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OIL MINISTRY GUIDELINES
Govt to fund 50% of deepwater exploration costs under Rs 84,084 crore Samudra Manthan schemeThe 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 ...
- IMF applauds India’s GDP data revamp, says currency pain is no sign of failure as country entered energy shock with strong fundamentalsThe International Monetary Fund has raised India's growth forecast to 7% for this year and next. India is seen as having strong fundamental...
- India imports 50% of gas needs, targets 10X CBG output: Hardeep Singh PuriIndia's Petroleum and Natural Gas Minister Hardeep Singh Puri emphasized the need for enhanced domestic energy production. Rising energy de...
- India in regular touch with Russian Embassy over crew of detained Unity tanker: MEAIndia is in regular contact with the Russian Embassy concerning detained crew members. The Unity oil tanker remains detained near Paradip P...
- BRICS adopts New Delhi Declaration: Inside the 140-point document on Global South's ambitionsBRICS leaders adopted the New Delhi Declaration at the 18th summit, reaffirming their commitment to cooperation, multilateralism and a more...
- Accelerating Plastics Circularity: Turning Ambition into Scalable Action | Industry RoundtableIndustry experts convened to emphasize the need for advancing plastics circularity throughout India and the Asia Pacific region. They ident...
- Natgas price fixed at $6.5 per mmBtu for rest of AprilThe new rate follows the Cabinet approval on Thursday of a new pricing mechanism for gas produced by ONGC and Oil India from their so-calle...
- PSU oil retailers suspend appointment of new petrol pump dealersMore than a month back, the oil ministry asked the public sector fuel retailers to review the existing guidelines for selection of new deal...
- Oil Ministry allows ONGC to sell gas from small fields through bidsGovt had on March 31 announced USD 4.66 per million British thermal unit as the gas price for six-month period ending September 30.
- Oil regulator PNGRB seeks more time to respond on CNG retail licenceThe Ministry had, earlier this month, sought comments by March 20 on its draft guidelines seeking to wrest powers to give CNG retailing lic...
- Oil PSUs eye only ‘credible’ publicationsOil minister Dharmendra Pradhan told Parliament on March 11 that the government had not issued any guidelines to oil firms on advertisement...
- Oil Ministry to give CNG marketing licenceWhile PNGRB has been issuing the licence to retail CNG as well as piped cooking gas (PNG), the ministry guidelines pertain only to rights t...
- Reliance Industries’ partners may have to sell KG-D6 gas at $4.2/unitOil ministry says BP and Niko Resources have not offered bank guarantees against an approval to charge the new rates.
- PSU refiners should set up JV to import crude oil: Parliamentary panelState-owned refiners like IOC, BPCL and HPCL should form a joint venture company to import crude oil efficiently and at competitive rates.
- Oil regulator DGH rejects Reliance Industries' CBM gas priceSources said the DGH reply was in response to the clarification sought by the ministry on June 13, a day after senior bureaucrat Choubey to...
- Oil Min looks set to reject RIL's CBM priceThe Petroleum Ministry looks set to reject the price Reliance Industries has proposed for gas it will produce from below coal seams, CBM, c...
- Create separate post of CEO in PSUs, says ONGC chairmanOil and Natural Gas Corporation head RS Sharma has demanded the creation of a separate post of CEO in public sector companies to avoid a co...
- Reliance Industries, Petroleum Ministry at loggerheadRIL has accused the Petroleum Ministry of violating Parliament approved norms for oil and gas exploration in the country by proposing new g...
- Oil firms' navratna status under threatForced to survive on oil bonds, the public sector oil companies, IOC, HPCL and BPCL, now face the prospect of losing the prestigious navrat...
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