India's move to broaden the scope of its exploration policy beyond petroleum and natural gas while lately abolishing a windfall tax on domestically produced crude oil will likely draw in private and foreign entities to the upstream energy sector, according to S&P Global Commodity Insight
Chief Minister Himanta Biswa Sarma on Wednesday met Union Minister for Petroleum and Natural Gas Hardeep Singh Puri at Parliament House and sought Puri's assistance to strengthen and harness the optimum level of Assam's hydrocarbon industry.
Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Tuesday expressed his happiness over the passage of Oilfields (Regulation and Development) Amendment Bill, 2024 in the Rajya Sabha, calling it a "historic step into the future."
The bill was introduced by Union petroleum and natural gas minister Hardeep Singh Puri for consideration and passing. The Bill will regulate the exploration and extraction of natural gas and petroleum. The amended bill expands the definition of mineral oils to include petroleum and natural g
In the world of energy exploration, the clock is ticking. Arun Kumar Singh Chairman of, the Oil and Natural Gas Corporation (ONGC), said on Friday that "If we can't compress exploration time, we will not survive long."
GAIL (India) has signed a 10-year sales and purchase agreement with ADNOC Gas for the delivery of up to 0.52 million metric tonnes per annum (MMTPA) of liquified natural gas (LNG), starting in 2026, it said in a statement on Thursday.
Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Tuesday said that the country could save 91,000 crore rupees on the import bill through biofuel blending and this money could be utilized for the benefit of the agricultural sector.
The Special Judge for CBI cases, Ahmedabad on Monday sentenced Kishanram Hiralal Sonkar, then Manager of Finance and Accounts (F&A) Officer at the Oil and Natural Gas Corporation (ONGC), Ankleshwar Asset to three years rigorous imprisonment with a fine of Rs 25 Lakh in a case related to
Union Minister Hardeep Singh Puri on Monday highlighted that India is moving towards a gas based economy from the crude based economy for its energy requirements.
The region has a deposit of 6 million MMSCMD Natural Gas which can be monetized by the existing producers, said Mediratta, addressing the 'Gas Market Development for North East', where leading energy producers and stakeholders participated in Guwahati.
The Northeast region has tremendous potential in the production of Natural Gas which can save approximately Rs 14,000 crore apart from allowing backward linkage in the local economy with job and trade opportunities in the region, said Rajesh K Mediratta, Managing Director and CEO, Indian Gas