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.
India’s first auction of oil and gas blocks under a new liberal licensing regime on Thursday is set to test investor appetite at a time when renewable sources of energy are threatening the dominance of fossil fuels.
Struggling to survive despite the government ‘s clean energy dream, biodiesel industies have demanded the Goods and Service Tax (GST) rate on them be slashed from the current 18 to 5 per cent.
Three months after the MP government slashed VAT on fuel, prices of petrol and diesel are all set to rise again sometime this week as the government has levied 1% cess to generate funds for ‘building infrastructure’.
China will not allow “excessive” conversion of coal-to-gas heating this year, Sun Wenyu, gas researcher at CNPC Research Institute, said on Tuesday at a briefing
After limited success in coal bed methane(CBM) exploration, Bengalmay finally get access to sufficient green energy. Courtesy, Hiranandani group.
The Oil and Natural Gas Corporation (ONGC) is set to institute a high-level independent investigation into the ill-fated Chopper crash on Saturday, which led to the demise of six passengers on-board and one still missing.
The Tata group has hired EY to explore the sale of Tata Petrodyne Ltd (TPL), its oil and gas exploration and production business, two people aware of the development said.
Indian Oil & Gas Firms Likely To Report Strong Third Quarter; Petronet LNG May See Decline In Net Income
Indian Oil & Gas companies are expected to report healthy operating profits for the third quarter ended December 2017 on the back of inventory gains, increased refinery throughput, higher crude realization and higher gas transmission volumes.
The 20 Year LNG Supply Deal Will Commence In 2018 As Originally Agreed In 2012