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​GOOD MORNING INDIA!

November,15,2018,Thursday

WEEKLY NEWSLETTER ON OIL AND GAS FROM ACROSS THE MEDIA SPACE

Oil prices

Oil Near 2-Year High; Growing Global Demand Supports Market

Oil prices rose on Friday, nearing their highest levels in more than two years, supported by rising global demand and physical prices and continuing expectations that OPEC and other producing countries will extend a deal to cut output.

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ONGC Videsh

ONGC Scouts For Gas Fields Elsewhere After Iran Talks Tough On Farzad B

India's ONGC Videsh has turned its focus to buying stakes in overseas oil and gas assets to meet output targets after a delay by Iran in awarding development rights for a gas field, its managing director said on Thursday.

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power plants, PLF

Gas-Based Plants May Turn Idle

Gas-based power plants, already reeling under financial stress and availability of cheaper alternatives, face further risk as their plant load factor (PLF) is set to deteriorate from a lowly 23% at present.

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Crude Oil Price

Global Crude Oil Price Of Indian Basket Was US$ 58.92 Per Bbl On 30.10.2017

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 58.92 per barrel (bbl) on 30.10.2017.

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petroleum explorer

ONGC Could Borrow Rs 25,000 Crore To Part Fund HPCL Acquisition: Moody's

State-run petroleum explorer Oil and Natural Gas Corporation(ONGC) could opt for borrowings to the tune of around Rs 25,000 crore to fund its acquisition of downstream refiner Hindustan Petroleum Corporation (HPCL), according to Moody’s Investors Service.

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