Essar Oil & Gas Exploration and Production (EOGEPL) has said the company is expecting reserves of at least 1.5 trillion cubic feet (tcf) of recoverable shale gas in its Raniganj block in West Bengal, which could require investment of at least $1 billion.
Petrol Price In India Today Up By 4-6 Paisa; New Delhi, Kolkata, Chennai See Most Hike, Check Other Cities
Petrol price in India today: The state-owned oil companies have limited room to cut prices of petrol, as global crude oil basket continues to edge higher.
Could the warring Thackeray cousins find common ground in the Nanar refinery project? Farmers from villages where the Rs 3-trillion refinery is planned to be set up in Ratnagiri district met MNS chief Raj Thackeray, asking for support to their agitation against the mega refinery.
In an exclusive interview to TIMES NOW, Union Oil and Gas Minister Dharmendra Pradhan said the government is trying its best to reduce dependency on oil imports. Saying that everyone wants to join India’s growth story, Pradhan hinted that India is on the verge of striking deal with several oil-rich countries,
India and China, the traditional rivals, plan to jointly leverage their buying power to influence the crude oil pricing, oil minister Dharmendra Pradhan has said.
The current state of cooperation between Kazakhstan and India in the energy sector was assessed and discussed on the sidelines of the recently held 16th International Energy Forum here.
Despite fears of a trade war sending global oil demand crashing, oil prices are set to see their largest weekly gain since July, with Brent breaking $72 on growing geopolitical tensions in the Middle East.
The rapidly heating up situation in Syria has pushed Brent crude prices to US$72 a barrel, something that Goldman Sachs had predicted on Thursday.
State oil firms are freely pricing petrol and diesel, in line with international rates, oil minister Dharmendra Pradhan and executives at oil PSUs have said, denying reports of government asking companies to hold price hikes ahead of Karnataka polls.
Curtains Set To Rise On ISFL-2018: The Most Popular Indian Scientific Forum For Fuels And Lubricants
Under the aegis of Indian Society for Fuels and Lubricants, Indian Oil R&D is organizing the 11th edition of International Symposium on Fuels and Lubricants (ISFL) at Delhi/NCR during April 15-17, 2018. Mr Sanjiv Singh, Chairman, Indian Oil will inaugurate the symposium on April 15, 2018.