A mild radioactive source material weighing a few grams being used in the oil and natural gas exploration has gone missing from the ONGC’s Rajamahendravaram base camp.
Petrol price breached the ₹70 a litre-mark and diesel crossed ₹64-mark on Monday after rates were hiked for the fifth consecutive day on rising input cost.
LPG penetration in Kollam district has risen from 95.3% to 102.4% in two years under the Pradhan Mantri Ujjwala Yojana (PMUJ).
After months of delay, the Centre on Monday will launch the second auction of 14 blocks for prospecting of oil and gas in an attempt to raise domestic output to cut imports.
ONGC Videsh Ltd., the overseas arm of State-owned Oil and Natural Gas Corp. (ONGC), on Saturday said it has made a second oil discovery in Colombia that has increased prospects of its onland block in the South American nation.
An increase in international crude oil price by $10 will impact headline inflation by 49-58 basis points, researchers of the Reserve Bank of India said.
In what comes as a New Year’s gift, the government on Monday slashed non-subsidised LPG price by ₹120.5 per cylinder.
In what comes as a New Year’s gift, the government on Monday slashed non-subsidised LPG prices by Rs 120.5 per cylinder due to falling international prices and the strengthening rupee, the Indian Oil Corporation announced.
Oil prices dropped on Monday, nearing their lowest level this year, in line with another decline across global stock markets.
An Indian Navy chopper was pressed into service to stabilise a hydrocarbon excavation rig belonging to the public sector major Oil and Natural Gas Corporation (ONGC) in the Bay of Bengal between Kakinada and Yanam on Friday.