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HPCL, Gail to divest up to 50% stake in Rs 30k petrochem plant in AP

Aug 23, 2016

HPCL, Gail to divest up to 50% stake in Rs 30k petrochem plant in AP

HPCL and GAIL are looking at setting up a 1 million tonnes Ethylene Derivatives plant, which will produce a wide range of petrochemical raw materials for the manufacture of detergents, paints and coatings, cosmetics, textiles and adhesives #GAIL #HPCL #Oil India #petrochemcal plant #mukesh surana
Oilfield auctions: Allies BJP, AGP not on same page as protests erupt in Assam

Jun 29, 2016

Oilfield auctions: Allies BJP, AGP not on same page as protests erupt in Assam

Former Assam chief minister Prafulla Kumar Mahanta expressed his discomfort by stating that a common minimum program has to be formulated among the allying political parties of the BJP-led government in Assam on such contentious issues. #BJP #PoliticsDecoder #Assam #ONGC #Asom Gana Parishad #Prafulla Kumar Mahanta #Oil India #Dharmendra Pradhan #AASU #oilfields
India in driver's seat as fuel demand roars at fastest rate ever

Mar 18, 2016

India in driver's seat as fuel demand roars at fastest rate ever

Underpinned by annual economic growth of 7-8 percent, India's fuel demand is seen as a key oil price support over 2016-2017 #Economic growth #IOC #International Energy Agency #Oil India #energy demand #IEA #PPAC
ONGC Videsh, IOC, Oil India sign deals to access Russia's lucrative hydrocarbons sector

Dec 25, 2015

ONGC Videsh, IOC, Oil India sign deals to access Russia's lucrative hydrocarbons sector

As per deal between ONGC Videsh and Russian oil behemoth Rosneft, the former will pick up 15 percent stakes in Vankorneft oil fields in Siberia for $1.3 billion #IOC #ONGC Videsh #Oil India #Rosneft #Oil & Gas #hydrocarbons sector #Vankorneft
Ficci writes to Centre, seeks realistic gas pricing formula to help upstream firms

Oct 09, 2015

Ficci writes to Centre, seeks realistic gas pricing formula to help upstream firms

With offshore gas explorations being quite expensive, the Ficci letter urged the government for special incentives keeping the steep cost of production in sight. #Economy #Business #NewsTracker #ONGC #FICCI #Oil India #Gas pricing formula
Thanks to decimation of gas sector, hydrocarbons explorers have a new prayer on their lips: 'God, let there be no gas'!

Oct 08, 2015

Thanks to decimation of gas sector, hydrocarbons explorers have a new prayer on their lips: 'God, let there be no gas'!

By artificially suppressing domestic gas price, the government of India only ended up with more loss to exchequer in royalty and cess along with a depressed investment climate. #Economy #Energy #crude oil #ConnectTheDots #ONGC #Petrol #LNG #oil and gas #Oil India #Messrs Petronet LNG Ltd #RasGas #Domestic gas price
Oil India gets green nod to produce 1 mmscmd gas in Jaisalmer

Sep 11, 2015

Oil India gets green nod to produce 1 mmscmd gas in Jaisalmer

The wells will be drilled in Dandewala, Bagitibba and Tanot mining lease blocks in Tanot village in Jaisalmer. #Economy #Business #Energy #CompanyWatch #Oil India #Jaisalmer #Ministry of Environment and Forest #Dandewal Gas Processing Complex
Cabinet clears auctioning of ONGC, Oil India fields to private firms

Sep 02, 2015

Cabinet clears auctioning of ONGC, Oil India fields to private firms

The weight for revenue share will be 80 percent while 20 percent would be for work programme that may include drilling of exploratory and development wells and seismic studies. #Economy #Narendra Modi #Agriculture #ONGC #LPG #PolicyWatch #Oil India #CCEA #NELP #Dharmendra Pradhan #New Exploration Licensing Policy