Category: Oil & Gas

NEW DELHI: The government has received about Rs 5,001 crore as a dividend tranche from ONGC, taking the total dividend receipt from all CPSEs (Central Public Sector Enterprises) so far this fiscal to Rs 23,797 crore.

NEW DELHI: Oil and Natural Gas Corporation (ONGC), India’s largest oil and gas explorer and producer company has paid Rs 5,001 crore as dividend to the government, said Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey on Monday.

NEW DELHI: In a bid to strengthen the natural gas infrastructure and usher in rapid growth of its market in the country, the Petroleum and Natural Gas Regulatory Board (PNGRB) on Friday has made amendments in three regulations namely Natural Gas Pipeline Tariff, Authorisation and Capacity Regulations.

BRUSSELS: On winter’s doorstep, European Union nations have not been able to surmount bitter disagreements as they struggle to effectively shield 450 million citizens from massive increases in their natural gas bills as cold weather sets in.

NEW DELHI: Indian refiners like Nayara Energy and Indian Oil Corporation are likely to benefit from the sharp fall in crude oil prices recently. Amid the talks of a price cap on Russian oil by the European countries, oil prices in the international market fell rapidly in the past 2-3 weeks. Brent Crude Future, the […]

KOCHI: The LPG distributors in Ernakulam district have threatened to go on strike on November 15 if the police delay action against CITU leaders who allegedly attacked the owner of an LPG distribution agency at Kuzhuppilly on October 25.

NEW DELHI: Russia has become India’s top oil supplier in October, surpassing traditional sellers Saudi Arabia and Iraq, according to data from energy cargo tracker Vortexa.

LONDON: In the Putumayo region of the Colombian Amazon, Segundo Meneses’ daily routine took him to the Chufiya river, its banks verdant and waters alive with catfish and piranha. On one morning seven years ago, he noticed a dark film lapping the shore. Where the river turned a bend, it turned to black. It was […]

RAJAMAHENDRAVARAM: The establishment of a bioethanol plant augurs well for the farming community, youth and the entire State, Chief Minister YS Jagan Mohan Reddy said after he laid the foundation stone for the Rs 270- crore bio-fuel unit at Gummaladoddi in East Godavari district on Friday. “The plant, set up by Assago Industries, will offer […]

NEW DELHI: GAIL (India) Ltd, the nation’s largest gas distributor, on Friday reported a 46 per cent drop in its September quarter net profit as supply disruptions from a former unit of Russian energy giant Gazprom hurt business.

NEW DELHI: Adani Total Gas Ltd (ATGL) on Thursday reported a 12 per cent drop in its September quarter net profit as higher gas price hurt margins.

MUMBAI: Shapoorji Pallonji Oil & Gas, the only domestic specialist firm in building floating production storage and offloading units (FPSO) in the hydrocarbon industry, has built a unit for ONGC to be deployed in the KG Basins.