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​GOOD MORNING INDIA!

June,22,2018,Friday

THE WEEK IT WAS IN THE OIL AND GAS SPACE 

LATEST NEWS

‘Diesel Sales Have Grown Across Country’

‘Diesel Sales Have Grown Across Country’

The sale of diesel registered a growth of 6.3% on an all-India basis during 2017, R. Sitharthan, executive director, Tamil Nadu State Office, Indian Oil Corporation Ltd., said here on Friday.

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MOST NOTABLE STORIES OF THE WEEK

PNGRB Revising City Gas Licensing Rules: Chairman Dinesh Sarraf

PNGRB Revising City Gas Licensing Rules: Chairman Dinesh Sarraf

The downstream regulator is reworking city gas licensing rules, readying to launch 100 new city gas distribution licences, and cut myriad litigations it's been caught in with gas companies, to rebuild itself into a more effective and credible watchdog that can help country achieve its target of raising the share of natural gas in the energy mix from 6% to 15% by 2030.

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Govt May Ask Oilcos To Share LPG, Kerosene Subsidy Burden: India Ratings And Research

Govt May Ask Oilcos To Share LPG, Kerosene Subsidy Burden: India Ratings And Research

As the crude oil prices rise, the government may ask upstream firms like ONGC to bear a part of the kerosene and LPG subsidies, India Ratings and Research said today.

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ONGC-HPCL Deal Is 12th Such Divestment That Really Isn’t

ONGC-HPCL Deal Is 12th Such Divestment That Really Isn’t

The Oil and Natural Gas Corporation Ltd.’s acquisition of 51 percent stake in public sector refiner Hindustan Petroleum Corporation Ltd. to help the government meet its divestment target isn’t the first-of-its-kind deal.

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OPEC Kingpin Saudi Arabia 'Anxious' About The 'Fragility' Of The Oil Market

OPEC Kingpin Saudi Arabia 'Anxious' About The 'Fragility' Of The Oil Market

The recent oil price rally hasn't been enough to calm the nerves of OPEC kingpin Saudi Arabia.

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India To Showcase Oil Reforms At Global Energy Meet In April

India To Showcase Oil Reforms At Global Energy Meet In April

India will showcase its oil sector policy reforms and investment opportunities at the 16th International Energy Forum (IEF) Ministerial, slated for April in New Delhi where scores of ministers, top officials and industry executives from across the globe are expected to participate, oil minister Dharmendra Pradhan said.

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HPCL Acquisition To Improve ONGC's Appetite For Overseas Acquisition: Cmd Shashi Shanker

HPCL Acquisition To Improve ONGC's Appetite For Overseas Acquisition: Cmd Shashi Shanker

Oil and Natural Gas Corporation (ONGC), India's first to be fully integrated 'Oil Major', will will benefit from an increased appetite for overseas acquisitions post the Rs 36,915 crore acquisition of state-run fuel retailer Hindustan Petroleum (HPCL), Chairman and Managing Director Shashi Shanker said.

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