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Construction & Infrastructure News

KG-D6 | RIL hit by $380 mn additional penalty

September 2016

The government has slapped an additional penalty of $380 million on Reliance Industries and its partners for producing less than targeted natural gas...

Reliance Industries, KG-D6 fields, Natural gas, Government of India, Profit Petroleum

Mangalore caverns ready for more crude oil to hold strategic reserves

September 2016

The government-owned Indian Strategic Petroleum Reserves Ltd (ISPRL) is ready to fill the just-built underground rock-cut caverns near Mangalore with...

Indian Strategic Petroleum Reserves Ltd, Mangalore, Crude oil, Rajan Pillai, SPM, Engineers India Ltd, Geostock of France

Four natural gas processing terminals to come up

September 2016

The Petroleum Ministry will set up four new terminals with a capacity of 50 million tonnes across the country for processing and supply of natural ga...

Petroleum Ministry, Terminals, Dharmendra Pradhan, Gas, Laghu Udhyog Bharti, National Democratic Alliance rule

India tries to recover $600 mn dues from Venezuela

September 2016

India has discussed ways to recover over $600 million of past dues from Venezuela including recouping it from payments for oil it imports from the La...

ONGC Videsh Ltd, San Cristobal oilfield, Petroleos de Venezuela SA, Dharmendra Pradhan, Delcy Rodriguez, Eulogio del Pino, Venezuela

KG-D6 | RIL hit by $380 mn additional penalty

August 2016

The government has slapped an additional penalty of $380 million on Reliance Industries and its partners for producing less than targeted natural gas...

KG-D6 fields, Reliance Industries, Government of India, PSC, Ministry of Petroleum and Natural Gas revises, Petroleum

Strong Leader

August 2016

DK Hota has been recently elevated from Director-Human Resources, to being Chairman & Managing Director, BEML...

DK Hota, BEML, Hindustan Petroleum Corporation Ltd, HPCL, Make in India

CNG firms plan service centres in Kochi

August 2016

Immediately after the state government announced that 1,000 compressed natural gas (CNG) ...

Compressed Natural Gas, CNG, Diesel, Petrol

India-US team finds huge gas hydrate deposits

August 2016

India┬┤s petroleum ministry and the US Geological Survey have discovered large, highly enriched accumulations of natural gas hydrate -an icy form of t...

India Petroleum Ministry, US Geological Survey, Bay of Bengal
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