In a major shift from the past, Indian Railways plans to bid out large tenders as high as 1,500km under the engineering, procurement and construction (EPC) model for railway electrification, to achieve its target of full electrification by 2021.
Oil and Natural Gas Corporation Ltd (ONGC) is not yet clear about the valuation of Hindustan Petroleum Corporation Ltd (HPCL), the oil marketing company it expects to acquire by around March next year.
With more than 3 crore liquefied petroleum gas (LPG) connections issued within 18 months since the launch of the Pradhan Mantri Ujjwala Yojana
India’s upstream petroleum regulator Directorate General of Hydrocarbons (DGH) has received 51 Expressions of Interest (EoI) since July for various fields being bid out under the mega Hydrocarbon Exploration Licensing Policy (HELP) auctions.
The Indian Railways has decided to close down all the printing presses it owns and redeploy the staff employed in these units to other departments.
Hundreds and thousands of trucks kept off the roads across the country on Monday beginning a two-day strike to protest against the GST and calling for an end to daily revision of fuel prices.
Foreign ships have begun turning to Sri Lanka and Bangladesh for refueling, prompting the petroleum ministry to seek an exemption from integrated goods and services tax (IGST) on bunker fuel.
Oil and Natural Gas Corp plans to relinquish its coal bed methane (CBM) block in Raniganj, West Bengal, but is on course to produce gas from another CBM block in Bokaro in February, a senior executive said.
Bharat Petroleum Corporation Limited (BPCL), India’s second largest state-owned oil marketer is mulling a merger with GAIL (India), India’s largest gas distributor, and Oil India
State-run gas utility GAIL is betting big on swap deals to keep the cost of liquid gas, imported under contracts signed during times of high global prices, competitive in the Indian market.