Page 15 - Oil And Gas

Oil prices rebound after knock from United States driving season data

Brent crude oil futures were up 18 cents, or 0.25%, at $72.40 a barrel by 1024 GMT,

Production from blocks awarded in first round auctions expected in a week

Third round of discovered small field auctions begins

Government offers 32 areas in latest small oil, gas field auction

India is the world's third biggest oil importer and consumer

India's natural gas consumption starts to stage recovery in June

Gas consumption has returned to its normal level in the last week: Manoj Jain, chairman of GAIL (India)

GAIL's Q4 net jumps 28% to Rs 1,908 cr as petrochemical margins soar

Higher profitability was mainly due to improved performance of the petrochemical business as well as natural gas marketing and LPG segment

GAIL split plan scrapped, company to monetise pipelines instead

The company will monetise some of its pipelines by selling a minority stake through InvIT

Shell to accelerate emissions cuts after Dutch court ruling, says CEO

The oil and gas giant still expects to appeal the verdict and believes it has been unjustly singled out, Chief Executive Ben van Beurden said in a statement posted on LinkedIn.

Brent oil benchmark hits two-year high, WTI highest since 2018

Brent crude futures were up 32 cents, or 0.3%, at $72.42 a barrel at 0911 GMT

Oil prices extend losses on profit taking and a stronger US dollar

Brent crude was down 37 cents, or 0.5%, at $71.12 a barrel by 1335 GMT

Reliance Industries set for windfall gain from oil and gas vertical

According to Harsh Dole, vice-president of IIFL, the commercialisation of key gas discoveries of RIL are no less than a game changer

Oil extends gains on OPEC+ supply discipline and demand prospects

Brent rose 84 cents, or 1.2%, to $71.09 a barrel at 1011 GMT.

US President Biden suspends oil leases in Alaska's Arctic refuge

This reverses a drilling program approved by the Trump administration

IAS officers Avinash Joshi, Niraj Verma among 10 in fray for ONGC top job

ONGC is India's largest oil and gas producer

Oil inches higher as upbeat demand outlook counters supply concerns

Brent was up 33 cents, or 0.5%, at $69.79 a barrel by 1333 GMT

Oil prices steady as Iran supply concerns offset demand outlook

Brent crude was down 16 cents, 0.2%, to $69.30 a barrel by 0809 GMT

BPCL may resume Iranian oil buying if no sanctions, needs concessions

India is the world's third largest oil consumer and importer

US pipeline operators ordered to increase cyber defenses after hack

This comes after a ransomware hack that disrupted gas supplies in several states this month.

BPCL declares record Rs 12,581 cr dividend ahead of privatisation

Bharat Petroleum Corporation Ltd (BPCL) on Wednesday declared a record Rs 12,581 crore dividend, more than half of which will go to the government, ahead of the privatisation of the company.

DSF-III likely to see more oil and gas discoveries, fewer new players

It is expected that the third round of DSF auctions will have 32 contract areas on offer for bids spread across 75 fields

Court orders Royal Dutch Shell to cut net carbon emissions by 45%

The Hague court did not say how Royal Dutch Shell should achieve the ordered cutback