The Assam government has banned strikes by employees in the Oil and Gas sector in the state under the Essential Services Maintenance (Assam) Act, 1980 for six months.
Royal Dutch Shell is close to bagging a deal to supply Hong Kong with liquefied natural gas(LNG), beating out major competitors for the right to be the first company to supply LNG to the city.
Oil regulator PNGRB has terminated GAIL India Ltds licence to build a Rs 10,000 crore natural gas pipeline from Surat in Gujarat to Paradip in Odisha, saying the state-owned firm hadnt started work on the project even after six years.
The shares of state-owned oil and gas firm, Indian Oil Corporation (IOC) slipped 3.50 per cent in Thursday’s morning trade even as the company issued bonus shares and got involved in collaborations lately.
The Indian Oil Corporation (IOC) has developed refining processes that may help it save at least $1.5 billion in costs as well as challenge global giants in the technology-leasing business.
Iran and Russia signed a deal on Wednesday to develop two oilfields in Iran, according to Iranian state TV.
The government is prepared to pay a higher offtake price to producers of biofuel than it does for fossil fuels in a bid to boost the use of clean energy, Petroleum Minister Dharmendra Pradhan said on Wednesday.
The Petroleum and Natural Gas Regulatory Board (PNGRB) has terminated the Surat-Paradip natural gas pipeline project by GAIL India owing to delays.
Indian Oil Corporation (IOC), the nation’s largest fuel retailer, and Tata Motors have started collaboration to jointly develop indigenous hydrogen fuel cell technology.
In an interaction with EnergyInfraPost.com Mr. Vilas Tawde, Director & CEO, Essar Oil & Gas Exploration and Production. spoke on the corporate developments of EOGEPL and also will shed light on current industry scenario and policy framework.