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In the JVPLC, the Assam government-owned AGCL will have 51 percent equity with OIL retaining the remaining 49 percent share

Oil India Limited inks pact with AGCL for piped gas supply in Assam, Tripura

PGurus Newsdesk - April 30, 2023 0

Oil India, Assam Gas Company form JV for piped natural gas distribution An agreement has been signed between the Assam Gas Company Limited (AGCL) and...

From April 1, APM gas will be priced at 10 per cent of the monthly average of Indian crude basket

Centre approves new gas pricing formula to cap prices of piped cooking gas

PGurus Newsdesk - April 7, 2023 1

Govt caps piped cooking gas and CNG fuel prices; changes gas pricing formula Based on the recommendations of the Kirit Parikh committee on natural gas,...

On the second day of his two-day tour of the state, PM Modi in all launched projects worth Rs.15,233 crore in virtual mode from the Andhra University Engineering College grounds

PM Narendra Modi launches infrastructure projects worth Rs.15,233 cr in Andhra Pradesh

PGurus Newsdesk - November 12, 2022 0

PM dedicates ONGC's deep water project and other to the nation Prime Minister Narendra Modi on Saturday dedicated to the nation, the U-field onshore deep...

India’s procurement of discounted Russian crude oil has seen a massive increase in the last few months, despite rising disquiet in many Western capitals

S Jaishankar in Moscow: “It works to India’s advantage” says EAM on buying Russian oil

PGurus Newsdesk - November 8, 2022 0

India-Russia relationship, buying oil from Russia: What EAM S Jaishankar said in Moscow S Jaishankar, on a two-day visit to Russia, said in his opening...

Kovai Car blast: Anti-terror agency to probe Coimbatore car blast case after seeing links of ISIS supporting modules behind the car blast

Tamil Nadu to hand over Coimbatore explosion case probe to NIA

Team PGurus - October 26, 2022 0

Decision to hand over the probe to NIA was taken in a high-level meet chaired by CM M K Stalin Tamil Nadu government on Wednesday...

Union Minister of Petroleum and Natural Gas Hardeep Singh Puri asserted that India will continue to purchase oil from whichever country it has to

Hardeep Puri avers ‘no pressure’ on India over Russian oil; ‘will buy from wherever...

PGurus Newsdesk - October 8, 2022 0

Would wait for the effective cut to assess the impact on India: Hardeep Puri Union Petroleum and Natural Gas Minister Hardeep Singh Puri has said...

The decision came after the fifth fortnightly review of windfall taxes conducted by the Centre

Government reduces tax on domestically-produced crude oil

PGurus Newsdesk - September 17, 2022 0

Oil slips to six-month low The government on Friday cut the windfall tax levied on locally- produced crude oil from Rs.13,300 per tonne to Rs.10,500...

The ratings agency noted that increasing oil prices add to the fiscal burden for the country, but it is a positive for upstream oil companies

Oil price hike positive for upstream sector; losses to prolong for OMCs: ICRA

PGurus Newsdesk - March 24, 2022 0

Natural gas business of PSU upstream companies to turn profitable: ICRA According to the rating agency ICRA, the natural gas business of PSU upstream companies...