Petrowatch

IOC chairman SM Vaidya likely to get rare tenure extension It's rare for a state-run enterprise chief to get an extension beyond the retirement age. In December 2022, the government appointed Arun Singh the chairman of ONGC. Singh had retired as BPCL chief just a few months earlier.

India’s delayed LNG terminals present hurdle to Modi’s gas goal Two floating import terminals missed commissioning targets last year after LNG prices skyrocketed, reducing demand and disrupting import plans, Ayush Agarwal, analyst with S&P Global, said during a media roundtable Thursday. Neither plants are expected to start before 2025, he said.

NSE gets Sebi nod to launch WTI crude oil and natural gas futures contracts The addition of the contracts will also expand the NSE product offering in the energy basket and its overall commodity segment. Earlier, NSE had signed a data licensing agreement with CME Group for the launch of oil and natural gas derivatives on its platform

ONGC to drill for oil & gas in Cauvery ultra deep waters in FY24 Director (Exploration) says they are ‘looking into various financial and administrative regulatory policies and seeing whether it is conducive’