“The conflict, even if in a stalemate at present, remains centre stage for crude and the war premium continues to rise and fall on the …
HPCL prepared to handle any disruption due to Gaza conflict, says Chairman
BPCL plans to ramp up fuel retail network by two-thirds
Bharat Petroleum Corporation Limited (BPCL) is set to embark on an extensive expansion of its fuel retail network, aiming to add 14,273 new pumps. This …
India asks OPEC to ensure oil market stability
“The open and candid discussions at the meeting focused on key issues related to oil and energy markets with a specific emphasis on ensuring availability, …
OPEC says oil market remains strong despite negative sentiment
Oil has weakened to around $82 a barrel for Brent crude from a 2023 high in September near $98. Concern about economic growth and demand …
ONGC to start oil production from USD 5 bn deep-water project this month
The Oil and Natural Gas Corporation (ONGC) is set to commence oil production from its Cluster-2 project in the Krishna Godavari basin in the Bay …
Work commitments of city gas companies may be rationalised
The Petroleum and Natural Gas Regulatory Board (PNGRB) is considering rationalizing the minimum work programme (MWP) commitments made by city gas companies in previous years
Torrent Gas appoints Manoj Jain as Managing Director
City gas distribution company Torrent Gas Limited has announced the appointment of Manoj Jain as its Managing Director, effective from January 1, 2024. Prior to …
HPCL to stop buying diesel from other companies next year
Hindustan Petroleum Corporation Ltd (HPCL) is set to discontinue its practice of purchasing diesel from companies like Reliance Industries Ltd and Nayara Energy once it …
City gas companies need to boost CNG adoption: IGL MD
In an interview to ET, Kamal Kishore Chatiwal said the government should evaluate subsidising piped natural gas (PNG) supplies for poor households to preserve its …
ONGC seeks nod to use gas from legacy fields
Prices for natural gas produced from the legacy fields of ONGC and Oil India are controlled by the government, which introduced a price band of …