EIA estimates that U. EIA expects that U. EIA forecasts the average U. EIA forecasts total global liquid fuels inventories will remain flat infollowed by an increase of 0.
Latest Exclusives November 23, Domestic crude and gas production has been stagnating in the absence of new commercial discoveries. PSU oil companies seem to shy away from developing small and marginal fields which are auctioned out to private parties. However, overseas oil and gas production by the PSUs have been rising albeit marginally.
Click column Special Database for details. GRM of refineries in the North East look high as they enjoy excise duty exemption.
Their GRM with excise duty is also given separately.
PLL's second terminal is also on the west coast at Kochi in the state of Kerala. The first was commissioned in and the other in Click column Gas Scene for a performance comparison. Sales of Compressed Natural Gas CNG have been growing over the years though the rate of growth has not been very impressive.
The sales will grow faster in coming years when the newly awarded Geographical Areas begin commercial operations. The natural gas consumption in India is confined to the creamy layer of the domestic industry. The government decides gas allocation which is linked to the availability of pipelines.
India is now striving to raise the share of gas in energy mix from 6.
In the absence of a transnational pipeline to supply gas, the country will have to depend on imported LNG. India cannot afford costly LNG. If the market is to be tapped to its full potential, the game will be price.
Experts say industrial houses such as Tatas, SharpoojiPallonji, Mahindra or Piramal should enter the scene. It can be done. Click Free Access column Petro Intelligence for details.
The government intends to further increase the target level for the Ethanol Blended Petrol EBP programme that aims to bring down India's imports of petroleumproducts, as also provide cleaner fuel, Prime Minister Narendra Modi said on Thursday. Oil India Ltd to buy back 4.
Big relief for Modi govt from oil prices now! This will imply CAD settling down at 2. Adani Gas shares up Shares of Adani Gas, which got listed on November 5, have risen more than Oil falls to lowest since late on emerging supply glut November 24, Oil prices plunged to their lowest since late on Friday in choppy trading, weighed down by an emerging crude supply overhang and a darkening economic outlook.
Softening crude oil prices help rupee to hit near 3-month high; will is go below 70 in near future? Softening global crude oil prices have propelled strong gains for the rupee and the domestic currency has recovered to a near 3-month high.
Yesterday, the Indian rupeeextended its winning streak for seventh consecutive session to close near three-month high at Petrol, diesel price see a sharp cut again today. Check rates here November 24, Tracking a fall in international crude oil rates, petrol and diesel prices were cut down by 40 paise and 41 paise per litre, respectively, today.
As crude struggle to come out of a bearish market, state-run oil retailers have not increased fuel prices in India for over a month. Indian Wrestling With Options. On Friday oil prices went down by 5 per cent.
This difference between WTI and Brent is confusing. According to market experts, the lower WTI price has to do with a glut of production in the US and lack more IOC steps into Oman with acquisition April 9, There is a multinational conspiracy to illegally take the mineral resources of the Haitian people: Espaillat Nanita revealed that in Haiti there are huge resources of gold and other minerals by ESPACINSULAR, SANTO DOMINGO, Dominican Republic, November 17, (Translated from Spanish original).
Jul 30, · An oil and gas firm's plan to drill wells in southeast Boulder County along Colo. 52 north of Erie was moved forward Monday by Colorado Oil and Gas Conservation Commission director Julie.
Oil and gas energy pipelines Onshore Offshore new projects wells petroleum Refinery ministry new LPG LNG Natural gas rigs products exploration Projects. 12th January, (company name) ATTN: Admin Department, Dear Sir, LETTER OF INTRODUCTION/BUSINESS RELATIONSHIP PROPOSAL We write to introduce to your organisation.
We are an independent oil and gas supply service provider with extensive links in all sectors of the economy.
In a striking about-face, the Interior Department announced yesterday that it wants to allow drilling in nearly all U.S. waters, the single largest expansion of offshore oil and gas leasing ever. Should Canada adopt the same energy model that made Norwegian citizens theoretical millionaires?
Written from an interview with prominent Vancouver business leader Leonard Schein.