Tag: PETROLEUM

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» 2019-01-26

ONGC Ltd will redraw its long-term roadmap in coming days to bring it in line with the changed operating realities of the company, the state-owned company’s chairman and managing director […]

» 2018-11-08

GAIL India, the country’s largest pipeline operator, said it has placed an order worth Rs 1,100 cr to buy pipeline required to connect the North Eastern states to the ambitious  […]

» 2018-09-21

Reliance Industries, one of India’s largest petroleum producers, said its D26 oil field in the KG-D6 offshore block has ceased production, a decade after oil started flowing from the field. […]

» 2018-07-24

The price of petrol charged to the dealers, before taxes and deal commission, is Rs 36.68 per liter in India as of July 16, while that of diesel was Rs […]

» 2018-07-23

Government of India has faced questions from members of parliament on reports that it has asked state-owned refiners to get ready to stop importing crude oil from Iran in the […]

» 2018-07-17

Larsen & Toubro, India’s largest construction firm, said it has won what it called a “significant” order from HPCL- Mittal Energy to construct seven cracker furnaces at the Bathinda Refinery […]

» 2018-06-05

Within weeks of starting the first ever long-term LNG supply from the US, India opened up yet another source of natural gas with the arrival of the first LNG shipment […]

» 2018-03-06

More than six years after an agreement was signed, US-based Cheniere Energy has started supplying liquefied natural gas or LNG to India. The first ship, Meridian Spirit, set sail from […]

» 2018-02-21

Bharat Heavy Electricals Ltd, the largest Indian heavy equipment maker, said it won a Rs 1,034 cr order to set up a gas-based captive power plant at Hindustan Petroleum Corporation’s […]

» 2017-09-13

The pace of growth in petroleum consumption slowed this year, but private retailers are getting ready to open more and more outlets, Fitch Ratings said. Consumption of petroleum products, such […]

» 2017-03-27

With the financial year drawing to a close, Madhya Pradesh, Gujarat & Mumbai have emerged as the states where people pay the highest taxes on petrol and diesel, while Tamil […]

» 2017-02-07

A proposed merger of Indian Oil Corp, Hindustan Petroleum Corp and Bharat Petroleum Corp will reduce inefficiencies across the sector and result in enormous savings, ratings agency Fitch said. It […]

» 2016-09-29

Indraprastha Gas, the supplier of CNG and PNG in Delhi, has been authorized to construct the City Gas Distribution (CGD) network in Rewari in Haryana. Addressing the shareholders, Mr. Ravindran […]

» 2016-09-20

Mangalore Refinery and Petrochemicals Limited, an oil refinery and subsidiary of ONGC, denied allegations that it has not been paying due excise duty. Media reports carried allegations that the company […]

» 2016-09-20

Castrol India said its promoter Castrol Ltd sold 4.22 cr of its shares in the market through open sale today. Shares of Castrol India were up 9% at Rs 459.75 […]

» 2016-05-02

Indraprastha Gas Limited said it opened 72 outlets of compressed natural gas in the national capital region in the last four months and another 18 will be opened this month. […]

» 2016-03-10

Giving in to a long-standing demand, the Indian government has allowed new gas producers to enter into negotiated pricing deals with their customers subject to certain ceiling tariff. At present, […]

» 2016-01-08

The price paid by India for a barrel of crude oil has fallen below the $30 mark for the first time in several years. On Jan 7, the average price […]

» 2015-12-30

The effective crude oil price paid by India fell again to record of several years to just $33.35 for the second half of December, petroleum ministry said, implying a petrol […]

» 2015-05-06

India’s LNG imports should more than double to 24 million tonnes per annum by 2020 from 10.7 million tonnes in FY2014, Moody’s investor service said, adding that this will benefit […]

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