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India, US set up joint task force on natural gas

17-04-2018| Source:PTI

India and the US today decided to set up a joint task force on natural gas with a view to promote strategic and economic interest of the two nations.The two sides, during the ministerial level talks

ONGC files arbitration claim against Sudan over unpaid oil dues

17-04-2018| Source:Reuters

The foreign acquisition unit of Oil and Natural Gas Corp's (ONGC) has filed an arbitration claim against the government of Sudan in a London court, a company official said

GAIL to import only half of US LNG into India

12-04-2018| Source:PTI

GAIL has a deal to buy 3.5 million tonne a year of liquefied natural gas (LNG) for 20 years from Cheniere Energy of the US and has also booked capacity for another 2.3 million tonne (MT) at Dominion

India's Petronet LNG aims to partner with ONGC Videsh in Qatar project

11-04-2018| Source:Reuters

India's Petronet LNG Ltd wants to partner with ONGC Videsh Ltd (OVL), the overseas arm of India's biggest explorer Oil and Natural Gas Corp Ltd, to pick up a stake in an upcoming

Gas may play a major role in India-Cyprus bilateral trade

09-04-2018| Source:PTI

"India is a major natural gas importer and here Cyprus may play a role in exporting gas to India," Cyprus High Commissioner to India Demetrios A Theophylactou said here today during

ONGC spuds 1st well on $5 bn KG project

09-04-2018| Source:PTI

State-owned Oil and Natural Gas Corp (ONGC) has kick-started its USD 5.07 billion KG oil and gas project by spudding the first of the 34 wells, targeting first gas by end of 2019.

ONGC may gain Rs 1500 crore in H1 with the natural gas price hike: Moodys

05-04-2018| Source:PTI

The price paid to most of natural gas produced from domestic fields will be USD 3.06 per million British thermal unit (mmBtu) for six months, beginning April 1, from current USD 2.89, according to a

Renegotiated LNG deal with Russia's Gazprom to kick-in from May: Dharmendra Pradhan

04-04-2018| Source:PTI

GAIL had in January renegotiated terms of its 20-year deal to import 2.5 MT a year of liquefied natural gas (LNG) from Gazprom.

Oil Ministry asks regulator to resolve conflict in GAIL

01-04-2018| Source:PTI

The reference to the Petroleum and Natural Gas Regulatory Board (PNGRB) follows a revival of a plan to split GAIL by hiving off gas marketing business into a separate firm, leaving just pipeline

More selling pressure seen in aluminium, copper but crude oil may continue upmove

23-03-2018| Source:Moneycontrol.com

positive sign where only a cross above an its resistance of 4270 will bring more upside until then we might expect some profit taking today.Natural GasSelling pressure remained intact for the second session

Govt to raise gas price to highest level in 2 years

22-03-2018| Source:PTI

Price paid to most of natural gas produced from domestic fields is likely to be hiked to USD 3.06 per million British thermal unit from April 1, from current USD 2.89, sources privy

Gujarat State Petronet to buy 28.4% stake in Gujarat Gas, funding via debt  

20-03-2018| Source:CNBC-TV18

Gujarat State Petronet Ltd, the Natural gas transmission company is slated to buy 28.4% stake in Gujarat Gas from Gujarat State Petroleum Corporation.

MCX plans 3 spot exchanges for base metals, gold and natural gas

19-03-2018| Source:Moneycontrol.com

Tarun SharmaMoneycontrol NewsMulti Commodity Exchange of India (MCX) is planning to set up three separate spot exchanges for gold, base metals and natural gas, a source familiar with the development

Upstream oil companies: Pricing momentum looks supportive, ONGC a better pick at current levels  

14-03-2018| Source:Moneycontrol.com

Given the price uptick for both crude and gas, it should have a positive rub-off on net realizations. ONGC can be bought at current levels, but look for a better entry point for Oil India

ONGC to sell OPaL stake to fund HPCL buy

09-03-2018| Source:PTI

State-owned Oil and Natural Gas Corp may sell stake in its mega petrochemical project in Gujarat to fund acquisition of Hindustan Petroleum Corp Ltd (HPCL), a senior official said.ONGC had borrowed

India's deal on import of LNG from US to be milestone in ties: Consul General of India Anupam Ray

07-03-2018| Source:PTI

State-owned gas utility GAIL India has contracted 3.5 million tonnes per annum of liquefied natural gas (LNG) from Cheniere Energy's Sabine Pass liquefaction facility in Louisiana.

First oil, now gas: India starts importing LNG from US

06-03-2018| Source:PTI

State-owned gas utility GAIL India has contracted 3.5 million tonnes per annum of liquefied natural gas (LNG) from Cheniere Energy's Sabine Pass liquefaction facility in Louisiana.

ONGC Videsh gets Government of Mozambique approval

05-03-2018| Source:Moneycontrol.com

ONGC Videsh, a wholly owned subsidiary of ONGC, the National Oil Company of India, announces that the Government of Mozambique has accorded approval for the Development Plan for Golfinho-Atum natural

OVL, OIL win Mozambique nod for gas field development

05-03-2018| Source:PTI

In a press statement, state-owned Oil India Ltd said the Mozambique government has "accorded approval for the development plan for the Golfinho-Atum natural gas field in the Area-1 block located

Proxy advisory firm questions exemptions in ONGC-HPCL deal

04-03-2018| Source:PTI

Oil and Natural Gas Corp (ONGC) bought the government's 51.11 per cent stake in Hindustan Petroleum Corp Ltd (HPCL) for Rs 36,916 crore.

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