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India signs contract for exploration of polymetallic sulphides with International Seabed Authority New Delhi: The Ministry of Earth Sciences (MoES) has signed a 15-year contract with the International Seabed Authority (ISA), for exploration of poly-metallic sulphides (PMS) in the Indian Ocean, thereby enhancing India’s presence in the Indian...

Press Information Bureau September 27, 2016

Panel prepares blueprint for doubling mineral output growth New Delhi: The Ministry of Mines plans to restart operations in several hundred mines across the country in order to boost mineral production by one percentage point from 2.4 per cent at present, over the next two-to-three years....

Livemint September 20, 2016

Reliance Industries now 8th largest energy company globally Kolkata: Reliance Industries Ltd (RIL) has been ranked eight among the top 250 energy companies in the world, in a new survey by Platts Top 250 Global Energy Company Rankings 2016....

Economic Times September 08, 2016

Oil and gas firms to invest Rs3 trillion to help build gas-based economy New Delhi: Mr Sashi Mukundan, Country Head at BP India Services Private Limited, has stated that investments in India's oil and gas sector will likely touch Rs 2.5-3 trillion (US$ 37.37-44.84 billion) over the next few years, which will help rais...

Livemint August 17, 2016

ONGC launches Rs 100-cr start-up fund New Delhi: The Oil and Natural Gas Corporation (ONGC) has launched a start-up fund of Rs 100 crore (US$ 15 million) on its Diamond Jubilee year to encourage and promote new ideas related to oil and gas sector, thereby giving a fillip to government...

Business Standard August 16, 2016
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