BackEnergy | Oil firms lost Rs460 cr due to strike in January
Energy | Oil firms lost Rs460 cr due to strike in January
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New Delhi: Public sector oil companies lost about Rs460 crore because of the three-day strike by their executives last month, petroleum minister Murli Deora said on Thursday. “A section of officers of the oil PSUs had gone on strike from January 7 to 9," demanding higher wages, he said in a written reply to a question in the the Lok Sabha here. “The estimated total loss as reported by the oil PSUs is Rs459.67 crore," he said.
—PTI
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Energy companies spent $2.2 bn on exploration
New Delhi: The country’s largest oil producer Oil and Natural Gas Corp. Ltd (ONGC), Reliance Industries Ltd (RIL) and other energy companies have spent $2.22 billion (Rs10,978 crore) to explore for oil and gas in the country, the government said. Discoveries have been made in 37 of the 252 onshore wells drilled between 1999 and September 2008, minister of state for oil Dinsha Patel told the Lok Sabha on Thursday.
—Bloomberg
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Areva unit wins order for substation at Anpara
Mumbai: Areva T&D India Ltd, a unit of Areva SA, has won an order for equipment to connect a 1,200MW power project with the northern India grid. The company will supply transformers, circuit breakers and protectors for a 765kV substation in Anpara in Uttar Pradesh, Areva T&D said. This is the second order from Lanco Infratech Ltd, Areva T&D said.
—Bloomberg
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RIL asked to meet gas deficit of fertilizer firms
New Delhi: India has asked Reliance Industries Ltd (RIL) to meet the natural gas shortfall of fertilizer makers, the government said.
RIL, the operator of the Krishna-Godavari gas field off the east coast, has been asked to supply 15.33 million cubic metres of gas a day to the fertilizer makers, minister of state for oil Dinsha Patel told the Lok Sabha on Thursday.
—Bloomberg
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