Category Archives: OilGas
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GreenLine expands LNG network in India
Posted on March 4, 2025 by Diligentia News in OilGas.GreenLine Mobility Solutions is expanding its LNG fuel station network in India, going from three to 10 outlets this year. The Indian transport solutions company also aims to reach 1,000 LNG-powered trucks by the end of this year, doubling the current amount. Founded in 2021, GreenLine Mobility Solutions – an Essar Group subsidiary – brings […]
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India emerges as world’s 3rd largest biofuel producer: Hardeep Puri
Posted on March 4, 2025 by Diligentia News in OilGas.India has emerged as the world’s third-largest biofuel producer, driving the shift toward cleaner, renewable energy, Minister of Petroleum and Natural Gas, Hardeep Singh Puri, said on Monday. In a post on X, Puri highlighted that India has achieved 19.6% ethanol blending in petrol as of January and is on track to reach 20% very […]
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China’s LNG Imports Slump to 5-Year Low
Posted on March 3, 2025 by Diligentia News in OilGas.Liquefied natural gas imports to China slumped to the lowest since 2020 in February, at 4.5 million tons, Kpler data showed, as reported by Bloomberg. A relatively warm February contributed to the weaker demand, which led to China slipping to the global number-two spot in LNG imports, overtaken by energy-hungry Japan. In addition to the […]
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Government Headhunter Fails to Find BPCL CEO
Posted on March 3, 2025 by Diligentia News in OilGas.After HPCL, the government headhunter struggled to find a suitable candidate for the top job at Bharat Petroleum, as most applicants were narrow specialists lacking multidisciplinary experience needed to run a large organisation. The Public Enterprise Selection Board (PESB) last month interviewed a dozen candidates including BPCL Director (Finance) Vetsa Ramakrishna Gupta and its Director […]
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Study Hints At Hydrocarbon Reserves In B’putra North Bank
Posted on March 3, 2025 by Diligentia News in OilGas.A pioneering research by a team of energy exploration experts has found promising hydrocarbon potential in the north of the Brahmaputra, defying traditional assumptions that oil and gas reserves in the state were limited to its southern parts. This has come at a time when the hydrocarbon-rich state is poised for major expansion in its […]
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Asia’s Coal Boom is Bad News For Natural Gas
Posted on February 28, 2025 by Diligentia News in OilGas.Natural gas bulls betting on the world’s largest and fastest-growing power market to drive global demand over the next couple of decades could be in for disappointment. According to Global Energy Monitor (GEM), Asia’s largest economies have three times more coal-fired power capacity under construction than gas-fired capacity, with coal accounting for ~45% of the […]
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BP to boost oil and gas investment to $10 billion, slashes green spending
Posted on February 28, 2025 by Diligentia News in OilGas.BP announced on Wednesday that it will raise its annual oil and gas investment to $10 billion, reaffirming its focus on fossil fuels as part of CEO Murray Auchincloss’ strategy to enhance returns and strengthen financial performance, Reuters reported. “We will grow upstream investment and production to allow us to produce high-margin energy for years […]
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India’s crude oil production falls 1.2% in January, petroleum output up 8.3%
Posted on February 28, 2025 by Diligentia News in OilGas.India’s crude oil and condensate production stood at 2.5 million metric tonnes (MMT) in January 2025, registering a 1.2% decline compared to the same month in the previous year, according to the latest data from the Petroleum Planning & Analysis Cell (PPAC) under the Ministry of Petroleum & Natural Gas. According to official data, Oil […]
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High spot LNG prices a concern for Indian Gas companies: JM Financial
Posted on February 28, 2025 by Diligentia News in OilGas.The sustained high prices of spot liquefied natural gas (LNG) remain a key concern for Indian gas companies, as it could impact domestic demand and affect the volumes and margins of city gas distribution (CGD) firms, according to a report by JM Financial. The report highlighted that Gujarat Gas (GGas), in particular, faces higher exposure, […]
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The Top 5 Oil Exploration Prospects of 2025
Posted on February 27, 2025 by Diligentia News in OilGas.The global oil industry saw approximately 120 oil and gas discoveries in 2024, the overwhelming majority of which were small incremental reserve additions. This stands in contrast with the previous years when the 2022 discovery of Venus in Namibia, followed by the 2023 Mopane find in the same country, instilled hope in the global upstream […]
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