 | India:Govt rejects panel's idea on oil subsidy |
The petroleum ministry has rejected the crude oil matrix-based subsidy-sharing formula for Oil and Natural Gas Corporation (ONGC) and Oil India Ltd... |
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| Government treasuries get downpour of fuel tax |
The deregulation regime in retail fuel pricing is not only a boon for the Indian petroleum retailing companies, but also it has gold raining from a... |
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| India:Govt fixes higher price for ONGC gas from new fields |
In a big boost to Oil and Natural Gas Corporation (ONGC), the government has approved up to 25 per higher price for natural gas the state-owned fir... |
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| IFC to invest $500 million in Indian infrastructure |
International Finance Corporation (IFC), a unit of the World Bank, plans to invest $450-500 million in Indian infrastructure projects this year. Th... |
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| Third party LNG cargo unloaded at Hazira |
The company said that a fresh cargo of liquefied natural gas bought by public sector Gujarat State Petroleum Corporation Ltd through the spot marke... |
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| ONGC re-enters KG ultra-deepwater block |
Oil and Natural Gas Corporation Ltd (ONGC) has re-entered its successful East Coast Block after a gap of almost three years.Earlier, due to deepwat... |
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| Rivals find RIL Jamnagar a happy hunting ground |
In what could be the beginning of a trend in India's rapidly expanding refining sector, as many as 50 senior engineers recently quit Reliance Indus... |
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| GPS to track kerosene tankers |
In a bid to prevent black-marketing of kerosene, the Maharashtra government is using the Global Positioning System (GPS) to monitor the movement of... |
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| BP to terminate ''killed'' Gulf well next week news |
With the successful "static kill" of the gushing well in the Gulf of Mexico, coupled with the near total disappearance of skimmable oil at the wate... |
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| EOG Resources to sell 180,000 acres of shale fields in the US news |
EOG Resources, one of the largest independent oil and natural gas companies in the US, yesterday said that it plans to sell non-core shale assets i... |
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| Iran plans to transit gas through Iraq |
Iran has been authorised to export natural gas to political ally Syria and the Mediterranean area, transiting its neighbour Iraq, a senior Iranian ... |
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| Sudan signs oil deal with two smaller European firms |
KHARTOUM - Sudan on Friday signed a new onshore exploration deal for a 50,000 square kilometre Block E with two European companies, who calle... |
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| IPIC eyes refinery projects worth USD 20 billion |
Abu Dhabi government owned International Petroleum Investment Company is studying plans for 5 refineries worldwide with a total investment of USD 2... |
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| US official rejects total embargo on Iran |
An explosives-laden boat caused the damage to a Japanese oil supertanker in the Strait of Hormuz, the United Arab Emirates state news agency says. ... |
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| Iran Oil Company Says Persian LNG Project Suspended |
LONDON --Iran is suspending some liquefied natural gas projects, including Persian LNG, and shifting focus on pipeline exports instead, the h... |
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