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Latest Articles in oil and gas

Welspun Group Promoters, Through Closely Held Family Office Investment, Acquires Majority Stake In Warehousing Platform- 'One Industrial Spaces'

The Welspun Group is one of India's fastest-growing global conglomerates with business interests in line pipes, home textiles, infrastructure, oil and gas, advanced textiles and floorings solutions.

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Trends Shaping Today's Oil And Gas Industry

The Oil & Gas market is here to stay, serving as the base for polymers & petrochemicals something which renewable energy cannot do!

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As Petrol Prices Sky-rocket, Indians Look For Ways To Ease The Pain

Taxes on petrol and diesel, which account for more than a third of retail fuel prices, are one of the biggest sources of income for state and central governments

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BPCL To Skip Iran Oil Purchases In October

BPCL has changed a crude mix for its 240,000 barrels per day (bpd) Mumbai refinery after shutting down the fire-hit hydrocracker unit last month to optimise its processing and output of refined products

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PIL On Fuel Price Change: HC Asks Centre To Treat It As Representation

The petitioner wanted the present mechanism of daily fixation of fuel prices to be held unconstitutional and said the government should be directed to fix a "fair price" for their sale

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Rising Petrol And Diesel Prices: Will Govt. Take Any Action This Week?

The government may not rely only on cutting excise duty, which makes up for a fourth of the retail selling price, the official said but did not elaborate.

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Oil Up On Ongoing Supply Cuts, But Analysts Warn OPEC Must Stay The Course

The bullish market sentiment has been fuelled this year by the Organization of the Petroleum Exporting Countries (OPEC) and other producers, including Russia, to hold back 1.8 million barrels per day (bpd) in oil production to tighten markets

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ONGC Seeking Oil Assets In Other Regions Amid Iran Gas Row

ONGC Videsh is targeting production of 60 million tonnes of oil and gas by 2030 from 12.80 million tonnes in 2016-17

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Petrol Price Down Rs 2.5 Per Litre, Diesel By Rs 2.25

Petrol in Delhi now costs Rs 68.38 a litre, down from Rs 70.88. A litre of diesel now comes for Rs 56.89 as against Rs 59.14 previously, according to Indian Oil Corp (IOC), the nation's largest fuel retailer

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Sensex Surges 198 Points, Nifty Regains 9,900 Level

The BSE 30-share barometer went up 197.70 points, or 0.62 per cent, to 31,797.46. The gauge had lost 824 points in the previous six sessions, in line with a general weakness across the globe fuelled by escalating worries about Korean peninsula

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Chevron To Invest $4 Billion To Boost Permian Basin Output

Oil major Chevron Corp will next year invest around $4 billion to ramp up its crude production in the Permian Basin area of the United States, a company executive said on Monday.

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ONGC Strikes 'Good' Offshore Oil, Gas Find

ONGC informed the Directorate General of Hydrocarbons (DGH), the upstream advisory arm of the federal oil ministry, about the latest discovery earlier this month

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India To Bid For Israel Oil-and-gas Exploration Blocks: Dharmendra Pradhan

India and Israel have deep defence ties but Modi and his right wing ruling group are pushing to expand the relationship into other sectors such as energy and technology with a country they see as a natural ally against terrorism

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Oil India Q4 Profit Falls 96% On One-time Charge

State-run Oil India posted a 96 per cent fall in fourth-quarter profit, hurt by a one-time charge realised on the pre-discount and post-discount price of crude oil paid to a state government

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