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IOC to start commissioning of Paradip refinery
Indian oil Corporation (IOC), will begin commissioning of its long delayed Paradip refinery project worth Rs 34,500 crore. Initially, Paradip refinery was to be built by April 2012 but has faced delays...
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IOC is looking out for JV partner for LNG terminal
The Indian Oil Corporation (IOC) is in its final stages of forming a joint venture and taking over land for the liquefied natural gas (LNG) terminal project at Ennore, near Chennai. It is expected that...
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Green nod for Mamata’s 43 coal, power, oil and steel projects
As a major outcome from West Bengal chief minister Mamata Banerjee’s first meeting with PM Narendra Modi on Monday, the environment ministry has cleared the way for 43 projects – spanning coal, power,...
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Rise in Global crude oil price of Indian Basket
The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 56.09 per barrel...
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ONGC’s ‘Perspective Plan 2030’ to increase production
ONGC has articulated a ‘Perspective Plan 2030′ which draws the road-map for increase of ONGC Videsh’s (OVL) annual production. The production is expected to to increase to 20 Million Metric Tonne of...
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1814 Km long TAPI pipeline to supply 38 MMSCMD natural gas
The 20th Steering Committee Meeting of TAPI was held at Islamabad in February. The Committee inter alia discussed timelines for identification and selection of Consortium Leader. The 1814 km long...
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Govt-run suppliers allowed to sell bio-diesel to consumers
Government has decided to allow sale of bio-diesel by its manufacturers, suppliers or authorised dealers to all consumers, Parliament was informed on Thursday. The initiative is aimed at increasing...
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SENER-AFCONS JV sign EPC contract with H-Energy
The joint venture between SENER and AFCONS, named AFCONS – SENER LNG Construction Projects Private Limited, has recently signed an EPC contract with H-Energy Gateway Private limited (HEGPL), a...
View ArticlePooling of Gas in Fertilizer Sector
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has approved a major policy intervention, to supply gas at uniform delivered price to all fertilizer plants...
View ArticleGovt allocates 4948 cr to Indian Strategic Storage Programme for Crude Oil
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has approved the allocation of Rs. 4948 crore for Gross Budgetary Support (GBS) to the scheme for the Indian...
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India Infrastructure Fund takes 23.5% stake in ONGC Tripura
An ONGC -promoted company has sold 23.5 percent stake to India Infrastructure Fund-II for Rs 426 crore. With this stake sale, all of the equity of ONGC Tripura Power Co Ltd has been tied up. Oil and...
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Cairn to treble gas production from Rajasthan block by 2018
Cairn India plans to treble natural gas production from its predominantly oil-rich Rajasthan block to 3 million standard cubic meters per day by mid-2018. Cairn currently produces around 1 mmscmd of...
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ONGC eyes Mexican oil and gas blocks
State-owned Oil and Natural Gas Corp (ONGC) is among three dozen global energy majors vying for oil and gas blocks in Mexico’s maiden licensing round. ONGC Videsh (OVL), the overseas arm of the state...
View ArticleInauguration of 12th International Joint Organization Data Initiative (JODI)
Shri Saurabh Chandra, Secretary, Ministry of Petroleum and Natural Gas, Govt. of India today inaugurated the 12th International Joint Organization Data Initiative (JODI) Conference. The conference is...
View ArticleBidding process begins to rescue Rs 60,000 cr power plants
The bidding process to rescue stranded power projects worth Rs 60,000 crore began on Friday with the companies putting in bids to be technically qualified for getting government’s financial support....
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Dharmendra Pradhan visits ONGC Western Offshore
Minister of State (I/C) Petroleum & Natural Gas, Shri Dharmendra Pradhan visited the ONGC installations and facilities in the Mumbai High Western Offshore today. He was accompanied by Shri U.P...
View ArticlePetroleum minister Pradhan visits Mexico
The Minister of State (I/C) for Petroleum & Natural Gas Shri Dharmendra Pradhan led an Indian delegation to Mexico on May 18-19, 2015. During the two-day official visit he held bilateral talks with...
View ArticleVisit of Minister of state(I/C) for Petroleum and Natural Gas Shri Dharmendra...
Minister of State(I/C) for Petroleum and Natural Gas Shri Dharmendra Pradhan led an Indian delegation to Colombia on May 20-22,2015. During the official visit he held bilateral talks with his...
View ArticleEnergy Costs Rising as National Debts Grow
Worldwatch Institute’s State of the World 2015 explores the hidden threats of the rise of energy costs. Although gas prices are temporarily low at the pump, long-term energy costs are on the rise....
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Speech of the Minister for Petroleum and Natural Gas Shri Dharmendra Pradhan...
Excellency Bijan Namdar Zangeneh, Minister of Petroleum, IR Iran Excellency Adil Abd Al-Mahdi, Minister of Oil, Iraq Excellency Asdrubal Chavez J, Minister of Popular Power of Petroleum & Mining,...
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