OIL
Oil jumps 4% on fears Suez Canal blockage may last weeks
Oil & Gas
March 27, 2021
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
March 26, 2021
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
March 26, 2021
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
March 25, 2021
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
March 24, 2021
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
March 16, 2021
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
March 14, 2021
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
March 7, 2021
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
February 25, 2021
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
February 25, 2021
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
February 24, 2021
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
February 23, 2021
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
February 17, 2021
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
February 17, 2021
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
February 16, 2021
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
February 11, 2021
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
February 11, 2021
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
February 10, 2021
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
February 10, 2021
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
February 8, 2021
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
January 28, 2021
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
January 15, 2021
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
January 10, 2021
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
December 27, 2020
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
December 17, 2020
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…