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Latest Articles in Energy Infra

Oil Soars After Attack On Saudi Plants Shuts In 5 Per Cent Of Global Supply

Brent crude futures, the international benchmark, rose by as much as 19.5 per cent to $71.95 per barrel, the biggest intra-day jump since Jan. 14, 1991.

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Saudi Aramco Tells Indian Refiner It Will Get Oil: Source

Aramco has lost half of its production capacity after attacks on its facilities on Saturday and it remains unclear how long it will take the company to fix the damage.

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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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