India’s first plant to convert coal to synthetic gas is to be set up in Odisha under the supervision of state-run gas transmission utility GAIL, the Petroleum Minister said on Thursday.
Consumption of fuel, a proxy for oil demand, totalled 17.39 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.
Amid talk of spinning off gas marketing business of GAIL India Ltd into a separate company, Oil Minister Dharmendra Pradhan today said the state-run firm should focus on building natural gas pipelines as marketing can be done by “anyone”.
Amid reports of splitting GAIL India’s gas transportation and marketing business, Oil Minister Dharmendra Pradhan today said the company should concentrate on laying gas infrastructure while marketing can be done by anyone.
The Indian Oil Corporation (IOC) has come up with a facility wherein the consumers can book their gas cylinders through social media platforms – Facebook and Twitter.
The Indian Oil Corporation (IOC) must abandon work on its cooking gas receiving jetty and storage facilities on Puthuvype island near Kochi as the project was unviable in such a thickly populated area, said a group of environmentalists led by former chairman of Kerala State Biodiversity Board V.S. Vijayan at a press conference here on Monday.
State-owned oil marketing companies want banks to reduce card transaction fees for petrol and diesel purchases by half, four people aware of the development said.
Union Minister for for Petroleum and Natural Gas Dharmendra Pradhan will inaugurate an Oil and Natural Gas Corporation (ONGC) organised symposium-cum-photo exhibition titled “The Mangalajodi Inheritance” here on Saturday.
“L&T Hydrocarbon Engineering, a wholly-owned subsidiary of Larsen and Toubro, has signed an offshore contract for the ‘Bassein Development 3 Well Platform and Pipeline Project’ with Oil and Natural Gas Corporation (ONGC) valued at approximately Rs 14.83 billion,” Larsen and Toubro stated in a BSE filing on Friday.
The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the signing of a Memorandum of Understanding (MoU) between India and Israel on cooperation in the oil and gas sector.