Category Archives: OilGas
-
Reliance Industries says petroleum ministry raised $2.81 billion demand in gas migration dispute case
Posted on March 4, 2025 by Diligentia News in OilGas.The Ministry of Petroleum and Natural Gas has issued a demand for $2.81 billion to Reliance Industries Limited (RIL) and its consortium partners – BP Exploration (Alpha) Limited and NIKO (NECO) Limited – over a long-standing dispute regarding gas migration from ONGC’s blocks to the KG-D6 block, RIL said on Tuesday. The claim stems from […]
Continue Reading... No Comments. -
U.S. Sanctions, Not Demand, Behind Weak Start for Asian Oil Imports
Posted on March 4, 2025 by Diligentia News in OilGas.Weaker-than-expected oil flows to Asia have led to some questioning the validity of oil demand forecasts for the year. Imports have indeed been 780,000 bpd lower in January and February than a year ago—yet it has already been an eventful year. Anything might happen yet—including even more bearish things for oil. The 780,000 bpd figure […]
Continue Reading... No Comments. -
Petroleum regulator firms up new guidelines for transporting petroleum products by road
Posted on March 4, 2025 by Diligentia News in OilGas.India’s Petroleum and Natural Gas Regulatory Board has issued fresh guidelines on transporting petroleum products by road in the wake of recent tragic accidents involving trucks carrying liquified petroleum gas, or LPG. The regulator has prohibited transporting petroleum products by road at night and mandated quarterly safety checks of vehicles to ensure that all safety […]
Continue Reading... No Comments. -
Anglo-Eastern sets up LNG/ammonia bunkering station skid for maritime training
Posted on March 4, 2025 by Diligentia News in OilGas.Ship management services provider Anglo-Eastern has established a new LNG/ammonia bunkering station skid to provide hands-on training in safe and efficient fueling of LNG- and ammonia-powered vessels. The skid was set up at Anglo-Eastern Maritime Academy (AEMA) in Mumbai, India, and inaugurated on February 20, 2025, to offer real-world experience to industry professionals working with […]
Continue Reading... No Comments. -
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 […]
Continue Reading... No Comments. -
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 […]
Continue Reading... No Comments. -
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 […]
Continue Reading... No Comments. -
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 […]
Continue Reading... No Comments. -
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 […]
Continue Reading... No Comments. -
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 […]
Continue Reading... No Comments.
