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‘India diversifying its oil import sources’

‘India diversifying its oil import sources’

🕔17:37, 4.Aug 2022

Chennai, Aug 4 (IANS) India is looking at pockets of opportunities for oil overseas and its decision to invest $1.6 billion in an oil project in Brazil part of that scheme, said credit rating agency S&P. In a report, S&P, citing

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Gazprom says Siemens failed to fulfill obligations to repair Nord Stream turbine engines

Gazprom says Siemens failed to fulfill obligations to repair Nord Stream turbine engines

🕔07:12, 28.Jul 2022

Moscow, July 28 (IANS) Russia’s gas giant Gazprom has said that Siemens failed to fulfill its obligations and had not returned a repaired turbine engine for the Nord Stream 1 pipeline. “Back in May, we expected to receive one repaired engine

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Europe at risk of recession due to rising oil and gas prices

Europe at risk of recession due to rising oil and gas prices

🕔10:24, 5.Jul 2022

Europe faces a rising risk of recession because of rising oil and gas prices amid concerns that Russia could turn off supplies completely, economists have said, as per media reports. London, July 5 (IANS) Europe faces a rising risk of recession

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Concerns grow that India being used as potential ‘back door’ into Europe for Russian oil

Concerns grow that India being used as potential ‘back door’ into Europe for Russian oil

🕔06:09, 27.Jun 2022

London, June 27 (IANS) Concerns are growing that India is being used as a potential back door into Europe for Russian oil supplies, given the surge in imports, media reports said. The huge blue and red hull of the SCF Primorye

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COP26 President draws flak for openly supporting investment by oil, gas cos

COP26 President draws flak for openly supporting investment by oil, gas cos

🕔09:55, 2.May 2022

Days after the developed world sought to belittle India for continued oil imports from Russia, COP26 president Alok Sharma’s endorsement of a letter by UK’s Secretary, Business, Energy & Industrial Strategy on Sunday came under severe criticism from all quarters

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Jet fuel prices hiked, air fares to rise

Jet fuel prices hiked, air fares to rise

🕔13:22, 1.Apr 2022

New Delhi, April 1 (IANS) High crude oil prices led India’s OMCs to hike aviation turbine fuel (ATF) price on Friday. Accordingly, in the national capital, the price of jet fuel was raised to Rs 1,12,924.83 per kilolitre (kl) from Rs

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Ukraine Russia Conflict : Does it affect India ?

Ukraine Russia Conflict : Does it affect India ?

🕔10:56, 6.Mar 2022 Read Full Article
India open to support initiatives for releases from ‘Strategic Petroleum Reserves’

India open to support initiatives for releases from ‘Strategic Petroleum Reserves’

🕔17:11, 26.Feb 2022

New Delhi, Feb 26 (IANS) The Centre on Saturday said it is open to support initiatives for releases from ‘Strategic Petroleum Reserves’ to mitigate market volatility and calming the rise in crude oil prices. As per Ministry of Petroleum & Natural

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‘Domestic gas production expected to get a boost’

‘Domestic gas production expected to get a boost’

🕔12:47, 21.Nov 2021

New Delhi, Nov 21 (IANS) India’s domestic gas production is expected to get a boost from KG Basin, from Motilal Oswal Financial Services (MOFSL). “Domestic gas production would get a further boost, primarily from RIL and ONGC’s assets in the KG

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Ongoing digital transformation at Bharat Petroleum in collaboration with Deloitte India delivering impact

Ongoing digital transformation at Bharat Petroleum in collaboration with Deloitte India delivering impact

🕔17:10, 27.Oct 2021

Mumbai, 27 October 2021: An ambitious digital transformation project aptly named ‘Project Anubhav’ is underway at Bharat Petroleum Corporation Limited (BPCL). The project which aims to enhance the customer experience across all touch points with BPCL, has been well received by

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Wake-up call ahead of COP26: No new oil, gas, coal extraction projects

Wake-up call ahead of COP26: No new oil, gas, coal extraction projects

🕔05:33, 14.Oct 2021

New Delhi, Oct 14 (IANS) In the run-up to the Glassgow climate talks (COP26), the International Energy Agency (IEA)’s flagship annual wake up report on energy pathways, details an achievable roadmap to keep global heating below 1.5 degrees Celsius. The report

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As prices in India spiral, smuggling of fuel from Nepal rises

As prices in India spiral, smuggling of fuel from Nepal rises

🕔20:47, 18.Feb 2021

Patna, Feb 18  While the prices of petrol and diesel touched Rs 100 at some places in Rajasthan and Madhya Pradesh, this situation is turning out to be a money making business for mafias active on the borders of India

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US oil majors unprepared for clean energy transition

US oil majors unprepared for clean energy transition

🕔10:27, 9.Oct 2020

New Delhi, Oct 9 The energy transition to a net zero carbon world is an existential challenge for oil and gas majors but US companies are lagging way behind their European rivals in adapting their businesses, a report from financial think

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Oil companies to report big losses as lockdown shrinks sales

Oil companies to report big losses as lockdown shrinks sales

🕔15:07, 9.Apr 2020

New Delhi, April 9  State-owned oil marketing companies (OMCs) including Indian Oil, BPCL, HPCL may see significant erosion in the earnings during the January-March quarter of FY20 even though low crude and product prices jacked up their margins on the

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Fresh pooled gas auction to stop 25,000 MW capacity becoming NPAs

Fresh pooled gas auction to stop 25,000 MW capacity becoming NPAs

🕔20:41, 28.Oct 2019

New Delhi, Oct 28  In an attempt to prevent close to Rs 1 lakh crore of debt in the power sector from turning into non-performing assets, the government may launch a new scheme that will enable stressed gas-based power projects

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Mozambique, India could partner in oil, gas, agriculture: Mukherjee

Mozambique, India could partner in oil, gas, agriculture: Mukherjee

🕔09:55, 7.Aug 2015

New Delhi, Aug 7  Mozambique, which recently made gas discoveries amounting to 200 trillion cubic feet and has vast reserves of coal, could partner with India in the field of oil and gas as well as in agriculture, food processing

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Indian firms ready to invest in Mexico oil, gas: Pradhan

Indian firms ready to invest in Mexico oil, gas: Pradhan

🕔10:00, 21.May 2015

New Delhi, May 21  Indian companies are willing to participate in the exploration of even deep water and unconventional hydrocarbon resources in Mexico, Petroleum Minister Dharmendra Pradhan told Mexican officials during his recent visit to the central American nation. “Indian

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Report on delay in ONGC’s KG basin gas by Dec 24

Report on delay in ONGC’s KG basin gas by Dec 24

🕔11:33, 26.Nov 2014

New Delhi, Nov 26 A committee headed by the director general of hydrocarbons (DGH) will submit, by Dec 24, its inquiry report on the delay in developing gas discoveries in state-run explorer ONGC’s Krishna Godavari basin KG-D5 block, parliament was

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G20 nations subsidise fossil fuel exploration by $88 billion: Study

G20 nations subsidise fossil fuel exploration by $88 billion: Study

🕔15:20, 11.Nov 2014

London, Nov 11  The world’s major economies subsidise oil, gas and coal companies by as much as $88 billion a year to explore new reserves, media reported Tuesday, citing a new study. The study was conducted by British think tank

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