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Construction & Infrastructure News

Centre takes initiatives to boost oil & gas production

December 2016

The Minister of State (I/C) for Petroleum & Natural Gas Dharmendra Pradhan has informed the Lok Sabha that the Ministry of Petroleum & Natural Gas ha...

Petroleum, Natural Gas, Dharmendra Pradhan, MoU, CPSE

OVL to provide $318 mn financing guarantee to Venezuela

December 2016

ONGC Videsh Ltd will provide $318 million financing to help raise output at a Venezuelan oilfield after the nation signed a pact to supply 17,000 bar...

ONGC Videsh Ltd, Venezuelan oilfield, Venezuela San Cristobal, Petroleos de Venezuela SA, Narendra K Verma

Strategic Petroleum Reserves created at 3 locations

December 2016

Minister of State (I/C) for Petroleum & Natural Gas Dharmendra Pradhan has informed the Rajya Sabha in a written reply that under the Strategic Petro...

Petroleum, Natural Gas, Dharmendra Pradhan

Shipping ministry to procure LNG vessels

December 2016

The ministry of shipping has signed a memorandum of understanding with the Inland Waterways Authority of India (IWAI) and Petronet LNG Ltd at the Mar...

Ministry of shipping, IWAI, Petronet LNG Ltd, Maritime India Summit, Oil and Natural Gas Corp. Ltd, Indian Oil Corp. Ltd, Bharat Petroleum Corp. Ltd, GAIL India Ltd

SCI vessel to make first Iranian call since 2012

December 2016

A Shipping Corporation of India (SCI) vessel will call at Iran in December after a four-year gap because of sanctions. It will deploy a suezmax for s...

Shipping Corporation of India, Hindustan Petroleum Corp, Bharat Petroleum Corp, Mangalore Refinery, Petrochemicals

Strategic Petroleum Reserves created at 3 locations

November 2016

Minister of State (I/C) for Petroleum & Natural Gas Dharmendra Pradhan has informed the Rajya Sabha in a written reply that under the Strategic Petro...

Petroleum, Natural Gas, Dharmendra Pradhan, Strategic Petroleum Reserve project, Rajya Sabha, Crude oil, Petroleum products

OVL to provide $318 mn financing guarantee to Venezuela

November 2016

ONGC Videsh Ltd will provide $318 million financing to help raise output at a Venezuelan oilfield after the Latin American nation signed a pact to su...

ONGC Videsh Ltd, Venezuelan oilfield, ONGC, PDVSA, Narendra K Verma, San Cristobal project, Petrolera Indovenezolana

Cabinet approves revision of ethanol price

November 2016

The Cabinet Committee on Economic Affairs has approved the mechanism for revision of ethanol price for supply to Public Sector Oil Marketing Companie...

Cabinet Committee, Economic Affairs, Ethanol Blended Petrol, Public Sector Oil Marketing Companies
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