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Articles for Oil and Gas

BPCL Q2 Results: Net Profit Drops 72% To Rs 2,397 Cr

The company has reported revenue from operations of Rs 1,17,951.69 crore for the quarter Jul- Sep 2024 whereas Rs 1,16,594.25 crore in the corresponding comparative quarter

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Inorganic Expansion On Agenda Of Energy CEOs To Drive Growth: KPMG Report

The report states that the sector is ripe for deals and consolidations, marking the end of softening in the deals market

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"No Shortage Of Oil In World And Prices Should Hopefully Come Down", Says Hardeep Singh Puri

The Union Minister cited global factors such as the war in the Middle East and voluntary cuts in oil production which are influencing the oil prices in the global market

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Oil Prices Slip Amid Recession Concerns, Easing Geopolitical Tensions

Crisil Ratings says that recession fears and slack demand cull crude amid lower geopolitical tensions

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India On Track To Achieve 20% Ethanol Blending By 2025: Hardeep Singh Puri

Puri said that the government has saved Rs 91,000 crore on fossil fuel imports because of ethanol blending

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Adani Total Gas Secures $375 Mn Financing From Global Lenders

The maiden financing of USD 375 million executed with international lenders includes an initial commitment of USD 315 million

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India’s Oil Demand To Reach 7.1 Mn b/d By 2035

Similarly, liquefied petroleum gas demand is expected to grow 41 per cent until 2035, from 0.9 million b/d in 2023, supported by a continuous push for cleaner cooking fuel

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Declining Shipments Of Petroleum Products Hurting India's Overall Export Figures

India's petroleum exports have plummeted by a staggering 37.56 per cent, dropping from USD 9.54 billion in August 2023 to just USD 5.95 billion in August 2024

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