Latest Articles in Energy Infra
Crude Oil Futures Up On Spot Demand
Analysts said the rise in crude oil futures was largely in tandem with a firm trend in markets here.
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Oil Gains On Signs Of Thaw In US-China Trade War, Inventory Fall
Brent crude futures rose 23 cents, or 0.4 per cent, to $61.04 a barrel by 0650 GMT. US West Texas Intermediate (WTI) futures was up 28 cents, or 0.5 per cent, to $56.03 a barrel.
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ONGC Considers Buying Out Rest Of Petrochemical Project
ONGC Petro additions Ltd (OPaL), majority-owned by ONGC, is primarily a polymer manufacturer, a chemical compound used in everything from textiles to plastics and packaging.
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India's Fuel Demand Rose 2.8% Year-on-year In August
Consumption of fuel, a proxy for oil demand, totalled 17.04 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.
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ONGC To Invest Rs 13,000 Crore In Assam To Drill Over 220 Wells
This investment is being made for drilling more than 220 oil and gas wells across the state, the company said.
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Oil Prices Gain After Bigger-Than-Expected Fall In US Stockpiles
Iran’s oil exports were slashed by more than 80 per cent due to re-imposed sanctions by the United States.
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Cost Of India Refinery Project With Aramco To Rise: Oil Minister
The project is expected to cost $60 billion, sources told Reuters at the time, but is still expected to be commissioned in 2025.
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India And Nepal Open South Asia’s First Cross-border Oil Pipeline
Indian Prime Minister Narendra Modi and his Nepal counterpart K.P. Sharma Oli joined the inauguration ceremony by video link from their respective capitals.
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Oil Hits Six-Week High On Hopes Of Extended OPEC Output Cuts
In the United States, crude stockpiles are likely to have fallen for a fourth consecutive week last week.
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India's Fuel Demand To Rise By Average 4.7% Through 2025 - Nayara Energy
India's gasoil demand will rise by an average 5.3 per cent per year through the 2025 fiscal year.
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Indian Oil Corp's Gujarat Refinery Ready To Make IMO 2020 Fuels By October - Executive
IOC's Haldia refinery will start in December to produce 300,000 tonnes per year of marine fuels that meet the new low-sulphur specifications.
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Oil Rises, Set For Weekly Gain Amid Hopes For End To US-China Trade War
Brent crude was up 17 cents, or 0.3 per cent, at $61.12 a barrel by 0408 GMT, while U.S. West Texas Intermediate (WTI) crude was up 16 cents, or 0.3 per cent, at $56.46 a barrel.
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Oil Slips Towards $60 On US Inventory Rise But Trade Hopes Support
Benchmark Brent crude was down 25 cents at $60.45 a barrel by 0821 GMT, while US West Texas Intermediate (WTI) crude fell 39 cents to $55.87.
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Oil Prices Recover Some Ground, But Economic Concerns Weigh
Brent crude was up 12 cents, or 0.21 per cent, at $58.38 a barrel by 0425 GMT, while U.S. West Texas Intermediate futures gained 20 cents, or 0.37 per cent, at $54.14 at barrel.
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Oil Prices Fall As Market Eyes Trade War, Awaits Stocks Data
"Oil will struggle to make substantial headway topside this week with no progress on trade talks or meetings even, soft data from Asia and a possible cracking of OPEC's resolve to control production," said Jeffrey Halley, senior market analyst at OANDA.
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