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MIDSTREAM OIL MARKET
Russia crude prices swing wildly amid Iran warThe landscape of Russian crude prices for Indian refiners has seen considerable volatility influenced by the Iran war. Initially, discounts...- Nigerian airlines avert shutdown as Mideast war hikes fuel pricesNigerian airlines continued flying on Thursday despite threatening a shutdown over sky-high jet fuel prices roiling the industry in Africa'...
- U.S. official says Russia's oil output cut signals unsold oilRussia's Deputy Prime Minister Alexander Novak last week said it would voluntarily cut production beginning next month following the start ...
- ONGC inks MoU with Norway's Equinor for E&P, clean energyThe agreement is "for collaboration and partnership in areas of upstream exploration and production, midstream, downstream and clean energy...
- RK Dutta, first Managing Director of Numaligarh Refinery Limited, passes away in KolkataDutta was considered a colossus in the Oil and Gas Industry and his contribution to the development of the Oil and Gas industry in the Nort...
- Oil producers eye long road to recovery as Texas begins to thawThe shut in oil production represents 2 to 4 per cent of global supply, so a slow recovery would tighten worldwide crude markets and may bo...
- A hunt for any storage space turns urgent as oil glut growsTraders said Monday's market drop indicated any unfilled tanks are under lease, and not available to new renters.
- Extended coronavirus outbreak could lower oil demand, prices: Moody'sMoody's said while a short-term demand shock in China will increase oil price volatility.
- Bringing LNG under GST will improve affordability: Debasish Mishra, Deloitte IndiaMarket potential is attracting the attention of global investors in oil & gas sector.
- Oil marketing cos permit dealers to operate more than one petrol pumpState-run OMCs operate 57,600 pumps across the country, of which about 60% are dealer-owned, dealeroperated (DODO).
- ONGC to acquire government's 51.1% stake in HPCL for Rs 36,915 croreThe decision of ONGC to acquire 51.1% stake in HPCL, will help the Modi govt surpass its disinvestment target of Rs 72,500 crore for the cu...
- Volatility in oil prices can be handled well by integrated oil company: DK Sarraf, Chairman, ONGCIn an exclusive chat with ET Now, DK Sarraf, Chairman, ONGC, says that size really matters in oil business when asked about Finance Ministe...
- Global oil & gas industry to see modest rebound in 2017: Moody's"Oil and gas prices are improving from 2016's lows, and commodity price hedging is increasing. Combined with reduced drilling and service c...
- Reliance Industries looking to sell US shale gas stake for $4.5 billionReliance Industries is looking to sell its 45 per cent stake in the Eagle Ford basin shale oil and gas venture in the US for an estimated $...
- Reliance Industries looking to sell US shale gas stake for $4.5 billionReliance Industries is looking to sell its 45 per cent stake in the Eagle Ford basin shale oil and gas venture in the US for an estimated $...
- GAIL to charter LNG ships for transporting natural gas from USGAIL (India) Ltd will be chartering six to seven LNG ships for transporting its natural gas cargoes from the US from 2017.
- ONGC, CNPC sign agreement to jointly explore oil and gasState-owned Oil and Natural Gas Corp (ONGC) has signed an agreement with China's largest oil firm, CNPC to jointly explore for oil and gas ...
- Private oil companies may hike pricesEssar Oil has decided to hike prices from June 16 even as RIL is yet to take a final decision, as early as next week. Top 10 oil producers ...
- Total LPG India to be known as 'Totalgaz'Total LPG India Ltd, the wholly-owned Indian arm of France's Total SA on Tuesday said it will now be known as 'Totalgaz'.
- Cairn to start drilling off Andhra coast this weekScottish oil major Cairn Energy will begin drilling and oil exploration activity at its Ravva field off Andhra coast by the end of this wee...
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