26 Jul 2015
New Delhi: State-owned Oil and Natural Gas Corp (ONGC) plans to invest over USD 8.8 billion in bringing to production its much-touted KG-basin oil and gas discoveries by 2018-19.
25 Jul 2015
New Delhi: Ashok Kumar Balyan, former chief executive of Petronet LNG Ltd, has joined Anil Ambani-led Reliance Group as CEO of its Oil & Gas Business. "Among other areas, Balyan shall be leading the Group's efforts towards setting up of LNG terminal and LNG procurement for the Bangladesh power project being implemented by Reliance Power as well as other opportunities in the oil and gas space," the company said in a press statement.
27 Jul 2015
Washington: Automaker Fiat Chrysler is about to be hit with a record USD 105 million fine for lapses in recalls of its vehicles, the Wall Street Journal reported today.
01 Jul 2015
New Delhi: The Supreme Court today held that Petroleum and Natural Gas Regulatory Board (PNGRB) was not entitled to determine the prices of compressed natural gas (CNG) and piped natural gas (PNG).
12 Jul 2015
New Delhi: ONGC Videsh Ltd, the overseas arm of state explorer Oil and Natural Gas Corp, has decided not to exit a Vietnam oil block in the contested waters of the South China Sea despite poor hydrocarbon prospectivity.
19 Jun 2015
New Delhi: India today offered its expertise to Tanzania in development of its potentially rich natural gas sector and decided to extend e-tourist visa to people of the African nation even as the two countries signed eight MoUs to expand engagements in diverse areas.
11 Jul 2015
Ashgabat: Prime Minister Narendra Modi today pitched for early implementation of the USD 10 billion TAPI (Turkmenistan-Afghanistan-Pakistan-India) gas pipeline project during his talks with Turkmenistan President Gurbanguly Berdymukhammedov as both countries inked seven pacts to ramp up engagement in key areas, including defence.
19 Jun 2015
Mumbai: A day after it surged more than 280 points, a barometer index of the Indian equities markets continued its upward trajectory and gained 156 points in the mid-afternoon session on Friday.
02 Jul 2015
Anchorage: A US government report indicates about a third of the world's polar bears could be in imminent danger from greenhouse gas emissions as soon as 2025.
18 Sep 2012
The government may have slashed subsidy on LPG cylinders and capped them to six per annum per family but that doesn’t seem to bother Uttar Pradesh Chief Minister Akhilesh Yadav. Surprisingly the minister consumes 8 cylinders every month on his tea parties.