November 2017

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Over 60,000 Oil pumps in India, 45% rise in 6 years

According to the recent study; in last six years the number of petrol pumps in India jumped a whopping 45%, compared to the last estimate. Possibly it is the highest growth rate in the world,…


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ONGC TO ESTABLISH LAB FOR CBM PROJECT

State-owned Oil & Natural Gas Corporation (ONGC) is going to establish a “Technical Laboratory” for the exploration and production of the Coal Bed Methane (CBM) at Balidih in Jharkhand. There will an estimated Rs. 175…






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India’s biggest oil refinery on west coast faces hurdle

For last five days, thousands of farmers from the Ratnagiri district in the state of Maharashtra are agitating on the roads, opposing the joint land measurement exercise by government officials, which may be the beginning…


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Venezuela Could Lose More Oil Production

Petróleos de Venezuela, S.A. (PDVSA); the state-owned oil and natural gas company in Venezuela told its employees that the company is looking for an austerity campaign, which is needed for cut costs in the tune…