The “Indian Petroleum & Natural Gas Statistics” presents updated comprehensive statistics on various aspects of Indian Petroleum & Natural Gas sector. The data on international developments in respect
Andrew England & Carola Hoyos Saudi Arabia says it will increase production by around 200,000 barrels per day in July. Saudi Arabia's decision to pump more oil than it has in nearly 30 years risks being completely negated by the sharp drop in output caused by attacks on production facilities in Nigeria. Nigeria now pumps less than 1.5 million barrels a day, rather than the 2.5 million b/d it has the ability to produce, the lowest level in 25 years, according to officials attending Sunday's high-level meeting in Jeddah.
The Ministry of Petroleum & Natural Gas is entrusted with the responsibility of exploration and production of oil and natural gas, their refining, distribution and marketing,import, export, and conservation of petroleum products and Liquified Natural Gas.
the Bangladesh government is mulling over not giving out new gas connections as a measure to check the depleting supply in the country. The measure comes at a time when the demand of gas is increasing everyday in the country.
Click here to Enlarge View The rapid disappearance of the Arctic sea ice in recent years and a record melt in 2007 due to global warming has led to a mad rush among countries bordering the region to claim petroleum deposits beneath the ocean floor At stake is About 22 per cent of the world
FIRST OF ITS KIND: A.K.Hazarika, Director (Onshore), ONGC (second from left),taking a look at the VAP project at the Kuthalam plant of ONGC in Nagapattinam on Wednesday.
At least four more blocks in Assam-Arakan basin including two each in Assam and Manipur have been thrown open for bidding under the NELP- VIII. At least one block of Coal Bed Methane
Pakistan has urged Iraqi oil and gas exploration companies to enter into joint ventures with Pakistan Petroleum Limited (PPL) and the Oil and Gas Development Company Limited (OGDCL) to explore oil and gas reserves in this country.
In partnership with Japan, South Korea and Singapore, India must explore options for joint storage of oil reserves and setting up a financial reserve for borrowing and lending to tide over the volatility of oil prices, according to HS Puri, secretary (ER) in the Ministry of External Affairs (MEA).
The government is likely to allocate Tk 1,018 crore for Energy and Mineral Resources Ministry for exploration of gas and oil fields and development of existing gas distribution pipeline to provide better services to clients. It will be a component of the annual development programme (ADP) for next fiscal. The allocation will be Tk 228.97 crore higher than that of the ongoing ADP budget.
Pakistan and China are set to sign memorandum of understanding (MoU) to enter into joint venture for oil and gas exploration. The MoU will be signed by Advisor to Prime Minister on Petroleum and Natural Resources Dr Asim Hussain, who left here for China on Friday.
