​GOOD MORNING INDIA!

March,21,2019,Thursday

WEEKLY NEWS UPDATES IN OIL & GAS SECTOR 

LATEST NEWS

Shift To Natural Gas: EPCA To Call Meet With Delhi Industries

Shift To Natural Gas: EPCA To Call Meet With Delhi Industries

Dec 8 () Supreme Court-appointed EPCA will call a meeting specifically for industries in Delhi to discuss the progress from shifting from coal to natural gas, as it noted that the "ease of breathing" cannot be compromised for the "ease of business".

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MOST NOTABLE STORIES OF THE WEEK

ONGC misses oil target in Assam, but boosts gas output

ONGC misses oil target in Assam, but boosts gas output

ONGC has missed its oil production target for ASSAM in 2017-18. It had set a target to produce 5.9m barrels or 16,200 b/d over the fiscal but has produced only about 5.7m barrels or 15,700 b/d.

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Saudi to aid India in case of oil shortfall

Saudi to aid India in case of oil shortfall

Saudi Arabia has promised to augment its crude oil export to India in case of any shortfall in the supply from Iran in the wake of United States sanctions on the Persian Gulf nation.

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PM Narendra Modi’s views on oil prices taken seriously, says Saudi minister

PM Narendra Modi’s views on oil prices taken seriously, says Saudi minister

Oil cartel OPEC will consider views of world leaders such as Prime Minister Narendra Modi, who represent the voice of major consuming nations, with seriousness before taking a decision on cutting output to support falling prices

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Opec seeking 'sufficient cut' to balance oil market: Saudi Arabia

Opec seeking 'sufficient cut' to balance oil market: Saudi Arabia

Opec is looking for a "sufficient" cut in oil production among its members in order to prop up plunging crude prices, Saudi Arabia's oil minister said on Thursday.

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Centre to spend Rs 70,000 crore for gas pipeline network

Centre to spend Rs 70,000 crore for gas pipeline network

The Centre will initially spend Rs 70,000 crore to spread gas pipelines across the country, and is working out plans to expand gas network to Myanmar through Bangladesh, Union Minister Dharmendra Pradhan said Wednesday.

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Why Qatar has left OPEC, and how the decision will impact oil prices, India

Why Qatar has left OPEC, and how the decision will impact oil prices, India

Qatar — among the world’s smallest countries by area and the richest in terms of per capita gross national income ($128,000 or Rs 90 lakh, according to World Bank figures) — announced Monday it was walking away from OPEC

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LPG cylinder now used by 89% households

LPG cylinder now used by 89% households

Nine out of 10 Indian homes now use cleaner cooking gas, a record improvement over just about five in 10 homes four years ago, as a result of the Modi government’s relentless effort at popularising cleaner fuel and subsidising subscription to poor families.

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