Petrol

Oil Exploration
Proceeds of Oil and Petroleum Exploration to be Equally Divided Between States in DAB
Chief Minister of Assam has positively indicated for equally dividing the proceeds of Petroleum and Oil exploration and extraction between the two states in sec…
Energy Investment
Egypt's Petroleum Minister, Siemens Discuss Investment Opportunities in Oil, Gas Industry
Egypt’s Minister of Petroleum and Mineral Resources Tarek El-Molla discussed on Thursday with CEO of Siemens Middle East Dietmar Siersdorfor investment opportu…
Oil&Gas Drilling
Nigeria’s Rig Count up as OPEC Warns of Uncertainty from Impact of Ukraine Conflict
The Organisation of Petroleum Exporting Countries (OPEC) has kept its key oil market projections for 2022 unchanged, but it expects to adjust the forecasts in t…
Crude Oil
Japan to Sell Additional 1.89 Mil Barrels Hout Crude From National Reserves
Japan plans to sell an additional 300,000 kiloliters, or 1.89 million barrels, of Hout crude from its national petroleum reserves via a public tender in April.
Oil Price
Indian Govt to Make Calibrated Interventions to Keep Fuel Prices Under Control
Minister of State for Finance Pankaj Chaudhary said crude petroleum and natural gas, fuel & power subgroup in the Wholesale Price Index is directly related to t…
Crude Oil
Again, Crude Oil Production by OPEC, Allies Falls by 890,000 bpd
Despite the decision of the Organisation of Petroleum Exporting Countries (OPEC) and its allies, OPEC+, to raise crude oil production by 340,000 barrels per day…
Natural Gas
Niti Aayog for End to Price Curbs on Local Natgas
The Aayog has sent its gas price reform proposal to the petroleum ministry for consultation. It also wants natural gas included in the ambit of the goods and se…
EV Market
Higher Petrol Prices Hurt, but Cutting Fuel Excise will Slow Transition to Electric
Australian petrol prices are rising as Russia’s invasion of Ukraine pushes up global oil prices. It’s likely motorists will be paying more than $2.15 a litre …
Oil Pipeline
Marathon Petroleum Shuts Oil Pipeline After Leak in Illinois
Marathon Pipe Line Inc. has shut down a pipeline in Illinois that leaked crude oil into a local canal, the company said on Last Saturday.
Energy Investment
China Considers Stake Acquisitions in Russian Energy Firms
China is in negotiations with firms including China National Petroleum, and China Petrochemical.
Saudi Arabia
Riyadh Oil Refinery Attacked by Drone, Supplies Unaffected
A refinery in Saudi Arabia's capital, Riyadh, was attacked by a drone on Thursday morning but petroleum supplies were not affected.
Oil Price
Petrol Prices to ‘Keep Climbing’
Sky News business reporter Edward Boyd says US inflation has hit a 40 year high, with fuel prices up 38 per cent.
Crude Oil
Biden Walks Tightrope Between Need for Oil and Push to Go Green
With the war in Ukraine causing oil prices to soar, US President Joe Biden's administration is treading a fine line between staying true to its commitment to cl…
Oil & Gas Supply
OPEC Chief Warns of Global Oil Shortage Due to Sanctions on Russia
The head of the Organization of Petroleum Exporting Countries (OPEC) warned Tuesday that the world cannot replace Russia's share of oil exports, calling for en…
Crude Oil
India's February Fuel Demand Rises 5.4% Year-on-Year
India's fuel demand rose 5.4% in February, compared with the same month last year, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry…

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Petrol

Proceeds of Oil and Petroleum Exploration to be Equally Divided Between States in DAB

Egypt's Petroleum Minister, Siemens Discuss Investment Opportunities in Oil, Gas Industry

Nigeria’s Rig Count up as OPEC Warns of Uncertainty from Impact of Ukraine Conflict

Japan to Sell Additional 1.89 Mil Barrels Hout Crude From National Reserves

Indian Govt to Make Calibrated Interventions to Keep Fuel Prices Under Control

Again, Crude Oil Production by OPEC, Allies Falls by 890,000 bpd

Niti Aayog for End to Price Curbs on Local Natgas

Higher Petrol Prices Hurt, but Cutting Fuel Excise will Slow Transition to Electric

Marathon Petroleum Shuts Oil Pipeline After Leak in Illinois

China Considers Stake Acquisitions in Russian Energy Firms

Riyadh Oil Refinery Attacked by Drone, Supplies Unaffected

Petrol Prices to ‘Keep Climbing’

Biden Walks Tightrope Between Need for Oil and Push to Go Green

OPEC Chief Warns of Global Oil Shortage Due to Sanctions on Russia

India's February Fuel Demand Rises 5.4% Year-on-Year