Advertisement

Latest Articles in Oil and Gas

Private Players, Joint Ventures Post 10.67% Decline In Natural Gas For June

Cumulative natural gas production during the April-June period rose 4.04 per cent to 8,057.72 mmscm year-on-year

Read More

India’s Crude Oil production For June Up 0.60% On Back Of ONGC, OIL

Both the state run companies, Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL), country’s biggest oil producers, posted high production for the month of June

Read More

World Oil Demand Could Peak In 2024 On Higher Vehicle Efficiency

The global electric fleet, for instance, is expected to grow more than 40-fold to 83 million vehicles by 2030, from 2 million in 2016, the researchers said in the note

Read More

India Sets Up Panel To Quicken Government's Stake Sale In HPCL To ONGC

The Indian cabinet last week decided to sell the government's 51.1 percent stake in refiner and fuel retailer HPCL to oil producer ONGC

Read More

India Gives ONGC Go-ahead To Buy Stake In Refiner HPCL

India has approved explorer Oil and Natural Gas Corp's (ONGC) plan to buy its 51.1 percent stake in state-refiner Hindustan Petroleum Corp Ltd (HPCL), a government source said on Wednesday, as New Delhi seeks to create a large integrated oil firm

Read More

Cabinet Clears Stake Sale In HPCL To ONGC, To Fetch Nearly Rs 30000 Crore

While ONGC buying HPCL will help the government meet as much as 40 per cent of its target for raising Rs 72,500 crore in the current fiscal

Read More

BPCL Makes Its First US Oil Purchase, Buys Mars, Poseidon

BPCL is the second Indian refiner to buy US Gulf crude after Prime Minister Narendra Modi's visit to Washington last month

Read More

Security Agencies Raise Concern Over Rs 82000 Crore Essar-Rosneft Deal

The agencies have communicated to the home ministry about their security concerns over the deal, the official, who did not wish to be named, said.

Read More

Oil Ministry Intensifies Monitoring Of ONGC Fields

The Directorate General of Hydrocarbons has issued specific directives to Oil and Natural Gas Corp and Oil India Ltd to submit daily field-wise production report as well as periodic reservoir management reports

Read More

Gulf's Share Of Indian June Oil Imports To 19 Month Low

Middle East imports fell 7.6 per cent in June from the previous month, partly driven by declines from Kuwait, Iraq and Saudi Arabia as the production cuts by the Organization of the Petroleum Exporting Countries (OPEC) made more of a dent in supply.

Read More

Will All OPEC Nations Witness Venezuela Like Crisis By 2030?

The globally dipping demand and soaring supply for oil has made the price of crude oil volatile; this can soon shatter the economy of oil exporting nations

Read More

Petroleum Minister Dharmendra Pradhan Pushes For Affordable Oil

As incomes rise, demand for petrochemicals - raw materials for several lifestyle products - will also increase, an official statement quoted him as saying.

Read More

Fuel Prices In Maharashtra To Come Down

On July 10, the state government received the order of not charging the state surcharge on imports of petroleum products. Hence, its implementation will bring down the price of petrol and diesel.

Read More