Oil & Gas

HPCL’s Visakha Refinery all set for ₹26,264 cr expansion

HPCL’s Visakha Refinery all set for ₹26,264 cr expansion

HPCL’s Visakha Refinery is set for modernisation and expansion at a cost of ₹26,264 crore. “This is by far a…
Centre to bring ATF inclusion in GST for discussion: FM

Centre to bring ATF inclusion in GST for discussion: FM

The Centre will move the issue of bringing aviation turbine fuel (ATF) under the GST net for discussion in the…
India to double down on oil, gas exploration: Hardeep Singh Puri

India to double down on oil, gas exploration: Hardeep Singh Puri

India will more than double the area that is under exploration and production of oil and gas to 0.5 million…
ADNOC announce a new offshore gas find

ADNOC announce a new offshore gas find

Abu Dhabi’s state-owned oil and gas company announced Thursday the discovery of between 1.5 to 2 trillion standard cubic feet…
India extends $500 M credit line to Sri Lanka to purchase fuel

India extends $500 M credit line to Sri Lanka to purchase fuel

India extended a $500 million credit line to Sri Lanka to fund the country’s fuel purchases, as the island nation…
ATF price hiked by 8.5%, touches all-time high

ATF price hiked by 8.5%, touches all-time high

Jet fuel prices rose to record levels across the country following a steep 8.5% hike necessitated due to a spike…
GAIL starts blending hydrogen into natural gas system

GAIL starts blending hydrogen into natural gas system

GAIL (India) Ltd said it has commenced India’s first-of-its-kind project of mixing hydrogen into the natural gas system in Indore,…
Adani Total Gas to invest ₹20,000 cr in city gas

Adani Total Gas to invest ₹20,000 cr in city gas

Adani Total Gas Ltd (ATGL), the joint venture between Adani Group and TotalEnergies of France, on Monday said it will…
Oil price tops $87/bbl but petrol, diesel prices unchanged

Oil price tops $87/bbl but petrol, diesel prices unchanged

International oil prices jumped to the highest level since 2014, topping $87 a barrel but domestic petrol and diesel prices…
ATF price hiked by 4.2%, no change in petrol & diesel prices

ATF price hiked by 4.2%, no change in petrol & diesel prices

Jet fuel or ATF price was hiked by 4.2%, the second increase in rates this month warranted by firming international…
Megha Engineering, Adani Total top winner in CGD bidding

Megha Engineering, Adani Total top winner in CGD bidding

Megha Engineering and Infrastructures Ltd (MEIL) walked away with the most 15 licences to retail CNG to automobiles and piped…
Petrol price in Pakistan likely to hit all-time high

Petrol price in Pakistan likely to hit all-time high

For the first time in the history of Pakistan, petrol price is expected to hit 150 PKR per litre amid…
Petcoke import in India rises 73% in December 2021

Petcoke import in India rises 73% in December 2021

Import of petroleum coke (petcoke), a byproduct of oil refining process, stood at 9.87 lakh tonnes in December 2021, up…
Trincomalee tank farms project will boost India-SL energy ties

Trincomalee tank farms project will boost India-SL energy ties

India on Thursday said the Trincomalee oil tank farms project in Sri Lanka will augment bilateral energy security, days after…
Sri Lanka signs deal to lease oil tanks to Indian Oil

Sri Lanka signs deal to lease oil tanks to Indian Oil

Sri Lanka on Thursday signed a deal with the local unit of Indian Oil Corp, Lanka IOC, to lease 75…
ATF price hiked by 2.75%, LPG cut by ₹102.5

ATF price hiked by 2.75%, LPG cut by ₹102.5

Halting a declining trend of last month, jet fuel or ATF price has been hiked by 2.75% on firming international…
Imran Khan reviews Pakistan’s gas crisis

Imran Khan reviews Pakistan’s gas crisis

Amid the ongoing gas crisis, Pakistan Prime Minister Imran Khan chaired a high-level meeting on Wednesday to review what he…
MAN Industries bags pipe manufacturing orders worth ₹225 cr

MAN Industries bags pipe manufacturing orders worth ₹225 cr

Homegrown company Man Industries (India) Ltd said it has bagged orders worth ₹225 crore for manufacturing pipes. With the latest…
Woodside unveils plans to fuel Asian markets

Woodside unveils plans to fuel Asian markets

Western Australian (WA) oil and gas company Woodside has unveiled long-term plans to potentially supply liquid hydrogen to two major…
Indian Oil, Adani Total Gas top bidders for city gas licenses

Indian Oil, Adani Total Gas top bidders for city gas licenses

Indian Oil Corporation (IOC) and a joint venture of billionaire Gautam Adani’s gas arm and Total of France — Adani…
High-level IOC delegation probe Haldia Refinery fire

High-level IOC delegation probe Haldia Refinery fire

A high-level delegation of the Indian Oil Corporation (IOC) from Delhi and a West Bengal forensics team on Wednesday began…
Sri Lanka to settle $251 mn oil import dues to Iran by bartering tea

Sri Lanka to settle $251 mn oil import dues to Iran by bartering tea

Sri Lanka plans to settle $251 million in oil import dues owed to Iran by bartering tea, a Sri Lankan…
India’s oil production continues to slide

India’s oil production continues to slide

India’s production of crude oil, which is refined to produce petrol and diesel, continued to decline in November, with lower…
IBA condemns govt for withdrawing subsidy on biogas plants

IBA condemns govt for withdrawing subsidy on biogas plants

Indian Biogas Association (IBA) condemned the government for the withdrawal of subsidies on all kinds of biogas plants, saying it…
₹80,000 cr investment as 430 bids pour in for city gas licensing

₹80,000 cr investment as 430 bids pour in for city gas licensing

Around ₹80,000 crore investment is envisaged in setting up city gas infrastructure in 61 geographical areas (GAs), including Jammu, Nagpur,…
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