Page 15 - Oil And Gas

Oil holds near 3-year highs after OPEC+ keep tight control of taps

Oil prices have already surged more than 50% this year

Reliance floats subsidiary in United Arab Emirates for trading in oil

The plans follow an announcement in June that the Indian conglomerate will invest in projects of Abu Dhabi National Oil Co

Asian LNG prices surge to record high this week as winter starts

The average LNG price for November delivery into Northeast Asia was estimated at about $32 per metric million British thermal units (mmBtu)

India's energy demand grows at slower pace in September

Electricity consumption rose 0.8% in September, compared with 17.1% growth in August

Oil prices dip below $74 with global power crunch in focus

Futures in New York pared earlier gains as the dollar erased losses

Opec says India will be hooked on oil for years to come

Opec meets almost 71% of India's crude oil requirements

ONGC, RIL among likely winners in Asian markets from China's energy crunch

More than half of China's mainland provinces are limiting electricity use, forcing factory shutdowns that are reverberating through global supply chains.

OPEC forecasts crude oil demand rebound before post-2035 plateau

Oil use will rise by 1.7 million barrels per day in 2023 to 101.6 million bpd, OPEC said its 2021 World Oil Outlook

Britain puts military on standby as panic buying leaves pumps dry

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Bharat Petroleum to invest Rs 1 trillion to become future-ready

India's second-largest fuel retailer is looking to create a 1,000 MW portfolio of renewable power generation capacity

Energy shares lead charge as crude oil prices soar to 3-year highs

Oil shares lead charge as crude hits new 3-year highs

As OPEC reopens the taps, African giants losing race to pump more

The oil not pumped is worth hundreds of millions of dollars.

Global oil and gas investment will be 30% below pre-Covid level: ONGC

Says country's energy mix leans heavily on fossil fuels, which meet 90% of domestic demand; India's energy needs to at least double by 2050 with strong growth expected in natural gas

India state refiners to buy more light crude to boost gasoline output

The move dovetails with an earlier push to reduce India's reliance on Middle Eastcrudes to enhance energy security.

India's crude oil production falls 2.3% in August, gas output rises

India's crude oil production fell 2.3 per cent in August but natural gas output rose by more than a fifth on the back of output from KG-D6 fields of Reliance-BP

OPEC sees stronger demand for its crude oil this year and next

The latest data from the group indicate that the world will continue to face an oil supply deficit in the coming months even as its members revive idle production.

Here's why US crude oil supplies took such a big hit from Hurricane Ida

The damage to offshore platforms, pipelines and even helipads was so severe that two out of every three barrels of crude normally pumped from the U.S. sector of the Gulf of Mexico are unavailable.

OMCs continue to hold fuel price revision for sixth straight day

In the national capital, petrol was sold for Rs 101.19 per litre on Saturday.

Fossil fuels can still see a price boom in the decarbonisation era

The current price spike has multiple sources

UAE oil producer Adnoc to list drilling unit in Abu Dhabi IPO

The proposed listing comes as Abu Dhabi tries to revive IPOs on its bourse