Oil and Gas

TVS Motor Company partners PETRONAS to form India's first factory racing team: IN PICS

PETRONAS will provide its high-performance engine oil for the team’s road racing, supercross and rally formats of racing.

 

Apr 25, 2022, 16:32 PM IST

Oil drilling rigs import exempt from GST to boost local output

Petrol, diesel, jet fuel (ATF), natural gas and crude oil have been kept out of the GST regime, resulting in continuation of cascading effect of tax-on-tax.

Oct 11, 2017, 15:45 PM IST

PM Modi meets top global, Indian oil chiefs, talks investment

The main theme of the meeting, sources said, was to seek investment in exploration and production, processing, transportation and distribution network in oil and gas.

Oct 09, 2017, 15:04 PM IST

Qatar restarts development of world's biggest gas field after 12-year freeze

Qatar has lifted a self-imposed ban on development of the world`s biggest natural gas field.

Apr 04, 2017, 15:04 PM IST

Vedanta lines up over Rs 20,500 cr for Rajasthan business

Mining conglomerate Vedanta has set aside more than Rs 20,500 crore towards investment in oil and gas and zinc business in Rajasthan over the next three years.

Oct 16, 2015, 17:02 PM IST

Barauni refinery capacity to be raised to 9 MMTPA: Pradhan

The current capacity of the refinery is 6 Million Metric Tonnes Per Annum.

Jan 18, 2015, 18:14 PM IST

ONGC to pay 100% dividend

Oil and gas major ONGC Saturday approved an interim dividend of 100 percent after its board meeting.

Dec 13, 2014, 21:04 PM IST

Cairn seeks ONGC nod to extend Rajasthan block permit beyond 2020

Sources said as a licensee, ONGC has concerns on royalty which it would be like to be addressed at the time of extension.

Jul 27, 2014, 16:26 PM IST

Fitch says no major new measures for oil&gas sector in Budget

Fitch Ratings on Friday said the Budget did not introduce any major new measures for the oil and gas sector and would be neutral for its rated oil and gas entities.

Jul 18, 2014, 20:33 PM IST

Gulf countries' large dependence on oil&gas a credit risk: S&P

The UAE economy appears the most diversified in the GCC, with oil and gas contributing only 31 percent of its total exports.

Jul 01, 2014, 13:01 PM IST