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UPSTREAM HYDROCARBON SECTOR
Indian companies willing to deepen presence in Venezuela, says Minister Hardeep Singh PuriIndia is looking to deepen its energy partnership with Venezuela, with Indian companies expressing readiness to expand their presence. This...- India-Russia energy ties widen beyond crude to gas, nuclear and petrochemicalsIndia and Russia are deepening energy ties. Discussions have focused on gas supplies and joint ventures for hydrocarbon development. Russia...
- Crude@$100+: The Rs 3 lakh crore power boom you might be missingThe US-Israel-Iran conflict has significantly boosted India's power and energy stocks, with Nifty Energy's market cap rising by Rs 3 lakh c...
- Explained: Why Vedanta shares are up 4% after government's royalty cut on crude oilVedanta shares rallied after the Centre reduced royalty rates on crude oil and natural gas production, a move expected to lower costs for t...
- Govt awarded 172 oil & gas blocks in 10 years, but negligible output brings policy and execution into focusIndia's ambitious oil and gas policy has failed to boost domestic production. Despite billions invested and extensive exploration, only one...
- Lessons from Hormuz crisis: Vedanta’s Anil Agarwal shares how India can break the 88% crude dependency cycleRecent Strait of Hormuz tensions reveal India's deep dependence on imported oil. Vedanta Chairman Anil Agarwal stresses India is under-expl...
- Reliance, Essar top bidders for coal-based methane gas exploration blocksThe bidding frenzy for coal-bed methane blocks heats up as Reliance Industries and the Essar Group step into the ring. The Directorate Gene...
- India aims to attract USD 100 bn in investment, expand exploration acreage: Srikant Nagulapalli DGHIndia is targeting significant growth in its energy sector. The nation plans to attract USD 100 billion in investments by 2030. Exploration...
- Reliance invests $125 billion in capex over the past decade. These were Ambani's top prioritiesReliance Industries invested heavily in hydrocarbon and telecom sectors, now transitioning to less capital-intensive projects like retail a...
- Government of India elevated Oil India Limited to Maharatna categoryThe Finance Ministry has approved the upgradation of Oil India Ltd to the category of 'Maharatna', a move which will impart enhanced powers...
- India presents opportunities in oil and gas sector at Singapore roadshowThe USD 2 billion investment will nearly double the natural gas production to 60 billon cubic metres (bcm) a year by 2022 from the current ...
- Oil minister rules out upstream oil gas regulatorThere are two regulatory bodies in the oil and gas sector - the Petroleum and Natural Gas Regulatory Board, which is a regulator for downst...
- ONGC Videsh signs MoU with Equatorial Guinea for cooperation in hydrocarbon sectorThe MoU is part of efforts of Indian flagship overseas oil and gas firm to expand its presence in hydrocarbon rich African continent.
- Hydrocarbon Output: Proactively overhaul oversight and operationsThere seems much dispute and protracted controversy in upstream hydrocarbon sector involving Indian sedimentary basins, i.e., exploration &...
- L&T Hydrocarbon wins Rs 781 crore contract from ONGCLarsen & Toubro Hydrocarbon has secured an offshore contract valued at Rs 781 crore from Oil and Natural Gas Corporation (ONGC).
- L&T wins Rs 749 crore offshore contract from ONGCThe contract has been secured for total 'EPCI' - Engineering Procurement Construction & Installation of four wellhead platforms.
- Group of ministers proposes regulator for oil and gas fieldsA panel of ministers on corruption has asked the government to create an independent regulator for oil and gas fields.
- India, Romania to increase cooperation in hydrocarbon sectorIndia and Romania have agreed to enhance cooperation in the hydrocarbon sector and explore investment opportunities in IT, infrastructure a...
- A welcome shiftIndia is moving towards an open acreage licensing policy.
- No need for single regulator for entire oil sector: DGHAt present, the DGH acts as a regulator for the upstream sector while a regulator for the downstream sector has been proposed by the Govern...
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