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ONGC to invest $2 bn in Mumbai offshore to raise oil, gas output.

India's top oil and gas producer ONGC will invest over $2 billion in drilling a record 103 wells on its main gas-bearing asset in the Arabia Sea as it pivots a turnaround... Full Story

India's HPCL to start Barmer oil refinery and petchem complex in January.

India's Hindustan Petroleum Corp (HPCL) plans to start its 9 million tonne-a-year Barmer refinery and petrochemical project in Rajasthan state by January... Full Story

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ONGC to drill for oil & gas in Cauvery ultra deep waters in FY24.

State-run Oil and Natural Gas Corporation (ONGC) will start drilling in the ultra deep waters of the Cauvery basin in... Full Story

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LATEST HEADLINES FROM MIDDLE EAST AND NORTH AFRICA

Work in progress to set up Coal-to-Methanol plants in country: Puri.
Work is in progress to set up Coal-to-Methanol plants in the country using indigenous technology, Union Minister of Petroleum and Natural Gas Hardeep Singh Puri said recently. BHEL... Full Story
Gazprom's gas supply cut hits govt plan for 1,000 LNG stations.
Russian gas company Gazprom's suspension of natural gas supply to state-owned Gail has scuppered the government's plan to set up 1,000 liquefied natural gas (LNG) fuelling stations nationwide, two industry... Full Story
India may split planned mega refinery into several refineries: Reports.
India is considering building several refineries instead of a single mega plant planned with Saudi Aramco and Abu Dhabi National Oil Company (ADNOC), due to challenges in acquiring... Full Story
HOEC gains on resuming oil production at D-1 well.
Hindustan Oil Exploration Company (HOEC) rallied 3.41% to Rs. 143.90 after the company said that it has resumed oil production from D-1 well in its... Full Story
MEIL to build Mongolia's first greenfield oil refinery.
Megha Engineering & Infrastructures Limited (MEIL) will build Mongolia's first oil refinery for the country, the company said recently. MEIL will build EPC-2 (Open Art Units, Utilities... Full Story
Oilfield exploration bidding deadline extended to Dec 30.
The bid submission deadline for the eighth oilfield exploration licensing round has been extended to December 30, as per a notification on the website of the Directorate General of Hydrocarbons. The... Full Story
India's first green hydrogen fueling station likely to be commissioned in Leh by May next year.
India's first green hydrogen fuelling station, being set up at Leh in the Union Territory of Ladakh, is all set to be commissioned before May next year. The first-of-its-kind... Full Story
Board of Chennai Petroleum approves formation of JV for implementing 9 MMTPA refinery project.
The Board of Directors of Chennai Petroleum Corporation (CPCL), at its meeting held on 22 August 2022 considered and approved the proposal for formation of... Full Story