Indigenous Push: ONGC, IOC, Other Oil PSUs to Invest INR 1.2 Trillion in Energy Sector
India’s Energy sector to get a major push with ONGC, IOC, other PSUs deciding to invest INR 1.2 trillion for oil and gas exploration, refineries, petrochemicals and laying of pipelines. Feb 16, 2024 India’s energy sector is in for a major boost as some of the largest Public Sector Undertakings (PSUs), including the Oil and […]
India-Myanmar-Bangladesh LNG pipe connectivity to boost India’s Hydrocarbon Vision 2030
Potential pipeline connectivity between the three countries can accelerate India’s Hydrocarbon Vision 2030 for North-east India, as the government plans to make the North-east a hub of oil and gas transit. India is planning Liquefied Natural Gas (LNG) pipeline connectivity with the countries of Myanmar and Bangladesh, in an attempt to ensure energy security as […]
Tata Steel Chooses Energiron DRI Technology to take a Major Step into Green Steel Production
Tata Steel Netherlands has partnered with Energiron Alliance for the design of the future-ready Energiron direct reduction plants in IJmuiden. Tata Steel Europe, with a predominant presence in the UK and the Netherlands, has selected Danieli as the technological partner for the Heracless (Hydrogen-Era-Carbon-Less) project for the Netherlands subsidiary. The project is aimed at transitioning […]
Gas Pipeline Deal Between L&T and Kuwait Oil Company Gets Extension
The gas pipeline project is valued to be about USD 450 million. The period of the agreement between Kuwait Oil Company and Larsen & Toubro would be extended for nearly 240 days, up until 26 December 2022. Kuwait has decided to increase the duration of its agreement with India’s engineering major Larsen & Toubro Ltd. […]
Cairn Oil & Gas’s Mangala Oil Field Celebrates 13th Year-Anniversary
Cairn Oil & Gas, which has three oil fields in Rajasthan (Mangala, Bhagyam, and Aishwariya), is intending to double its production capacities and further increase its contribution to India’s oil & gas sector. Cairn Oil & Gas, India’s largest private sector crude oil producer and a unit of Vedanta Group, has reached a significant milestone […]
MAN Industries Announces Q1 FY23 Results, Income Surges by 23.8 Percent
MAN Industries says that there is a robust book of bids totalling more than INR 17,000 crore in various stages of evaluation for various oil, gas, and water projects in both the domestic and global markets. MAN Industries (India) Ltd., the flagship company of MAN Group and one of the leading large diameter pipe manufacturing […]