Petroleum Sector Latest News

Talcher Fertilizers has awarded a contract that is being hailed as a milestone in the revival of Talcher unit of FCIL to a Chinese company

GAIL registered a 15 percent increase in Profit after Tax (PAT) in Q1 FY20, as against the last quarter of FY 2018-19

Dr Ashutosh Karnatak assumed charge as CMD of GAIL (India) Limited on 1st August 2019. Dr. Karnatak carries a rich experience of over 37 years in the hydrocarbon sector and is also concurrently serving as Director (Projects) since March, 2014

The PNGRB is now thinking of opening up the gas distribution sector to new businesses in order to bring in competition

Sources said that the pipeline business could be spun off into a separate entity, where the government may divest a majority stake to a strategic investor

A squad of specially designed auto rickshaws fitted with live pollution meters will ply on the roads of Delhi NCR under this initiative

The tariff finalised by the PNGRB is not just lower than the previous tariff, but is also 66 percent lower than what GAIL had proposed

According to sources, the government has been planning to bifurcate GAIL’s transportation and marketing arms and merge three power generation companies

GAIL (India) Limited recorded its highest ever profit after tax (PAT) of Rs 6,026 crore for financial year 2018-19 in over three decades