Topics: Oil and Gas Business

Why is a Distant War Burning your Wallet?

In the late 80s, India faced a balance of payments crisis. Unable to pay for its oil imports (a fraction of what we import...

Market Analysis by Abhishek Goenka: Global Risk sentiment holds positive

Overall global risk sentiment was positive heading into the weekend with China reaffirming its commitment to adhere to the one phase trade deal with...

Fire Breaks out at Assam’s Oil well in Tinsukia

A huge fire broke out at a natural oil-producing well in the Tinsukia district of Assam.
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Saudi Arabia cabinet asks OPEC+ countries to reduce oil production rate

The cabinet of Saudi Arabia has urged the OPEC+ countries to reduce the rate of oil production to restore balance in global crude markets. Quoting...

Market Analysis: OPEC+ agrees to a historic production cut

OPEC+ agreed to the largest production cut ever of 9.7 mbpd which accounts for 10% of the daily global crude supply. US, Brazil, and...

GAIL to infuse Rs 1.05 lakh crore to create infrastructure for gas-based economy

GAIL India Ltd, the country's largest gas utility, will invest Rs 1.05 lakh crore over the next five years to expand pipelines, lay city...
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Report: India to import record high volumes of LNG, as prices hit an all-time low on coronavirus outbreak

India is set to import record volumes of liquefied natural gas (LNG) this month, data shows, taking advantage of the super-chilled fuel's price hitting...

Coronavirus Outbreak: Oil prices steady as coronavirus related demand concerns weigh

Oil prices were little changed on Monday as concerns of falling fuel demand caused by the economic fallout from the coronavirus outbreak in China...

Petronet LNG Ltd records the highest profit of Rs 675 crore in Q3

India's largest liquefied natural gas importer Petronet LNG Ltd on Monday reported a profit of Rs 675 crore in the third quarter of December...
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Samridhi Highway Solutions launches “Fuel Humsafar,” a door-to-door fuel delivery service in Delhi NCR

Delhi-based fuel delivery startup Samridhi Highway Solutions has announced the launch of 'Fuel Humsafar,' a doorstep fuel delivery service in Delhi NCR. The new service...

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