OIL & GAS NEWS

We compile national and international news on major events in the petroleum sector. The section is divided into National, International, Exploration and Crude oil segments.You can read, download or search on a particular topic for the day or as the stories develop over a period of time.

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NATIONAL NEWS

29 September 2020 --- Strategic Energy Partnership emerged as cornerstone of expanding India-US ties: Envoy

29 September 2020 --- Govt may consider halving cess on domestic crude

29 September 2020 --- Business environment for City Gas Distribution at its best: D K Sarraf, PNGRB

28 September 2020 --- H-CNG: Modi Govt notifies norms for alternative fuels

28 September 2020 --- BPCL pays for defaulting Videocon in Brazil oil block

28 September 2020 --- Petroleum Ministry identifies tourism sites can be turned into green zones with use of only bio fuels

26 September 2020 --- Govt mulls gas price floor pegged to Asia LNG to help ONGC

26 September 2020 --- BPCL sale may be delayed to next fiscal year, worsening federal deficit woes

26 September 2020 --- Indian Oil Corp seeks petrol after BPCL's post-hiatus purchase

25 September 2020 --- Decentralized gas based power may hold key to achieve energy mix target, meet Paris agreement aim

25 September 2020 --- India imports 53% of oil and 41% gas from Arab region

25 September 2020 --- Pradhan invites US cos to engage in developing gas infrastructure in India

24 September 2020 --- Experts to lay roadmap for rapid city gas expansion in India

24 September 2020 --- Gujarat: Massive fire, several explosions rock ONGC plant in Surat; fire tenders on spot

24 September 2020 --- Cess not getting transferred to dedicated funds: CAG

23 September 2020 --- LNG overtakes domestic gas as pricing controls weigh on local producers

23 September 2020 --- Proposal to install electrical substation near petroleum outlet Think about security risk, High Court

23 September 2020 --- Govt to set hydrogen energy development targets, costs to fall: Secretary

22 September 2020 --- India Topped Its Strategic Petroleum Reserves With $19 A Barrel Oil

22 September 2020 --- PSU oil retailers are not offering home delivery of petrol, CNG, says Oil Minister Pradhan

22 September 2020 --- IOC plans 'energy pumps' for future with assortment of fuel options

21 September 2020 --- Centre mulls closure of PSUs up for sale on a case-to-case basis

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INTERNATIONAL NEWS

29 September 2020 --- Russia Calls For A Global Response To The Oil Demand Crisis

29 September 2020 --- How can the oil and gas sector help in the drive to build back better?

29 September 2020 --- Global oil inventories expected to drop below 5-year average in Q2 2021: OPEC

28 September 2020 --- Oil heavyweights Saudi Arabia and Russia look ready for a showdown

28 September 2020 --- Clashes erupt in oil and gas corridor

28 September 2020 --- Pertamina explores possibility of Singapore keeping oil stock in RI

26 September 2020 --- China's August low-sulphur marine fuel exports mark 2020 high

26 September 2020 --- China on course for record LNG imports as industries recover

26 September 2020 --- Russia Remains China’s Top Oil Supplier

25 September 2020 --- Iraq Wants OPEC+ To Approve Higher Oil Exports

25 September 2020 --- Iraqi Kurdistan is complying with OPEC+ cuts – ministry

25 September 2020 --- Iraq seeks to shift impact of OPEC cuts onto oil companies

24 September 2020 --- How Saudi Arabia Put OPEC's Future At Stake

24 September 2020 --- Carbon capture to play greater role in oil and gas as ‘peak demand’ timeline moves up

24 September 2020 --- Everything Points To More Natural Gas Demand This Decade

23 September 2020 --- China's storing of crude oil eases for a second month: Russell

23 September 2020 --- Venezuela's PDVSA to sell crude cargo to Iran's national oil company -source

23 September 2020 --- Opec keeps strategy under wraps in oil stumble

22 September 2020 --- The Two Crucial Factors For Global Oil Demand Recovery

22 September 2020 --- Azerbaijani energy minister stresses importance of co-op within OPEC + format

22 September 2020 --- OPEC watching Libyan oil restart closely, needs time to assess-sources

21 September 2020 --- Global effort begins again to stabilise oil prices, OPEC+ meet may be called in Oct

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EXPLORATION NEWS

29 September 2020 --- Libya’s Oil Production Soars After Blockade Ends

29 September 2020 --- Equinor plans $2 billion Breidablikk oilfield development

28 September 2020 --- Canadian government commits C$320 million to aid offshore oil industry

28 September 2020 --- U.S. shale producers Devon Energy , WPX Energy in merger talks

26 September 2020 --- Russia plans to kick-start unfinished oil wells programme this year: RIA

26 September 2020 --- U.S. drillers add rigs for second week, still down for seventh quarter -Baker Hughes

25 September 2020 --- Licensing rounds: No takers for hydrocarbon exploration permit

25 September 2020 --- Weatherford and Safe Influx sign pact to boost Oil & Gas well integrity

24 September 2020 --- Newbies bid for small oil fields only to get bogged down in red-tape

24 September 2020 --- Africa Is The Undeniable Final Frontier For Oil

23 September 2020 --- India's natural gas production down 13% year-on-year in April-August

23 September 2020 --- Fresh auction round likely for ONGC, Oil India blocks

22 September 2020 --- India saved Rs 5,000 crore by filling strategic reserves with low-priced oil: Dharmendra Pradhan

22 September 2020 --- Gambia, Petronor Ink 30 Years Oil Exploration Deal

21 September 2020 --- Oil workers flee as third storm in month aims for U.S. offshore fields

21 September 2020 --- Investors Are Pulling The Plug On Argentina’s Prized Shale Play

10 August 2020 --- Assam - Baghjan fire to douse soon

08 August 2020 --- BP poised to sell 'stranded assets' even if oil prices rally

07 August 2020 --- US oil, gas rig count slides 3 to 285 as Permian operators shed rigs- Enverus

06 August 2020 --- Effort to douse fire in Baghjan well in final stages

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CRUDE OIL NEWS

29 September 2020 --- Oil steady as surging virus cases cloud demand outlook

29 September 2020 --- Crude oil futures decline on low demand

28 September 2020 --- Oil Price Rebound Stalls Ahead of Monthly High with OPEC

28 September 2020 --- Oil dips on signs that coronavirus measures are slowing recovery

26 September 2020 --- Oil Falls On Mounting COVID-19 Cases, Supply Concerns

26 September 2020 --- Oil prices are falling, ending the week in the red

25 September 2020 --- Crude oil prices fall on fears of global energy demand

25 September 2020 --- Oil price steady as rising European COVID-19 cases offset US oil stock draw

24 September 2020 --- U.S. crude, fuel stocks fall in most recent week – EIA

24 September 2020 --- Oil Prices Rise After EIA Reports Crude Inventory Draw

23 September 2020 --- Oil rises as U.S. storm eases, but demand worries linger

23 September 2020 --- Oil prices recover despite increasingly nervous market

22 September 2020 --- Oil falls 5% as economic outlook dims with rising coronavirus cases

22 September 2020 --- Oil prices down 4% on expectations for return of Libyan crude production, global stock-market selloff

21 September 2020 --- Weekly Energy Recap: Oil bounces back amid KSA pledge

21 September 2020 --- Prices of Crude Oil Vulnerable Amidst Fading Demand, Oversupply Issues

10 August 2020 --- Crude oil prices settle almost 2% lower amid growing geopolitical risks

08 August 2020 --- Oil Trades below $42 with tension between US and China flaring

07 August 2020 --- Oil prices pull back from five-month highs as rising product stocks weigh

06 August 2020 --- Oil prices hit 5-month high as U.S. crude stockpiles, dollar fall

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