​GOOD MORNING INDIA!

July,19,2019,Friday

WEEKLY NEWS UPDATES IN OIL & GAS SECTOR 

LATEST NEWS

Mexico Pipeline Blast Toll Reaches 73

Mexico Pipeline Blast Toll Reaches 73

The death toll from a devastating oil pipeline blast in Mexico has increased to 73, officials said.

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MOST NOTABLE STORIES OF THE WEEK

Oil & Gas awareness drive SAKSHAM inaugurated at CPCL

Oil & Gas awareness drive SAKSHAM inaugurated at CPCL

Oil & Gas Conservation Awareness Drive – SAKSHAM 2019, was inaugurated at Chennai Petroleum Corporation Limited (CPCL) by managing director, S N Pandey, recently at the Manali refinery.

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Fossil Fuels demand will continue to grow until 2040: MK Surana, HPCL

Fossil Fuels demand will continue to grow until 2040: MK Surana, HPCL

MK Surana, Chairman and Managing Director, Hindustan Petroleum Corporation Limited (HPCL), spoke about the challenge that OMCs will have with EVs, development of Barmer project and marketing margins of the company

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EV biz to be decided after large-scale demand, says Sanjiv Singh of IOC

EV biz to be decided after large-scale demand, says Sanjiv Singh of IOC

Sanjiv Singh, chairman, Indian Oil Corporation (IOC), during a candid chat with Anurag Shah of Zee Business, talks about the outlook on crude prices, marketing margins of IOC amid volatility, inventory losses and capital expenditure, among others. Edited Excerpts:

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PM Modi to inaugurate LNG terminal in Ennore

PM Modi to inaugurate LNG terminal in Ennore

The ambitious terminal for storage and re-gasification of imported LNG, built by the nation’s largest fuel retailer Indian Oil Corporation Limited (IOCL), at a cost of Rs 5,151 crore inside Kamaraj Port at Ennore here

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IOC to raise $3 billion more in overseas loan

IOC to raise $3 billion more in overseas loan

State-owned Indian Oil Corp (IOC) may raise about USD 3 billion more through US dollar bonds issue after the Reserve Bank permitted fuel retailers to raise an overseas loan to check fall in rupee value, its Chairman Sanjiv Singh said Wednesday.

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BPCL, HPCL in talks with Mumbai Port Trust for land

BPCL, HPCL in talks with Mumbai Port Trust for land

Mumbai Port Trust (MbPT) has some interesting plans to transform the city’s eastern sea front. Like London, it plans to have a Mumbai Eye, a Hyde Park kind of garden, amphitheatre and other recreational activities.

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