Larsen & Toubro (L&T) Hydrocarbon Engineering has announced bagging twin orders from Oil & Natural Gas Corporation for work in the western offshore basin. In a BSE filing, L&T said, “the engineering, procurement, construction, installation and commissioning (EPCIC) contracts awarded are for the development of Heera Panna block and Mumbai […]

The RIL-BP combine has made its maiden bid for an oil and gas exploration block in more than a decade, vying for one of the 32 blocks up for auction in the OALP-II and III bid rounds. Meanwhile, mining major Vedanta has put in as many as 30 bids and […]

State-run ONGC and IOC are planning to invest Rs 93,693 crore in oil and gas exploration, refining and petrochemicals in the 2019-20 fiscal year. Despite the mega investment plans, the state-owned oil firms’ capital expenditure has hit a four-year low, as per the Union Budget for 2019-20 documents. Documents state […]

National Wildlife Board has given clearance to Oil and Natural Gas Corporation (ONGC) Tripura Asset to extract natural gas from Trishna Wildlife Sanctuary in Belonia subdivision of Gomati district. Speaking to reporters, Gautam Kumar Singha Roy, Asset Manager of ONGC Tripura Asset, said, “We have discovered 10-12 gas bearing wells […]

The government has granted environment clearance to HPCL for setting up of a new LPG plant with bottling and storage facilities in East Champaran, Bihar that will entail an investment of Rs 136.4 crore. As per the proposal, the HPCL wants to construct mounded storage vessels with a capacity of […]

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