The Indo-Bangla Friendship Pipeline is ready to open
The 130-km Friendship Pipeline between Bangladesh and India, which will transport gasoline or diesel, is ready for opening. The pipeline,…
IndianOil starts selling petroleum products in Bangladesh
The Indian Oil Company has resumed the long-term supply of refined petroleum products to Bangladesh using ocean-going vessels. This is…
Huge Profits of the global oil and gas industry
The global oil and gas industry’s profits soared to approximately $4 trillion in 2022, a tremendous increase from its recent…
Oil prices soar as Russia reduces production
Oil prices increased on Friday as a result of Russia cutting its oil production in response to a Western export…
State-owned oil companies have seen bumper growth in 2022
Due to the increase in fuel prices, four state-owned petroleum distribution companies—Padma Oil, Meghna Petroleum, Jamuna Oil, and Eastern Lubricants—saw…
Government expands OVL’s PSC contract
The Indian oil and gas exploration company ONGC Videsh Ltd.’s (OVL) production-sharing contract (PSC) has been extended by the government…
