OIL

Oil jumps 4% on fears Suez Canal blockage may last weeks
Oil & Gas

Oil jumps 4% on fears Suez Canal blockage may last weeks

Oil prices rose more than 4% on Friday on worries global supplies of crude and refined products could be disrupted…
Reliance-Aramco deal if crude oil averages USD 65/barrel
Oil & Gas

Reliance-Aramco deal if crude oil averages USD 65/barrel

A fall in crude oil price and Aramco's USD 75 billion annual dividend commitment may have delayed Saudi company picking…
Centre can ask 10% more share in profits from Barmer block
Oil & Gas

Centre can ask 10% more share in profits from Barmer block

The Delhi High Court said the Centre can demand 10% higher share in the profit derived from oil produced by…
OIL’s Mozambique project fulfils USD14.9 bn debt drawdown
Oil & Gas

OIL’s Mozambique project fulfils USD14.9 bn debt drawdown

ONGC Videsh Ltd and Oil India Ltd, together with their foreign partners, have met conditions precedent for the first debt…
Oil PSUs to set up InvIT for asset monetisation
Oil & Gas

Oil PSUs to set up InvIT for asset monetisation

Oil sector PSUs would now float an Infrastructure Investment Trust (InvIT) as part of the asset monetisation exercise announced by…
Oil & gas sector are catalysing socio-economic change
Oil & Gas

Oil & gas sector are catalysing socio-economic change

Union Minister of Petroleum and Natural Gas Dharmendra Pradhan said that Energy is the catalyst of socio-economic change.
ONGC’s oil & gas production share jumps to 70%
Oil & Gas

ONGC’s oil & gas production share jumps to 70%

ONGC which is often perceived as a drag on the crude oil and natural gas produced in the country, has…
Indian Oil to monetise Hydrogen units to raise Rs 10,000 cr
Oil & Gas

Indian Oil to monetise Hydrogen units to raise Rs 10,000 cr

Indian Oil Corporation (IOC) plans to hive off hydrogen producing units and sulphur recovery facilities at its refineries to a…
Priyanka Gandhi slams centre on fuel prices
Oil & Gas

Priyanka Gandhi slams centre on fuel prices

Congress General Secretary Priyanka Gandhi Vadra on Thursday slammed the Prime Minister Narendra Modi-led government over the hike in prices…
Oil prices hit 13-month highs on tighter supplies
Oil & Gas

Oil prices hit 13-month highs on tighter supplies

Oil prices rose for a fourth straight session to the highest levels in more than 13 months, underpinned by monetary…
Petronas finds gas in Dokong-1 wildcat exploration well
Oil & Gas

Petronas finds gas in Dokong-1 wildcat exploration well

Malaysia's state energy firm Petroliam Nasional Bhd, or Petronas, said on Wednesday that it had discovered gas in the Dokong-1…
Fuel prices rise again after two-day break
Oil & Gas

Fuel prices rise again after two-day break

The petrol and diesel prices across the country continued their northward march after two days break taking its retail rates…
Modi blames previous govt for not cutting import dependence
Oil & Gas

Modi blames previous govt for not cutting import dependence

On a day when petrol crossed the Rs 100 mark, Prime Minister Narendra Modi said the middle-class would not have…
Meghalaya government reduces petrol, diesel prices by Rs 7
Oil & Gas

Meghalaya government reduces petrol, diesel prices by Rs 7

Meghalaya Chief Minister Conrad Sangma has informed that the prices of petrol and diesel will be reduced by Rs 7…
India is creating a global model of energy justice
Oil & Gas

India is creating a global model of energy justice

MoPNG Dharmendra Pradhan said that by balancing accessibility and affordability, India is creating a global model of energy justice and…
India’s gas production has risen above pre-COVID level
Oil & Gas

India’s gas production has risen above pre-COVID level

India’s natural gas production has risen above the pre-COVID level following the start of output from a KG-D6 field operated…
Pradhan rules out any plans to cut taxes on petrol, diesel
Oil & Gas

Pradhan rules out any plans to cut taxes on petrol, diesel

Petroleum Minister Dharmendra Pradhan ruled out any cut in excise duty, for now, to give relief to consumers from the…
Congress calls for Odisha bandh over rising fuel prices
Oil & Gas

Congress calls for Odisha bandh over rising fuel prices

The Congress gave a call for a seven-hour Odisha shutdown on February 15 to protest against the rising prices of…
January fuel demand falls as global oil prices rise
Oil & Gas

January fuel demand falls as global oil prices rise

India's fuel consumption in January registered its first month-on-month decline in five months, as an uptick in global oil prices…
Meghalaya government to reduce tax on petrol & diesel
Oil & Gas

Meghalaya government to reduce tax on petrol & diesel

The Meghalaya government has decided to reduce the tax on petrol and diesel in the state by Rs 2 per…
Oil India starts seismic survey in Tripura
Oil & Gas

Oil India starts seismic survey in Tripura

Oil India Limited has started its first-ever seismic survey in Tripura, kicking off exploration and production operation in the north-eastern…
Government notifies modified scheme on ethanol production
Sustainability

Government notifies modified scheme on ethanol production

The government notified a modified scheme to provide financial assistance to distilleries producing first-generation ethanol from feedstocks, including cereals.
Patnaik & Pradhan launch bindu sagar lake cleaning project
Sustainability

Patnaik & Pradhan launch bindu sagar lake cleaning project

Naveen Patnaik, Chief Minister of Odisha and Dharmendra Pradhan, Minister for Petroleum & Natural Gas jointly launched the Bindu Sagar…
Future of power generation, rooftop solar system
Featured

Future of power generation, rooftop solar system

Shortage of significant amount of power generation causes various problems on a daily basis that’s why energy has become one…
Clear roadmap of Aatma Nirbhar Urja is being developed
Power

Clear roadmap of Aatma Nirbhar Urja is being developed

Minister of Petroleum & Natural Gas and Steel Dharmendra Pradhan said that on the energy front, we are developing a…
Back to top button