Page 17 - Oil And Gas

Reliance, Saudi Aramco discuss cash and share stake deal: Report

Reliance is reported to have held talks with Saudi Aramco on a cash and share deal for sale of a 20 per cent stake in its oil refining and petrochemical arm

OPEC+ to meet Tuesday amid concern about rising coronavirus cases

OPEC is responsible for over a third of global production

Oil up, but gains limited amid demand concerns as India reels from Covid

Brent crude was up 40 cents, or 0.6%, at $66.05 a barrel by 0658 GMT

Oil marketing companies keep fuel prices unchanged for tenth straight day

Petrol and diesel prices were unchanged across the four metros

Brace for increase in petrol, diesel prices post assembly elections

Oil companies looking to raise the retail price of the two auto fuels between Rs 2 and Rs 3 per litre in phases

India's crude oil output drops 5%, gas production falls 8%: Govt data

Private and public sector firms produced less

Oil hits $68 on Libya force majeure, although pandemic surge weighs

U.S. crude stockpiles are expected to drop by 2.9 million barrels in weekly reports.

Oil prices slip as rising coronavirus infections spark demand concerns

Brent crude was down 17 cents

Oil climbs to four-week high on strong China data, demand revival

Brent crude futures rose 30 cents

Oil prices register one-month highs as IEA and OPEC raise forecasts

Global oil demand and supply are set to be rebalanced in the second half of this year

Oil maintains upward momentum despite fresh coronavirus fears

The dollar hit three-week lows on Wednesday, making crude cheaper for countries using other currencies.

State-owned ONGC seeks buyers for KG gas, wants minimum $6.6 price

ONGC on Monday invited bids for the sale of initial 2 million standard cubic meters per day of gas from its KG basin fields

Oil and gas production continues to elude discovered small fields

Officials from many new entrants to India's upstream oil and gas exploration sector point fingers towards delays in clearances and faulty data

Oil prices climb on favourable outlook for United States fuel demand

Oil prices climb on favourable outlook for United States fuel demand

Saudi Aramco agrees $12.4 billion deal to sell stake in pipelines

Consortium of investors led by US-based group buys 49% stake in newly formed venture

Gas producers continue to bleed as govt-dictated prices remain low: Icra

Natural gas production remains a loss-making proposition for most fields for the Indian upstream producers

99.99% RIL shareholders cast votes in favour of O2C biz demerger

The demerger scheme provides for transfer of O2C Undertaking from RIL to transferee firm on a slump-sale basis for a lumpsum consideration

Reliance gets shareholders nod for hiving off O2C into separate unit

The firm said it has secured approval of its shareholders and creditors for hiving off its oil-to-chemical (O2C) business into a separate unit.

Subhash Kumar takes additional charge as ONGC CMD

Kumar is also the firm's director (finance) and has over 36 years of experience in diverse activities across the Exploration & Production value chain

Privatisation-bound BPCL acquires OQ's stake in Bina refinery

Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) on Wednesday said it has acquired partner OQ's entire stake in the Bina refinery project in Madhya Pradesh for Rs 2,400 crore.