ONGC to explore oil and gas at Bikaner for 3 years
ONGC will explore oil and natural gas in an area of 2,118.83 SQ KM at Bikaner, for which the company has been allocated a block for…
crude oil
The latest crude oil news, analysis and data from India and across Asia, reported by Energy Asia.
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Cheap crude oil purchase saves India Rs 5,069 Cr
Taking advantage of the low crude oil prices in international market, India purchased 16.71 million barrels (mbbl) of crude in April – May, 2020 and filled…
Refiners halt oil import from China linked companies
Indian refiners have halted buying of crude oil from Chinese linked companies, after recent changes in regulation aimed at restricting imports from bordering countries. The new…
CNPC holds open day event on Myanmar-China oil, gas pipeline project
An open day on the Myanmar-China oil and gas pipeline project was held by China National Petroleum Corporation (CNPC) today. It was the first part of…
Gadkari calls for use of clean fuel in Public Transport
Nitin Gadkari, Minister for Road Transport said, that public transport may be modernised which is based on biofuels, CNG and electricity as fuel. Addressing a Webinar…
Iran increases crude oil output at North Yaran
The third generation of sucker-rod pump (SRP) was installed for the first time in West Karoun oil fields cluster at well No. 14 of North Yaran…
ONGC, IOCL sign maiden Crude Oil Sales Agreement for North East
ONGC and IOCL signed Crude Oil Sales Agreement (COSA) for North East on 1st October at New Delhi. The COSA is with effect from 1 April,…
Modernization of Indian refineries
Indian refineries have adopted modern technologies for production of petroleum products and continuously upgrade the technologies in line with their requirements and international trends.
Crude oil production report for May 2019
Crude oil production during May, 2019 was 2800.12 TMT which is 3.37% lower than target and 6.91% lower when compared with May 2018.
Indian Consortium and Saudi Aramco Sign MoU for Ratnagiri Mega Refinery
An Indian Consortium consisting of IOCL, BPCL and HPCL and Saudi Aramco signed a Memorandum of Understanding (MoU) recently to jointly develop and build an integrated…