Oil & Gas
HPCL’s Visakha Refinery all set for ₹26,264 cr expansion
February 8, 2022
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
February 7, 2022
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
February 4, 2022
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
February 4, 2022
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
February 3, 2022
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
February 2, 2022
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
February 1, 2022
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
January 31, 2022
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
January 19, 2022
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
January 17, 2022
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
January 15, 2022
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
January 14, 2022
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
January 13, 2022
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
January 7, 2022
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
January 7, 2022
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
January 3, 2022
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
December 30, 2021
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
December 24, 2021
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
December 24, 2021
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
December 23, 2021
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
December 23, 2021
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
December 23, 2021
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
December 22, 2021
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
December 21, 2021
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
December 18, 2021
₹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,…