September 22, 2020 - Page 6 of 6

Fugro secures ONGC integrated survey services contract offshore India

EXPLORATION NEWSBy admin September 22, 2020 Leave a comment

Dutch global geological survey firm Fugro has secured a fourth consecutive contract from India’s state-owned Oil & Natural Gas Corporation (ONGC) to provide integrated survey services. Under the three-year contract, Fugro will provide infield developments on the east and west coasts of India. Work on the latest contract is currently underway.Survey services under the contract…

BP Bombshell: India’s Oil Demand May Peak In 2025

NATIONAL NEWSBy admin September 22, 2020 Leave a comment

The world’s third-largest oil importer, India, will be the biggest source of energy demand growth through 2050 in any scenario about government policies about the energy transition. However, India may not be as key a driver of global oil demand growth as previously thought. This was one of the messages in the BP Energy Outlook…

DBT for power sector may face operational challenges, say experts

NATIONAL NEWSBy admin September 22, 2020 Leave a comment

Mumbai, Sep 16 (PTI) The proposed amendment in the Electricity Act 2003 providing subsidy on power to farmers through direct benefit of transfer may not be practically possible, say experts. In the draft amendment, the power ministry has proposed to initiate direct benefit transfers (DBT) in the power sector by making payment of the subsidy…

Frustrated with non-payment of dues, ONGC exits from Sudan

NATIONAL NEWSBy admin September 22, 2020 Leave a comment

NEW DELHI : India’s Oil and Natural Gas Corp (ONGC) has exited from Sudan oilfields after the African nation refused to pay for oil it lifted from the fields.ONGC Videsh Ltd (OVL), the overseas investment arm of the state-owned firm, as also its Chinese partner CNPC and Malaysia’s Petronas have withdrawn from the block, a…

Diesel just 6% short; Petrol sales back to pre-Covid level in September

NATIONAL NEWSBy admin September 22, 2020 Leave a comment

New Delhi: Petrol sales have fully recovered to pre-Covid level and diesel is down just about 6 per cent in the first half of September from a year earlier, signalling people and industry were eager to get on with their lives despite a record jump in infection rates. In the first fortnight of September, petrol…

Daily Archives: September 22, 2020

Fugro secures ONGC integrated survey services contract offshore India

BP Bombshell: India’s Oil Demand May Peak In 2025

DBT for power sector may face operational challenges, say experts

Frustrated with non-payment of dues, ONGC exits from Sudan

Diesel just 6% short; Petrol sales back to pre-Covid level in September