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Latest Articles in Oil and Gas
India Looks Elsewhere For Oil As Russia Looks To Lower Crude Discount To $20/bbl
According to Finance Minister Anton Siluanov, the ministry plans to implement this change, and additional measures are being considered to enhance the calculation of oil export taxes
Read MoreIndia's Russian Oil Import Reaches New High In June, Signs Of Declining Growth
The attractiveness of Russian oil has diminished for Indian refiners as the discounts have narrowed, and payment settlement issues have emerged, prompting them to look for alternative sources in the Middle East
Read MoreIndianOil, Praj Enter JV For Building Biofuels Production Capacities In India
Various biofuels covered under this MoU include Sustainable Aviation Fuel (SAF), Ethanol, Compressed Bio-Gas (CBG), Biodiesel and Bio-bitumen among others
Read MoreJio-BP, Adani Total Gas Plan To Set Up Biogas Plants
Initially, they have planned to construct five plants, and the remaining five will be established based on the availability of feedstock, which is an important consideration
Read MoreIndian Oil Becomes Top Bidder For Reliance’s KG Gas In Second Auction
As per reports, IOC got 2.5 million standard cubic metres per day out of the 5 mmscmd of gas auctioned last month
Read MoreONGC Plans Net Zero Target By 2038 With Rs 1 Lakh Cr Green Push
ONGC intends to increase the amount of electricity produced from renewable sources from 189 MW to 1 GW by 2030. It is looking for a project with a similar capacity to the 5 GW project it currently has in Rajasthan
Read MoreJio-BP Launches Premium Diesel That Promises Fuel Economy Upto 4.3%
With this launch, the company has also kicked a new price war in the market
Read MoreGovt Cuts Crude Oil Windfall Tax To Zero
The government left the windfall tax on petrol, diesel and aviation turbine fuel at zero
Read MoreIOCL To Set Up Its Largest Petro Complex In Odisha
According to official information, the complex would include a world scale cracker unit, along with downstream process units for producing several petrochemical products
Read MoreData Shows Fuel Prices In India Decline As They Rise In Various Countries
Petrol and diesel prices in Pakistan, Bangladesh, Sri Lanka, and Nepal rose 22-38 per cent and 20-104 per cen
Read MoreOil Prices Rise As China's Factory Gains Boost Outlook For Fuel Demand
Brent crude oil was up 24 cents, or 0.3 per cent, to 83.69 per barrel. On Tuesday, the April contract expired up USD 1.44, or 1.8 per cent, at USD 83.89
Read MoreIOC: High Octane Performance
IOC’s presence across the entire hydrocarbon value chain allows it to create sustainable business outcomes
Read MoreIOC Kick Starts A New Journey In Aviation Fuel, Enters The $ 2.7 Bn Global Market
The company claims to have exported its first cargo of 80 aviation gas barrels from the Jawaharlal Nehru Port Trust (JNPT) to Papua New Guinea, each having a capacity of 16 kilo litre of aviation gas
Read MoreONGC Videsh Repurchases 20% Stake In Russia's Sakhalin-1 Oil, Gas Fields
In October of last year, Russian President Vladimir Putin disbanded Exxon Neftegaz, a regional subsidiary of ExxonMobil, as operator of the Sakhalin-1 and transferred the project and all of its assets and equipment to a new operator
Read MoreIndo-Bangla Friendship Pipeline To Be Operational In February
The mechanical works of the bilateral project, which is being funded by India, were completed on 12 December, last year, according to a senior NRL official who spoke on the condition of anonymity
Read More