The government has granted 18 Petroleum Mining Leases to winning bidders under DSF Round I and is in advanced stages of granting the rest, upstream regulator Directorate General of Hydrocarbons (DGH) said in a notice today.
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Canada must act sooner than later if it wants to capitalize on India’s growing energy demands before that economic potential is lost to other producers, suggests industry advocate Tim McMillan.
The UK’s Department for International Trade (DIT) is bringing together a delegation of Indian oil and gas organisations at the Society of Petroleum Engineers (SPE Offshore) Europe in Aberdeen in the UK from September 5 to September 8.
The pipeline monitoring systems market is growing as it is a single system that detects small leaks or damages securely and reliably while simultaneously monitoring for third-party interference and other external pipeline threats to prevent leaks altogether.
There is a great prospect for cooperation between India and the US in the energy sector, the top Indian envoy to Washington has said as he visited the resource-rich Alaska to explore the possibility of importing oil and gas from the state.
Mukesh Ambani-promoted RIL is looking at foraying into power-storage business in a bid to expand its profile in the renewable energy sector. It may also bring on board BP Plc which is already partnering it in oil and gas business.
Once a cornerstone of the economy, Indonesia’s oil and gas sector is in a slump, even as the country’s appetite for energy soars.
ONGC is committed to reduce the import burden of oil and gas by 10 per cent, as exhorted by Prime Minister Narendra Modi, said a senior ONGC official.
Gujarat State Petroleum Corp. Ltd (GSPC) has revived its plan to sell stakes in 20 of its onshore oil and gas blocks, two people aware of the development said.