Oil

Indian Oil's Gujarat Refinery Dispatch Low-sulphur Marine Fuel

Earlier, IndianOil chairman, Sanjiv Singh unveiled the plaque marking the mechanical completion of the New Amine Regeneration Unit and ISBL (Power Grid Import) …

Scientists have Designed Super Sponges to Soak up Oil spills

Scientists have found a way to super-charge sponges to help clean up micro-pollutants leftover from oil spills.

Oil&Gas Drilling

Drillers in Oil Field are Burning Off More Natural Gas than Ever Before

Methane-emissions intensity in the Permian Basin plunged 64% in the past seven years, even as crude production surged, according to a report by Texans for Natur…

Scottish Faces 'Policy paradox' Over Support for North Sea Oil and Climate Crisis

The Scottish Government faces a “policy paradox” over its continued support for North Sea oil and gas extraction while also attempting to meet its ambitious c…

Crude

Trump Claims To Have Taken Control Of Middle East Oil

“We’ve taken control of the oil in the Middle East, the oil that we’re talking about, the oil that everybody was worried about. We have the U.S. control of t…

Crude

Saudi Aramco Arrive in Syria’s Oil Fields

Sources have disclosed that the Saudi Arabian Oil Company, commonly referred to as Aramco, has sent a delegation of experts to discuss investment opportunities …

Is Government serious about the Climate Crisis or Not?

Oil Free Otago said this morning that Jacinda Ardern’s government’s granting OMV consent to drill in the Great South Basin is a slap in the face for all who c…

Nigeria International Petroleum Summit 2020

Nigeria’s petroleum industry is the largest in Africa with proven Oil and Gas reserves of 37 billion barrels (bbl) and 192 trillion cubic feet respectively. Th…

New Technology

Satellite Detects Methane Gas, A Tool to Curb Climate Change

Oil and gas accidents have long emitted vast amounts of methane, a gas second only to carbon dioxide in its potential to warm the planet. Measuring such release…

Axis Bank Launches Co-branded Credit Card with Indian Oil

This partnership is an effort from Axis Bank and IOCL to expand their presence in the fast-developing credit card ecosystem in India.

Oil & Gas Trade

Russia Hopes to Sign A Dealto Duild An Oil Pipeline With Congo

Russia is hopeful of Russia's TMK and the Republic of the Congo's national oil company, SNPC, signing a deal soon to build an oil pipeline in the West African n…

LNG

Construction of The Controversial LPG Plant Resumes at Puthuvype

Kochi: Construction of the controversial LPG plant at Puthuvype resumed on Monday, two-and-half years after the work was suspended owing to protests by local re…

Cooperation case

China, Philippines Vow to Advance Cooperation in Oil, Gas Exploitation

Chinese State Councilor and Foreign Minister Wang Yi and Philippine Foreign Secretary Teodoro Locsin agreed here on Monday to advance bilateral cooperation in o…

Crude

NNPC's Refineries Record Losses for Nine Consecutive Months

The three refineries belonging to the Nigerian National Petroleum Corporation (NNPC) recorded losses for nine consecutive months, the corporation said in its Se…

Oil & Gas Trade

Israel Becomes Major Energy Exporter After Signing Egypt Gas Permit

Energy Minister Yuval Steinitz called the permit a "historic landmark" for Israel.