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Saudi, Kuwait Claim "Full Sovereign Rights" To Iran Disputed Oil Field
Iran and Kuwait have held unsuccessful talks for many years over their disputed,rich in natural gas, maritime border area.Recent attempts to revive negotiations have failed, Iran's oil minister said Tehran may pursue work on field without permission.
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CNG, PNG To Cost Less As India Tweaks Natural Gas Pricing Mechanism
Natural gas produced from legacy old fields, known as APM gas, will now be linked to crude oil price instead of gas prices in surplus nations such as the US, Canada and Russia, Union Minister Anurag Thakur said.
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India, US Sign 4 Major Pacts On Strategic Clean Energy Partnership
India and the US have inked four major MoUs in the field of oil & gas to intensify the bilateral strategic clean energy partnership.
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India's ONGC To Sell Stake, Seeks Global Help To Develop Fields
ONGC is hoping to lure interest from global companies with the "requisite technical expertise and financial strength" to support it in developing its Deen Dayal West field in the Bay of Bengal and ultra-deep discoveries in Krishna Godavari Basin.
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Are West, China Different? Russia Says Beijing "Doesn't Shoot Itself..."
Russia said on Wednesday that the West had "shot itself in the head" by trying to limit energy imports from the oil and gas fields of Siberia due to the Ukraine conflict, in sharp contrast to China which has increased deliveries of energy.
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Centre Loses $111 Million Gas Field Appeal Against Reliance, Shell
The government has lost its appeal in the English High Court against a $111 million arbitration award in favour of Reliance Industries Ltd and Shell in a cost recovery dispute in the western offshore Panna-Mukta and Tapti oil and gas fields.
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ONGC Sees Significant Rise In Oil, Gas Output By 2024-25
ONGC said its crude oil production will rise 11 per cent and natural gas output will jump 25 per cent after newer discoveries start producing
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India's ONGC To Sell Stake, Seeks Global Help To Develop Fields
ONGC is hoping to lure interest from global companies with the "requisite technical expertise and financial strength" to support it in developing its Deen Dayal West field in the Bay of Bengal and ultra-deep discoveries in Krishna Godavari Basin.
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ONGC Commissions Two Projects Worth Rs 6,000 Crore To Boost Oil, Gas Output
State-owned Oil and Natural Gas Corporation (ONGC) has commissioned two projects costing Rs 6,000 crore to add 7.5 million tonnes of oil production and 1 billion cubic meters of gas output over the life of the Mumbai High fields, as it doubles down efforts to raise productivity from mature and aging fields.
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Gas Allocations Stopped, Leading To Soaring CNG, PNG Costs: Report
The Oil Ministry has stopped making a new allocation of natural gas from domestic fields to the city gas sector, threatening the viability of Rs 2 lakh crore investment planned in the sector besides leading to a hike in CNG and piped cooking gas prices to record levels, sources said.
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Gas Price Hike Boosts Upstream Companies' Profits: Report
The more than doubling of natural gas and oil prices will boost the profitability of oil and gas producers like ONGC and Reliance Industries
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India To More Than Double Price Of Locally Produced Gas - Sources
India will raise the price of locally produced gas from old fields for April-September to a record-high $6.1 per million metric British thermal units (mmBtu) from the current $2.90/mmBtu.
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"This Is Loot": Congress's Jairam Ramesh On Plan To Privatise Oil Fields
The government's proposal to give away the ONGC's biggest oil and gas fields to foreign companies for output boost received sharp criticism this morning from former Union Minister and Congress leader Jairam Ramesh who called it "loot".
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Oil Ministry Proposal To Privatise Biggest Oil Field Upsets Union: Report
The petroleum ministry's proposal to give away ONGC's biggest oil and gas fields to foreign companies has met with strong resistance from the officers union of the company.
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With Mumbai Cyclone, One Of The World's Worst Offshore Oilfield Disasters
When the weather office sent out cyclone warnings on May 13 and most vessels moved to safety, one barge working on Oil and Natural Gas Corp.'s field off the Mumbai coast stayed put.
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Saudi, Kuwait Claim "Full Sovereign Rights" To Iran Disputed Oil Field
Iran and Kuwait have held unsuccessful talks for many years over their disputed,rich in natural gas, maritime border area.Recent attempts to revive negotiations have failed, Iran's oil minister said Tehran may pursue work on field without permission.
-
CNG, PNG To Cost Less As India Tweaks Natural Gas Pricing Mechanism
Natural gas produced from legacy old fields, known as APM gas, will now be linked to crude oil price instead of gas prices in surplus nations such as the US, Canada and Russia, Union Minister Anurag Thakur said.
-
India, US Sign 4 Major Pacts On Strategic Clean Energy Partnership
India and the US have inked four major MoUs in the field of oil & gas to intensify the bilateral strategic clean energy partnership.
-
India's ONGC To Sell Stake, Seeks Global Help To Develop Fields
ONGC is hoping to lure interest from global companies with the "requisite technical expertise and financial strength" to support it in developing its Deen Dayal West field in the Bay of Bengal and ultra-deep discoveries in Krishna Godavari Basin.
-
Are West, China Different? Russia Says Beijing "Doesn't Shoot Itself..."
Russia said on Wednesday that the West had "shot itself in the head" by trying to limit energy imports from the oil and gas fields of Siberia due to the Ukraine conflict, in sharp contrast to China which has increased deliveries of energy.
-
Centre Loses $111 Million Gas Field Appeal Against Reliance, Shell
The government has lost its appeal in the English High Court against a $111 million arbitration award in favour of Reliance Industries Ltd and Shell in a cost recovery dispute in the western offshore Panna-Mukta and Tapti oil and gas fields.
-
ONGC Sees Significant Rise In Oil, Gas Output By 2024-25
ONGC said its crude oil production will rise 11 per cent and natural gas output will jump 25 per cent after newer discoveries start producing
-
India's ONGC To Sell Stake, Seeks Global Help To Develop Fields
ONGC is hoping to lure interest from global companies with the "requisite technical expertise and financial strength" to support it in developing its Deen Dayal West field in the Bay of Bengal and ultra-deep discoveries in Krishna Godavari Basin.
-
ONGC Commissions Two Projects Worth Rs 6,000 Crore To Boost Oil, Gas Output
State-owned Oil and Natural Gas Corporation (ONGC) has commissioned two projects costing Rs 6,000 crore to add 7.5 million tonnes of oil production and 1 billion cubic meters of gas output over the life of the Mumbai High fields, as it doubles down efforts to raise productivity from mature and aging fields.
-
Gas Allocations Stopped, Leading To Soaring CNG, PNG Costs: Report
The Oil Ministry has stopped making a new allocation of natural gas from domestic fields to the city gas sector, threatening the viability of Rs 2 lakh crore investment planned in the sector besides leading to a hike in CNG and piped cooking gas prices to record levels, sources said.
-
Gas Price Hike Boosts Upstream Companies' Profits: Report
The more than doubling of natural gas and oil prices will boost the profitability of oil and gas producers like ONGC and Reliance Industries
-
India To More Than Double Price Of Locally Produced Gas - Sources
India will raise the price of locally produced gas from old fields for April-September to a record-high $6.1 per million metric British thermal units (mmBtu) from the current $2.90/mmBtu.
-
"This Is Loot": Congress's Jairam Ramesh On Plan To Privatise Oil Fields
The government's proposal to give away the ONGC's biggest oil and gas fields to foreign companies for output boost received sharp criticism this morning from former Union Minister and Congress leader Jairam Ramesh who called it "loot".
-
Oil Ministry Proposal To Privatise Biggest Oil Field Upsets Union: Report
The petroleum ministry's proposal to give away ONGC's biggest oil and gas fields to foreign companies has met with strong resistance from the officers union of the company.
-
With Mumbai Cyclone, One Of The World's Worst Offshore Oilfield Disasters
When the weather office sent out cyclone warnings on May 13 and most vessels moved to safety, one barge working on Oil and Natural Gas Corp.'s field off the Mumbai coast stayed put.
