Indian Energy Industry News & Updates - Oil & Gas

📅 25 Oct 2021, Monday

📝  TotalEnergies CEO says gas price spike unlikely to be sustained
📝  Exxon looks to buy stake in ONGC's Indian deep sea fields
📝  IOC expects 100% refinery run within a quarter as fuel demand returns
📝  Switching to gas for firing power plants not easy

📅 23 Oct 2021, Saturday

📝  Indian refiners willing to join forces for cheaper oil imports
Bharat Petroleum to merge Bina oil refinery with itself
Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) on Friday said its board has approved the merger of the unit that operates the Bina oil refinery in Madhya Pradesh with itself.
📝  Petronet sees LNG price surge spurring long-term contracts
📝  IOC expects 100% refinery run within a quarter as fuel demand returns
📝  Crude oil futures rise on spot demand
📝  Petrol prices up by Rs 34, diesel Rs 29.5 in two years
📝  Cairn Oil and Gas hopes to recover around $4-billion investment

📅 22 Oct 2021, Friday

📝  India MRPL seeks to replace ADNOC oil with Saudi grade in Mangalore SPR
📝  GAIL to build India's largest green hydrogen plant
📝  Qatar Energy says it is committed to being trusted supplier to India
📝  Power Secretary stresses on strategic fuel reserves to deal with supply shocks
📝  Jio-bp to open 1st petrol pump near Mumbai
📝  India's HPCL chair says 'high' crude prices could weigh on fuel demand
📝  Gulf Oil brings e-fluids for Hybrid and EV passenger cars
📝  Centre rules out any proposal of fuel duty cut

📅 21 Oct 2021, Thursday

📝  High oil prices will undermine global recovery, warns India
📝  Exxon board debates dropping several major oil and gas projects
📝  Oil drops as China considers intervention to ease coal crunch
📝  India plans refiners' joint oil deals to cut import bill
📝  Risk going long on natural gas futures

📅 20 Oct 2021, Wednesday

📝  Pvt co offers to set up charging stations for electric vehicles
📝  Duty relief on fuel expected to brighten festive mood in country
📝  ‘No state is stepping up on bringing fuel under GST’
📝  India plans to form group of PSU, private refiners to seek better oil import deals: Oil secretary
📝  Constant rise in fuel cost hits transport biz, owners & employees change jobs
📝  OPEC+ misses target again, as some members struggle to raise oil output
📝  ‘India lobbying with oil producers for crude under $70’
📝  No respite from petrol, diesel price hike yet as govt talks underway: Sources
📝  Green fuels to power Adani Enterprises' petrochemicals business
📝  'Fuel prices are leading to big crest, pose challenge': Finance Minister Nirmala Sitharaman
📝  India will produce the cheapest hydrogen in the world: Gautam Adani

📅 19 Oct 2021, Tuesday

📝  Inside India’s race to secure lithium
📝  ExxonMobil India announces new CEO, lead country manager
📝  High oil prices to hurt world economic recovery: India to OPEC
📝  No hike in fuel prices on Monday, relief for consumers facing historic high rates
📝  India's diesel sales fall in October, data shows
📝  No immediate relief in diesel/petrol prices, govt talks underway: Sources
📝  BPCL privatisation likely to face a bump on rising fuel prices in India
📝  Fourth edition of the Castrol Super Mechanic Contest launched in India

📅 18 Oct 2021, Monday

📝  Petrol, diesel price hiked again; cost 30% more than ATF
📝  Sri Lanka seeks $500 mn loan from India for fuel purchase
📝  Govt to decide tax cut on petrol after reviewing the state's economy: Karnataka CM
📝  Belagavi gets its EV fast-charging station
📝  Chandigarh to give incentive up to Rs 1.5 lakh on EV purchase
📝  Global oil market is tight, despite what producers say
📝  ONGC Videsh asks Iran to share details of Farzad-B gas field contract
📝  OVL has right to 30% stake in Iranian gas field, say officials
📝  Country’s oil import bill has risen in just 5 months of FY22

📅 16 Oct 2021, Saturday

📝  Essar submits planning application for hydrogen production plants
📝  Brent oil hits $85 as energy crisis stokes demand
📝  ‘Impact on CAD of crude oil, coal prices to be temporary’
📝  OPEC predicts this year's global oil demand will make up 65% of loss in 2020
📝  Petrol, diesel prices rally to highest ever levels
📝  Lucas TVS plans foray into electric vehicle charging infrastructurec
📝  Shell names Sawan as head of gas and renewables

📅 15 Oct 2021, Friday

📝  Mass Emission Standards for E12 and E15 fuels notified for automobile industry
📝  Oil prices climb on upgrade to IEA demand forecast
📝  Rising global oil and coal prices pose macro risks: Analysts
📝  Petrol, diesel prices rise after two-day pause
📝  Centre should forego cess to reduce petrol, diesel prices: Kerala Finance Minister
📝  OVL Seeks Waiver of US Sanctions on Venezuela to Recover Dividends
📝  BPCL makes fuelling easier, launches automated technology 'UFill'. How it works

📅 14 Oct 2021, Thursday

📝  India's September fuel demand steady, rising oil prices cloud outlook
📝  OPEC trims 2021 demand forecast but says gas price surge could help
📝  India’s oil demand to rise 50% by 2030 against global expansion of 7%: Report
📝  Nitin Gadkari emphasises on adoption of alternative fuels
📝  Oil steadies as energy crunch stirs up volatility, recovery concerns
📝  CNG, PNG prices hiked in Delhi and NCR. Here's what it will cost you now
📝  PESB picks Sukla Mistry as the next Director (Refineries) at Indian Oil
📝  Power Grid Corp gains 4% as board okays investment in EV charging station

📅 13 Oct 2021, Wednesday

📝  Oil nears three-year high on energy crunch fears
📝  PGCIL board okays Rs 14.23-cr EV charging station, creation of telecom, digital arm
📝  Crude oil futures dip on weak spot demand
📝  India can cut carbon emissions by deploying renewables, gas power: GE Gas Power
📝  Looking forward to working with India to make it energy independent by 2047: ExxonMobil leadership
📝  Petrol, diesel price rise pause after a week of increase
📝  NTPC, Gujarat Gas to 'blend' hydrogen for homes
📝  Tata installs electric chargers at Worli bus depot, fourth BEST depot to be completely electrified
📝  CNG, PNG prices hiked in these cities: Here's how much you need to pay

📅 12 Oct 2021, Tuesday

📝  Fuel prices to pinch harder as crude tops $83/barrel
📝  Delhi leads NCR in clean-fuel switch
📝  Crude jumps on global energy crunch; U.S. oil at 7-year high
📝  State govt starts finalising EV charging infra policy
📝  Commissioning EV charging stations a step closer
📝  EV charging, dispensation of biofuel can begin before start of petrol sale: Govt
📝  GAIL tender: CCI imposes penalty on two firms for bid rigging
📝  Now charge your EV in just 15 minutes! All about Exponent Energy’s new battery pack, charging station
📝  Hydrogen power will see significant opportunities in the heavy-duty transportation market — Anand Chordia, Air Products
📝  Sudan admits it owes $100 mn to ONGC Videsh
📝  Go long on natural gas with stop-loss at ₹375

📅 11 Oct 2021, Monday

📝  Need to boost biofuel production to reduce dependence on import of crude oil and fuel gases: Nitin Gadkari
📝  EV charging stations, CNG outlet at petrol pumps before petrol sales: Govt
📝  Housing societies make a dash for setting up EV charging infra
📝  Oil rises 4% in week as energy crunch shows no signs of easing
📝  Oil rises 4% in week as energy crunch shows no signs of easing
📝  Ethanol blending programme in all states now
📝  Flagged our concerns on high petrol taxes; up to govt to take decision: RBI Governor
📝  IOC plans to use grey hydrogen to make aviation fuel
📝  EV charging stations, CNG outlet at petrol pumps before petrol sales: Govt

📅 09 Oct 2021, Saturday

📝  Oil climbs on switch from gas and doubts over U.S. releasing reserves
📝  Petroleum Ministry approves revised project cost of Rs 28,026 crore for the Numaligarh Refinery
📝  Diesel price hovers near 100-mark in Mumbai, petrol at Rs 109.54 per litre
📝  Centre dismisses fears that ethanol plan would affect food security, says it would benefit farmers
📝  EV charging infrastructure company Magenta announces collaboration with BSES
📝  Ethanol blending with petrol seen at 8.3 per cent in 2020-21; blending achieved across all states

📅 08 Oct 2021, Friday

📝  OPEC+ caution and money behind reluctance to pump more oil
📝  Crude oil futures dip on weak spot demand
📝  Petroleum Ministry calls reports about ethanol plan affecting the country’s food security as malicious
📝  BPCL Privatisation: SEBI unlikely to exempt open offers for Petronet, IGL
📝  IOC to set up Rs 3,200-crore R&D centre in Haryana
📝  Petrol, diesel prices at record high levels as rates hiked again
📝  Reports of ethanol policy threatening food security are malicious, says Govt

📅 07 Oct 2021, Thursday

📝  Tata Power plans big, aims for 10,000 charging stations in 5 years
📝  Govt asks oil & gas companies to present a detailed plan for Hydrogen by month-end
📝  Petrol and diesel prices rise sharply as global oil climb continues
📝  US oil rises to highest since 2014 amid global energy crunch
📝  Oil drops after hitting multi-year high amid global energy crunch
📝  Saudi Aramco hits $2T valuation on back of higher oil prices
📝  Natural gas price spikes 25% on soaring demand
📝  IOC to set up new R&D centre in Faridabad
📝  ATUM Charge launches 10 solar powered charging stations across the country on a single day
📝  BPCL sale: Centre allows 100% foreign investment
📝  Indian Oil in talks with state transport undertakings for hydrogen projects

📅 06 Oct 2021, Wednesday

📝  India to introduce flexible fuel vehicles soon to increase ethanol use
📝  Oil at 7-year high after OPEC+ decides on cautious increase
📝  Oil jumps 2%, hits 3-year high as OPEC+ sticks to output plan
📝  'Substantial' increase in petrol, diesel on the cards as crude crosses $82 a barrel
📝  PowerBank sets up world’s highest EV charging stations across Ladakh, HP
📝  Asia's energy crunch boosts coal and LNG, but threatens their future
📝  Silicon, hydrogen to emerge as 'New Oil' for RIL
📝  Fuel prices linked to global oil rates, Centre, states have to handle issue: Sitharaman
📝  Public urges Centre to reduce fuel prices
📝  Gas price increase positive for ONGC, Reliance: Fitch
📝  An ambitious ethanol plan sparks food security fears in India

📅 05 Oct 2021, Tuesday

📝  Oil at 7-year high after OPEC+ decides on cautious increase
📝  Vedanta plans to invest $20 billion; eyes selloff of BPCL among others
📝  OPEC+ sticks to planned output increase despite soaring prices
📝  India asks Coal India to invest in electric vehicles, charging pods
📝  Net oil importer India left with few options as international oil prices surge
📝  ExxonMobil upgrades Mobil Super Moto range of 2W engine oils
📝  Mahanagar Gas hikes CNG, PNG prices by Rs 2 each

📅 04 Oct 2021, Monday

📝  CNG, PNG prices hiked in Delhi, other markets
📝  Oil rises above $78 as Opec+ meeting looms
📝  Crude oil futures dip on weak spot demand
📝  Nearly 17 mn tonnes of surplus foodgrains to be used for ethanol making: Food Secy
📝  India's energy demand grows at slower pace in September
📝  Petrol, diesel at all-time high
📝  Subhash Kumar gets second extension as ad-hoc ONGC chief
📝  This Indian state to get 100 EV charging stations by the end of the year
📝  After oil, gas price may see surge upsetting CNG, PNG rates
📝  100 electric charging stations in Kerala by December, says Minister
📝  Will invest Rs 800 crore in Maharashtra, says Indian Oil
📝  E-vehicle charging stations at old tram depots soon: Minister
📝  Torrent Gas starts PNG supply to Gorakhpur in UP
📝  Raft Motors to set up 1 lakh charging stations across India
📝  All vehicles in India should run on ethanol: Gadkari

📅 01 Oct 2021, Friday

📝  Govt hikes gas price by 62%; CNG rates may go up
📝  Crude oil futures rise on spot demand
📝  MRPL, ONGC start-up in pact for door delivery of diesel
📝  ONGC Videsh starts exploratory drilling campaign in Bangladesh
📝  1,300 VRS applications accepted in 2020-21: BPCL
📝  Domestic gas price hiked to $2.9 per mBtu, ceiling raised to $6.3 per mBtu

📅 30 Sep 2021, Thursday

📝  All districts to get EV charging stations by November: Minister
📝  Petrol, diesel prices remain unchanged on Wednesday
📝  SC rejects Adani Gas’ plea challenging regulatory authorisation for Gujarat Gas to operate in 3 locations
📝  India's oil demand to more than double by 2045: OPEC
📝  Halting investments in fossil fuels 'wrongheaded', warns OPEC
📝  Power Global partners with PositivEnergy, Redivivus for battery management
📝  The future of EV recharge: ​Abhimanyu Goyal
📝  Ather Energy extends free charging till December 2021: 500 fast chargers by March 2022
📝  Despite India's EV push, Opec says country will be hooked on oil for years to come
📝  ‘India will be hooked on oil for years, EV push not to be complete success’
📝  EV plans may not fructify soon as India will be hooked on to oil for years to come: OPEC

📅 29 Sep 2021, Wednesday

📝  7 electric vehicle charging stations to come up in Bhubaneswar
📝  Record-high LNG prices will hurt sector in the long run: GAIL Chairman Manoj Jain
📝  Petrol and diesel prices rise after 3-week break
📝  Brent crude to hit USD 90 a barrel by end of year
📝  Reduction in GST, subsidy on conversion kits to push Auto LPG growth
📝  Russian oil and gas condensate output seen rising over 2.5% in Sept
📝  Oil climbs for sixth day on supply concerns, Brent tops $80
📝  MRPL ships naptha to OPaL
📝  ‘We now need ways to store energy, not fuel’
📝  Crude oil rally takes domestic petrol, diesel prices to record highs
📝  Exponent Energy to offer rapid charging to all EV owners: All details
📝  Shell, ReadyAssist team up to offer free lube change across 5,500 centres: All details
📝  Pre-pandemic level demand seen in the US, Europe and India: MK Surana, HPCL
📝   IGL provides record 3.1 lakh PNG connections in 2020-21 despite curbs
📝  Spike in crude prices can pressurise on Modi govt to cut excise duty

📅 28 Sep 2021, Tuesday

📝  Global oil demand to hit pre-Covid levels in 2022
📝  IGL, SDMC ink MoU to establish Waste to Energy plant
📝  Panic buying leaves up to 90% of fuel pumps dry in major British cities
📝  BPCL to invest Rs 1 lakh cr to become future-ready
📝  TotalEnergies expects rise in use of renewable energy in future
📝  COLUMN: Oil prices climb with little help from hedge funds
📝  Vitol CEO roots for WTI crude to be added in dated Brent benchmark
📝  Shell with ReadyAssist to set up quick lube change sites across India
📝  Govt intends to complete BPCL disinvestment by March-end: Company chairman
📝  IOC, CPCL start working on Rs 31,580-cr refinery project at Nagapattinam
📝  MPL in pact with UK’s Econic for new polyol tech
📝  eBikeGo to install one lakh smart charging stations in India: Details
📝  Fuelling inflation: Fuel prices pinching, get disinvestment right to lower fuel levies
📝  Record-high LNG prices will hurt sector in the long run: GAIL Chairman Manoj Jain
📝  BPCL plans to add EV charging stations
📝  State-run energy companies wait for key appointments
📝  Bharat Petroleum going for privatisation to spend Rs 99,650 crore to expand, diversify

📅 27 Sep 2021, Monday

📝  US, India launch task forces on Hydrogen, Biofuels to expand clean energy technologies use
📝  Allow the refineries in Assam to go ahead with 20 per cent ethanol blending: Himanta Biswa Sarma
📝  Diesel price rise again, petrol stable amid volatility in global oil markets
📝  India's crude imports rebound in August on strong demand outlook
📝  Hydrogen Economy
📝  GE is ready with a gas turbine for hydrogen
📝  World’s highest public EV charging station inaugurated in Spiti Valley
📝  World’s highest EV charging station installed at Kaza: All details

📅 25 Sep 2021, Saturday

📝  Govt eyes 20% ethanol blending with petrol, diesel by ’25
📝  Analysis-India state refiners to buy more light crude to boost gasoline output
📝  Hero Electric to set up 10,000 EV charging stations in India by 2022
📝  View: Inclusion of fuel under GST should be rule-based
📝  World's highest electric vehicle charging station inaugurated in Himachal Pradesh's Kaza
📝  Diesel price increased, petrol rate remains steady
📝  Focus on E&P, ethanol-blended fuel to become self-reliant country: Petroleum minister
📝  Essar Oil strengthens board with experts, experienced hydrocarbon execs
📝  Global oil and gas investment will be 30% below pre-Covid level: ONGC
📝  ONGC puts 2nd well in KG block on production
📝  Essar inducts hydrocarbon professionals to board
📝  'Centre approves Rs 1 lakh cr for oil, gas projects in NE'
📝  Cuts by Opec+ have impacted production of oil and gas: OVL

📅 24 Sep 2021, Friday

📝  Indian Oil Corporation collaborates with Automation Anywhere to accelerate automation
📝  National charging strategy must for India's EV transition
📝  Petrol prices not coming down as states don't want it under GST: Hardeep Singh Puri
📝  BPCL’s Kochi Refinery moves 1,000th truck of niche petrochemicals
📝  Managing risks of a green economy
📝  India's highest EV charging station set up in Himachal

📅 23 Sep 2021, Thursday

📝  In two months, Noida to get 40 charging stations for electric vehicles
📝  India's crude oil production falls 2.3 pc in August, gas output rises
📝  OVL seeks another 2-yr extension for exploring Vietnamese oil block in South China Sea
📝  ISGF study report on EV charging infrastructure planning and rollout for Bengaluru released
📝  Oil prices rise on expected U.S. stocks draw
📝  Crude oil futures rise on spot demand
📝  ARAI transfers tech to manufacturers as electric vehicles market grows larger
📝  Explained | Why did GST Council refuse to bring petrol, diesel under its ambit?
📝  CPCL starts project work of 9 MMTPA new refinery
📝  CPCL kickstarts work for new mega refinery-cum-petrochemical unit
📝   ONGC organises a bouquet of activities
📝  Indian Oil inks five yr deal with Automation Anywhere to accelerate RPA

📅 22 Sep 2021, Wednesday

📝  L&T Hydrocarbon Engineering bags 'significant' orders
📝  Confidence lays foundation stone for 20 CNG stations in Bengaluru
📝  OPEC struggles to pump more oil to meet rising demand
📝  EVRE, Park+ join hands to set up 10,000 EV charging stations
📝  Adani Electricity Mumbai ties up with e-mobility service provider Yulu for charging, swapping batteries
📝  Oil rises as U.S. storm aftermath squeezes supply
📝  India's fuel ethanol consumption to rise to meet E20 target: Fitch
📝  Haldia Petrochemicals eyes $30-billion expansion, may hit Street
📝  A compromise amid uncertainty
📝  ARAI develops charger for Electric Vehicles
📝  High spot gas prices are weighing down investors of Petronet LNG
📝  Inside the fuel price feud between RBI and Centre

📅 21 Sep 2021, Tuesday

📝  ExxonMobil launches synthetic engine oil range for SUVs
📝  Petrol, diesel prices unchanged on Monday
📝  Oil down on stronger greenback, rising U.S. rig count
📝  Ather Energy opens its first experience centre in Goa, 17th in India: All details
📝  KEC International buys Gujarat company for oil & gas projects
📝  Rising Crude: Auto fuel price hike likely

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