Category Archives: OilGas
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HPCL arm successfully commissioned LNG Regasification terminal in Gujarat
Posted on January 14, 2025 by Diligentia News in OilGas.Hindustan Petroleum Corporation (HPCL) has announced the successful commissioning of a 5 MMTPA capacity LNG Regasification terminal at Chhara, Gujarat, established by its wholly owned subsidiary, HPCL LNG. The company stated that the ship, Maran Gas Coronis, carrying LNG cargo, berthed on 6 January 2025, and the discharge of the cargo into the onshore LNG […]
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With no dearth of crude, India can survive the transition to green energy, says Hardeep Singh Puri
Posted on January 13, 2025 by Diligentia News in OilGas.Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Saturday, said the transition from fossil fuel to green energy was possible only when one survives the present scenario. While India is making steady steps towards green energy, fossil fuel, particularly crude oil, was available in the international market for survival now, he said. […]
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US Imposes Sweeping Sanctions on Russia’s Oil and Gas
Posted on January 13, 2025 by Diligentia News in OilGas.U.S. President Joe Biden’s administration imposed its broadest package of sanctions so far targeting Russia’s oil and gas revenues on Friday, in an effort to give Kyiv and Donald Trump’s incoming team leverage to reach a deal for peace in Ukraine. The move is meant to cut Russia’s revenues for continuing the war in Ukraine […]
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Government partially restores gas supply to IGL, Adani-Total
Posted on January 13, 2025 by Diligentia News in OilGas.The government has increased cheaper gas supply to city gas retailers IGL, Adani-Total, and Mahanagar Gas, restoring a major part of the allocation that was cut in 2024, according to regulatory filings by the companies. The government, in October and November last year, had cut supplies of the so-called APM Gas (low-priced natural gas coming […]
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Iraq, UAE gain as India’s Russian oil imports slip to 12-month low in Dec amid Moscow’s high domestic demand
Posted on January 13, 2025 by Diligentia News in OilGas.India’s crude oil imports from West Asia—specifically Iraq and the United Arab Emirates (UAE)—surged in December with Indian refiners looking to replace the shortfall in supplies from their largest source market Russia, which cut exports to meet heightened oil demand from its domestic refineries, shows an analysis of oil tanker data. Saudi Arabia, however, was […]
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ONGC engages BP to boost production in largest oil field
Posted on January 9, 2025 by Diligentia News in OilGas.India’s top explorer Oil And Natural Gas Corp on Wednesday said energy major BP will act as technical service provider to help boost oil and gas output from the country’s largest producing field, off India’s west coast. BP has promised an increase of up to 60% in production of oil and gas output from the […]
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Norway Doubles Down on Oil and Gas
Posted on January 8, 2025 by Diligentia News in OilGas.After hitting record highs this year, Norway’s oil and gas investment is expected to grow even higher in 2025. Greater development activity on new projects and the cost of inflation have contributed heavily to the increase in Norway’s oil and gas investment in 2024. Norway’s oil and gas investment is expected to total around $22.9 […]
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India’s operational natural gas pipeline expands by 62.6%, development of 10,805 km under execution: Ministry
Posted on January 8, 2025 by Diligentia News in OilGas.The length of operational natural gas pipeline in the country has increased from 15,340 kilometres (Kms) in 2014 to 24,945 Kms, a whopping 62.6 per cent as of September 10, 2024, the Ministry of Petroleum & Natural Gas said in its year-end review of the last year. The ministry stated that the development of about […]
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NTPC’s clean energy arm to build $21 billion green hydrogen hub
Posted on January 8, 2025 by Diligentia News in OilGas.The clean energy unit of NTPC Ltd., India’s largest thermal power producer, is developing a green hydrogen hub at an estimated cost of Rs 1.8 trillion ($21 billion) as the country seeks to add more carbon-free fuel to meet its needs. NTPC Green Energy Ltd. is developing the project at Pudimadaka, near the city of […]
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PNGRB proposes uniform insurance coverage for PNG and CNG consumers
Posted on January 8, 2025 by Diligentia News in OilGas.The Petroleum and Natural Gas Regulatory Board (PNGRB) has proposed a uniform insurance policy for piped natural gas (PNG) and compressed natural gas (CNG) consumers, comparable to the insurance coverage provided to LPG users. This proposal was discussed during an open house meeting held on December 20, 2024, with participation from eight city gas distribution […]
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