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Lok Sabha Passes Oilfield Amendment Bill

The Government has introduced reforms to boost exploration activities.

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Cairn Plans $4 Bn Investment in Upstream Ventures over Next 3-4 Years

Cairn鈥檚 portfolio consists of 62 blocks covering an area of 60,000 square kilometre.

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India Revamps Oilfields Act and Removes Windfall Tax to Boost Exploration

India has implemented reforms to revitalize its upstream sector.

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CNOOC Launches Huizhou 26-6 Oilfield Development Project

The primary outputs are light crude oil and natural gas.

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Govt plans to delink petroleum operations from mining

The central government introduced Oilfields Amendment Bill in the Lok Sabha.

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Government extends deadline for oilfield auctions

Has also approved several modifications to the bid documents

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Oil India sets up green hydrogen plant in Assam

Oil India Limited is setting up a green hydrogen manufacturing plant at its Jorhat oilfield in Assam.

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L&T secures contract for Saudi oil and gas supply base

The oil and gas supply base is said to be one of the largest ones in the world

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BAGGED IT!

The Buildings & Factories Business of L&T Construction has bagged a major design and build order from MHADA. The contract is to re-develop Mumbai脝s century-old BDD Chawls.

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OVLs $1.26 bn stake in Russias field

ONGC Videsh recently acquired a 15 per cent stake in Russia麓s Vankor oilfield for $1.26 bn. The overseas arm of ONGC will get 4 m tonne of oil and equivalent gas for the stake in Vankorneft, the developer of the Vankor oil and gas condensate field.

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