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INDIA DEEPWATER OIL AND GAS BIDDING
India opens special deepwater oil, gas bidding round, offers to fund up to 50% of well costsIndia is launching a special licensing round for deepwater and ultra-deepwater oil and gas blocks under its ₹84,084 crore Samudra Manthan o...- Indian oil refiners expect healthy margins amid global supply disruptionsA combination of these factors offer Indian refiners an opportunity to capitalise on stronger diesel, gasoline and aviation turbine fuel (A...
- Rising crude prices could push India's inflation by upto 1 percentage point, diversified imports helping secure oil supplies: EY's Gaurav ModaGaurav Moda, Partner and Energy Industry Leader at EY India said the increase in crude oil prices from an average of $60-65 per barrel to $...
- India weighs new oil manoeuvre as old routes get jammedThe West Asia war has forced India to look at energy security through a new, different lens. The oil issue, for India, has now gone from be...
- India's top gas importer sets eyes on US LNG under long-term deal with QatarIndia is seeking US liquefied natural gas through its renewed 20-year supply deal with Qatar, its biggest LNG supplier, as the Iran war dis...
- 'Nobody will trust you...': SC junks Centre's plea against Vedanta arbitration awardsThe Supreme Court dismissed the Union government's appeal concerning disputes involving $99 million arbitral awards. Vedanta and Ravva Oil ...
- PSU oil firms float tender to buy 150 mn litres of biodiesel at Rs 88/litreIndian oil marketing companies are inviting bids for 150 million litres of biodiesel over a three-month period. The procurement will begin ...
- Vedanta Oil and Gas shares jump 14% in 2 days, m-cap swells by Rs 1,600 crore after Q2 resultsVedanta Oil and Gas shares jumped 6% on Monday after rallying 8.5% in the previous session, adding nearly Rs 1,600 crore to its market capi...
- Indian-American-led firm gets US nod for $8.2 billion LNG port off Texas coastST LNG has received approval to build a deepwater liquefied natural gas port off Matagorda, Texas, costing USD 8.2 billion. Construction is...
- Adani Ports makes $3.3 billion play for Evos TerminalsAdani Ports has submitted a binding $3.3 billion bid for Evos Terminals, a European liquid-storage operator with eight terminals across fiv...
- RIL shares in focus ahead of Oct 30 earnings, fundraising decision; all eyes on Jio’s mega listingReliance Industries will remain in focus ahead of its October 30 board meeting to approve Q2 FY27 results and consider raising funds throug...
- Mizoram to get piped cooking gas by 2028, ₹491 crore pipeline underwayMizoram is set to receive piped natural gas connections for cooking by early 2028. Indradhanush Gas Grid Limited is constructing a 119.45-k...
- In 2020, New Jersey deployed a 150-foot steel caisson gate in 125 feet of water; the structure extends 30 feet above the seabed and is expected to last more than 75 yearsUnderwater at Deepwater Reef in New Jersey, a caisson gate has been installed to form a new artificial reef. Designed to nurture marine bio...
- Govt to bankroll half the cost of deepwater wells, but wants its money back from winnersThe Indian government is initiating the Samudra Manthan scheme to encourage deepwater exploration for hydrocarbons. This scheme will provid...
- OMCs back interim LPG distributors' commission hike; ministry approval awaited: AIHPGDAIn a communication dated October 22, AIHPGDA President Rajendra B said the assurance came during a bipartite meeting held on October 21 at ...
- Government extends deepwater drilling support to previously awarded blocksThe Indian government will provide financial support under the Samudra Manthan scheme for deepwater drilling activities. Recently issued gu...
- Govt sets rules for Rs 84,084-cr offshore oil hunt, will share deepwater drilling riskThe Indian government will implement the Samudra Manthan scheme to encourage deepwater oil and gas exploration. Funding will cover part of ...
- Oil India discovers natural gas in Krishna Godavari BasinOil India Ltd has discovered natural gas in the previously unexplored Matsyapuri formation in the Krishna-Godavari Basin. The company said ...
- Oil India discovers natural gas in Krishna-Godavari Basin, records peak flow of 200,000 SCMDOil India Ltd. announced a significant natural gas discovery in a shallow-water block of the Krishna Godavari Basin. The Godavari-1 apprais...
- Government names Sunil Kumar ONGC chairman; to succeed Arun Singh in DecemberSunil Kumar has been appointed as chairman of ONGC, succeeding Arun Singh, effective December 7. Kumar’s appointment follows recommendation...
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