Oil Industry News
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Texas oil industry becoming 'Californicated' could have 'dire consequences' for economy, energy boss warns
U.S. Oil and Gas Association President Tim Stewart is sounding the alarm over the potential fallout if the Lone Star State were to adopt California-style energy policies. Stewart stressed that “the absolute worst thing that could happen to…
Oil Ministry disputes K'taka's claim of excess ethanol in petrol
The Petroleum Ministry on Saturday disputed claims by the Karnataka government that petrol sold at certain retail outlets in the state contained 26-31 per cent ethanol, saying tests conducted by state-run oil marketing companies (OMCs) found…
Crude Oil Price Surge, Gold & Silver Decline: Samvat 2082 Commodity Market Analysis
Explore the dramatic shifts in commodity markets during Samvat 2082, where crude oil prices soared due to geopolitical tensions, while gold and silver experienced significant corrections despite initial rallies, impacting both international and…
Azerbaijan's Chirag platform produces nearly 108 million tonnes of oil over 29 years
Azerbaijan's Chirag offshore platform has produced 107.8 million tonnes of oil and 25 billion cubic metres of natural gas since operations began in 1997, according to the Ministry of Energy. The figures, recorded as of November 1, 2026, mark 29…
A 'geologic freak' called the Smackover may end America's lithium dependence on China, and Big Oil is already there
Global lithium demand has jumped more than 400% just this decade, to over 1.5 million metric tons per year. By 2035, that demand could approach 4 million tons. Lithium-ion battery demand for electric vehicles, utility-scale and data center energy…
Why are oil traders refusing to buy Russian diesel after Trump-Putin deal?
At least three tankers carrying Russian diesel to the United States have changed course, casting doubt over US President Donald Trump's October deal with his Russian counterpart, Vladimir Putin. Nearly a month after Trump agreed to let Russia…
Bayraktar Says Turkey Sees Room for Iraq-Syria Oil Route
Iraq's proposed oil corridor through Syria remains under study as Turkey's Energy and Natural Resources Minister Alparslan Bayraktar says Ankara sees space for competing export routes, The National reported. At a Nov. 6 briefing in Istanbul…
4 Used Cars With Oil-Burning Engines That Consumer Reports Says To Avoid
For any savvy driver reluctant to cough up the eye-wateringly steep new-car asking prices today, a used car seems like a no-brainer option. However, buying a used car can be a minefield, too. Inspect the car too casually, and you could be flirting…
E20 petrol supplied by PSU oil firms meets prescribed quality standards: Oil Min
The 56 samples tested in Karnataka, covering different locations and all three oil marketing companies (OMCs), recorded ethanol content of 19-20 per cent, averaging 19.30 per cent, the ministry said. The findings directly contradict a recent press…
31% ethanol in petrol? Oil companies challenge Karnataka government's claims
4 min read Bengaluru Make us preferred source on Google Your feedback has been reported succesfully. Three public sector oil marketing companies (OMCs)—Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum…
Assam OIL facility fire death toll rises to two
Published - November 07, 2026 12:19 pm IST - GUWAHATI Subscribe to The Hindu @ Just ₹1* Subscribe to The Hindu @ Just $4.99 *Offer only for new subscribers The death toll in the explosion at an Oil India Limited (OIL) facility in eastern…
Assam OIL facility fire death toll rises to three
Updated - November 07, 2026 06:14 pm IST - GUWAHATI Subscribe to The Hindu @ Just ₹1* Subscribe to The Hindu @ Just $4.99 *Offer only for new subscribers Two of the six persons injured in Friday's (November 6, 2026) fire following an…
E20 Fuel Row: Oil Companies Reject Karnataka's Claims Of Excess Ethanol, Assert Petrol Meets Quality Standards
New Delhi: Public sector oil marketing companies (OMCs) Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) have rejected claims by the Karnataka government that…
EPA enhances federalism, takes aim at costly oil and gas regs * WorldNetDaily * by Lora Current, Real Clear Wire
President Trump's Environmental Protection Agency (EPA) is taking another step toward restoring a more practical balance between environmental protection, economic opportunity, and the role of the states. Last week, on Oct. 27, the President and…
Assam oil facility fire: Sonowal speaks to Oil India CMD, urges medical care for injured
Sonowal further advocated a high-level inquiry by the concerned authorities to establish the exact cause of the fire and bring all aspects surrounding the incident to light. Meanwhile, one worker died, and six others sustained injuries after a…
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