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 of the main concerns for the…
OIL
The latest OIL news, analysis and data from India and across Asia, reported by Energy Asia.
Latest
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 clear roadmap of Aatma Nirbhar Urja…
HOEC plans to start oil production from B-80 Block in 2021
HOEC will start producing 8,500 barrels per day of oil and oil equivalent gas from the B-80 block in April next year, they had won this…
Indian Oil refineries output rises to 100%
The crude oil throughput of Indian Oil refineries rose to 100% in November 2020, as consumption of all petroleum products has almost reached pre-Covid levels.
OIL’s drilling clearance inside national park stayed by HC
The division bench of the Gauhati High Court stayed the Centre's permission to Oil India Ltd (OIL) to drill seven wells inside a famous national park…
OIL launches Rs 220 cr seismic campaign in Mahanadi basin
Oil India Ltd (OIL) launched a Rs 220 crore seismic campaign to locate oil & gas in the Mahanadi basin in Odisha.
Sinopec looks to produce 30 bcm natural gas in 2020
China Petroleum & Chemical Corp or Sinopec plans to produce more than 30 billion cubic metres (bcm) of natural gas in 2020, marking an increase of…
ONGC and OIL signs contract for 11 oil and gas blocks
Oil and Natural Gas Corp has engaged contracts for seven oil and gas blocks it had won in the recent bid round. Oil India Ltd signed…
Baghjan gas well killed successfully after over 5 months
The damaged gas well at Baghjan in Assam was successfully killed and the blaze was fully doused on Sunday after over five months of a blowout.…
Dharmendra Pradhan asks OPEC to correct price anomalies
India pressed for assessing the impact of COVID-induced disruptions to global energy sector supply chains and said oil cartel OPEC needs to address anomalies in the…
ONGC bags 7 and OIL bags 4 blocks for exploration
ONGC has won 7 out of 11 oil and gas exploration blocks offered for bidding in the latest licensing round, Directorate General of Hydrocarbons (DGH) said.…
ONGC Videsh set to lose Farzad-B gas field in Iran
India has all but lost the ONGC Videsh discovered Farzad-B gas field in the Persian Gulf after Iran decided to prefer domestic companies over foreign firms…
CSIR CMERI develops solid waste processing facility
The changing ecological scenarios requires special attention to address the issue of ‘Sustainable Processing of Municipal Solid Waste’. This is not only a necessary component of…
Aramco, ADNOC committed for $44 bn west coast project
Saudi Arabian Oil Co (Saudi Aramco) and Abu Dhabi National Oil Co (ADNOC) are still committed to investing in the planned USD 44 billion west coast…
ADNOC to trade 50% oil in Indian strategic reserves
Union Cabinet has allowed Abu Dhabi National Oil Co (ADNOC) to trade half of the crude oil it has stored in Indian underground strategic reserves. Till…
Global oil demand may recover by 2022
Global demand for crude could recover to pre-coronavirus levels by 2022, Saudi Aramco said, as the International Energy Agency projected it could take at least a…
OIL starts exploration in Andaman sea
Oil India Ltd said it has started exploring for oil and gas in the Andaman sea. They have begun acquiring seismic data on the shallow water…
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…
Constellation of satellites to trace illegal spillage of oil by ships
Constellation of maritime surveillance satellites for the Indian Ocean Region (IOR), will be able to trace illegal spillage of oil by ships which will be jointly…
PM Modi inaugurates three key Petroleum projects in Bihar
The Prime Minister Narendra Modi dedicated to the nation three key projects related to the Petroleum sector in Bihar via video conferencing. The projects include the…
Government’s focus on reducing road construction costs without compromising on quality
Union Minister for Road Transport & Highways, Nitin Gadkari said that the policy of the government is to ensure reduction in road construction costs and improve…
Global regas capacity under construction hits 10-year high at 144 mmtpa
Global regasification (regas) capacity under construction is expected to hit a 10-year high at 144 million tonnes per annum (mmtpa) in 2020, says Wood Mackenzie. This…
Solar PV to generate $182 billion investment in Middle East renewables by 2025
Frost & Sullivan's recent analysis, Solar PV Dominating Investment Opportunities in Renewable Sector across the Middle East, 2025-2025, reveals that the pressure to lower greenhouse gas…
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…
Massive explosion at Baghjan oil field
A massive explosion occurred near well number five of Oil India Limited at Baghjan Oil Field located in Assam’s Tinsukia district. Three foreign experts were injured…