New Delhi [India], October 12 (ANI): The Cabinet on Wednesday approved the proposal of the ministry of petroleum & natural gas to give one-time grant of Rs22,000 crore to three state-run oil marketing companies (OMCs) for the losses incurred in domestic LPG business.
New Delhi [India], October 7 (ANI): Amidst volatility in global energy markets, continuing recovery from the COVID-19 pandemic, and increasingly frequent climate-related challenges, US and India reiterated their commitment to accelerating a just and sustainable energy transition at the ministerial dialogue on India-US strategic clean energy.
New Delhi [India], July 26 (ANI): Energy major Oil and Natural Gas Corporation Limited (ONGC) on Tuesday signed a memorandum of understanding (MoU) with Greenko ZeroC Private Limited (Greenko), to jointly pursue opportunities in renewables, green hydrogen, green ammonia and other derivatives of green hydrogen.
New Delhi [India], July 8 (ANI): The Ministry of Petroleum and Natural Gas has launched the 'Open Acreage Licensing Programme Bid Round-VIII', offering 10 blocks for international competitive bidding in order to accelerate the exploration and production of hydrocarbons.
New Delhi [India], June 23 (ANI): ONGC Videsh Limited (OVL), the wholly-owned subsidiary and overseas arm of the government-run Oil and Natural Gas Corporation Ltd (ONGC), has made an oil discovery in Colombia, the Ministry of Petroleum & Natural Gas said on Thursday.
New Delhi [India], June 17 (ANI): Crude oil production in India rose by 4.6 per cent year-on-year to 2550.05 thousand metric tonnes (TMT) in May helped by a sharp jump in the production by Oil and Natural Gas Corporation (ONGC), the government data showed on Friday.
New Delhi [India], June 13 (ANI): The Ministry of Petroleum & Natural Gas on Monday said the Government of India is considering to appeal against the English court order and pursue the execution of $3.85 billion award in a dispute between Reliance Industries Limited and Enron, now BGEPIL (BG Exploration and Production India Limited).
New Delhi [India], May 24 (ANI): India's crude oil production fell by 0.95 per cent year-on-year to 2,469.67 thousand metric tonnes (TMT) in April due to lower output from fields operated by private firms, the government data showed on Tuesday.
New Delhi [India], May 23 (ANI): Oil and Natural Gas Corporation (ONGC) on Monday started trading on the Indian Gas Exchange. With this, ONGC has become the first Exploration and Production (E&P) company in India to trade domestic gas on the Indian Gas Exchange.
New Delhi [India], May 18 (ANI): The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the amendments to the National Policy on Biofuels 2018.