 | Diesel, LPG demand push up petroleum product consumption by 9.4% in July |
NEW DELHI, Domestic public and private oil refiners processed 3.6 per cent more crude oil into products in July year-on-year. This was to meet de... |
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| US offshore oil producers brace for Storm Isaac |
HOUSTON, Oil and gas producers in the Gulf of Mexico started preparing for Tropical Storm Isaac on Friday as its track looked to skirt the heart ... |
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| Oil slips below $115, set for fourth weekly gain |
London: Oil fell below $115 a barrel on Friday as signs of weakness in the global economy weighed on the demand outlook, although a host of suppl... |
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| India's petroleum production: Stagnation continues |
India's production of crude oil and natural gas continued to stagnate in July '12, show the data published by Petroleum Ministry today. The share... |
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| IGL tariffs under Par Standing Committee scanner |
Tariffs being charged by Indraprastha Gas or IGL are in the eye of a controversy again. After the petroleum regulator, the Parliamentary Standing... |
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| Loss laden OMCs seek ad-hoc price hike on diesel |
Saddled with record high under-recoveries on sale of fuel products, oil marketing companies have sought the oil ministry's permission for an ad-h... |
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| Petronet LNG plans to enlarge natural gas network in state |
Petronet LNG Ltd's (PLL) terminal worth Rs 4,200 crore which can produce 5 million tonnes of liquified natural gas (LNG) a year in the Puthuvype ... |
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| ONGC ropes in Mitsui for gas business news |
State-run Oil and Natural Gas Corporation (ONGC) has entered into a memorandum of understanding (MoU) with Mitsui & Company of Japan, under w... |
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| Punjab govt directed food supply department to supply LPG cylinder to all schools |
CHANDIGARH: With a view to ease problems in procurement of LPG cylinders for mid-day-meal preparations in the schools, the Punjab government has ... |
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| Greenpeace activists storm Russian oil rig |
MOSCOW: Greenpeace said that its activists have stormed a floating oil rig in Russia's Pechora Sea to protest oil drilling in the Arctic. Greenpe... |
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| IEA may release oil reserves as soon as Sept-report |
PARIS/NEW YORK, World oil consumers are poised to tap into emergency oil inventories as soon as early September after the International Energy Ag... |
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| IP gas project: Who will finance Pakistan's side of pipeline? |
ISLAMABAD: As Russia and China have not given confirmed financing the IP gas pipeline project, Pakistan and Iran will resume talks in the first w... |
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| Green energy: Hope via shale gas failure |
BRUSSELS/LONDON: Europe has been unable to repeat the shale gas revolution that has swept the United States, and that could prove to be the unlik... |
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| Azeri gas a game-changer for region |
BAKU, Azerbaijan, A natural gas pipeline planned through Turkey for European markets could provide significant political capital for Ankara, an a... |
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| Oil drops on reserves release report, storm limits loss |
Oil prices fell on Friday after a report that the International Energy Agency is likely to tap strategic oil reserves as soon as September, dropp... |
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| Nigeria fuel union calls off strike over subsidy |
ABUJA, A Nigerian fuel union called off Friday's planned nationwide strike over the government's non-payment of fuel subsidies after fraud invest... |
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| Syria casts net wide in search of oil deals |
LONDON, The Syrian government is negotiating deals with firms in London, Singapore and the Middle East to sell crude oil in return for the fuel i... |
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