​GOOD MORNING INDIA!

January,19,2019,Saturday

WEEKLY NEWS UPDATES IN OIL & GAS SECTOR 

LATEST NEWS

Jet Fuel Produced At Jamnagar Refinery From US, Mexican Crude Is Of Indian Origin: US Agency

Jet Fuel Produced At Jamnagar Refinery From US, Mexican Crude Is Of Indian Origin: US Agency

Jet fuel produced at the Reliance Refinery in Jamnagar from American and Mexican crude oil is of Indian-origin for the purpose of procurement by the US government, a federal agency has determined.

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MOST NOTABLE STORIES OF THE WEEK

A big drop in oil prices is not good for US economy: Seth R Freeman, GlassRatner Advisory

A big drop in oil prices is not good for US economy: Seth R Freeman, GlassRatner Advisory

There has been a lot of speculation about the outcome and various analysis have come out based on what the announcements might be like. They could say we are not changing anything though we have agreed to talk and keep talking and that might give some hope.

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Speedy CNG infrastructure development in India can enable huge savings on crude oil imports: Nomura Research

Speedy CNG infrastructure development in India can enable huge savings on crude oil imports: Nomura Research

Nomura Research Institute (NRI), a leading global management consulting enterprise, says betting big on CNG will help India sharply cut down its dependence on fossil fuels for transportation purposes.

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UAE downplays fuel shortage concern, says it has strongly stood with India to cover deficit

UAE downplays fuel shortage concern, says it has strongly stood with India to cover deficit

The UAE odownplayed India's concerns about rising fuel prices and possible oil shortage after the six-month US relief to stop import of Iranian oil by New Delhi ends, saying the emirate and Saudi Arabia have stood very strongly with India to cover the deficit in the past.

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Maharashtra stays land acquisition for Nanar refinery after talks with Shiv Sena

Maharashtra stays land acquisition for Nanar refinery after talks with Shiv Sena

The Maharashtra government has stayed the land acquisition process for the controversial Nanar refinery project after consulting the Shiv Sena, Chief Minister Devendra Fadnavis told the Legislative Assembly Wednesday.

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Wave of refinery shutdowns may push India into importing fuel next year

Wave of refinery shutdowns may push India into importing fuel next year

A wave of shutdowns will hit Indian state-owned refineries next year as the country prepares for cleaner fuels from April 2020, company officials said, in moves that could temporarily dent oil demand and push up imports of refined fuels.

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News digest: PCA framework, oil prices impact, More power to ROCs, and more

News digest: PCA framework, oil prices impact, More power to ROCs, and more

Foreign investors may come back to India because of the fall in oil prices and the improvement in the domestic fundamentals, but that could happen only after they make sure the oil correction is here to stay and India’s deficits are bridged. Read more

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