Monday, December 5, 2022
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OIL

ONGC & OIL gas prices to be capped at USD 6.5 per mmBtu for 5 yrs

A panel led by Kirit Parikh is recommending a floor & ceiling price for natural gas produced from legacy fields of ONGC, OIL for 5 years to moderate CNG and PNG prices

NRL & OIL organise Start-up Investors’ Summit 2022

NRL and OIL organised the first Start-up Investors’ Summit 2022 today at Guwahati to attract investors for start-ups from the North-East

Benchmark indices rise in early trade after two days of fall

BSE Sensex climbed by 153 points to stand at 60,989.41 in early trade & NSE Nifty advanced by 55.3 points to reach 18,108 amid mixed trends in global markets

Govt says NRL need not come to OIL Board for getting its projects approved

The government has said that NRL, which is a subsidiary of OIL, need not come to the Board of Directors of its parent company to seek approval for its projects

No one asked India to stop buying oil from Russia, Puri says in US

India, the world's third-biggest oil importer and consumer, will continue to buy oil from any country that it has to, Oil Minister Hardeep Singh Puri said

Gas price hike: CNG prices may go up by at least Rs 8-12 per kg

CNG prices are likely to be hiked by Rs 8-12 per kg and that of gas piped to household kitchens by over Rs 6 per unit, said analysts

Important: Govt gives ONGC, OIL, Vedanta freedom to sell crude oil

The decision by the govt will ensure marketing freedom for all exploration and production (E&P) operators including OIL, ONGC

Assam Police alerts Oil India, ONGC of possible militant attack

The Assam Police has issued an advisory to Oil India Ltd (OIL) and ONGC regarding probable subversive activities by banned ULFA(I) militants

OIL signs MoU for Carbon sequestration, restoration of degraded forest land in Digboi

Synopsis: Oil India Limited (OIL) has signed an MoU with Digboi Forest Division, Assam Forest Department, on April 29 for a project on Carbon Sequestration and Restoration of Degraded Forest Land in Upper Dihing Reserved Forest (west block) under Digboi Forest Division

Natural gas production for January sees 12% growth y-o-y as private sector ups output

Synopsis: On account of increased production from the private sector, India's natural gas production during January 2022 rose by 12.17 percent year-on-year to settle at 2,861.09 MMSCM. However, the production still missed the target set by the government for the month of January by 16.47 percent

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