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Caught Between War Premiums And Weak Demand Crude Prices In For A Weak Phase
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US Sanctions Stymie Repatriation Of Dividends On Overseas Investment In Oil And Gas Assets
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India’s Oil And Gas Sector Makes Significant Advancements
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No Immediate Threat To Diesel Supremacy: India’s Petrol Consumption Projected To Grow At Faster Rate Than Diesel.
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India’s Performance In Shale Oil & Gas Exploration Remains Dismal
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DGH Plans To Strengthen National Data Repository
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Will Mazagon Docks Be Permitted To Bid For Oil Industry Projects Overseas?
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Exports Looks Inevitable: NRL Expansion May Lead To Petroleum Products Surplus In North Eastern Region
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India’s Growing EV Market Facing Problems In Many Areas
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India’s Rising Solar Energy Capacity
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Petronet LNG Selects Lummus’ Novolen Technology
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Essar Oil To Invest In Raniganj CBM Block
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Govt Approves 20% Premium For Gas From New Wells For ONGC And Oil India
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Mare Maritime Group
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JNK Wins Order From HPCL
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LTTS Secures Agreement With Shell For Engineering Services
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Swan Energy To Divest LNG Terminal To Turkey’s Botas For $399 Million
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Cairn Oil & Gas Is Looking For A New CEO
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September 9, 2024: Rising LPG Import Locations And Total LPG Tankage In India, click column Special Database for details.
September 6, 2024: India’s domestic crude and gas production has been virtually stagnating for quite some time even as imports keep surging. The stagnation is not only in the domestic scene but also in the case of production by Indian companies in their overseas assets. Click column Special Database for an update.
September 5, 2024: Kerosene is considered the cooking fuel of the poor in India and this is precisely why it is subsidised. There are not many takers for this fuel these days. Click column Special Database for details.
August 26, 2024 | The fault in our ethanol fuel blends: The
government is exploring a new initiative to blend 5% ethanol in diesel,
following its progress towards 20% ethanol blending in petrol. The haste with
which the government seems to be pursuing this plan prompts the crucial
question: has the government thought through the consequences of implementing a
proposal that looks shaky and vulnerable. The key question in remains the
energy balance of ethanol produced in India. A formal analysis will show that
for sugarcane-based ethanol, a unit of ethanol contains less energy than the
energy used to produce that unit of ethanol. This is definitely true in water-scarce
states such as Maharashtra, Karnataka, Tamil Nadu, old Andhra and Haryana. This
brings us to the wisdom of extending the ethanol blending programme to diesel.
Brazil is often touted as the most successful model in this sphere. Brazil has
a program of blending bio-diesel with diesel and not ethanol. Brazil produces
bio-diesel from soya bean. Even the US does not have a mandate yet for blending
ethanol with diesel. Click Free Access column Petro Intelligence to read an
exciting piece on the subject.
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U.S. sanctions Indian shipping firms over involvement in Russian LNG project
September 9, 2024: The U.S. has imposed sanctions on two Indian shipping companies for their alleged involvement in Russia’s “Arctic LNG-2” project by NOVATEK. These measures are part of broader efforts to limit the export of liquefied natural gas (LNG) from Russia amid escalating sanctions pressure on the more..
Oil India joins Oil and Gas Decarbonization Charter, says on track to achieve Net Zero target by 2040
September 9, 2024: Oil India Limited (OIL), a Maharatna CPSE and an exploration and production major of crude oil and natural gas, has announced that it is committed to sustainable energy practices by joining the Oil and Gas Decarbonization Charter (OGDC).
In a regulatory filing, Oil India said, “This more..
ujarat to set up 48 MW capacity solar rooftops on govt buildings in FY ’25
September 9, 2024: Solar rooftop systems of 48 MW will be installed on various government buildings in Gujarat in the current financial year for which Rs 1.77 billion have been allocated, the state government said on Sunday.
To tap into Gujarat's solar energy potential, the state Climate Change Department more..
Abu Dhabi Crown Prince to arrive in India on 2-day visit from September 9
September 9, 2024: The Crown Prince of Abu Dhabi, Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, will visit India on September 9-10 at the invitation of Prime Minister Narendra Modi.
This will be his first official visit to India as the Crown Prince of Abu Dhabi. He will be accompanied by several UAE ministers and a more..
Vedanta Set for Major Shift: Demerger to Create Independent Companies in Aluminium, Oil, Steel & More, Says Anil Agarwal
September 9, 2024: Vedanta Ltd is set to change its business approach, moving from managing assets to owning them, according to its Chairman, Anil Agarwal. The company is planning a demerger that will separate its various businesses into independent companies, each focused on specific areas like aluminium, oil and gas, power, more..
India’s Exports To Kuwait Hike By 34.78 Per Cent Y-O-Y To $2.1 Billion
September 9, 2024: India’s exports to Kuwait reached $2.10 billion in FY24, up by 34.78 per cent compared to the $1.56 billion reported in the previous fiscal year, according to the official data by the ministry of commerce and industry.
Kuwait's economy is a petroleum predominant country with its more..
International Solar Alliance announces winners of SolarX Startup Challenge 2024: APAC and India Edition
September 9, 2024: The International Solar Alliance(ISA) announced the winners of the SolarX Startup Challenge2024: APAC edition during the International Solar Festival held at the Bharat Mandapam in New Delhi.
Building on the success of the Africa edition, which attracted 182 applications from 28 countries and more..
Pipedream or stroke of luck? Pakistan finds hope at bottom of the sea
September 9, 2024: Just when Pakistan is teetering on the brink of bankruptcy, it has got new hope. It has reportedly found a substantial deposit of petroleum and natural gas in its territorial waters. It's said to be so large that it can change the country's destiny. Dawn News TV has reported that a three-year survey more..
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Impact of Ukraine war on International LNG trade. Lessons for India
by Dr Bhamy Shenoy
 Russian-Ukraine war has brought about
dramatic changes in international gas and oil sector because of the oil embargo
by the west and gas more...
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Double Trouble
By R. Sasankan
If you ignore history, you are condemned to repeat it.
The stark truth of this aphorism came back to me the other day when I
read a Reuters report that said Indian Oil Corporation was aiming to
double the capacity of its liquefied natural gas more...
Cheap Crude Does Not Benefit PSU Refineries
By R. Sasankan
Parliamentarians in India have a heart-warming desire to
shape public policy; the trouble is that in their eagerness to do something -
anything - they can allow the nobility of their intention to smother the
practicality of their proposed interventions. In their zeal more...
Single Agency Needed To Acquire Overseas Energy Assets
By R. Sasankan
India is a country of many paradoxes – and it is this quality that makes
it hard for policy makers to find the right palliative for its myriad
problems. The country is one of the fastest growing economies in the
world and hopes to become a $ 5 trillion more...
Tackling Blowback From Sanctions
By R. Sasankan
India and the US have developed close ties over the past few years as
they perceive China to be a common enemy whose reach and influence must
be circumscribed. On its own, India cannot counter China’s growing
ambitions in the Asia-Pacific region. Likewise, more...
Gas Ratio Target: Time For A Revision?
By R. Sasankan
When Prime Minister Narendra Modi announced his ambitious objective to
raise the contribution of natural gas in India’s energy mix to 15 per
cent by 2030, the experts in the petroleum industry were left astounded
by the boldness of the claim.
more...
West Coast Refinery Continues To Battle A Jinx
By R. Sasankan
Industrial projects in India can never seem to skirt controversy and
invariably go through a prolonged period of uncertainty as promoters
fret over the roadblocks they face. The intensity of the controversy is
directly proportional to the size of the more...
Can The Downstream Man Bail Out ONGC?
By R. Sasankan
“New Delhi: Under-investment in the Oil & Gas sector could hamper
India's progress, Arun Kumar Singh, Chairman and CEO of state-owned Oil
and Natural Gas Corp (ONGC), has warned. National Oil Companies around
the world are facing increasing pressure more...
Oil PSUs In Trouble Again
By R. Sasankan
International price of crude oil has risen by 30% in the third quarter
of 2023. Global crude oil inventories are at seasonal lows and
production cuts, announced transparently by OPEC+ till the end of
December 2023 amount to about 3.3 million barrels a more...
Gas Ratio Target: Time For A Revision?
By R. Sasankan
When Prime Minister Narendra Modi announced his ambitious objective to
raise the contribution of natural gas in India’s energy mix to 15 per
cent by 2030, the experts in the petroleum industry were left astounded
by the boldness of the claim.
more...
Tackling Blowback From Sanctions
By R. Sasankan
India and the US have developed close ties over the past few years as
they perceive China to be a common enemy whose reach and influence must
be circumscribed. On its own, India cannot counter China’s growing
ambitions in the Asia-Pacific region. Likewise, more...
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The Failing Climate Negotiations – And the Need for India’s Leadership in Representing the Global South
 May 16, 2024: Dr Surya P.Sethi, eminent energy expert, wirtes on the Failing Climate Negotiations – And the Need for India’s Leadership in Representing the Global South.
Click more...
Qatar pauses Red Sea LNG traffic: ICIS analyst view
January 18, 2024: Click HERE to read article by Alex Froley, LNG Market Analyst at ICIS, examines the possible effects of ongoing disruptions in the Red Sea on global LNG trade.
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Can LNG replace Russian gas in Europe?
European LNG imports reached a record high in January 2022 and could go a little higher if Russian pipeline gas supply falls, or even stops completely. But the best-connected European LNG terminals are already running at high rates, and limits to cross-border pipeline gas capacity would restrict the wider benefit of higher imports into some... more...
Importance Of Offshore Wind Power
Offshore wind power market plays an important role in achieving the renewable target in most countries, but not in India. India needs a clear, time-bound, quantitative target for offshore wind development, and a roadmap of how to achieve it, says the Baroda-based Centre for Fuel Studies and Research, Click more...
Future Power Grid Vision - Grid Of Microgrids
The electric grid has been around for nearly 140 years, but it’s yet to overcome its biggest nemesis: the weather. Recent prolonged blackout in Texas (Snow storm) is showcasing that point as it suddenly rivals California (Forest wildfires) in proving the need for microgrids. Sustainable energy is the sustainable more...
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Speech of Former Petroleum Secretary, T.S. Vijayaraghavan, on Indias Petroleum Sector
Demand & Growth:
India's Crude
Oil demand has risen from 0.65 Million Barrels a day in 1980 to 3.7 Million
barrels and will reach 4 Million by 2016. Internal production is now less than 0.8
Million Barrels a day. It more...
The KG basin price hike socialises costs and privatises profits
Why the Rangarajan Committee's complex pricing formula will inflict heavy burdens on the power and fertiliser sectors and give a private gas producer windfall profits?
The ministry of petroleum and natural gas has proposed to increase the price of natural gas from the Krishna Godavari (KG) more...
Fire From Ice: A Promising New Energy Source
Massive imports of oil and natural gas have exacerbated India’s big trade deficit, which is a hurdle to the acceleration of economic growth. Light at the end of the tunnel comes from a technological breakthrough last week by JOGMEC (Japan Oil Gas and Metals National Corporation). It succeeded in extracting natural gas more...
The Diesel Subsidy Hole
Under-recovery on diesel as per the Indian petroleum ministry website was . 10.94 a litre in February 2012 when the procurement price was . 37.80 per litre ($122.06 a barrel). The diesel under-recoveries are expected to exceed . 750 billion at average price of $95.66 a barrel while total annual shortfall due to fuel subsidies more...
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Arvindar Singh Sahney Set To Be Next Director (Planning & Business Development) Of IOC
 Arvindar Singh Sahney is set to be next Director (Planning & Business Development) of Indian Oil Corporation. He has been recommended for the post by the Public Enterprises Selection more...
Haidar Appointed To Gujarat Energy Dept
 S.J. Haider, Additional Chief Secretary, Industries & Mines has been transferred and appointed as Additional Chief Secretary, Energy & Petrochemicals. S.J. Haider, is a member of the Indian more...
MoPNG Approves Appointment Of Nandakumar Velayudhan Pillai As Director (Refinery), MRPL
 Nandakumar Velayudhan Pillai, has taken charge as Director (Refinery) with effect from 8th August, 2024. He has been appointed for a period of five years from the date of his more...
REC Ltd Appoints Pradeep Fellows As Executive Director
State -owned REC Limited has announced the promotion of Pradeep Fellows as Executive Director of the Company. Before promotion, he was Senior General Manager (Engineering). He has 28 years of experience in the Power Distribution Sector and Project Financing. He holds a degree in B.E.(Mechanical) from MNIT Bhopal.
more...
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On April 10, 2021 www.indianoilandgas.com entered the 28th year of service to the Indian and international oil and gas industry. When the hardcopy version with its masthead, Indian Oil & Gas, came out 28 years ago, India’s petroleum industry was almost totally controlled by the government. India was not rated high either as a producer or consumer of crude and petroleum products. Today, India is the world’s third largest importer of crude and second largest importer of LPG and Asia’s largest exporter of petroleum products. Without violating the government norms regarding dissemination of information, www.indianoilandgas.com has been consistently helping the industry with authentic articles and data on all areas of oil and gas industry.
To download this full article in PDF, click here |
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The Fault In Our Ethanol Fuel Blends
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Need To Break Out Of The History Of Dud Wells
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LNG Imports: India Needs To Get Its Act Together
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Oil Product Exports: India Must Abandon A Pipedream
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Chevron To Set Up Engineering And Innovation Hub In Bengaluru
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OVL Wins Extended Contract For Vietnam Oil Blocks
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Amazing Growth In LPG Coverage
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Domestic Natural Gas Scene in July 2024
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Fall & Rise In Domestic Natural Gas Production
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India’s Increasing Gas Import Dependency
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How Much Natural Gas Did India Consume During April-June 2024?
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What Precisely Is Wrong With Fixing Of Natural Gas Production Targets?
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Highest Ever Natural Gas Consumption In May 2024
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India Still Wrestling With shale Gas & Oil Development Without Much Success
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Domestic Natural Gas Scene In May 2024
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Increasing Share Of RLNG In India’s Natural Gas Consumption
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Rise And Fall In India’s LNG Imports
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India’s Rising LNG Imports
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Domestic Natural Gas Scene in April 2024
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India’s LNG terminals Suffer From Low Capacity Utilisation
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Compressed Bio Gas Development In India
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Coal Bed Methane (CBM) gas development in India
more...
Natural Gas Pipeline Network In India
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Rising LPG Import Locations And Total LPG Tankage In India
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Virtual Stagnation In India’s Domestic and Overseas Oil and Gas Production
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The Plight of Subsidised Kerosene In India
more...
World Oil Demand Growth For 2024, 2025 Marginally Revised Down
more...
Indian Crude Basket Price Down In August
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Jet Fuel Production Double The Consumption Level, LPG Consumption Double The Production
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Export of Petroleum Products Down In July, Import Up
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Analysis Of Crude Oil Processed by Indian Refineries In July 2024
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India’s Crude Imports Up From Middle East, Russia’s Share Close To 42%
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Analysis Of Petroleum Products Consumption Trend During Current FY 2024-25
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PSU Oil Cos Not In A Hurry To exhaust Approved Capital Expenditure
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Shrinking Domestic Share in Petroleum Products Consumption
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India’s Petroleum Products Consumption In July 2024
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India’s Jet Fuel Surpluses Prompt Aggressive Export Strategy
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Distillates Production In Indian PSU Refineries
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World Oil Demand In 2025 Predicted To See Robust Growth
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How Prices Moved In Indian Crude Basket In July 2024?
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Sector-wise Crude Refining Capacity Vs Processing in FY 24
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Oil Import Volume Rises Reluctantly In FY ‘24
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Rising Demand For Power Promotes Diesel Sales In A Big Way
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Analysis Of Consumption Trend in Petroleum Products In FY 2024-25
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Export, Import Of Petroleum Products Drop In June 2024
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Analysis Of Crude Oil Processed By Indian Refineries During April-June 2024
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India’s Total Crude Import Drops In June, Russia’s Share Marginally Up From May 2024
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