THANE: National refiner Bharat Petroleum Corporation (BPCL) on Thursday said there was a leakage in its diesel pipeline connecting Mumbai and Manmad in Maharashtra’s district following a failed attempt to steal the fuel.
Category: Oil & Gas
Civil Supplies mulls setting up petrol bunks, LPG agencies across Telangana
HYDERABAD: Taking a leaf out of the Telangana State Prisons department, the Civil Supplies department too plans to expand the number of petrol bunks across the State to bolster its revenues. The Civil Supplies department is also mulling opening Liquid Petroleum Gas (LPG) distribution agencies to directly deliver cylinders to consumers.
IOC selects Reliance Jio’s managed network services for its petrol pumps
NEW DELHI: Indian Oil Corporation (IOC), the nation’s largest oil firm, has selected Reliance Jio’s managed network services to connect a fifth of its petrol pump network.
34 sugar mills produced over 45 lakh litres of ethanol: Minister Shankar Patil
BELAGAVI: Thirty-four sugar factories in the state have produced over 45 lakh litres of ethanol this season. The government is taking steps to make factories give a percentage of the profits from such byproducts to sugarcane farmers, said Minister for Sugar and Textiles Shankar Patil-Munenkoppa in the Council on Tuesday.
Kakinada-Nellore pipeline part of gas grid: Centre
NELLORE: The Petroleum and Natural Gas Regulatory Board (PNGRB) has authorised a total of 33,603 km of natural gas pipelines in the country under the National Gas Grid. Kakinada – Vijayawada – Nellore natural gas pipeline forms part of the National Gas Grid. The project was allotted to IMC Limited (IMC) on February 2, 2018.
Russia offers India help in leasing, building large-capacity ships to overcome G7’s oil price cap
MOSCOW: Russia has welcomed India’s decision to not support the price cap on Russian oil announced by G7 and its allies and offered it cooperation on leasing and building large-capacity ships to overcome the ban on insurance services and tanker chartering in the European Union and Britain to continue buying discounted oil.
Traders have been supplying Russian crude oil to India since start of Ukraine war: Sources
NEW DELHI: India has been buying Russian crude from traders since the conflict began in Ukraine, and not oil marketing companies directly. As a result, there is no liability on the importer of insurance. Also, the G7 proposed oil cap for Russia will have no bearing on imports to India.
Gas pipeline damage hits CDA residents
CUTTACK: The pipeline of the Gas Authority of India Ltd (GAIL) was again damaged in CDA locality here causing much inconvenience to hundreds of households of Sector-6 and its adjacent areas on Thursday morning.
Natural gas import dependence falls to 46 per cent in FY23
NEW DELHI: India’s import dependency based on consumption for natural gas has decreased from 48.2% in financial year 2021-22 to 46.3% in financial year 2022-23 (April to October), said Minister of State for Petroleum and Natural Gas Rameswar Teli on Thursday.
Arun Kumar Singh appointed as chairman of ONGC for three years
NEW DELHI: The government on Wednesday appointed Arun Kumar Singh, former chairman of oil refining and marketing company BPCL, as chairman and managing director of Oil and Natural Gas Corporation (ONGC).
Crude falls below USD 80 per barrel
NEW DELHI: Brent Crude Future on Wednesday fell below USD 80 per barrel, lowest since January 2022. The last time Brent Crude price traded below USD 80 per barrel was in early January, a month before the Russian invasion of Ukraine, which elevated the crude price to above USD 100 per barrel for months.
Oil and gas firms production plans spell ‘catastrophic’ warming: Report
PARIS: Oil and gas companies are spending tens of billions of dollars on new fossil fuel production that would push global temperatures to catastrophic levels, research found Thursday.