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​GOOD MORNING INDIA!

September,24,2018,Monday

THE WEEK IT WAS IN THE OIL AND GAS SPACE 

LATEST NEWS

Govt Set To Hit Divestment Target For First Time As ONGC Buys 51% Stake In HPCL

Govt Set To Hit Divestment Target For First Time As ONGC Buys 51% Stake In HPCL

The government is all set to cross annual disinvestment target this fiscal for the first with ONGC buying the Centre's entire 51 per cent stake in HPCL for Rs 36,915 crore.

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MOST NOTABLE STORIES OF THE WEEK

Petrol Prices Breach Rs 71-mark In Delhi, Highest In 3 Years

Petrol Prices Breach Rs 71-mark In Delhi, Highest In 3 Years

The rise in Indian basket of imported crude oils pushed the petrol price in the national capital to Rs 71.56 a litre on Thursday, its highest level in over three years.

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Shell To Focus On Doubling Returns, Safety Performance Of Facilities In 2018: CEO

Shell To Focus On Doubling Returns, Safety Performance Of Facilities In 2018: CEO

Netherland-based Royal Dutch Shell plc, the world’s second-largest oil company, is working on a plan to invest around $1-2 billion every year on the company’s new Energies Business, buying back at least $25 billion in shares, ramp up focus on improving safety performance of its facilities and doubling its returns, Chief Executive Officer (CEO) Ben van Beurden said.

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Govt To Auction 55 Oil, Gas Exploration Blocks On Thursday

Govt To Auction 55 Oil, Gas Exploration Blocks On Thursday

The Government will on Thursday put on auction 55 exploration blocks in the first bid round in eight years that will offer a record area for prospecting of oil and gas.

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LNG Price Revision

Gazprom And GAIL Successfully Renegotiate The Deal To Supply LNG To India

The 20 Year LNG Supply Deal Will Commence In 2018 As Originally Agreed In 2012

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Petroleum Ministry For Awarding Of Discovered Small Fields By Oil, Finance Ministers

Petroleum Ministry For Awarding Of Discovered Small Fields By Oil, Finance Ministers

Giving a push for speedy approvals, the petroleum ministry has proposed that discovered small fields (DSF) be awarded in future by a limited group of the petroleum minister and the finance minister, instead of the 14-member Cabinet Committee on Economic Affairs (CCEA) headed by the Prime Minister.

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