Oil & gas

Jio-bp to power Zomato’s EV journey

20 Jun 2022

Fissures In The Oil Barrel

08 Jun 2022

The flow of cheap oil from Russia to buyers, especially in countries like China and India, has caused a dent in spot market purchases with some of the largest buyers suspending operations in the spot market

UK slaps 25% windfall tax on profits of oil and gas companies

30 May 2022

Robbing Peter to pay Paul is a key policy of the opposition Labour Party and this would be especially sensitive now because it undermines the core Conservative values

Govt calls off EoI process to sell 53% stake in BPCL

30 May 2022

Blackstone unit acquires 49% stake in US LNG facility

25 May 2022

Govt slashes excise duty on petrol, diesel; announces subsidy on LPG

23 May 2022

The reduction in excise duty will reduce the price of petrol by Rs9.5 per litre and that of diesel by Rs7 per litre while the reintroduction of subsidy will reduce the price of LPG for domestic consumption by Rs200 per cylinder

Oil PSUs sign long-term purchase agreement for upcoming dedicated ethanol plants

16 May 2022

Replacing Russian oil a difficult task for EU, warns Opec

12 Apr 2022

NTPC in pact with Gujarat Gas to blend green hydrogen in piped natural gas

11 Apr 2022

Fuel prices up 80 paise a litre with first revision since 1 December

23 Mar 2022

Ukraine crisis to drive fuel costs in India by Rs21-24 per litre

08 Mar 2022

The sharp increase in crude prices has widened the gap between the actual cost and retail prices of petrol and diesel, leading to under-recovery for retailers as every $1 increase in crude price impacts retail rate by 70-80 paise

Crude oil nears $100 a barrel amid fears of Russian invasion of Ukraine

08 Mar 2022

HGS to acquire Diversify Offshore, Australia

31 Jan 2022

Alka Mittal becomes first woman CMD of ONGC

05 Jan 2022

Mittal, who has been serving as director (HR) since 27 November 2018 and  the senior-most director on the board of ONGC, will serve as CMD of the energy `Maharatna’ for a period of six months beginning 1 January 2022

Opec+ set to foil consumer nations’ move to cool oil prices

26 Nov 2021

Oil prices are expected to remain firm despite co-ordinated moves by oil consumers to release strategic stocks as the producer cartel Opec+ has agreed among themselves to reduce supplies to ensure that the market is not oversupplied

Reliance to spin off gasification assets

25 Nov 2021

Cabinet approves mechanism for ethanol procurement, hikes prices

16 Nov 2021

RIL exits shale business in US

09 Nov 2021

More states follow centre's excise duty reduction to effect fuel price cuts

05 Nov 2021

Commercial LPG cylinder price increased by Rs266 from 1 November

05 Nov 2021

ONGC Videsh begins exploratory drilling in Bangladesh

04 Oct 2021

Govt hikes prices of domestic natural gas by 62% to $2.90 per mmBtu

01 Oct 2021

Petrol, diesel prices in India continue to rise as global crude prices hit 3-month highs

28 Sep 2021

First EOI for long-term agreement with upcoming ethanol plants receives overwhelming response

20 Sep 2021

LyondellBasell weighing strategic sale of its Houston refinery

13 Sep 2021