India
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India, Norway Sign Statement of Intent for Establishing Hydrogen Excellence Center
Sunday, 21st February 2021
The Indian Oil Corporation has signed a statement of Intent for with the Norwegian Greenstat Hydrogen company for establishing a Center of Excellence on Hydrogen in India.
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Indian PM lays Foundation Stone of Oil, Gas Projects in Tamil Nadu
Thursday, 18th February 2021
The Indian Prime Minister, Shri Narendra Modi, has laid the foundation stone for oil and gas projects in Tamil Nadu worth ₹32,700 crore.
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India Inaugurates New Propylene Derivatives Petrochemicals Complex
Monday, 15th February 2021
The Indian Prime Minister, Shri Narendra Modi, has inaugurated the recent Propylene Derivatives Petrochemicals (PDPP) Complex at Kochi refinery in kerala governorate, built at a cost of ₹6,000 crore.
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India Receives 2 mmbbl Cargo of Carbon-Neutral Oil from US
Sunday, 31st January 2021
The American Occidental Petroleum Company stated that its Oxy Low Carbon ventures subsidiary has supplied a cargo of 2 million barrels of carbon-neutral oil to Reliance Industries Company of India.
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Iraq Declines Annual Oil Supplies to Indian Refineries in 2021
Sunday, 24th January 2021
Iraq has declined its annual crude oil supplies from Basra to many Indian refineries by 20% for 2021 as a part of its commitment to OPEC’s decisions.
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Indian Oil, NDMC Sign MoU for Integrated Waste-to-Energy
Thursday, 21st January 2021
The Indian Oil Corporation Limited (IndianOil) has signed a Memorandum of Understanding (MoU) with North Delhi Municipal Corporation (NDMC) for development of integrated waste-to energy facilities at Ranikhera in Narela of New Delhi.
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Indian Oil Imports Record Highest Level in Three years
Wednesday, 20th January 2021
The Indian oil imports has recorded the highest level in nearly three years, reaching more than 5 million barrels per day (b/d), as its refiners raised the production following the increase of the demand.
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Total Agrees to Acquire Stake of 20% in India’s AGEL
Monday, 18th January 2021
Total Energy Group has agreed to buy a stake of 20% in India’s Adani Green Energy Limited (AGEL) in in attempt to enhance its presence in the renewable energy.
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McDermott Completes Developing KG-D6 R Project in India
Tuesday, 12th January 2021
McDermott International Ltd, announced the completion of the KG-D6 R Cluster subsea field development project in addition to achievement of the pre-commissioning and ready for startup for Reliance Industries Ltd., in the Krishna Godavari Basin, located at the East Coast of India.
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Indian Oil Corp Seeks LNG Cargo for February Delivery
Monday, 11th January 2021
Indian Oil Corporation (IOC) is searching for obtaining a liquefied natural gas (LNG) cargo for delivery in February 13.
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 62.73 | +2.00% |
Crude Oil (Brent) Brent | USD/bbl | 65.70 | +1.99% |
NYMEX Natural Gas | USD/MMBtu | 2.79 | +0.65% |
OPEC Basket Price | USD/bbl | 65.42 | +2.22% |
Last Modified March 1, 2021