In line with Hydrocarbon Vision 2030 for North-East Region, ONGC management has approved additional investment of Rs 3104 Crore for drilling of wells and creation of surface facilities to produce gas from Tripura gas fields.
PTTEP, the exploration and production arm of Thailand’s oil and gas giant PTT Group, said on Thursday it had taken a $500 million stake in a liquefied natural gas (LNG) project with Malaysia’s Petronas.
The government has slapped ONGC, Reliance Industries and Royal Dutch Shell with a demand of USD 3.9 billion (about Rs 25,487 crore) in dues following an arbitration award in its favour, the state-owned firm said today.
In a move which follows a similar announcement by France in recent weeks, the proposals are part of the government’s clean air plan and aims to improve air quality in the UK and tackle excessive levels of nitrogen dioxide in towns and cities.
Diesel price per litre is marginally down by 1 paise on Thursday July 27 in the national capital. Prices made available on the IOCL website, the oil marketing company, showed price fixed at Rs 54.94 per litre.