Gail India has signed an agreement with French energy firm GDF SUEZ to import 0.8 MT LNG, which will be supplied in 12 cargoes by 2014.
Consumption & exports of value added products during 2011-12 contributed to higher level of GDP, Oil Minister S Jaipal Reddy told the Parliament.
State-run Indian Oil, Hindustan Petroleum and Bharat Petroleum’s combined borrowings have soared by 24% since March 31.
Energy companies like RIL, Cairn India want government to retain incentives for oil and gas contracts
Exploration companies such as Reliance Industries, BP and Cairn India have urged the Rangarajan committee to improve administration of oil and gas blocks.
"Another 14,000 km of pipelines infrastructure is under various stages of implementation," an oil ministry statement quoting Singh said.
Petroleum ministry & state oil firms plan to raise diesel & petrol prices as crude oil rose to a 3-month high last week & diesel consumption has soared.
The Institute of Directors (IOD) has conferred distinguished fellowship to ONGC Chairman Sudhir Vasudeva for steering boards of India's biggest energy firm.
India's top auditor has said its Rs 1.86 lakh crore loss estimate in allocation of coal blocks is a "conservative" figure.
Anil Agarwal-controlled Cairn India has acquired majority stake in a block in the Orange Basin off South Africa.
Energy firms such as ONGC, OIL urge govt to extend NE Industrial and Investment Promotion Policy to exploration and production business
Energy firms have urged the government to include oil and gas exploration and production (E&P) business in the list of industries getting fiscal incentives in the North East.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon