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​GOOD MORNING INDIA!

November,15,2018,Thursday

WEEKLY NEWSLETTER - LATEST AND MOST READ STORIES OF THE WEEK IN OIL AND GAS FROM ACROSS THE MEDIA SPACE 

Oil Market To Remain Oversupplied By March 2018, Says Saudi Energy Minister

Oil Market To Remain Oversupplied By March 2018, Says Saudi Energy Minister

The world will still have a surplus of oil by end-March next year, Saudi Arabia's energy minister said, signalling a willingness to extend output cuts when Opec meets at the end of November on whether to extend caps well into 2018.

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Dharmendra Pradhan Asks Experts To Cut Fuel Import Dependency By 10%

Dharmendra Pradhan Asks Experts To Cut Fuel Import Dependency By 10%

Union Minister Dharmendra Pradhan asked geo-scientific community to reduce oil and gas import dependency by at least 10%, and ensure energy accessibility as well as affordability for entire spectrum of people to fulfill the vision of Prime Minister Narendra Modi.

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India And China Chase Stakes In Abu Dhabi Offshore Oil Fields

India And China Chase Stakes In Abu Dhabi Offshore Oil Fields

China and India are each targeting a share of Abu Dhabi’s largest offshore oil fields as the Persian Gulf producer seeks partners to boost output and ensure exports of its oil to two of the world’s most promising markets.

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Shell Hailed As Lubricant Global Market Leader For 11th Time In A Row

Shell Hailed As Lubricant Global Market Leader For 11th Time In A Row

Shell Lubricants has been recognized as the global market leader for the 11th consecutive year, marking the start of two decades of undisputed industry leadership.

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ONGC Yet To Arrive At Valuation For HPCL

ONGC Yet To Arrive At Valuation For HPCL

Oil and Natural Gas Corporation Ltd (ONGC) is not yet clear about the valuation of Hindustan Petroleum Corporation Ltd (HPCL), the oil marketing company it expects to acquire by around March next year.

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