Indian Oil signs second long-term LNG deal with France's TotalEnergies
Under the contract, TotalEnergies would supply 1 million metric tonne LNG per annum (mmtpa) to Indian Oil for a period of around 10 years.
Source: livemint.com
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Despite wars in Europe and West Asia, oil shock fears yet to materialise
The oil industry experienced three upheavals between 1973 and 1991, which seem to be etched in the memory of the industry's decision makers. Naturally, at the sign of a new crisis, the decision makers like to dip into those tumultuous decades to find ways to deal with the new shock, in addition, of course, to expert reports and forecasts. So, the industry bigwigs turned the pages of history to get a peek into the future of oil price movements after Russia invaded Ukraine in 2022, Israel attacked Gaza in 2023, Iran-linked Houthi rebels pounded tankers crossing the Red Sea in support of Palestin...
Source: rediff.com
Fuel consumption increase by 6.1% YoY in April: Oil ministry
India Business News: NEW DELHI: Fuel consumption increased by 6.
Source: indiatimes.com
India working on its peak oil demand projection
The modelling exercise, undertaken by the Petroleum Planning & Analysis Cell (PPAC), will also help India plan for its future refining capacity.
Source: livemint.com
Up to 15% of India's green hydrogen mfg expected to shift out due to global incentives: Experts, ET Auto
Green Hydrogen: According to Prashant Vasisht, senior vice-president and co-head, corporate ratings at ICRA, domestic companies will stand at risk of losing out to competition from both the US and Europe as these schemes bring costs to low levels.
Source: indiatimes.com