Status report on RIL arbitrations sent to PMO
Status report on RIL arbitrations sent to PMO RIL and its partners have four arbitration cases with the Centre, of which two pertain to the KG-D6 block on cost recovery...
Oil ministry rejects GSPC demand for $8.5/unit gas price
Oil ministry rejects GSPC demand for $8.5/unit gas price The union petroleum ministry has declined the Gujarat State Petroleum Corp.'s (GSPC) demand for a gas price of $8.5 per unit...
PNGRB draws new guidelines for oil and gas pipeline safety
PNGRB draws new guidelines for oil and gas pipeline safety Business Standard reported that Petroleum and Natural Gas Regulatory Board has worked out new guidelines for implementing a safety mechanism...
ONGC, PDVSA to raise $1bn for Venezuela JV
ONGC, PDVSA to raise $1bn for Venezuela JV India’s Oil and Natural Gas Corp (ONGC) and Venezuela’s state oil company PDVSA are seeking around $1bn in credit to stem an...
