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News
Oil and Gas
Oil and Gas News
PETRONAS TVS Racing Team
25 Apr 2022
TVS partners PETRONAS to form India's first factory racing team: IN PICS
PETRONAS will provide its high-performance engine oil for the team’s road racing, supercross and rally formats of racing.
GST
11 Oct 2017
Oil drilling rigs import exempt from GST to boost local output
Petrol, diesel, jet fuel (ATF), natural gas and crude oil have been kept out of the GST regime, resulting in continuation of cascading effect of tax-on-tax.
Narendra Modi
09 Oct 2017
PM Modi meets top global, Indian oil chiefs, talks investment
The main theme of the meeting, sources said, was to seek investment in exploration and production, processing, transportation and distribution network in oil and gas.
natural gas
04 Apr 2017
Qatar restarts development of world's biggest gas field after 12-year freeze
Qatar has lifted a self-imposed ban on development of the world`s biggest natural gas field.
Vedanta
16 Oct 2015
Vedanta lines up over Rs 20,500 cr for Rajasthan business
Mining conglomerate Vedanta has set aside more than Rs 20,500 crore towards investment in oil and gas and zinc business in Rajasthan over the next three years.
Barauni refinery
18 Jan 2015
Barauni refinery capacity to be raised to 9 MMTPA: Pradhan
The current capacity of the refinery is 6 Million Metric Tonnes Per Annum.
Oil and Gas
13 Dec 2014
ONGC to pay 100% dividend
Oil and gas major ONGC Saturday approved an interim dividend of 100 percent after its board meeting.
Cairn
27 Jul 2014
Cairn seeks ONGC nod to extend Rajasthan block permit beyond 2020
Sources said as a licensee, ONGC has concerns on royalty which it would be like to be addressed at the time of extension.
Fitch Ratings
18 Jul 2014
Fitch says no major new measures for oil&gas sector in Budget
Fitch Ratings on Friday said the Budget did not introduce any major new measures for the oil and gas sector and would be neutral for its rated oil and gas entities.
UAE
01 Jul 2014
Gulf countries' large dependence on oil&gas a credit risk: S&P
The UAE economy appears the most diversified in the GCC, with oil and gas contributing only 31 percent of its total exports.
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