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Latest Articles in Oil and Gas

Russia Calls US Tightening Of Iran Oil Sanctions 'Aggressive And Reckless'

"Such a course of action adds nothing to the Americans' international standing," the Russian foreign ministry said.

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India Prepared To Deal With US Decision To End Iran Oil Waivers: MEA

The government has noted the announcement by the US government to discontinue the Significant Reduction Exemption to all purchasers of crude oil from Iran

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India To Get Extra Oil From Major Producers To Make Up For Iran Oil Loss

Indian refineries are fully prepared to meet the national demand for petrol, diesel and other petroleum products

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Saudi Aramco Gets First Credit Ratings Ahead Of Bond Debut

Saudi Aramco would buy a 70% stake in Saudi Basic Industries Corp from the kingdom’s wealth fund for $69.1 billion

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India LNG Demand Journey To Be Shaky, Slow Due To Infrastructure Limits

India had four terminals receiving LNG last year, taking in 21 million to 23 million tonnes of the super-chilled fuel, up nearly 10 to 13 percent from 2017

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BPCL: In New Horizons

BPCL is strategically diversifying into renewable energy, petrochemicals and natural gas

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Indian Oil Corporation: Fuelling Growth

The oil behemoth is on course to mark 60th year of its excellence

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Iran Hopes India Will Seek Fresh Waiver From U.S. Sanctions - Deputy Foreign Minister

In November, the Unites States granted a six-month waiver from sanctions to India and allowed New Delhi to continue to import a limited quantity of Iranian oil

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Iran Minister Says EU Trade Arrangement Moving Slowly, Talking To India, China

The EU wanted a so-called special purpose vehicle (SPV) to help preserve the economic benefits for Iran deriving from the curbs Tehran placed on its nuclear programme under a 2015 deal with world powers

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Indian State Firms Allowed Private Help With Old Oil, Gas Blocks

India is the world's third-largest oil consumer and buys about 80 per cent of its supplies from abroad. Prime Minister Narendra Modi has set a target to cut India's dependence on foreign oil to 67 per cent by 2022

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ONGC To Reconsider Government Demand To List Exploration Subsidiary, Says Chairman

The government in August had asked India's biggest state-owned oil company to list its subsidiary as part of a drive to sell state-assets to raise funds

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State Oil Firms Have Stopped Taking Margin Hit On Petrol And Diesel Sales

In October, the Finance ministry had cut its production tax on the two fuels by 1.50 rupees a litre and had asked state-owned fuel retailers to reduce their marketing margins by 1 rupee a litre to insulate consumers from a surge in global oil prices at the time

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Indian Oil Says Iran May Still Invest In Chennai Petroleum Expansion

Iran's participation has been questioned after India cut back its Iranian crude oil imports following U.S. sanctions

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IOC: Energising The Nation

IOC accounts for nearly half of India’s petroleum products market share, with sales of 88.76 million tonnes in 2017-18

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