Indian firms H-Energy and Petronet LNG on Wednesday signed agreements to buy liquefied natural gas from Russian gas producer Novatek on long-term contracts as they looked to vast reserves in the Arctic for meeting energy needs of Asia’s third-largest economy. The separate agreements envisage the possibility of Indian firms picking up stake in Novatek’s LNG […]
Category: Oil & Gas
ONGC plant fire: 3 CISF jawans among 4 killed
Four persons, including three CISF jawans, were killed and three others injured when a massive fire broke out in storm water drainage at the Uran plant of the Oil and Natural Gas Commission (ONGC) in neighbouring Raigad district on Tuesday. Following the mishap, the domestic, industrial and commercial gas supply made to the city gas […]
4 killed, 3 injured in fire at ONGC plant in Navi Mumbai
Four people were killed and three others injured after a fire broke out at the Oil and Natural Gas Corporation’s (ONGC) plant in Navi Mumbai township of Maharashtra on Tuesday, police said. The ONGC said there was no impact on oil processing and that the gas was diverted to its Hazira plant in Surat district […]
2 ex-Defence personnel die in cylinder blast
Two former Defence personnel were killed when an LPG cylinder exploded in a house at Kharinasi village in the district on Saturday. The deceased were identified as PC Samantray of Nayagarh district and SK Sahu, a resident of Brahmapur. Both were former Indian Navy personnel. Currently, they were engaged as boatmen of the Jamboo Marine […]
NCLAT dismisses Govt claims of $314 mn from Videocon Industries for Ravva offshore
The National Company Law Appellate Tribunal (NCLAT) has rejected the oil ministry’s plea seeking $314 million (around Rs 2,245 crore) from insolvency-bound Videocon Industries in unpaid profit petroleum from the Ravva oil and gas fields in the eastern offshore. The ministry had on October 22 last year sent Videocon a demand notice for payment of […]
Hijacked oil tanker seized in M’bhanj
The police of Baleswar and Mayurbhanj initiated action to track down miscreants after report of stealing of oil from a moving tanker by unidentified armed miscreants was reported. According to sources, the miscreants siphoned off 22,000 litres after hijacking the tanker which was heading towards Angul from Haldia (Bengal) on Wednesday night. The armed miscreants […]
India nudges Russia to get OPEC to price oil at reasonable rates
India has nudged Russia to use its influence on oil suppliers cartel OPEC to balance the global oil market, ensuring adequate supply with responsible and reasonable price. Oil Minister Dharmendra Pradhan, on a three-day visit to Moscow, met his Russian counterpart Alexander Valentinovich Novak to review “the entire spectrum of oil and gas cooperation,” Pradhan […]
ONGC charts course for new ‘avatar’
India’s top oil and gas producer ONGC on Friday unveiled a USD 15-16 billion investment plan to double output from its domestic and overseas fields and expand its refining capacity three folds alongside diversification into renewables in a new vision document for 2040. “The new strategy document aims to transforms ONGC in a new ‘avatar’ […]
Ship at Chilika: Puri Admn holds talks for removal of oil
The Puri district administration has initiated talks with the owner of Tug JIN HWA 32, a Malaysian cargo vessel that has run aground in the Chilika lake since August 9, regarding removal of the fuel from the ship. State Commerce & Transport Minister Padmanabha Behera on Monday said the talks began two days ago. Earlier, […]
Oil removal from Malaysian vessel at Chilika begins
A day after Tug JIN HWA 32, a Malaysian cargo vessel that ran aground in the Chilika on August 9, toppled in the lake, the process for removal of oil from the ship began on Wednesday. “The oil removal process began today and might take three to four days for completion. After complete removal of […]
Auto LPG body seeks GST cut, level playing field to spur usage
The government should reduce GST on LPG used in automobiles to 5 per cent to provide the environment-friendly fuel a level playing field and spur its usage, the association of auto LPG has demanded. The Indian Auto LPG Coalition (IAC) wants the government to treat auto LPG at par with any other clean fuel like […]
BPCL appoints hockey player Vivek as executive officer
Vivek Sagar, a talented international player of Madhya Pradesh State Men’s Hockey Academy, has been appointed as Executive Officer Group-‘A ‘by Bharat Petroleum Corporation Limited (BPCL). Vivek Sagar After reaching the city stadium today, Director Sports and Youth Welfare Dr. Sl Visit Thousen and apprise him about the appointment made by BPCL. Sports Director SL […]