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Latest Articles in oil gas

US Energy Secretary Says Oil, Gas Output Will Continue To Increase

Jennifer Granholm told CNBC the boost in US oil to market will be about 1 million barrels per day, first coming from President Joe Biden's record release from the Strategic Petroleum Reserve starting in May and lasting six months

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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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Shell Sets Carbon Cutting Targets After Investor Pressure

Following discussions with investors, the Anglo-Dutch oil and gas giant said that from 2020 it will set three- to five-year targets every year which will include specific net carbon footprint targets.

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Qatar To Withdraw From OPEC As Of January 2019: Minister

The announcement comes ahead of the meeting by OPEC and its allies including Russia on Dec. 6-7 to discuss cutting supply

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Wave Of Refinery Shutdowns May Push India Into Importing Fuel Next Year

The refiners will have to shut gasoil- and gasoline-making units at their plants for 15 to 45 days to churn out Euro VI-compliant fuels from January 2020 to be able to sell them from April of that year

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