Latest News for: Oil sales


After BPCL, ONGC signs up HPCL for sale of oil from Mumbai offshore fields

Financial Express 24 Sep 2023
While it did not give details, sources aware of the matter said the pact for sale of about 4.5 million tonnes per annum of crude oil to Hindustan Petroleum Corporation Ltd’s (HPCL) Mumbai refinery ... “This is the second term agreement sealed for sale of Mumbai Offshore crude oil post marketing freedom,” ONGC said.

OGRA warns 27 OMCs over poor performance, flags supply risks

The News International 24 Sep 2023
The Oil and Gas Regulatory Authority (OGRA) has found that 27 oil marketing companies (OMCs) have failed to meet the required benchmark for sales, stocks and imports of petroleum products, raising concerns over possible fuel shortages in the country ... Limited and Z&M Oils Limited.

Week Ahead: Macro data, IPO action, FII mood, global cues among key market triggers this week

Live Mint 24 Sep 2023
... some key events such as US building permits, new home sales, API weekly crude oil, crude oil inventories, jobless claims, US GDP data, UK GDP, Eurozone inflation, US & China Manufacturing PMI, India’s infrastructure output, foreign exchange reserves, and fiscal deficit data.

Willoughby: ‘Give us good roads and see how quickly we come’

Aspen Times 24 Sep 2023
Tourism in Aspen began when the trains arrived, but both locally and nationally, it took middleclass vacationing motorists to make it a viable industry ... It even introduced a new word ... Walsh ... At the beginning of the period, before there were many cars, there was a glut on the oil market — so many in that industry pushed the ideas to increase oil sales.

Guest Opinion: EV sales growth points to oil demand peaking by 2030; so why is ...

The Keene Sentinel 23 Sep 2023
Electric vehicle sales are growing faster than expected around the world, and, sales of gas- and diesel-powered vehicles have been falling ... government still forecasts an increasing demand for oil, and the oil industry is doubling down on production plans ... projections for growing oil demand are wrong? ... So, why is the US projecting oil demand growth?.

Federal judge says area for oil and gas leases in Gulf of Mexico must be expanded

Longview News-Journal 23 Sep 2023
A federal judge has ordered the Biden administration to expand next week’s offshore oil and gas lease sales in the Gulf of Mexico by 6 million acres ... The affected round of lease sales is scheduled for Wednesday ... lease sales must take place; so we are grateful the Judge cut through the noise and upheld the law,” Landry said in a press release.

Ticker: Amazon Prime Video will soon come with ads, or a $2.99 monthly charge; Judge ...

Boston Herald 23 Sep 2023
Judge blocks government plan to scale back Gulf oil lease sale. A federal judge has ordered the Interior Department to expand next week’s scheduled sale of of Gulf of Mexico oil and gas leases by millions of acres, rejecting a�scaled-back plan�announced last month by the ...

Rate hike bets lift Canadian dollar to 2nd straight weekly gain

Reuters 23 Sep 2023
counterpart on Friday but held on to a weekly gain, as higher oil prices and the prospect of additional Bank of Canada interest rate hikes offset preliminary data showing that retail sales fell in August ... Data on Friday showed that Canadian retail sales grew by 0.3% in July from June, but were likely down 0.3% in August.

Court orders Biden to expand offshore oil auction

The Hill 23 Sep 2023
Judge removes Biden restrictions for offshore drilling lease sale ... District Judge James Cain Jr., a Trump appointee, blocked the administration from removing 6 million acres from an upcoming offshore oil and gas lease sale ... Prior to the decision, the Interior Department had scheduled a 67 million acre lease sale for Sept.


Winston-Salem Journal 23 Sep 2023
The Biden administration on Friday asked a judge to block a ruling issued Thursday night ordering the Interior Department to expand next week's scheduled sale of Gulf of Mexico oil and gas leases by millions of acres and rejecting the administration's scaled back plan aimed at protecting an endangered whale species.

TotalEnergies Said to Seek Sale of North Sea Greater Laggan Area

Rigzone 23 Sep 2023
A sale of the assets by TotalEnergies would continue a trend of oil majors and private equity firms leaving the aging North Sea ... .

Food Seasoning Oil Market Trends 2023: Analyzing Manufacturing Cost Structure And Latest Developments For Growth ...

MENA FN 23 Sep 2023
(MENAFN - The Express Wire) Food Seasoning Oil Market Research Report helps to Gain valuable insights into sales revenue, growth prospects, and emerging technologies shaping the future of industry ... .

KKR-backed BrightSpring is said to revive IPO seeking $1 billion

Gulf News 23 Sep 2023
New York ... A listing by the home and community-based health-care services provider backed by KKR & Co ... Read more. KKR invests $250 million in Indian billionaire Mukesh Ambani’s Reliance Retail BlackRock, KKR near sale of ADNOC oil pipeline stake to ADQ Abu Dhabi’s Mubadala, KKR acquire Canada-based liquid cooling solutions firm ... .

Judge promises quick decision on oil and gas lease sale

American Press 22 Sep 2023
At the end of August, BOEM announced that it would reduce the amount of acreage oil and gas developers could bid on in the final Inflation Reduction Act-mandated oil and gas lease sale scheduled for Sept ... Judge Cain repeatedly brought up the logic of the vessel restriction stipulation not used in other lease sales.

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