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​GOOD MORNING INDIA!

October,15,2018,Monday

THE WEEK IT WAS IN THE OIL AND GAS SPACE 

LATEST NEWS

Oil Prices Remain Steady

Oil Prices Remain Steady

Steady conditions prevailed at the wholesale oils and oilseeds market today as prices of edible and non-edible oils moved in a narrow range on alternate bouts of trading and settled around previous levels.

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MOST NOTABLE STORIES OF THE WEEK

Good Response To Round 1 Of Open-acreage Bidding, Says DGH

Good Response To Round 1 Of Open-acreage Bidding, Says DGH

The response to international competitive bids for 55 oil and gas blocks under the Open Acreage Licensing Policy has been tremendous, according to the Director-General of Hydrocarbons, Atanu Chakraborty.

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‘KG Basin A Major Pillar For Country’s Energy Security’

‘KG Basin A Major Pillar For Country’s Energy Security’

The Krishna-Godavari (KG) Basin, with prognosticated resources of 9.5 billion tonnes of oil equivalent, is poised to be a major pillar for country’s energy security, said Atanu Chakraborty, Director General, Directorate General of Hydrocarbons (DGH).

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McDermott Eyes Petronas Projects

McDermott Eyes Petronas Projects

McDermott, a US-based company providing integrated engineering, procurement, construction and installation services for offshore and subsea field developments, expects to win some of Petroliam Nasional Bhd's (Petronas) projects.

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GSPL Falls 6% After Board Approves Stake Buy In Gujarat Gas

GSPL Falls 6% After Board Approves Stake Buy In Gujarat Gas

Gujarat State Petronet (GSPL) dipped 6% to Rs 178 on the BSE in early morning trade after the company said that its board approved the acquisition of 28.4% stake of Gujarat Gas (GGL) from Gujarat State Petroleum Corporation (GSPCL) by way of an inter-se transfer.

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