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Oil Ministry reinstates Shashi Shankar as ONGC Director

NEW DELHI: The Oil Ministry has reinstated Shashi Shankar as Director (Technology and Field Services) of Oil and Natural Gas Corp (ONGC) pending an inquiry into alleged irregularities in an unawarded Rs 23 crore tender…

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MRPL buys first cargo of Brazil’s Ostra oil

The Mangalore Refinery and Petrochemicals (MRPL) has made its first purchase of Brazil’s Ostra crude, two trade sources with knowledge of the deal said on Friday. It bought a 900,000-barrel cargo for loading in the…

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TAPI pipeline worth $10 billion unlikely before 2020

NEW DELHI: India will not receive gas for the next 4-5 years from energy-rich Central Asia through the proposed $ 10 billion TAPI pipeline, says a report. “The TAPI pipeline is unlikely to be commissioned…