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Nearly 1.04 crore LPG consumers voluntarily surrender their LPG subsidy under 'GiveItUp' campaign. New Delhi: Around 10.4 million liquid petroleum gas (LPG) consumers in India had given up their subsidy under the Government of India's 'GiveItUp' campaign, as of February 06, 2019....

Press Information Bureau February 12, 2019

3rd round of oil, gas auction under OALP launched; 23 blocks up for bidding New Delhi: The Government of India initiated the third round of petroleum and natural gas auctions on February 10, 2019, offering 23 blocks covering around 32,000 square kilometers in area, under the open acreage licensing policy (OALP)....

Business Standard February 11, 2019

Assam will be transformed into an Oil and Natural Gas Hub, says PM Guwahati: Assam is expected to become an oil and natural gas hub and boost the Indian economy, according to Mr Narendra Modi, Prime Minister of India....

Press Information Bureau February 11, 2019

Numaligarh Refinery Assam capacity to be expanded from 3 MMTPA to 9 MMTPA New Delhi: The Government of India has approved capacity expansion of Numaligarh refinery situated in Assam from three million metric tonnes per annum (MMTPA) to nine MMTPA with a total investment of Rs 22,594 crore (US$ 3.17 billion)....

Press Information Bureau January 16, 2019

BPCL to raise US$ 500 million from overseas bond sale Mumbai: Bharat Petroleum Corporation Limited (BPCL) is going to raise up to US$ 500 million through the sale of foreign currency convertible bonds (FCCBs) to meet its capital expenditure requirements....

Livemint January 14, 2019
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