oil and gas - upstream activities

Nigeria’s new President faces old problems

Nigeria_Bola_Tinubu_Presidential_Inauguration_10385.jpg

Nigeria faces a binary situation — a peaceful and orderly transfer of power contrasted by a puzzling inability to realise the socio-economic potential of an oil-rich and fertile country

Eye on oil: on oil prices and India

OPEC+ begins meetings that may agree further output cuts

OIL starts aerial seismic survey in logistically difficult, hostile areas

The Hindu Bureau

Govt. asks industry to cut edible oils MRP by ₹8-12 per litre as global prices drop

European Union’s (EU) Foreign Minister, Josep Borrell. File.

EU Foreign Minister says Europe should stop entry of Indian products made from Russian oil

The problem with India’s multi-alignment stand

Indane customers irked as backlog of refill domestic cylinders piles up

Officials believe the piped gas network will bring the cost of availing of cooking gas down by 15 to 20%

Puducherry to soon have piped gas connection facilities

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India leads five countries named as the “Laundromat” countries that buy Russian oil and sell processed products to European countries, thus sidestepping European sanctions against Russia, says a Helsinki-based group. File.

Morning Digest | India leads ‘Laundromat’ countries buying Russian crude, selling refined products to Europe; U.S. projected to hit debt ceiling as soon as June 1, and more

The Hindu Bureau

Image for representative purpose only.

India is now Europe's largest supplier of refined fuels: Kplr

Local women of the Barsu village stage a protest against the petrochemical refinery project in the area in Ratnagiri district on April 25.

Why are villagers in Konkan opposing the proposed multi-billion dollar Ratnagiri Refinery project in Maharashtra?

Abhinay Deshpande

Union Commerce Minister Piyush Goyal meets International Energy Agency head Fatih Birol in Paris. Photo: Twitter/@fbirol

OPEC+ output cut may lead to higher oil prices, push up India's import bill: IEA

Oil and gas exploration companies seek police support for safe operations in Krishna-Godavari basin

The Hindu Bureau

On April 3, 2023, the Organization of the Petroleum Exporting Countries acknowledged the crude oil production cuts announced by major oil-producing countries. File

Explained | Why have key oil producers vowed output cuts?

Priyali Prakash

Pause and effect: On the temporary pause to inflation-battling monetary tightening

The move is aimed at diversifying Sri Lanka’s retail fuel market that is currently a duopoly, with the state-owned CPC and Indian Oil Corporation subsidiary Lanka IOC, which controls a third of the market

Sri Lanka clears global oil giants’ entry into retail fuel market

Meera Srinivasan

Rameswar Teli. File

Former unit of Russian energy giant Gazprom commits four LNG cargoes to India

Congress spokesperson Gourav Vallabh. File photo

Congress asks the government why it can’t pass on the benefit of lower crude prices to consumer

The Hindu Bureau

Despite Indian oil marketing companies now making a profit of ₹11.1 per litre of diesel and ₹8.7 per litre of petrol, consumers hoping for a retail price cut amid persistently high inflation are unlikely to get any relief soon, analysts say. Image for representational purpose only.

Crude oil slump a boost for oil companies, consumers will have to wait for relief

Prime Minister Narendra Modi and Bangladesh Prime Minister Sheikh Hasina jointly inaugurate the India-Bangladesh Friendship Pipeline (IBFP) from Siliguri (India) to Parbatipur (Bangladesh) via video conferencing, on Saturday.

Oil pipeline with India will play vital role in ensuring fuel security in Bangladesh: PM Hasina

Photo used for representational purpose only. Besides incorporating the changes in their tender, Reliance and BP have increased the duration of supply contract to 5 years instead of 3 years offering the January auction. File

Reliance re-auctions gas in line with new govt rules

Western Sanctions have led Russia to sell more than twice as much crude to Asia in the year to January. Illustration for representation only

Analysis | Russian sanctions shift oil price-making power to Asia from Europe

India has been snapping Russian oil that was available at a discount after some in the West shunned it as a means of punishing Moscow. File

India's Russian oil imports hit record high in February; now more than Iraq, Saudi put together