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Oil and Gas

Fiscal Year:

Larsen arm wins Rs 1,656 crore contract from ONGC

Mumbai: Larsen & Toubro's (L&T) subsidiary, L&T Hydrocarbon Engineering has bagged an order relating to Oil and Natural Gas Corporation's (ONGC) Neelam Re-Devel...

March 21, 2017

At 19 million tonnes|year, India 2nd-largest LPG user in world

New Delhi: India has become the second largest user of domestic liquefied petroleum gas (LPG) in the world with 19 million tonnes per year consumption, due to rapid rollout of &lsq...

February 08, 2017

Cairn India to invest Rs 30k cr in three years

New Delhi: Cairn India Limited, India's largest onshore crude producer, plans to invest around Rs 30,000 crore (US$ 4.4 billion) in the next three years, to increase output by ...

December 06, 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....

September 08, 2016

OVL raises US$ 1 billion in largest Indian bond float of 2016

New Delhi: ONGC Videsh Limited (OVL), the overseas acquisition arm of state-run explorer ONGC, has raised US$ 1 billion through a US dollar bonds issue to finance its acquisition o...

July 22, 2016

More than 19 lakh people to be trained over next 10 years in oil and gas sector

New Delhi: The Hydrocarbon Sector Skill Council (HSSC), which was set up by the Government of India under its Skill India initiative, plans to train over 1.9 million people in the ...

June 09, 2016

Direct transfer plan saved Rs 21,000 crore LPG subsidy in 2 years

New Delhi: The Government of India has saved Rs 21,000 crore (US$ 3.15 billion) on Liquefied Petroleum Gas (LPG) subsidy in the past two financial years as a result of the direct t...

May 05, 2016

India-Iran sign agreements on crude oil imports, gas field development

New Delhi: India and Iran have signed agreements related to crude oil imports, petrochemical complexes and gas field development, in addition to India committing to invest US$ 20 b...

April 12, 2016
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