Good Food is First Food. It is not junk food. It is the food that connects nature and nutrition with livelihoods. This food is good for our health; it comes from the rich biodiversity of our regions; it provides employment to people. Most importantly, cooking and eating give us pleasure. …
GUWAHATI, Nov 9 – Oil India Pipeline has completed its 50 years of dedicated service to the nation. To mark the occasion, a technical seminar was organized at NEDFi House today, a press release received here said. While inaugurating the seminar, S Rath, Director (Operation) Oil India Limited, lauded the …
Gujarat State Petroleum Corp (GSPC) going solo in acquisition of British energy major BG Group's stake in Gujarat Gas Co Ltd (GGCL) was a result of Oil Ministry blocking its PSUs from joining the Gujarat government firm. Originally, a consortia of GSPC, Oil and Natural Gas Corp (ONGC) and Bharat …
The deal entitles the two to a 30% share in daily production of 1,850 barrels of oil equivalent Government-owned Oil India Limited (OIL) and Indian Oil Corporation (IOC) have together acquired 30 per cent stake in a producing US shale asset at an investment of $82.5 million (Rs 427 crore). …
DIBRUGARH, Sept 27 – Many tea gardens in Dibrugarh and Tinsukia districts are reeling under a severe shortage of piped natural gas, and garden managers are finding it difficult to overcome the crisis. The worst-affected tea gardens include Lepetkata. Borborooah, Jamirah (all in the vicinity of DibruwArh) and those in …
INDIA-: ONGC, IOC, Oil India bid for Conoco Canada oil assets A trio of state-controlled oil companies on Monday said it has bid $5 billion for stakes in Canadian oil sands assets owned by ConocoPhillips , in what could be the next major test of Canada's appetite for foreign investment …
Kuala Lumpur Oil and Natural Gas Corp (ONGC), India’s biggest government-owned energy explorer, is considering bidding for part of ConocoPhillips Canadian oil sands holdings worth around $5 billion, a source with direct knowledge of the situation told Reuters on Tuesday. The Houston-based company has been looking to sell assets in …
DIBRUGARH, Sept 14 – The small tea growers are likely to suffer this year around again with bought leaf tea factory owners signalling for shutdown of factories due to erratic Administered Price Mechanism (APM) natural gas supply to its factories by Assam Gas Company Limited since July. “ Gas supply …
Chief Justice Bhaskhar Bhattacharya and Justice J B Pardiwala while issuing notice also asked the Union government why contempt proceedings should not be initiated against them for not complying to High Court order Gujarat High Court has issued contempt notice to the Union government for its alleged non-compliance of its …
New Delhi Rising global crude oil prices over the last four years have inflated India’s subsidy bill, but the burden on the exchequer could have been higher hadn't the fiscally-conscious government reduced its share of the onus, at the cost of upstream oil companies. According to official data, between 2008-09 …
Ahir alleges 2 ‘Coal To Liquid’ project allocated in 2009 without panel nod BJP has punched holes in the government’s claim that all allocations of coal blocks were cleared by the steering committee. It said allotments were made to two private companies for Coal To Liquid (CTL) project in 2009 …
New Delhi The Cabinet Committee on Economic Affairs (CCEA) is likely to consider awarding of eight more oil and gas blocks that were offered in the ninth round of bidding under New Exploration Licensing Policy (NELP), on Tuesday. The government had offered 34 areas for exploration and production of oil …
Jaisalmer: Public sector company Oil India Ltd (OIL) has for the first time found oil reserves at Poonam Singh ki Dhani in Nachna area of Jaisalmer 1,230 metre below the ground. According to sources, digging of oil well is going on at the allotted block RJON 2004/2 NILP/16 in Nachna …
In a significant decision, the Prime Minister’s Office (PMO) has directed the Petroleum and Natural Gas Ministry to carry out a revamp of the Directorate-General of Hydrocarbons (DGH) within three months with focus on strengthening its technical, legal and financial aspects to make it a world class body for better …
Mumbai The consortium comprising Gujarat State Petroleum Corporation (GSPC), Oil and Natural Gas Corporation (ONGC), Bharat Petroleum (BPCL) and Oil India (OIL) is likely to sweeten its bid for British Gas’ (BG) 65.12% stake in the Rs. 2,500-crore Gujarat Gas Company, ending months of impasse over the valuation of India’s …
India's state-run upstream oil firms will bear nearly 40 percent of the 1.38 trillion rupee ($25 billion) cost of retail fuel subsidies for the 2011/12 year, a government source said on Monday. Oil and Natural Gas Corp (ONGC), Oil India Ltd and GAIL (India) sell refined products and crude oil …
State-owned ONGC cornered six blocks - four as operator and two as minority partner - out of the 16 areas that the government awarded for oil and gas exploration, but saw its bids rejected for eight areas, including five deep-sea blocks. Contracts for 16 out of the 33 oil and …
Gamesa Wind Turbines has bagged an order for a 5.95 MW project from the New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP). Gamesa Wind is the Indian subsidiary of global wind power major Gamesa. The project is being executed at Rekalakunta of Anantapur district in Andhra Pradesh and …
Empowered Committee of Secretaries clears 14 blocks to the first ranked/single bidder A total of ten blocks offered under the New Exploration Licensing Policy (NELP) IX face the axe as the Empowered Committee of Secretaries (ECS) has recommended not to award them due to lower profit petroleum to the government. …
With the Finance Ministry still to come out with a final formula on sharing the fuel subsidy burden, the government has asked upstream oil companies Oil and Natural Gas Corporation (ONGC), Oil India Limited (OIL) and GAIL India to give about Rs. 36,900 crore in fuel subsidy during April to …
GUWAHATI, Dec 16 – State Power Minister Pradyut Bordoloi today said that there has been a 24 per cent increase in the demand for power in the State from a time when per capita consumption was one of the lowest in the country and that Assam has initiated several initiatives …