Wednesday, June 7, 2023

oil

Oil spillage on Hyderabad road leads to massive traffic jam

Oil spillage from containers after they fell off a truck on a busy road in Hyderabad caused massive traffic jams for several hours in the central parts of the city on Wednesday. At least eight containers of engine oil fell...

Windfall from Oil exploration (survey)

Three decades after the state government asked ONGC to stop extraction of crude oil from the Chanpang and Tssori oil wells in Wokha district and a decade after the central government in 2013 shot down the state government’s attempt...

Airborne gravity gradiometry, magnetics survey by OIL

Oil India Limited (OIL) has launched Airborne Gravity Gradiometry& Gravity Magnetics (AGG & GM) data for unapprised areas of Nagaland, Manipur, Mizoram, Dima Hasao, Arunachal Pradesh, Cauvery, Bastar, Satpura, Spiti-Zanskar and Karewa areas, according to a report by Guwahati...

Oil major Rosneft presents its unique software to oil, gas companies

 Rosneft held its Technology Day of Knowledge-Intensive Software in Moscow on May 31. The high-tech event that brought over some 100-plus representatives from key oil and gas companies, including Gazprom, Novatek, Lukoil, Zarubezhneft, Surgutneftegaz, Tatneft, Transneft, etc., was meant to...

OIL, AGCL to form JV forpiped natural gas distribution

The Assam Gas Company Limited (AGCL) and Oil India Limited (OIL) on Saturday signed an agreement for the establishment of a joint venture company to lay, build and operate city natural gas distribution networks in parts of Assam and...

New normal for Brent crude price may be $ 75-80 a barrel

The new normal for Brent crude price may be around Saudi Arabia's fiscal break-even crude price of USD 75-80 a barrel, JM Financial Institutional Securities said in a report. IEA expects the surprise, voluntary output cut of 1.66mmbpd (from May'23...

B’desh PM hopes to import oil from India by 2023 via proposed pipeline

Bangladesh Prime Minister Sheikh Hasina expressed hope to import oil from India by 2023 through a proposed pipeline project. She made the remarks on Sunday during a meeting with Speaker of the Assam Legislative Assembly, Biswajit Daimary at her official...

Houthis attack ship trying to ‘loot oil’ off Yemen port

The Houthi militia in Yemen said they attacked a ship trying to "loot oil" in a key government-controlled port in the country's southeastern province of Hadramout. "The armed forces announced the implementation of a simple warning strike in order to...

Azo, Kashiho take part in discussionon resumption of oil & gas operations

NPF Legislature party leader, Kuzholuzo (Azo) Nienu has cautioned the state that unless it resumes oil and gas explorations urgently, these natural resources would eventually become economically redundant.Initiating the discussion on matters of urgent public importance under Rule-54 during...

Nagaland should start oil exploration: Teli

Union Minister of State for petroleum and natural gas, labour and employment Rameswar Teli on Saturday urged the State government to start oil and natural gas exploration and extraction.Addressing a gathering here at Niathu resort after the inaugural of...