas Corp has signed a memorandum of understanding with French major TotalEnergies for exploration of deep-water blocks, the company tweeted today.
-
ONGC To Invest $2 Billion To Drill Record 103 Wells In Mumbai Offshore
Oil and Natural Gas Corporation (ONGC) has three main assets off the west coast - Mumbai High, Heera and Neelam, and Bassein and Satellite, which contributed the bulk of 21.7 million tonnes of oil and 21.68 billion cubic metres of gas it produced in 2021-22.
-
Windfall Tax On Crude Oil, Aviation Fuel Cut, New Rates To Come Into Effect From February 16
The levy on crude oil produced by companies such as Oil and Natural Gas Corporation (ONGC) has been cut to Rs 4,350 per tonne from Rs 5,050 per tonne, the order dated February 15 said.
-
Reliance Suspends Planned Auction Of Natural Gas After Changes In Rules
E-bidding for sale of 6 million standard cubic meters per day of gas was to happen on January 18.
-
Start Introducing Green Vehicles In The Market: Petroleum Minister To Carmakers
In his address at a symposium here at the Auto Expo 2023, the Minister of Petroleum and Natural Gas said India has also advanced the 20 per cent ethanol blending target to 2024-25 from 2030.
-
Core Sector Output Rises 5.4 % In November On Better Show By Coal, Steel
Crude oil, natural gas and refinery products, however, recorded negative growth in November this year. The production growth of eight key sectors slowed down to 0.9 per cent in October.
-
Reliance Seeks Bids For Sale Of Natural Gas From Offshore Block
Reliance Industries Ltd and its partner bp plc invited bids for the sale of 6 million standard cubic meters per day of gas starting February 2023.
-
Bharat Petroleum To Invest Rs 35,355 Crore In Piped Gas Network In 8 Cities
BPCL is India's second-largest government-owned downstream oil producer, whose operations are overseen by the ministry of petroleum and natural gas.
-
Centre Seeks Parliament Approval For Net Additional Spending Of Rs 3.25 Lakh Crore This Fiscal
Approval has also been sought for the expenditure of the Ministry of Petroleum and Natural Gas towards payments of LPG subsidies to oil marketing companies and LPG connections, among others totalling to Rs 29,944 crore.
-
Core Sector Output Growth Slows To 0.1% In October
In October, crude oil, natural gas, refinery products, and cement output recorded negative growth rate.
-
Committee May Suggest Complete Liberalisation Of Natural Gas Pricing By 2026: Report
A committee formed by the Indian government plans to recommend a complete liberalisation of natural gas pricing by Jan 1, 2026,
-
No Pressure, Says Indian Minister Ahead Of Russian Oil Price Cap Deadline
Union Minister for Petroleum and Natural Gas Hardeep Singh Puri has said that the incumbent government feels no pressure on an impending price cap on Russian crude oil proposed by the G-7.
