Page 14 - Oil And Gas

Petrol nears Rs 100 in national capital after yet another price hike

In Delhi, the petrol price soared to Rs 99.86 per litre. Diesel rates were unchanged at Rs 89.36.

Domestic gas price to be raised by 60% from Oct: ONGC's Subhash Kumar

This will offer relief to exploration companies that have found it hard to sustain profitability in the face of low domestic price

Why PM's goal on raising oil and gas production will be unattained in 2022

Modi aimed at lowering it by at least 10 per cent by 2022 - to coincide with the platinum jubilee of India's independence

Crude oil prices inch up ahead of OPEC+ decision on supply cuts

Brent crude for September gained 15 cents, or 0.2%, to $74.77 a barrel by 0629 GMT

OPEC+ panel sees risk of oil market imbalance after April 2022 -report

The panel, known as the Joint Technical Committee, sees an overhang of crude by the end of 2022 under different scenarios looking at supply and demand in the oil market, the report showed.

OVL on an oil slick, struggles with geopolitical and domestic challenges

Covid-19 has added to these issues. It has not only impacted the demand for fuel but also made the acquisition process slower.

RIL reinvents, again

The scale of its green energy debut is stunning

RIL to invest Rs 75,000 cr in clean energy, build 4 giga factories: Ambani

It will also set up a platform for renewable energy project finance to source long-term global capital for investment in these sectors

India presses OPEC for affordable oil, phasing out of production cuts

As a result, OPEC's share in India's oil imports has dropped to about 60 per cent in May from 74 per cent in the previous month

Reliance to conclude Aramco deal this year; Aramco rep on co board

Ambani said RIL is looking forward to "welcoming Saudi Aramco as a strategic partner in our O2C business".

Gas infrastructure across Europe leaking planet-warming methane - video

The EU is proposing laws this year that will force oil and gas companies to monitor and report methane emissions, as well as improve the detection and repair of leaks.

India's crude oil output slips 6.3% in May, gas production jumps

Crude oil production at 2.43 million tonne in May was 6.32 per cent lower than 2.6 million tonne output in the same month last year

Oil prices fall amid dollar strength; demand picture still bullish

Brent crude futures were down 52 cents, or 0.7%, at $72.56 a barrel as of 1100 GMT

Oil prices hit new high near $75 on demand rise, falling inventories

Brent has risen 44% this year

OVL-led consortium asks Iran for 30% share in Farzad B discovery

The company has written to the Iranian authority asking it to share the agreed technical proposal and contractual terms, and conditions for development

Oil trades at multi-year highs on demand expectations H2CY21 onwards

OPEC+ producers have been gradually relaxing record output curbs in recent months.

OPEC+ will need to boost output to meet 2022 demand recovery: IEA

The IEA shocked the energy industry with its "Net Zero by 2050" report on May 18

Oil prices dip, but head for third weekly rise on demand recovery

Brent crude futures edged down 4 cents, or 0.06%, to $72.48 a barrel at 0658 GMT

DSF Round 3 auctions: 32 contract areas comprising 75 discoveries on offer

Production at DSF-1 Elao field expected to start in a week

Reliance Industry says Jamnagar unit shut since June 6, may hit exports

The refinery is part of the world's biggest refining complex in the city of Jamnagar in Gujarat