New Delhi, Nov 23: India strongly believes that the pricing of liquid hydrocarbons should be reasonable, responsible and be determined by market forces. India has repeatedly expressed concern at supply of oil being artificially adjusted below demand levels by oil
Mumbai, Feb 17 Recovering demand for petroleum products is supporting the profitability of India’s oil marketing companies, Fitch Ratings said. The ratings agency cited the sustained strength of marketing margins (MM) and recovering demand for petroleum products is supporting the profitability
Bokaro, Aug 12 Jharkhand Chief Minister Raghubar Das and Union Minister of Petroleum & Natural Gas & Steel Dharmendra Pradhan laid the foundation stones of Bharat Petroleum’s (BPCL) two projects, here on Sunday. BPCL will set up a LPG bottling
Kolkata, Sep 21 The Centre is exploring possibilities and options to extend its support in terms of strengthening infrastructure and ensuring availability of feedstock in the Petroleum, Chemical and Petrochemical Investment Regions (PCPIRs) projects, an official said. The Centre was
Oil India Limited (OIL), a Navratna Oil & Gas PSU, with intent of augmenting its reserves base and maximising recovery from its aging oilfields through Enhanced Oil recovery (EOR) by utilising emitted greenhouse gases (CO2) to reduce carbon footprint of
New Delhi, Nov 29 The Ministry of Petroleum & Natural Gas (MoPNG) and the Ministry of Skill Development & Entrepreneurship (MSDE) on Monday signed an MoU to scale up skill development in hydrocarbon sector, an official release said.“The MoU was
Dubai, Oct 15 Dubai Petroleum Establishment (DPE), owned 100 percent by the Dubai government and responsible for Dubai’s offshore oil and gas development and production, has identified significant volumes of gas in its T-02 deep gas exploration well. The high
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