 | OMCs uncertain, but producers certain about future |
The future looks bleak for oil marketing companies (OMCs), despite decontrol of petrol prices and increase in prices of other petroleum products. B... |
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 | Royalty regime to be adopted for shale gas operators |
New Delhi: In a break from convention, the government is planning to adopt the royalty system for raising revenue from hydrocarbon reserves, just a... |
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 | BPCL to spend Rs 7,500 crore |
Bharat PetroResources (BPRL), a fully owned subsidiary of BPCL will use these funds. BPRL was incorporated in 2006 for exploration and production (... |
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 | Ministry okays Rs 1,54,512-crore investment proposal in 3 PCPIRs |
In a major boost for investment in the petrochemical sector, the Ministry of Chemicals and Fertilisers has approved a proposal of investments worth... |
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 | CAG slams ONGC for tardy exploration |
Premier auditor the Comptroller and Auditor General (CAG) has slammed Oil and Natural Gas Corporation (ONGC) for systemic deficiencies in oil and g... |
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 | Petro products to be outside GST: States |
In yet another blow to the Centre's plans on the proposed GST, the states on Thursday stated that petroleum products would be out of the proposed i... |
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 | New investment policy for fertiliser sector soon: Jena |
NEW DELHI: Government will soon unveil an investment policy for the urea sector which would also help revive eight public sector urea factories now... |
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 | Global tender soon for fibreglass cooking gas cylinders |
New Delhi, Oil marketing companies have been asked to call for global tender to set up domestic manufacturing facility for fibreglass cooking ... |
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 | Team ONGC proves viability of 2.7tcf Mahanadi block |
NEW DELHI: Oil & Natural Gas Corp (ONGC)-led consortium of state-owned energy firms has proved commercial viability of its Mahanadi gas find, p... |
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 | Oil company used unproven equipment in Arctic waters |
OTTAWA — The last company to drill for petroleum off Canada's Arctic coast was given the green light by federal regulators to use blowout-preventio... |
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 | UAE aims to increase oil output capacity by 2018 |
DUBAI (Reuters) - The United Arab Emirates aims to increase its oil production capacity to 3.5 million barrels per day (bpd) by 2018 from 2.7 milli... |
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 | China oil spill is 'more serious than reported' |
BEIJING-An environmental group has called on Chinese authorities to redouble efforts to clean up a group of islands polluted by what has been descr... |
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 | Tehran lobbies Beijing for energy ties |
Joint cooperation in the Iranian and Chinese energy sectors was on the agenda for talks Thursday in Beijing, the Iranian oil minister announced. Ir... |
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 | Sri Lanka to further open up lubricant market |
The Sri Lankan government has decided to further open up the lubricant market by allowing more suppliers with the aim of increasing competition and... |
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 | Abu Dhabi aims to become 'leading exporter' of gas |
Abu Dhabi has more than 200 trillion cubic feet of natural gas reserves. Above, the Habshan gas complex in the capital. Reuters Abu Dhabi has long-... |
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 | Saudi woos Asia with low crude prices Friday, |
SINGAPORE: Top oil exporter Saudi Arabia will keep enticing Asian term buyers to the kingdom's crude by maintaining official selling prices (... |
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 | Vietnam says China violates its sovereignty in sea |
Vietnam accused China on Thursday of violating its sovereignty by conducting seismic exploration near disputed islands in the South China Sea and u... |
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