Page 2 - Oil Reserves

Japan's plan to release oil reserve unchanged despite price drop: Minister

Japan's plan to release oil from strategic reserves despite the recent drop in oil prices, industry minister Koichi Hagiuda said

Oil mixed, investors sceptical about effectiveness of joint reserve release

TOKYO (Reuters) -Oil prices largely held gains Wednesday, with investors sceptical about the effectiveness of a U.S.-led coordinated release of stocks from strategic reserves and turning their focus to the next step by oil producers.

India to release 5 mn barrels of crude from reserves in bid to cool prices

This coordinated release of crude oil from strategic reserves will be the first of its kind globally

Oil prices slip on talks over release of emergency crude reserves

Oil prices dropped on Tuesday on growing talks that the United States, Japan and India will release crude reserves to tame prices

US set to unveil oil release from emergency stockpile to lower prices

The United States is expected to announce a loan of crude oil from its emergency stockpile on Tuesday

Top headlines: RBI reviews banks' strategies, Akasa orders 72 Boeing jet

The government is looking at classifying cryptocurrency exchanges as e-commerce platforms. More on that in Business Standard brings the top headlines at this hour.

India advises against sales of oil reserves at Adipec conference

The world's biggest oil and gas companies and many OPEC+ energy ministers are in Abu Dhabi this week for Adipec

In a first, China taps strategic reserves to cool down oil prices

The announcement comes amid surging energy costs in China, not just for oil but also for coal and natural gas, and electricity shortages that have forced some factories to cut production

Hindustan Paper Corp liquidator urged to disclose valuation of oil reserves

There are more than three natural oil well reserve points in the Cachar Paper Mill Township and the land area is reportedly in a lease rent agreement with ONGC

Next oil reserves plan by Sept, to see Rs 14K-crore investment: ISPRL

Request for proposal document awaiting Centre's nod

India saved Rs 5,000 cr by filling reserves with low-priced oil: Pradhan

The average cost of procurement of crude oil was $19 per barrel, as compared to $60 a barrel prevailing during January 2020

Essar Oil & Gas eyes new consumers for its CNG business in Unlock 1.0

Currently, the company has around 20 consumers, based in and around Durgapur in West Bengal

Budget 2020 Wishlist: Here are the key challenges for oil and gas sector

Resolving gas transmission and distribution infrastructure constraints are one of the industry's key demands

Private investment plans in India's strategic oil reserves get Cabinet nod

The strategic petroleum reserves facilities at Chandikhol and Padur will be underground rock-caverns and will have capacities to the tune of 4 MT and 2.5 MT respectively