Coal, Oil & Gas News We love to talk!

JUN 22 2018

Ramifications of an Opec-led production increase

  • Bureau, The Financial Express / New Delhi, 22nd June 2018 Published on : 22nd June 2018
  • Created:Fri 22nd JUN 2018

  On June 22, oil ministers will huddle together in Vienna to decide whether to spike up supplies after a 2016 decision to curb production to end a global oil glut. This has set the ...

JUN 22 2018

India's crude oil production dropped 3 per cent in May on lower ONGC output

  • PTI, ETEnergyWorld / New Delhi, 22nd June 2018 Published on : 22nd June 2018
  • Created:Fri 22nd JUN 2018

  India's crude oilproduction dropped 3 per cent to just over 3 million tonnes in May on the back of dip in output from fields operated by state-owned ONGC. Oil and Natural ...

JUN 22 2018

Govt planning to set up bio-CNG plants in rural India soon: Oil minister Pradhan

  • ANI, ETEnergyWorld / Stuttgart, 22nd June 2018 Published on : 22nd June 2018
  • Created:Fri 22nd JUN 2018

  Union Minister for Petroleum and Natural Gas Dharmendra Pradhan on Thursday said there are plans to set up bio-Compressed Natural Gas (CNG) plants in India. He made this ...

JUN 21 2018

OPEC has the responsibility to maintain supply equilibrium: Pradhan

  • Bilal Abdi, ETEnergyWorld / New Delhi, 21st June 2018 Published on : 21st June 2018
  • Created:Thu 21st JUN 2018

  Oil Minister Dharmendra Pradhan today said the Organization of Petroleum Exporting Countries (OPEC) being a dominant supplier of crude oil has the responsibility to maintain supply ...

JUN 21 2018

Indian Oil facing increased cost pressure due to crude oil spike

  • Sanjeev Choudhary, ETEnergyWorld / New Delhi, 21st June 2018 Published on : 21st June 2018
  • Created:Thu 21st JUN 2018

  Every $10 per barrel rise in the price of crude oil raises working capital cost by about Rs 500 crore per year and cost of fuel consumed internally by $0.9 per barrel for Indian ...

JUN 21 2018

GAIL Gas partners with UBER to promote CNG ecosystem in India

  • ETEnergyWorld, ETEnergyWorld / New Delhi, 21st June 2018 Published on : 21st June 2018
  • Created:Thu 21st JUN 2018

  India's state-owned natural gas utility GAIL (India) and US-based cab aggregator Uber on Wednesday signed a Memorandum of Understanding (MoU) to promote the use of Compressed ...

JUN 21 2018

Dharmendra Pradhan presses Opec for responsible pricing of oil

  • Bloomberg, ETEnergyWorld / Vienna 21st June 2018 Published on : 21st June 2018
  • Created:Thu 21st JUN 2018

  India , the world’s third-biggest oil consumer, on Wednesday pressed Opec nations to move to responsible pricing of oil and gas saying the present rates are far detached from ...

JUN 21 2018

Coal supply to power sector eases even as sponge iron, cement suffer

  • Pratim Ranjan Bose, ETEnergyWorld / Kolkata, 21st June 2018 Published on : 21st June 2018
  • Created:Thu 21st JUN 2018

  Consistent efforts to supply coal to the power sector on a priority basis have started paying off. But the non-power sector — such as cement and steel — is ...

JUN 21 2018

JSPL's 'swadeshi' venture awaits coal

  • Meera Mohanty, ETEnergyWorld / Bhubaneshwar, 21st June 2018 Published on : 21st June 2018
  • Created:Thu 21st JUN 2018

  Two Union Ministers of Narendra Modi’s government visited the Jindal Steel and Power Ltd plant at Angul in Odisha on Sunday and lauded Chairman Naveen Jindal’s courage ...

JUN 21 2018

India's thermal coal imports may rise to 145 million tonne in 2018: Report

  • PTI, ETEnergyWorld / New Delhi, 21st June 2018 Published on : 21st June 2018
  • Created:Thu 21st JUN 2018

  India's thermal coal import is likely to increase to 145 million tonne (MT) in 2018, and the uptrend would continue in the next four years, says a report. According to the report by ...

JUN 20 2018

Oil bonds issued by UPA being serviced by NDA regime: Piyush Goyal

  • ANI, ETEnergyWorld / New Delhi, 20th June 2018 Published on : 20th June 2018
  • Created:Wed 20th JUN 2018

  Union Minister Piyush Goyal said Tuesday that oil bonds issued by the previous UPA government are being serviced currently by the National Democratic Alliance (NDA) ...

JUN 20 2018

Sanctity of contracts fundamental requirement for investment: Vedanta Cairn Oil & Gas CEO

  • ETEnergyWorld, ETEnergyWorld / New Delhi, 20th June 2018 Published on : 20th June 2018
  • Created:Wed 20th JUN 2018

  Vedanta Cairn Oil & Gas Chief Executive Officer (CEO) Sudhir Mathur has said sanctity of contracts is a fundamental requirement for businesses to invest. The company had taken ...

JUN 20 2018

Southern Railway's freight earnings up 50%

  • Sidharth Prabhakar, ETEnergyWorld / Chennai, 20th June 2018 Published on : 20th June 2018
  • Created:Wed 20th JUN 2018

  Southern Railway's earnings rose in the first two months of the current fiscal due to its freight earnings registering a 50% rise. In April-May, the Southern Railway loaded ...

JUN 20 2018

Several board level posts to fall vacant at Coal India Ltd

  • Debjoy Sengupta, ETEnergyWorld / Kolkata, 20th June 2018 Published on : 20th June 2018
  • Created:Wed 20th JUN 2018

  Coal India and its eight subsidiaries are likely to have six board level-posts falling vacant in the next eight months while additional nine positions are already vacant at a time ...

JUN 19 2018

Coal India arm claims more supply but Maharashtra plants still low on coal

  • Ashish Roy, ETEnergyWorld / Nagpur, 19th June 2018 Published on : 19th June 2018
  • Created:Tue 19th JUN 2018

  Even though Western Coalfields Limited (WCL) has claimed that coal supply to Mahagenco power plants has increased significantly in the past few months, coal stock in some of the ...

JUN 19 2018

Govt admits coal shortage, asks power discoms to import

  • B Sivakumar, ETEnergyWorld / Chennai, 19th June 2018 Published on : 19th June 2018
  • Created:Tue 19th JUN 2018

  The power ministry has advised all state governments and private power distribution companies (discoms) to import coal as Coal India was unable to meet the growing demand. To add to ...

JUN 19 2018

Indias oil import bill swells 49 per cent to $115 billion in May

  • Bilal Abdi, ETEnergyWorld / New Delhi, 19th June 2018 Published on : 19th June 2018
  • Created:Tue 19th JUN 2018

  The recent rally in global crude oil prices has led to India’s oil import bill swelling 49 per cent to $115 billion in May as compared to $76 billion recorded in the ...

JUN 19 2018

Fuel price hike: Truckers on strike to protest diesel rates; West Bengal, Karnataka hit

  • PTI, ETEnergyWorld / New Delhi, 19th June 2018 Published on : 19th June 2018
  • Created:Tue 19th JUN 2018

  A section of truckers under goods vehicles umbrella body ACOGOA today went on an indefinite nationwide strike, protesting hike in diesel prices, among other ...

JUN 19 2018

BPCL to provide grant to four startups nurtured by Kerala Startup Mission

  • ET Bureau, ETEnergyWorld / Kochi, 19th June 2018 Published on : 19th June 2018
  • Created:Tue 19th JUN 2018

  Bharat Petroleum Corporation Limited (BPCL) signed agreements for providing grants to four startups nurtured by Kerala Startup Mission (KSUM) at Technopark, Thiruvananthapuram on ...

JUN 19 2018

IOC in talks with US producers for term deals to buy 1 MT of crude oil

  • Sanjeev Choudhary, ETEnergyWorld / New Delhi, 19th June 2018 Published on : 19th June 2018
  • Created:Tue 19th JUN 2018

  Indian Oil Corporation (IOC) is exploring term deals with producers in the United States (US) for purchase of about a million tonnes of crude oil, a move that could turn the US into ...