Summit invests $1 billion in power generation and LNG supplyBangladesh News 24 hoursSummit Power International has announced a $1 billion gas-to-power project and an offshore liquefied natural gas, or LNG import terminal. The completion of the Meghnaghat I …

Economic TimesIndian Oil to buy 50% stake in Adani-Gujarat State Petroleum's LNG terminal at MundraEconomic Times“We already have investments across the gas value chain, from LNG import terminals to city gas distribution networks, the major among them …

Economic TimesMarket now: GAIL, Oil India, Petronet plunge as crude oil prices tankEconomic TimesWhereas Petronet LNG Ltd. (down 2.83 per cent) , GAIL (India) Ltd. (down 2.63 per cent) , Oil India Ltd. (down 2.24 per cent) , Indian Oil Corporation Ltd. (do …

Economic TimesCrude palm oil futures gain 0.50 per cent on rising demandEconomic TimesNEW DELHI: Amid rising domestic demand and restricted supplies from producing regions, crude palm oil prices were up by 0.50 per cent to Rs 503.60 per 10 kg in futures tr …

Economic TimesState oil firms corner 1/3rd of small fields in first auctionEconomic TimesThese fields, which hold in place reserves of 62 million tonnes of oil and oil equivalent gas, can cumulatively produce a peak of around 15,000 barrels of oil per day …

Economic TimesOil cos profitability to remain weak in 2017: FitchEconomic TimesFitch also expects gross refining margins of all Indian oil refiners to narrow in 2017, while remaining stronger than the historical levels prior to FY16. "This, together w …

Economic TimesOil India reports 17.8% drop in Q2 profit; board approves 1:3 bonus issueEconomic TimesNEW DELHI: PSU energy explorer Oil India on Monday reported a 17.8 per cent year-on-year (YoY) drop in net profit at Rs 580 crore for the quarter ended Sep …

CTV NewsCarr won't say whether First Nations can veto oil pipelinesCTV NewsNatural Resources Minister Jim Carr says the federal government will accommodate Indigenous communities on concerns about energy projects, but wouldn't go as far as to say t …

Navy arrests 4 crude oil thievesVanguardAbuja – The Nigerian Navy said it has arrested four (4) Niger Delta crude oil thieves who specialize in illegally refining crude oil into automotive gas oil (AGO) even as a total of 85 large drums of such AGO's w …

Finance Magnates (blog)Oil, Collusion, Collaboration and Economic GrowthFinance Magnates (blog)The mere suggestion of discussion between Saudi Arabia and Russia about the price of oil is enough to raise both the price of the commodity and share values in t …