May 14, 2021 11:23 AM IST
At least 32 contract areas will be on offer under DSF-III. This includes 22 offshore and 10 onshore fields, which may have reserves to the tune of around 250 million metric tonnes of oil equivalent
- May 03, 2021 12:01 PM IST
Sources say the company continues to produce 50,000 barrels per day from the platform. Of the affected, 28 are ONGC employees. The rest are contract workers. Only two out of the six rigs in Mumbai high are currently operational.
- Apr 13, 2021 01:00 PM IST
For this purpose Accenture will use data, artificial intelligence (AI) and cloud technologies to build, design and implement a digital platform IRIS.
- Apr 10, 2021 09:35 AM IST
The fall of Palma last week is a warning that while the so-called caliphate has fallen in Iraq and Syria, the ideas that drove it have metastasized and grown teeth.
- Feb 04, 2021 07:29 PM IST
In an interview with Moneycontrol, Ministry of Petroleum and Natural Gas secretary Tarun Kapoor said the government is further easing out norms for getting an LPG connection.
- Jan 21, 2021 12:14 PM IST
The Narendra Modi government is expected to push the US to back the India-led International Solar Alliance.
- Dec 09, 2020 09:50 AM IST
Lower LNG prices impacted HOEC's realisations, development of new blocks a key trigger for growth
- Apr 15, 2020 02:55 PM IST
"The bid submission date for India OALP Bid Round-V, offering 11 blocks for exploration and development, is extended to June 10, 2020," the Directorate General of Hydrocarbons (DGH) said in a tweet.
- Nov 14, 2019 07:45 AM IST
China's Sinopec continued to lead the world’s biggest oil and gas companies in 2018 while U.S. oil and gas company Exxon Mobil ranked sixth.
- Aug 02, 2019 05:18 PM IST
The company might have failed as a fund manager to protect its investors from expected risks of heavily investing in coal.
- Jun 26, 2018 05:05 PM IST
The ministry simplified the process of companies to pay for unfinished committed exploration and drilling work and enter into next phase of production and development quickly.
- Jan 11, 2018 04:50 PM IST
Various committees have suggested creation of an independent, statutory regulator for the upstream oil sector.
- Nov 14, 2017 03:59 PM IST
CLSA is bullish on the domestic gas production and consumption space. Speaking to CNBC-TV18's Nimesh Shah, CLSA's Oil and Gas Analyst Vikash Jain says he has some valuation linked worries with oil marketing companies (OMCs).
- Jul 13, 2017 10:41 AM IST
Oil marketing majors gained in trade yesterday following the Oil Minister, Dharmendra Pradhan's assurance that the Oil and Natural Gas Corporation-Hindustan Petroleum Corporation Ltd (ONGC-HPCL) merger, to create a mega oil public sector undertaking (PSU), will be completed in FY18. In an interview to CNBC-TV18, RS Sharma, Former Chairman of ONGC and Vidyadhar Ginde, Oil & Gas analyst at ICICI Securities shared their views about the same.
- Mar 30, 2017 09:53 PM IST
With India's auto industry expected to see structural growth for many years, there are many allied industries which are expected to ride the wave, dominated by the oil marketing companies and a few private players. The Indian lubricant industry which is already one of the biggest in the world, is now getting more attention from global oil and gas majors, reports CNBC-TV18's Yash Jain and Areeb Sherwani.
- Mar 22, 2017 01:18 PM IST
- Mar 10, 2017 05:13 PM IST
All eyes are on the state election results which are due tomorrow and whether Bharatiya Janata Party, which is also the ruling party, will secure its win in Uttar Pradesh. However, market experts believe that such events are digested in 4-5 days and the focus is back on global news and earnings.
- Mar 07, 2017 10:37 AM IST
The recent rally has led to a run-up in valuations, and Mahesh Patil, Co-Chief Investment Officer at Birla Sun Life AMC told CNBC-TV18 he would prefer to not chase the market, but look to buy at better price points.
- Feb 05, 2017 11:58 AM IST
With international oil and gas and commodity prices witnessing a decline, engineering firm KEC International is expecting its overseas business to pick and is eyeing nearly 45 per cent of its revenues from this, in fiscal 2017-18.
- Jan 30, 2017 06:07 PM IST
Although policy changes may be kept to a minimum in Finance Minister Arun Jaitley's Budget speech for the oil and gas sector, changes in the cess rates for oil production may prove to be a positive for the sector, suggest reports.
- Jan 19, 2017 06:13 PM IST
Countries complying with the Opec and Non-Opec countries' agreement is also going to decide crude prices. He says most countries have cut output by around 2.5-4 percent, but only time will tell if they continue to do so over a long period of time.
- Jan 02, 2017 10:08 PM IST
Iran has named 29 companies from more than a dozen countries as being allowed to bid for oil and gas projects using the new, less restrictive Iran Petroleum Contract (IPC) model, the oil ministry news website SHANA reported on Monday
- Dec 27, 2016 03:52 PM IST
On a long-term horizon, Krishnan says he is bullish on the auto, cement, oil and gas segments. He is especially positive on oil and gas as these sectors remain to be untouched by the demonetisation.
- Dec 23, 2016 04:48 PM IST
With Modi‘s 50-day grace period running out fast, It‘s worth a quick trawl of the various sectors to figure out which have been hit the worst.
- Dec 08, 2016 05:34 PM IST
The global oil and gas industry will continue to be plagued by the weight of high debt levels next year despite the Opec offer to lower production from January, which has helped the industry rebound modestly from its 2016 trough, says a report.