Daily Press Review (22 Feb 2024)
Indian ONGC slow on exploring reserves
(M Azizur Rahman, FE Bangladesh)
Indian Oil Corp to venture into shipping business with two oil supertankers
(P Manoj, Economic Times)
LNG tankers may be converted to floating storage in India
(Bloomberg)
Oil India to resume suspended Libya block in FY25
(Arunima Bharadwaj, Financial Express)
Stronger West Asia, India spot interest pulling WAF, US LNG cargoes
(Aly Blakeway, Suyash Pande, Sakshi Jalan & Kenneth Foo, S&P Global)
NTPC arm NGEL inks pact with AP to develop India's largest green hydrogen production facility
(PTI)
India's Torrent, Lanco are lowest bidders in gas-fired power auction
(Reuters)
India's crude oil output up 0.7% to 2.5 MMT in January, imports rise 5.7% YoY: PPAC
(Nikita Prasad, Mint)
India exported USD 6.65 bn oil products derived from Russian oil to sanctioning nations: Report
(PTI)
Work on offshore breakwater at Dabhol LNG moves ahead
(Eldin Ganic, Dredging Today)
Massively underappreciated India's momentum in energy transition: Shell CEO
(Shereen Bhan, CNBC-TV18)
Gujarat Gas Expects 8-10% Volume Growth In FY25
(Mihika Barve, NDTV Profit)
Govt allows Nafed, NCCF to sell maize to ethanol makers at base rate of Rs 2,291/quintal
(PTI)
IRM Energy's Leap Forward: A Tale of Ratings, Expansion, and Stability Amidst Challenges
(Dil Bar Irshad, BNN)
Russia retains top spot in India's oil supply chain amid global geopolitical tensions
(Saurav Anand, Economic Times)
Russia has never been richer after selling $37 billion in oil to India last year
(Jennifer Sor, Business Insider)
US producers remain optimistic about LNG growth despite regulatory uncertainty: S&P GCI
(ANI)
Upstream E&P companies shifting focus to longer contracts with lengthy lead times: Transocean
(ANI)
Great Eastern Shipping expands fleet with MR product tanker
(Bojan Lepic, Splash)
Petrol pump at Teen Imli square sealed for selling adulterated fuel
(Times of India)
Company Announcements
CRISIL upgrades ratings of IRM Energy to 'AA-' with 'stable' outlook
(IRM Energy)