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September,24,2018,Monday

WEEKLY NEWSLETTER ON OIL AND GAS FROM ACROSS THE MEDIA SPACE

LATEST NEWS IN OIL AND GAS

Crude Oil Concession

Indian Oil Firms Eye Stake In Adnoc's Offshore Crude Oil Concession

Indian oil firms are in talks with state-run Abu Dhabi National Oil Co (Adnoc) to acquire a stake in its ADMA-OPCO offshore oil concession when it comes up in 2018, Indian officials said on Friday.

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THE WEEK IT WAS

GAIL-REU

Indian Oil Aims 13.5 Mn Tonnes Of LNG Import Capacity In 5 Years

State-owned Indian Oil Corp Ltd aims to have 13.5 million tonnes of liquefied natural gas (LNG) import capacity in five years, head of business development G K Satish said on Friday, as India moves toward a gas-based economy under Prime Minister Narendra Modi

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oil and gas sector

India Plans Policies To Boost Foreign Participation In Oil & Gas

India will announce new policies to help global companies participate more in its oil and gas sector, Oil Secretary K.D. Tripathi said on Thursday.

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Hybrids And Diesel Vehicles

Adopting A Contrarian Strategy, Honda Bets On Hybrids And Diesel Vehicles For India

With the upcoming Bharat Stage 6 emission norms to be enforced by 2020 and the implementation of corporate average fuel economy norms, Honda Cars India is betting on diesel and hybrid vehicles in a strategy that is contrarian to what its peers are doing in India.

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State Oil Firms Offer Rs 44 Crore Support To Startups

State Oil Firms Offer Rs 44 Crore Support To Startups

State oil firms have agreed to offer a financial support of Rs 44 crore to about 32 startups working on technological or business innovations that could solve some of oil industry’s problems.

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ONGC Plans

Sambit Patra's Appointment To ONGC Board Challenged In HC

Cabinet announces Rs 2.11 lakh crore capitalisation of PSBs. Of this, Rs 1.35 lakh crore will come through recapitalisation bonds and Rs 76,000 crore via budgetary support and market raising

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Oil Prices

Oil Prices Rise On Tightening Supply, Strong Demand

Oil prices rose on Monday over supply concerns in the Middle East and as the U.S. market showed further signs of tightening while demand in Asia keeps rising.

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