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GSPC to import more LNG cargos
Gujrat government owned oil and gas firm, GSPC,  announced it will import additional cargo of LNG in wake of shortfall arising due to ‘ongoing’ force majeure in Panna-Mukta fields since July last. GSPC today imported its fourth ...
PNGRB to invite bids for East-West gas pipeline
The downstream regulator Petroleum and Natural Gas Regulatory Board (PNGRB) will soon invite bids for two natural gas pipelines which include 1700 kilometre pipeline between Surat in Gujarat and Paradip in Orissa. Apart from this PNGRB will ...
NTPC to take Qatar Petro on board for Kayamkulam project
NTPC  wants to offer up to 49 per cent equity stake to Qatar Petroleum in its gas-based project at Kayamkulam in Kerala, to secure fuel supply for its power plant. “We have offered Qatar Petroleum less than ...
L&T bags Rs 1195 crore order from ONGC
L&T has bagged two projects worth Rs 1195 crore from state owned ONGC to set up additional processing units (APU) at its gas processing complexes at Hazira and Uran. The APU project at Uran complex shall ...
PS Radhakrishnan assumes charge as BPCL CMD
Radhakrishnan has assumed additional charge as chairman and managing director of Bharat Petroleum Corporation. Ashok Sinha has demitted the office as CMD, after his term ended yesterday. Â Radhakrishnan, a Mechanical Engineer from IIT-Chennai and an MBA from ...
Government pursuing import of natural gas from Iran: minister
The government is pursuing the import of natural gas from Iran under the Iran-Pakistan-India project in national interest; the Rajya Sabha was informed today. “This is in order to enhance the energy security of the country. India ...
ONGC, Oil India lose Rs 4,745 cr on gas sales: government
State-owned oil firms incurred Rs 4,745 crore annual losses on pre-revised rates, prompting the government to more than double the price of state administered natural gas to US $4.2 per mmBtu, the Rajya Sahba was informed ...
Oil rebounds in Asian trade, above US $75
Oil rebounded in Asian trade after five straight days of losses, but trading was subdued due to concerns over the strength of the global economic recovery and the impact on energy demand. A sharp slowdown in second ...
Power ministry recommends KG gas for ADAG’s AP Unit
The power ministry has recommended allocation of natural gas from Reliance Industries’ KG D6 field to four power projects including Anil Dhirubhai Ambani Group (ADAG) run Reliance Power’s Samalkot expansion unit in Andhra Pradesh. The ministry, at ...
Oil spill shuts India’s busiest nautical corridor
    Three crude tankers holding about 1.5 million barrels of crude oil for Bharat Petroleum Corporation (BPCL) are stranded at the Mumbai port, which has been shut following an oil spill, a company spokesman said on Monday. “Our ...
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