Orissa-based Vedanta Alumina Limited (VAL) is set to export bauxite powder overseas from the Deep Water Port with the setting up of three silos here.
Kakinada Sea Port Limited (KSPL), in association with Chettinad Port Limited, had constructed these silos at an investment of Rs 80 crore, which have a capacity of 67,500 tonnes. Around 20,000 [...]

India’s top energy firms are set to win the most blocks in the country’s gas-rich offshore exploration areas when the results of the latest asset auction are announced this week, a senior official said on Tuesday.
Leading state-run energy exploration company Oil and Natural Gas Corp. (ONGC) will be awarded 25 blocks in the country’s largest [...]

Oil & Natural Gas Corp (ONGC) has entered into an agreement with Gujarat State Petroleum Corporation Ltd (GSPCL) for the sale of natural gas from its Olpad field in Ankleshwar.
The agreement, which was recently signed, is valid for three years. It can be renewed for another two years.
Speaking to DNA Money, NK Mitra, director (offshore), [...]

The constraints in gas procurement has forced state-run NTPC Ltd to try its luck by bidding for offshore blocks being offered by Australia.
Australia has put on offer 36 such blocks in the Commonwealth waters. It will assess all bids using a work programme bidding system and award exploration permits for an initial term of six [...]

Reliance-ADA Group chairman Anil Ambani today met Petroleum Secretary M S Srinivasan in the backdrop of the government rejecting Reliance Industries’ proposal to sell natural gas to his group firm RNRL at a price agreed mutually, instead of the bidding route.
Besides raising the contentious issue of sourcing gas from RIL’s K-G basin field, Ambani is [...]