Category Archives: OilGas
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CBG, LNG to drive India’s gas sector growth in next five years, says IGL’s Sanjeev Bhatia
Posted on August 23, 2025 by Diligentia News in OilGas.City gas companies see compressed biogas (CBG) and liquefied natural gas (LNG) as the next big growth drivers in India’s clean energy transition, with the two sectors expected to “flourish in the next five to ten years,” Indraprastha Gas Limited (IGL) Executive Director Sanjeev Bhatia said at the PHDCCI Global Summit on Sustainability 2025. Speaking […]
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Oil Prices Slide Further on Prospect of Peace in Ukraine
Posted on August 19, 2025 by Diligentia News in OilGas.Crude oil prices declined today after the end of the Trump-Zelensky talks on Monday, in anticipation of trilateral talks that could result in a peace deal. That would likely also result in the lifting of sanctions on Russian crude, making more of its available on global markets. At the time of writing, Brent crude was […]
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What will be price of petrol, diesel if India stops importing oil from Russia
Posted on August 19, 2025 by Diligentia News in OilGas.In a significant update amid the trade talks between India and the US and Donald Trump imposing an additional 25% tariff on India, taking the total tariff to 50% due to India’s continued crude oil purchase from Russia, reports are now talking about the inflationary impact if India stops buying oil from Russia. Notably, Russia […]
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What has been the impact of ethanol blending
Posted on August 19, 2025 by Diligentia News in OilGas.E20 petrol, which contains 20% ethanol and is being sold by Indian oil refiners, has been much in the news lately. India has achieved its target to blend 20% ethanol per litre of fuel five years ahead of the target under the National Policy on Biofuels. Ethanol blending in India rose from just 1.5% in […]
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India’s Russian crude buying has to stop, US adviser Navarro says
Posted on August 18, 2025 by Diligentia News in OilGas.White House trade adviser Peter Navarro said India’s purchases of Russian crude were funding Moscow’s war in Ukraine and had to stop, adding that New Delhi was “now cozying up to both Russia and China.” “If India wants to be treated as a strategic partner of the U.S., it needs to start acting like one,” […]
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Natural Gas Could Be Angola’s Next Big Money Maker
Posted on August 18, 2025 by Diligentia News in OilGas.Angola is betting big on natural gas developments as a short-term increase in oil production is not expected to last despite the West African country leaving OPEC over capped production. Companies operating in Angola have recently started up two oil projects, but they have also begun to target non-associated offshore gas plays, hoping that a […]
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U.S. LNG: Record Exports, Rising Prices, and a Looming Problem
Posted on August 18, 2025 by Diligentia News in OilGas.U.S. LNG exports so far this year have smashed yet another record, prices are on the rise without sapping demand, and the outlook remains robust. But there’s a hitch: pipelines. Exports of liquefied natural gas from the United States between January and August this year went up by 22% from the first eight months of […]
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BPCL expects Russian crude to form 35% of imports for FY26
Posted on August 18, 2025 by Diligentia News in OilGas.State-owned Bharat Petroleum Corp expects its Russian crude to form 35% of its total imports for the remaining year of FY26 as long as there are no new sanctions on Russian oil, the company said in an analyst call. “We are expecting again the flow (of Russian oil) should come back to normal level of […]
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‘Selective bullying’: US punishes India, but its own trade with Russia grows 20% under Trump
Posted on August 18, 2025 by Diligentia News in OilGas.Even as Washington slaps tariffs on India for buying Russian oil, US trade with Moscow has surged 20 percent since Donald Trump returned to the White House in January 2025. The contradiction was spotlighted at the August 15 Alaska summit, where Trump and Russian President Vladimir Putin met for the first time in a historic […]
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Caught in the Trump-Putin game of chicken: India’s Russian oil imports’ future and options
Posted on August 18, 2025 by Diligentia News in OilGas.The additional tariff announced by US President Donald Trump on import of Indian goods over New Delhi’s hefty Russian oil imports has thrown up questions on the potential consequences for India as it walks a diplomatic tightrope amid trade uncertainties and the unfolding game of chicken between Trump and Russian President Vladimir Putin. The stakes […]
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