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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

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India'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

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IndianOil, 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

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Jio-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

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Indian 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

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ONGC 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

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Govt Cuts Crude Oil Windfall Tax To Zero

The government left the windfall tax on petrol, diesel and aviation turbine fuel at zero

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IOCL 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

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Data 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

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Oil 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

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IOC: High Octane Performance

IOC’s presence across the entire hydrocarbon value chain allows it to create sustainable business outcomes

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IOC 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

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ONGC 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

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Indo-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

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