India will build pipelines to carry diesel and natural gas to Bangladesh as the world’s third largest energy consumer looks to strengthen ties with the neighbour.
Assam based Numaligarh Refinery Limited (NRL) and Bangladesh Petroleum Corporation (BPC) has signed a sale-purchase Agreement for supply of High Speed Diesel (HSD) through the proposed 131 km Indo-Bangla friendship pipeline
Government to provide purchase preference to local manufacturers/service providers for supply of goods and services in Oil and Gas Sector
Team EnergyInfraPost The Union Cabinet chaired by the Prime Minister Narendra Modi has approved signing of Framework of Understanding (FoU) on Cooperation in the Hydrocarbon Sector with Bangladesh, setting up of Indian Institute of Petroleum and Energy (IIPE) at Visakhapatnam in Andhra Pradesh as “an Institute of National Importance” through an Act of Parliament and […]
The global oil market is close to balance, after nearly three years of excess supply, as production cuts by top exporters offset a longer-term decline in demand in the richest nations, the International Energy Agency said on Thursday.
Crude oil futures were largely unchanged on Thursday, with the market torn between rising US production and the output cuts being made by OPEC and other producers.
According to a report by a national news agency, India and Sri Lanka will be jointly operating the oil storage facility at the strategic eastern port town of Trincomalee,
The Cabinet has approved a policy that mandates state oil firms to prefer vendors meeting the local content targets in a move aimed at pushing ‘Make in India’ in the hydrocarbon sector.
State-owned Oil India Ltd has raised USD 500 million through overseas bonds to pay for the bridge loan it had taken to acquire stake in Russian oilfields.
Minister for petroleum and natural gas Dharmendra Pradhan took a swipe at the Arvind Kejriwal government on Wednesday, saying it believes in giving electricity at cheap prices even to the rich
In a bid to promote manufacturing in India, the cabinet on Wednesday approved the domestic purchase preference policy for state-run oil firms that will allow domestic service or product providers to offer a higher bid and still be eligible for the contract.