BW Communities

Articles for Oil and Gas

Court Convicts JIPL, Its Two Directors In A Coal Scam Case

This is the first coal block allocation scam case in which the special court, which was set up to exclusively deal with all the coal scam matters, has delivered its judgement

Read More
Adani Group Offers 49% Stake In Dhamra LNG Project To IOC, GAIL

Adani Group has offered 49 per cent stake in its Rs 5,000-crore Dhamra LNG project in Odisha to state-run gas utility GAIL India and refiner Indian Oil Corporation

Read More
ONGC’s $1.3 Billion Vankor Stake Purchase Gets Russia Nod

Experts are of the view that the deals will help India secure access to Russia's oil output, while Rosneft will gain access to the Indian market

Read More
MRPL To Shut Crude, Diesel Units At Refinery From April 1

The refiner, which operates a 300,000 bpd coastal refinery in southern India, will also shut a diesel hydrotreater for about two weeks

Read More
Oil Futures Extend Gains On Falling US Crude Stocks

Iran may join other oil producers planning to freeze production to support prices at a later date, OPEC's secretary general said

Read More
India's February Oil Imports Up 29.9 Per Cent

The oil ministry's Petroleum Planning and Analysis Cell expects gasoline demand to grow to 24.2 million tonnes in the 2016/17 financial year

Read More
India In Driver's Seat As Fuel Demand Rises At Fastest Rate Ever

India has already pipped Japan as the world's third-largest oil consumer. By 2040, India will have more than doubled its current oil use to 10 million barrels per day

Read More
Oil At 2016 high, US Crude Above $40 On Output Freeze Hopes

Oil prices have surged more than 50 per cent from 12-year lows since the Organization of the Petroleum Exporting Countries floated the idea of a production freeze

Read More
ONGC To Tie Up With Foreign Service Providers To Boost Output

Under the terms of the tie-up being discussed, firms such as Schlumberger NV and Halliburton Co will invest capital and share technical expertise in stagnant but producing ONGC hydrocarbon fields

Read More
Petrol Costlier By Rs 3 Per Litre, Diesel Price Up Rs 1.90

While the hike in petrol price turns the clock back on the declining trend since January, this is the third straight fortnightly increase in diesel rates

Read More

Subscribe to our newsletter to get updates on our latest news