RIL, Shell, ONGC told to pay $3.8 billion as government’s share of PMTThe govt said profit should be calculated after adding the marketing margins of the cos and that only the actual taxes paid could be counte...
L&T Hydrocarbon Engg bags Rs 1,150-cr mandate from ONGCThe project, part of ONGC's strategy to extract gas from the Daman field, is located in the south-western part of Tapti - Daman block in th...
Reliance exits Peru oil blockReliance had steadily acquired 16 conventional oil and gas assets, including four in Peru, three in Yemen, and two each in Oman, Kurdistan ...
RIL gets green nod for Rs 800 crore drilling project in Tamil NaduAmong key conditions specified, RIL has been asked to ensure gas produced during the testing should be flared with appropriate flaring boom...
RIL gets green nod for exploratory drilling project in Tamil NaduThe company should ensure that there is no impact on flora and fauna due to drilling of wells in the offshore sea.
ONGC takes over Tapti assets from BG, RelianceThe move will help save the company Rs 3,000-4,000 crore needed to build offshore infrastructure to produce gas from the Daman gas field.
100th anniversary of Surat-Thai city links to be celebratedIndia and Thailand are all set to celebrate the 100th anniversary of relations between Surat in Gujarat and Surat Thani in southern Thailand
BG Group-BHP Billiton sign pact with government for oil exploration in Mumbai basinBG and Australian company BHP Billiton have signed a contract with the government to explore a deepwater block in the Mumbai basin.
- Panna-Mukta and Tapti fields reach production milestone of 500 million barrels of oil equivalent
The consortium comprises of state-run energy explorer ONGC which holds a 40 per cent stake and RIL and BG Exploration and Production India,...
- Govt hikes natural gas price by 10 per cent
The government has approved a 10 per cent hike in price of natural gas that state-owned firms like Oil and Natural Gas Corp (ONGC) sell to ...
- Accessing BG books most taxing, Cairn easiest: CAG
CAG, which for the first time was asked to scrutinise books of three private oil firms, found it most difficult to access the records of UK...
- ONGC board approves about Rs 3,500 cr investment
Oil and Natural Gas Corp (ONGC) on Thursday approved an investment of about Rs 3,500 crore for putting in additional facilities at its oilf...
- Oil strike affects work at 4 refineries, air services normal
The strike call by officers of 13 oil PSUs on Wednesday to press for a wage hike has affected operations in only four refineries with air s...
- Oil officers' strike starts amid reports of dislocation
Officers of 13 oil PSUs on Wednesday defied High court orders and went on indefinite strike, leading to a shutdown of gas supplies from the...
- BG set to invest Rs 400 crore to gain market share in South
The UK-based British Gas (BG) plans to invest around Rs 400 crore to capture city gas distribution markets in the South. The company has in...
- BG-ONGC-RIL strike oil in Panna, Mukta
The British Gas (BG India)-ONGC-RIL consortium, operators of the Panna-Mukta-Tapti (PMT) block, has struck fresh oil.
- Surat goes under water
Monsoon this year has managed to do a ‘Mumbai-26/7’ on Surat - leaving the diamond city marooned. Life is in disarray and the city’s busine...