ONGC Videsh Ltd (OVL) and its Indian as well as foreign partners have agreed to invest USD 20 billion in constructing a gas liquefaction and export terminal in Mozambique to monetise vast offshore natural gas reserves they had found.
Daimler India Commercial Vehicles, a subsidiary of German commercial vehicle-maker Daimler, Wednesday said it has launched a co-branded fleet card in association with oil marketing major Hindustan Petroleum Corporation Ltd to offer its services for its entire range of trucks.
Cutting down household fuels can reduce air pollution, save 2.7 lakh lives in India every year, says study
A new study by the University of California, Berkeley and IIT Delhi has estimated that a major dent in air pollution can be made by curbing emissions from household fuels such as wood, dung, coal and kerosene.
The state government will provide LPG connections to all ration card holders who have not been able to avail clean and smoke-free cooking fuel under schemes like the Pradhan Mantri Ujjwala Yojana. Under PMUY
Oil India’s Rovuma Offshore Area 1 consortium (Area-1) has taken a Final Investment Decision (FID) for the two train Golfinho/Atum Mozambique LNG Project. Mozambique LNG Project will be the first onshore LNG
Oil prices climbed on Wednesday, extending sharp gains from the previous session on rekindled hopes for a U.S.-China trade deal and on continued tensions in the Middle East after tanker attacks there last week.
State-run oil companies chose to keep the retail prices of petrol and diesel static across major cities of the country for the third successive day on Wednesday (June 19). In national capital Delhi, petrol is being sold for Rs 69.93 per litre while diesel costs Rs 63.84 a litre, no change compared with yesterday’s price.
Expired kits of compressed natural gas (CNG) and liquefied petroleum gas (LPG) installed in vehicles plying across the city are ticking time bombs. After filing representations to State Human Rights Commissio
Oil held gains after an industry report showed U.S. crude stockpiles declined in the past week, while OPEC and its allies appeared closer to agreeing a date for a meeting to discuss extending production cuts.
A huge first stage reactor weighing 1,646 tonnes was successfully erected at HPCL’s facility in the city on Tuesday, marking a milestone in the public sector undertaking’s modernisation drive.