‘Assam To Be Petroleum Hub Of South East Asia’

‘Assam To Be Petroleum Hub Of South East Asia’

Union Minister Petroleum & Natural Gas Dharmendra Pradhan on Friday said the Centre is determined to make Assam the petroleum hub for the entire South East Asian region even as the minister asked the Oil India Ltd (OIL) not to use the State only for its commercial ventures.

Coal India A Better Suitor For Gail, Antique Says

Coal India A Better Suitor For Gail, Antique Says

A strong balance sheet coupled with limited investment avenues can make the world’s largest coal producer, Coal India Ltd., a good candidate to acquire the government’s stake in GAIL (India) Ltd., according to brokerage Antique Stock Broking.

‘Exploration Activities Of Oil, ONGC To Be Cleared By DGH’

‘Exploration Activities Of Oil, ONGC To Be Cleared By DGH’

Citing poor performance by autonomous national oil companies (NOC) ONGC and Oil India Ltd, the petroleum ministry has further tightened the screws on them by handing over approval of their exploration and development activities to the upstream technical arm Directorate General of Hydrocarbons (DGH).

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