Tuesday, January 31, 2023
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Petroleum Ministry

News Updates

ONGC, OIL big winners of OALP-VII bid round; govt offers 10 block in OALP-VIII

PSU Watch Bureau -
ONGC, OIL and GAIL walked away with most of the eight blocks offered for exploration and production of oil and gas in the OALP 7th bid round
News Updates

Petroleum Ministry launches Open Acreage Licensing Programme Bid Round-8

PSU Watch Bureau -
In continuation of its zeal to accelerate E&P activities, the Government has now launched the OALP Bid Round-VIII, offering 10 blocks
News Updates

LPG price hiked by Rs 50; rates up by Rs 244 in one year

PSU Watch Bureau -
Cooking gas LPG price on Wednesday was hiked by Rs 50 per cylinder, the eighth increase in rates in the last one year
PSU Events

MoS Rameswar Teli visits Engineers India’s head office

PSU Watch Bureau -
Union Minister of State for Petroleum & Natural Gas and Labour & Employment Rameswar Teli visited the Head Office of Engineers India Limited (EIL) on Tuesday
PSU Appointments

Harish Madhav gets additional charge as CMD of Oil India Ltd

PSU Watch Bureau -
Harish Madhav, who is currently serving as Director (Finance) of Oil India Limited, has been given additional charge as CMD of the company
News Updates

Oil & gas Industry welcomes deregulation of locally produced oil

PSU Watch Bureau -
The Govt on June 29 allowed firms like ONGC and Vedanta to sell locally produced crude oil to any Indian refinery for turning it into fuels such as petrol and diesel
Latest News

Mumbai High helicopter incident: Petroleum Ministry and ONGC announce ex-gratia of Rs 15 lakhs each to families of deceased

PSU Watch Bureau -
MoPNG and ONGC have announced ex-gratia payment of Rs 15 lakh each (Total Rs 30 lakh) for each family of the four persons who lost their lives
Latest News

Petroleum Minister launches Indian Oil’s Surya Nutan indoor solar cooking system

PSU Watch Bureau -
Indian Oil and the Ministry of Petroleum & Natural Gas (MoPNG) jointly have developed an indigenous Solar cook top Surya Nutan
News Updates

GAIL plans to enter distributed LNG production business

PSU Watch Bureau -
GAIL is planning to enter into distributed Liquefied Natural Gas (LNG) production with the vision to cater demand from off-grid locations and transport sector
PSU Jobs

Oil Ministry proposes higher age limit, shorter tenure for ONGC CMD post

PSU Watch Bureau -
The Petroleum Ministry has proposed raising of eligibility age as well as a shorter tenure for the new Chairman and Managing Director (CMD) of ONGC
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