PTI reported that Larsen & Toubro Hydrocarbon has secured an offshore contract valued at INR 781 crore from Oil and Natural Gas Corporation. A company statement said that the contract, won against international competitive bidding, ...
Tags: Hydrocarbon, offshore contract, ONGC, EPCI
Business Line reported that with domestic natural gas output declining for the 24th straight month in November,gas sourcing and transmission companies are left with little option but to import. The country's natural gas output fell ...
Tags: India, Gas Output, PPAC, Reliance Industries, Dip and Oil Output, GAIL
Business Line reported that disinvestment of government’s shares in Steel Authority of India Ltd may take place in February. However, there is still no clarity on sell off of another steel company, Rashtriya Ispat Nigam Ltd. A ...
Tags: Business Line, Steel Authority of India, steel market, steel industry
Company BP operator of the Azeri Chirag Guneshli offshore fields' block has completed the construction of the bearing unit of the platform within the Chirag oil project. This is the heaviest block in the Caspian Sea, which was loaded onto ...
Tags: bearing, oil project, block, Chirag oil project
PTI reported that blue chip Central Public Sector Enterprises like Coal India, Indian Oil Corporation, ONGC and SAIL have not fully utilized their funds allocated for undertaking corporate social responsibility projects in 2011-12. Mr ...
Closed urea manufacturing units of Hindustan Fertilizer Corporation Limited and Fertilizer Corporation of India Limited en-route of the gas pipeline are likely to need gas only during the year 2016-17. Ministry of Petroleum & Natural ...
Tags: manufacturing units, gas pipeline, pipeline completion schedule
PTI reported that Reliance Industries has denied allegation that it is hoarding gas by keeping KG-D6 output low saying it was technically impossible to store gas in the KG basin fields and sought appointment of independent international ...
Tags: Hoarding Gas, Reliance Industries, Oil and gas reservoirs
Economic Times reported that ONGC will invest a staggering 27,800 crore or USD 5 billion for an 8.4% stake in an oilfield in Kazakhstan to give a big boost to India's energy security by partnering global majors in developing the world's ...
Tags: ONGC, energy security, oilfield, outbound investments
India's ONGC Mangalore Petrochemicals Limited has issued tenders to sell paraxylene and benzene from its new aromatics plant, the company said Tuesday. The plant, which is under under construction at Mangalore and scheduled to come online ...
Tags: ONGC Mangalore Petrochemicals Limited, paraxylene, benzene
Oil and Natural Gas Corporation (ONGC) and GAIL (India) are much interested in acquiring a stake in the Kochi petrochemical project. The Rs. 50 billion project is being jointly implemented by Bharat Petroleum Corporation Limited (BPCL) ...
Tags: petrochem project, Petrotech Conference, petrochemical complex, refinery
BS reported that investors in the Hindustan Copper auction issue are already staring at a loss. The price fell below the government set auction floor price of INR 155 on 27th 2012. The issue had been subscribed largely by public sector ...
Tags: Hindustan Copper, LIC, INR 153
Larsen & Toubro has signed a share sale and purchase agreement with Toshiba Machine Company Ltd, Japan, to sell its entire stake in L&T Plastics Machinery Ltd (L&TPM). The move is pending final closing conditions. L&T did not disclose the ...
Tags: market view, plastics machinery