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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
Read MorePrivitisation Of Bharat Petroleum Corporation Ltd. Remains Due; Government In The "Wait & Watch" Mode Say Officials
Five of the six EoIs got have been removed and just one from Vedanta ltd. remains.
Read MoreIndian 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
Read MoreShell 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.
Read MoreQatar 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
Read MoreWave 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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