India energy sector to offer US$ 300 bn opportunities in 10 yrs'

New Delhi: Foreign investors will have opportunities to invest in projects worth US$ 300 billion in India, as the country looks to cut reliance on oil imports by 10 per cent by 202...

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...

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...

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 ...

Manali Petro acquires UK-based Notedome Limited for Rs 120 crore

Chennai: Manali Petrochemicals has acquired Notedome Limited, a UK-based system house, for about Rs 120 crore (US$ 18.04 million), which would impel its expansion plans, and play a...

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 c...

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....

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 (...