Indraprastha Gas to buy out partners for expansion
and Maharashtra Natural Gas Ltd. (with state-run GAIL India Ltd. and Bharat Petroleum Corp.), plans to wholly own both the joint ventures, managing director ES Ranganathan has stated. The company expects the acquisitions to boost sales volume
Govt´s Konkan refinery plan faces opposition
The Petroleum Ministrys plan to set up a coastal refinery in the Konkan region of Maharashtra could be jeopardised with activists opposing the project. The same activists have been opposing the Jaitapur nuclear project in the coastal district of Ratnagiri in Maharashtra.
Madhya Pradesh agrees on tax deferment to Bina refinery
In a move aimed at generating more economic activities in the state, the Madhya Pradesh government has decided to offer tax deferment to Bina refinery. The refinery, after facing several hurdles since inception in 1992, came up in Bina town of Sagar district in 2011.
India needs to explore the hydrocarbon space of Africa
Indo-African Chamber is a bilateral chamber which promotes India´s international trade to various African countries. Our main objective is to help Indian companies gauge their scale of preference and requirement to remove obstacles as far as business is concerned.
Indian PSUs to invest another $6 bn in Mozambique: Oil Min
$6 bn in Mozambique: Oil Min Government-owned oil exploration and marketing companies would invest another $6 billion (Rs 38,000 crore) in Mozambique, with the first shipment of liquefied natural gas (LNG) from Rovuma Area-1, located along the coasts of northern Mozambique and southern Tanzania, in the Indian Ocean, being targeted for 2018-2019, Minister of Petroleum and Natural Gas Dharmendra Pradhan said.