Coal Secretary Susheel Kumar on Wednesday said the government is weighing measures to bring auctioned captive coal blocks into operation.
Indian oil firms are in talks with state-run Abu Dhabi National Oil Company (Adnoc) to acquire a stake in its ADMA-OPCO offshore oil concession when it comes up in 2018, Indian officials said.
India’s oil exploration and production sector will see investments worth $40 billion over the next four to five years, petroleum and natural gas minister Dharmendra Pradhan said in Mumbai.
India’s crude steel production is approaching that of world number two, Japan, but steel raw material suppliers should not become overly focused on this.
Kandla Port will become the second major port in India to have shore-to-ship power facility after V.O. Chidambaranar Port, formerly Tuticorin Port.
India will offer larger areas with higher oil and natural gas reserves in the next auction of discovered fields later this year as Prime Minister Narendra Modi’s government seeks to curtail rising crude oil imports.
India’s oil imports from Iraq rose 31.5 percent in July from a month ago, shipping data showed, allowing the Middle Eastern country to retain the top supplier spot for the fourth consecutive month amid declines from sellers like the United Arab Emirates, Venezuela and Iran.
Domestic oil and gas companies produced 6.05 per cent more natural gas in June, year-on-year. This could result in lesser import of natural gas during the month as gas demand is directly linked to availability. The country imported 4 per cent less natural gas in June, annually. According to data shared by the Ministry of […]
Indian state-controlled refiners have formally committed to building a huge refinery and petrochemical complex on the country’s west coast, despite continuing doubts over how the project fits into the government’s long-term energy strategy.
Japan and China are snapping up rights in key Asian ports as they vie for control over a shipping route that is crucial to both their nations’ interests.