ONGC to reverse oil, gas output decline; sees 18 per cent jump in production in FY25
The government has considered giving away ONGC's biggest oil and gas fields to private and foreign companies in an attempt to boost output but this has faced internal resistance.
Budget 2023| Rs 35,000 crore for net-zero carbon emission target
The finance minister said that the Centre will take forward the vehicle scrapping policy mentioned in Budget 2021-22 by allocating adequate funds to scrap old vehicles of the central government.
50-yr-old Sagar Samrat rig re-opened as mobile offshore production unit
Several MNCs have showb keen interest to invest in the Indian E&P segment, and some are already in talks with ONGC for firming up mutually beneficial partnerships.
Karnataka: CNG power for govt offices in Bengaluru on cards
KCDC chairman S Mahadevaiah said that the KCDC is mulling a 500-tonne capacity CNG unit at Kudlu and another unit of 300 tonnes at Chikkanagamangala.
Auto LPG can play a role in India's fuel mix, energy security
Auto LPG is the third most widely used transport fuel in the world after petrol and diesel.
Natural gas import dependence falls to 46 per cent in FY23
The minister, in a written reply to Lok Sabha, also said the government is taking multiple steps to boost domestic production of natural gas.
Germany turns to Qatar, strikes major gas deal amid energy crisis
Russia's invasion of Ukraine in February increased pressure on the German government to find new sources. And the latest deal will not help the country get through the looming winter.
No exemption to exploratory drilling in coastal regulation zones: Government
Coastal land up to 500 metres from the high-tide line and a stage of 100m along banks of creeks, estuaries, backwater and rivers, subject to tidal fluctuations, is called a CRZ.
Natural gas tariff, authorisation, capacity regulations amended
The petroleum ministry said these amendments will act as stepping stones for implementation of unified tariff regulations which will be effective from April 1, 2023.
ONGC to reverse oil, gas output decline; sees 18% jump in production in FY25
In the current fiscal year (2022-23), crude oil production is slated to rise to 22.823 million tonnes and gas to 22.099 bcm.
ONGC pays Rs 6,452 crore as windfall tax in Q2 as against Rs 14 crore in Q1 FY23
The company said if this levy was not there, ONGC profits would have surpassed its record earnings of July-September 2021.
Core sector output rises 7.9 per cent in September
The output of eight core infrastructure sectors rose 7.9% in September 2022, as compared with 5.4% in the same month last year, according to the government data released on Monday.
EU countries turn to Africa in bid to replace Russian gas
Europe has been scrambling to secure alternative sources as Moscow has reduced natural gas flows to EU countries, triggering soaring energy prices and growing expectations of a recession.
LCNG station opens, piped gas soon in Tamil Nadu
The new station will benefit over 30,000 households and 325 industrial and commercial establishments, said K R Venkatesan, regional head of AG&P Pratham.
Danes: Nord Stream 2 pipeline seems to have stopped leaking
Nordic investigators said the blasts have involved several hundred pounds of explosives.
Govt increases natural gas price by 40 per cent; CNG, PNG prices may go up
The government on Friday raised the price of natural gas by 40%. Natural gas is used to generate electricity or fertiliser and turned into compressed natural gas (CNG).
Gas prices hiked 40 per cent; CNG, PNG to cost more
The government wants to more than double the share of natural gas in the primary energy basket to 15 per cent by 2030 from the current 6.7 per cent.
EU vows retaliation if energy network 'deliberately' disrupted
"Any deliberate disruption of European energy infrastructure is utterly unacceptable and will be met with a robust and united response," Borrell said.
Amid western sanctions, Gazprom Singapore pays 'meagre' penalty for defaulted LNG deliveries to India
Gazprom Marketing and Trading Singapore (GMTS), under a long-term 20-year contract, was to supply 2.5 million tonne of LNG to state-owned GAIL (India) Ltd this year.
EU struggles with how to cut off its reliance on Russian gas
On the eve of an emergency meeting to discuss plans to cut EU gas use 15% over the coming months, envoys on Monday were still brokering a possible compromise to keep all nations in line.
Lok Sabha passes Finance Bill without discussion
189 custodial death cases reported in Gujarat in two years: Govt tells Assembly
Rahul attends Lok Sabha day after guilty verdict in defamation case
SC directs all convicts, undertrials released during pandemic to surrender in 15 days
SC agrees to consider plea of opposition parties on 'misuse' of central probe agencies on April 5