Petrowatch

Petrowatch Market Intelligence from India's oil industry

Our fortnightly market intelligence is widely recognised as the most visible, talked about and respected oil and gas news brand in India, with a reputation for hard-hitting and accurate reporting on oil and gas developments across the country. Corruption, government incompetence and oil company malpractice are also investigated in depth so if you have a story to tell, write to us in the strictest confidence at: [email protected] and we’ll investigate.

27/06/2023

It's rare for a state-run enterprise chief to get an extension beyond the retirement age. In December 2022, the government appointed Arun Singh the chairman of ONGC. Singh had retired as BPCL chief just a few months earlier.

03/03/2023

Two floating import terminals missed commissioning targets last year after LNG prices skyrocketed, reducing demand and disrupting import plans, Ayush Agarwal, analyst with S&P Global, said during a media roundtable Thursday. Neither plants are expected to start before 2025, he said.

02/03/2023

The addition of the contracts will also expand the NSE product offering in the energy basket and its overall commodity segment. Earlier, NSE had signed a data licensing agreement with CME Group for the launch of oil and natural gas derivatives on its platform

01/03/2023

We have increased our volume slightly over 8.1, that is the average that we had reported last quarter. Presently, we are clocking about 8.25 to 8.3 million cubic meter per day of volume.

27/02/2023

"There are structural disadvantages for a company like Shell, which is an independent private market player. Pricing in all things is not just a function of your cost, recoveries and margins, but of what's the quality of the product and services that you offer."

24/02/2023

New Delhi: ONGC’s (Oil & Natural Gas Corporation) Director (Offshore) Pankaj Kumar has become the first-ever Director (Production) of the company. The Centr

23/02/2023

Union minister of petroleum and natural gas, Hardeep Singh Puri the Rajasthan government’s stand is not clear on sharing the increased project cost in the Barmer oil refinery

22/02/2023

Addressing a press conference in Barmer on Tuesday, Hardeep Puri said, "Barmer refinery will be the 'Jewel of the Desert', bringing jobs, opportunities and joy to the people of Rajasthan, as per the Atmanirbhar Bharat and Make in India vision of PM Modi."

20/02/2023

Director (Exploration) says they are ‘looking into various financial and administrative regulatory policies and seeing whether it is conducive’

17/02/2023

Bhubaneswar: The exploration work was launched after a seismic survey indicated good possibility of oil and natural gas reserve in the coastal region. The Oil India had processed 1,502 km of two-dimensional seismic data and 1,670 square km of three-dimensional seismic data. The same was followed by....

16/02/2023

Puri: After completing installation of rigs, the Oil India on Wednesday started the drilling process for exploration of oil and gas in Odisha’s Puri district. Speaking to media persons on the sideline of spud-in ceremony at Kusupur village under Gop block of the district, Mahindra Sharma, Director...

15/02/2023

Senior representatives of the group, led by chairman Gautam Adani, Group CFO Jugeshinder Singh and other executives have been in the Middle East for the past week. Meetings have also been held with Abu Dhabi Investment Authority (ADIA) and other sovereign wealth funds (SWF) of Abu Dhabi, those cited...

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