Petroleum and Natural Gas

News: Shell, an Anglo–Dutch multinational oil and gas company is setting up its largest offshore delivery centre globally in Bengaluru. This unit will lead to generation of more than 5,000 jobs in the city. The company has decided to move its IT set-up in Malaysia, US and UK to Bengaluru. Shell has signed ...

News: Dharmendra Pradhan, has pushed for a reduction in liquefied natural gas (LNG) prices by Qatar, to be in sync with the decline in global rates over the past one year. India buys 7.5 million tonnes a year of LNG on a long-term 25-year contract. Qatar sells LNG at a ...

India has enjoyed observer status at the Shanghai Cooperation Organisation since 2005, and now has joined the organisation as a member. It believes membership of SCO will help expand its footprint in hydrocarbon-rich Central Asia, Russia and Eurasia. The formal announcement on India’s membership could come at the next SCO summit ...

News The Minister of State (I/C) for Petroleum & Natural Gas Shri Dharmendra Pradhan informed the Rajya Sabha in a written reply today that GAIL is not laying any pipeline from Kakinada to Vijaywada. However, GAIL is executing Lingala-Kaikaluru pipeline which would interconnect the Lingala-Kaikaluru isolated gas field grid with ...

News The process of preparing a master plan to scale up LPG (gas supplied in cylinders to households and commercial establishments) coverage in the next three years  has been initiated by the centre. The proposed master plan will revolve around a marketing strategy with options of providing cylinders of different ...

News The government will soon auction 69 small and marginal oil fields of state-owned ONGC and Oil India to private firms as a precursor to a full fledged licensing round. The Oil Ministry has floated a note for Cabinet Committee on Economic Affairs (CCEA) for auctioning of the fields that ...

News India will double its investment in the Mozambique’s Rovuma gas field by spending another $6 billion by 2019, said oil minister Dharmendra Pradhan who has  returned from a visit to the African nation. State-run firms ONGC Videsh, Oil India and Bharat Petroleum have already invested that much in the ...