 | Govt for LPG subsidy cut, partial decontrol of diesel |
Bangalore: The government is close to taking a decision on capping the number of subsidised LPG cylinders to "economically not weaker" sections t... |
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| U.S. oil activity up, gas down, API says |
WASHINGTON, The number of completed oil wells in the United States rose 13 percent compared with last year though natural gas wells declined, a t... |
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| Iran examines shale oil, gas deposits |
TEHRAN, An Iranian oil executive said oil was discovered in shale deposits in western Iran but the find wasn't currently economical to develop. I... |
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| Petroleum Ministry warns RIL and BP |
Chairman and managing director of Reliance Industries, Mukesh Ambani, recieves warning from petroleum ministry. Comply with CAG directions or fac... |
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| Clear land route for oil trade: India to Pak |
India today asked Pakistan to allow shipment of petrol and diesel through the land route and proposed building a dedicated pipelines to Lahore fo... |
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| OVL looks at Russia again, revives Yamal LNG plans |
After almost a year's lull, ONGC Videsh Limited (OVL), the overseas arm of the state-owned Oil and Natural Gas Corporation, will team up with Pet... |
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| Oil firms offer to study Indo-Pak pipeline feasibility |
Hindustan Petroleum Corporation/HPCL-Mittal joint venture and Indian Oil Corporation have offered to examine the feasibility of laying petroleum ... |
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| ERC's nod for recovery of fuel surcharge may dent AP pocket |
Andhra Pradesh may soon have to mop up Rs 8,000 crore in fuel surcharge dues and the state government is scrambling to put together a contingency... |
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| A revenue-sharing arrangement will solve problems in the oil and gas sector |
It is a good idea for the government to dump the cost recovery model in oil and gas contracts and move to a straightforward share of actual outpu... |
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| Thai company eyes Myanmar oil, gas |
BANGKOK, An oil and natural gas company in Thailand said it was interested in setting up an oil refinery and associated business in Myanmar. Thai... |
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| PetroChina, African Petroleum may sign deal for Africa blocks |
BEIJING: PetroChina , Asia's largest oil and gas producer, said it had signed a memorandum of understanding with African Petroleum Corp for a str... |
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| Tullow finds more oil, condensate with latest offshore Ghana well |
The UK's Tullow Oil has discovered oil and gas condensate with its Wawa-1 exploration well in the Deepwater Tano block offshore Ghana, Tullow and... |
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| Shell eyes China shale gas exploration |
Global energy giant Royal Dutch Shell Plc is eager to participate in China's unconventional gas exploitation projects, especially shale gas, Lim ... |
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| Pakistan, Iran form joint team to cover all aspects of pipeline deal |
Iran has invited Pakistani investors to invest in the energy and petroleum sector in Iran. Pakistan and Iran showed a deeper commitment to gettin... |
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| Nigerian president sends oil law to parliament |
Nigerian President Goodluck Jonathan sent the latest draft of the country's wide-ranging Petroleum Industry Bill (PIB) to parliament for debate o... |
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| BPH Migas Says Indonesia Needs More Oil Refineries |
Indonesia's downstream oil and gas regulator BPH Migas says the country needs at least three oil refineries in order to bolster the nation's fuel... |
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| India-Pakistan to examine using railway infrastructure |
Giving a thrust to development of enhanced trade between the two nations, India and Pakistan decided to explore the possibility of opening a new ... |
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