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Latest Articles in Oil and Gas

IndianOil To Start Production Of Biomass-based Ethanol

Indian Oil Corporation (IndianOil) would initiate production of second generation ethanol by utilising crop residues and other biomass as feedstock at village Baoli in Panipat district of Haryana.

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Bharat Petroleum: Swelling Profits

Bharat Petroleum recorded a significant jump in market capitalisation and PAT

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Indian Oil To Double Refinery Capacity By 2030

India's public sector transnational, Indian Oil Corporation, plans to source at least six per cent of its crude oil requirements from its own exploration and production (E&P) ventures

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Legacy Lives On

Once coal-focussed, NTPC is fully-diversified today & still the No. 1 power generation company

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India's Fuel Demand Rose 6.2% In November

Cooking gas or liquefied petroleum gas (LPG) sales increased 6.7 per cent to 2.00 million tonnes, while naphtha sales fell 6.1 per cent to 1.01 million tonnes

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ONGC Buys 15% Stake In Namibia Offshore Block From Tullow

Tullow Namibia had a 25 per cent stake in the block in Namibia's Petroleum Exploration License area (PEL)0030.

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India Asks State Oil Companies To Boost Gas Supply To Petcoke Ban-hit States

India imports about half of its annual consumption of 27 million tonnes of petcoke, Dharmendra Pradhan said in a tweet

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IOCL To Organise Petrochemical Investors Conclave In Odisha

A new polypropylene unit of 700 KTA (kilo tonne per annum) capacity is under construction at Paradip Refinery to support the plastic industry

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Petronet LNG Turns Focus To Poorly Supplied East Coast

Petronet wants at least a 25 per cent stake in the Ennore terminal, Managing Director and CEO Prabhat Singh said

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NTPC For Fee-based Operator Model For Stressed Power Plants

NTPC had decided on taking over stressed assets a few years ago. However, it did not make much headway and the company did not acquire any such power units or plants although several outfits had remained under stress due to financial, power purchase agreement or fuel

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Hindustan Petroleum Second-quarter Profit More Than Doubles, But Misses Estimates

Average gross refining margin, the profit earned on each barrel of crude processed, advanced to $6.75 per barrel for the half year ended Sept. 30, from $5.12 per barrel in the same period last year

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Oil Up On Ongoing Supply Cuts, But Analysts Warn OPEC Must Stay The Course

The bullish market sentiment has been fuelled this year by the Organization of the Petroleum Exporting Countries (OPEC) and other producers, including Russia, to hold back 1.8 million barrels per day (bpd) in oil production to tighten markets

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ONGC Seeking Oil Assets In Other Regions Amid Iran Gas Row

ONGC Videsh is targeting production of 60 million tonnes of oil and gas by 2030 from 12.80 million tonnes in 2016-17

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