Larsen & Toubro (L&T) on Thursday announced that its Hydrocarbon vertical (L&T Energy Hydrocarbon – LTEH) has secured significant order from the Oil & Natural Gas Corporation (ONGC) for the MHN TCPP PGC BGC Project (MTPBP), off India’s West Coast. The scope of work includes engineering, procurement, construction, installation, and commissioning of new Process Gas […]
Category: Oil & Gas
Oil & Gas
RBI urges state refiners to make payments for some oil imports in Rupees
The Reserve Bank of India has asked the country’s major state-owned refiners to press Persian Gulf suppliers to accept at least 10 per cent of oil payments in rupees in the next financial year, three executives at the processors said. The move is aimed at promoting the Indian currency in international trade and cutting dependence […]
Kalpataru Projects International to lay 800 kms gas pipeline for Aramco
Kalpataru Projects International on Tuesday said it has secured an order from Saudi Arabia’s energy major Aramco for laying 800 kilometres of gas pipeline. Kalpataru Projects International Ltd (KPIL) has received the letter of intent (LoI) from Aramco for carrying out engineering, procurement and construction works for three packages of the third expansion phase of […]
Union Minister Jyotiraditya Scindia inaugurates India’s first green hydrogen plant in stainless steel sector
Union Minister of Civil Aviation & Steel, Jyotiraditya M. Scindia, addressed a gathering at the inauguration of India’s first green hydrogen plant within the stainless steel sector in a landmark moment for India’s industrial landscape. The inauguration ceremony marked a milestone in India’s journey towards sustainable industrial practices, with the Jindal Stainless’ Green Hydrogen project […]
ONGC board approves JV with EverEnviro to set up CBG plants pan India
In a significant move towards bolstering India’s renewable energy capabilities, the state-run Oil and Natural Gas Corporation (ONGC) has announced its partnership with EverEnviro Resource Management Pvt. Ltd, a leader in the compressed biogas (CBG) sector, to establish CBG plants across the nation. The ONGC board, in a recent meeting, has given in-principle approval for […]
Mahanagar Gas to acquire 30.97% stake in 3EV for Rs 96 crore
Mahanagar Gas Limited (MGL) on Tuesday announced that it has entered into Shareholders’ Agreement (SHA) with 3EV Industries Private Limited to acquire 30.97 per cent shareholding in the company. “We wish to inform that subsequent to execution of Share Subscription Agreement (SSA), Mahanagar Gas Limited has entered into Shareholders’ Agreement (SHA) with 3EV Industries Private […]
India closes in on Oman trade deal as Mideast ties strengthen
India and Oman are close to concluding talks on a trade deal that will allow easier access of goods and services into each other’s markets, officials familiar with the matter said, further cementing the South Asian nation’s presence in the Gulf region. The two sides have reached consensus on a majority of the issues in […]
Qatar to boost gas output with new mega field expansion: minister
Qatar on Sunday announced new plans to expand output from the world’s biggest natural gas field, saying it will boost capacity to 142 million tonnes per year before 2030. The new North Field expansion, named “North Field West”, will add a further 16 million tonnes of liquefied natural gas (LNG) per year to existing expansion […]
Need research work on ways to reduce dependence on fossil fuels, says Gadkari
Union Minister Nitin Gadkari on Wednesday said research work needs to be done on ways to cut down the dependence on fossil fuels as that will also help in reducing ecological and environmental issues. Research works also have a huge potential to make sustainable life for socially, economically and educationally backward classes, the Minister for […]
Govt allows Nafed, NCCF to sell maize to ethanol makers at base rate of Rs 2,291/quintal
To ensure uninterrupted supply of maize for ethanol makers, the government has allowed cooperatives Nafed and NCCF to sell maize at a base price of Rs 2,291 per quintal to distilleries this year. Nafed and National Cooperative Consumers’ Federation of India (NCCF) will procure maize at a minimum support price of Rs 2,090 per quintal […]
NTPC arm NGEL inks pact with AP to develop India’s largest green hydrogen production facility
NTPC arm NGEL has signed an agreement with the government of Andhra Pradesh for the development of an integrated green hydrogen hub. The land lease agreement was signed between NTPC Green Energy Limited (NGEL) and Andhra Pradesh Industrial Infrastructure Corporation (APIIC) for the said project near Pudimadaka village of Atchutapuram Mandal in Visakhapatnam district, NTPC […]
NRL executes longest horizontal drilling for crude oil pipeline project
Numaligarh Refinery Limited (NRL) has executed one of the longest Horizontal Directional Drilling (HDD) in Subansiri River, connecting Lakhimpur and Majuli in Assam, for its crude oil pipeline project. NRL is executing the mega project of laying 1,635km pipeline from Paradip Port in Odisha to Numaligarh in Assam along with expansion of its refinery from […]