September 2020 - Page 18 of 19

India to launch 11th city gas licensing round soon

INTERNATIONAL NEWSBy admin September 14, 2020 Leave a comment

New Delhi: India will soon launch a bid round to give out licences for retailing gas in cities to help extend the coverage of environment-friendly fuel to about 500 cities, Oil Minister Dharmendra Pradhan said on Thursday. During 2018 and 2019, sector regulator PNGRB gave out licences to retail CNG to automobiles and piped cooking…

Officials suspect OIL engineer working at Baghjan well could have died due to electrocution

EXPLORATION NEWSBy admin September 14, 2020 Leave a comment

An Oil India Limited engineer, working at the Baghjan natural gas well site which has been on fire since June 9, died on Wednesday. Officials suspect that he died due to electrocution. The deceased engineer was identified as Arnab Kishore Bordoloi, 25. “Bordoloi, who was working with some equipment at the well site, suddenly fell…

India to launch 11th city gas licensing round soon

EXPLORATION NEWSBy admin September 14, 2020 Leave a comment

BPCL clarifies, ‘strike related absence was more in Kochi and Mumbai refineries’

UncategorizedBy admin September 14, 2020 Leave a comment

State-run Bharat Petroleum Corporation Limited (BPCL) clarified about a buzz which claimed that workers held 48 hours strike at Kochi refinery. On Thursday, BPCL stock was among the lead gainer on stock exchanges. BPCL stock has surged by over 4% with an intraday high of Rs422.85 per piece in early trade. Clarification was sought from…

Dharmendra Pradhan dedicates 56 CNG stations to nation

NATIONAL NEWSBy admin September 14, 2020 Leave a comment

Union Minister of Petroleum and Natural Gas and Steel Dharmendra Pradhan on Thursday dedicated 56 CNG stations to the nation. These CNG stations are in 13 states and one UT-Chandigarh, Bihar, Gujarat, Haryana, Jharkhand, Kerala, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Uttar Pradesh, Uttarakhand, West Bengal, and Andhra Pradesh, Ministry of Petroleum & Natural Gas in…

India’s fuel demand dips most since April

NATIONAL NEWSBy admin September 14, 2020 Leave a comment

Fuel demand had slumped by a record 48.6 per cent in April to 9.4 million tonnes as the government imposed a nationwide lockdown in an attempt to curb the spread of coronavirus. The decline in August was the sixth consecutive year-on-year slide. India’s fuel demand in August posted its biggest decline since April as local…

India is moving towards a gas-based economy: Dharmendra Pradhan

NATIONAL NEWSBy admin September 14, 2020 Leave a comment

While inaugurating 56 CNG stations today, Union Minister Dharmendra Pradhan said India is moving towards becoming a gas-based economy. The newly commissioned CNG stations are spread across Andhra Pradesh, Bihar, Chandigarh (UT), Gujarat, Haryana, Jharkhand, Kerala, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Uttar Pradesh, Uttarakhand and West Bengal. They belong to different public and private city…

Crude oil futures rise on spot demand

CRUDE OIL NEWSBy admin September 9, 2020 Leave a comment

01 Sept. 2020-New Delhi: Crude oil prices on Monday rose by Rs 42 to Rs 3,191 per barrel as participants widened their positions on firm spot demand. On the Multi Commodity Exchange, crude oil for September delivery traded higher by Rs 42, or 1.33 per cent, at Rs 3,191 per barrel in 3,205 lots. Analysts…

Brent hits five-month high on Abu Dhabi supply cuts, China data

CRUDE OIL NEWSBy admin September 9, 2020 Leave a comment

LONDON, Oil rose on Monday, with Brent touching the highest in five months, underpinned by a 30% cut in Abu Dhabi crude supplies and encouraging Chinese data even as global demand struggles to return to pre-COVID levels in a well supplied market. Brent crude futures for November advanced to $46.50 a barrel by 1143 GMT…

Egypt’s gas exports double to 4.5 bcm in 2019

INTERNATIONAL NEWSBy admin September 9, 2020 Leave a comment

01 Sept. 2020-CAIRO – 31 August 2020: Egypt’s gas exports have more than doubled to reach 4.5 billion cubic meters in 2019, compared to 2 billion cubic meters in 2018, data from the British oil production company BP revealed. The company stated in its annual statistical review of world energy that 1.7 billion cubic meters…

Monthly Archives: September 2020