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oil and gas sector news

56-year-old employee dies in fatal accident at ONGC Borholla fields, say sources

A 56-year-old employee has died in a fatal accident that took place at ONGC Jorhat asset in Assam on June 5, two sources aware of the incident said

Cost of energy should not outstrip paying capacity of consuming nations: Hardeep Singh Puri

Hardeep Singh Puri said that the cost of energy should not be allowed to outstrip the paying capacity of consuming nations

PM Modi to interact with global oil & gas sector CEOs, experts on Oct 20

PM Narendra Modi will interact with the CEOs and experts of global oil and gas sector on October 20 at 6 pm through video conferencing

ONGC’s second well in KG-DWN-98/2 block has started production: CMD

ONGC has put the second well in its promising KG basin block, known as KG-DWN-98/2 or KG-D5 project, into production, said its CMD Subhash Kumar

Indian Oil Petronas Pvt Ltd to venture into gas transportation, fuel retailing biz: SM Vaidya

Indian Oil Petronas Pvt Ltd (IPPL) is now set to enter into natural gas transportation and fuel retailing business as Indian Oil’s Board of Directors has approved a diversification plan

DGH overhauls PSC for NELP/Pre-NELP blocks, reduces paperwork

The Directorate General of Hydrocarbons (DGH) has limited the number of statutory approvals required for oil and gas blocks under NELP and pre-NELP regime

Dharmendra Pradhan launches DSF round 3; 74 discoveries on offer

Dharmendra Pradhan has launched the bid round 3 under Discovered Small Fields (DSF) regime for international competitive bidding

ONGC misses capex target; OIL, IOC, HPCL, BPCL exceed budgeted spending for FY21

ONGC missed its capex target for FY21 by one-fifth, while other downstream oil and gas companies, IOC, HPCL and BPCL exceeded the targeted spending

Indian Oil awards consultancy for Panipat Refinery expansion project to EIL

Indian Oil Corporation (IOC) has awarded the consultancy and management contract for the Panipat Refinery Expansion project to EIL

PNGRB extends bid submission deadline for JNPT-Navi Mumbai ATF pipeline

The PNGRB has extended the deadline for the submission of bids for the development of an ATF pipeline from JNPT to Navi Mumbai International Airport

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