Daily Press Review (13 Sep 2024)

Singapore's AG&P in talks to buy H-Energy's LNG Terminal
(Economic Times)

Engaged with FinMin over review of windfall tax: Petroleum Secretary
(Business Standard)

Current refining margins on fuel unsustainable, will hurt refiners: Oil secretary
(Economic Times)

India's crude imports steady at 4.6 mb/d; product imports surge by 19% in July
(Economic Times)

India may buy more oil than China in 2024: IEA
(CNBC-TV18)

Asian LNG buyers seek flexible contracts to backstop supply security
(S&P Global)

India-GCC relations enter a new era with historic strategic dialogue
(DD News)

India wants OPEC+ to raise oil output, oil secretary says
(Reuters)

OMCs may cut petrol, diesel prices if crude oil stays low: Petroleum Ministry
(The New Indian Express)

Boost for govt spending on welfare, infrastructure as crude prices plunge
(Business Standard)

Paint, tyre, oil marketing and aviation companies cheer fall in crude oil prices
(Economic Times)

HPCL refinery is dream project of Rajasthan
(Sarkaritel)

Company Announcements

BPCL to establish JVs with Sembcorp Green Hydrogen and GPS Renewables, awaiting approvals
(BPCL)

BPCL intends to expand CCKPL and IDPL pipeline through an investment of Rs 1138 crore
(BPCL)

P Venkateswaran appointed as Chairman at Aban
(Aban Offshore)

ONGC Increases Stake In OPaL To 91.16% Following CCD Conversion
(ONGC)

India to be the Exclusive Partner for European Hydrogen Week in November 2024
(Press Information Bureau, Government of India)

UBPL awarded a Production Concession by SCFEA, Abu Dhabi
(IndianOil)

EET appoints Ruth Herbert as Managing Director, Business Development and Strategic Initiatives
(Essar)

TotalEnergies joins the first Japanese fund dedicated to the development of low-carbon hydrogen
(Total)