petroleum

CBDT Grants Tax Exemption to Petroleum and Natural Gas Regulatory Board Effective from AY 2024-25

On November 12, 2024, the Central Board of Direct Taxes (CBDT) issued a notification granting tax-exempt status to the Petroleum and Natural Gas Regulatory Board (PNGRB) under section 10(46A)(b) of the Income-tax Act, 1961. ...




petroleum

MRPL gets special award for innovation by Petroleum Ministry




petroleum

Overpressure detection from geophysical, drilling and well testing data for petroleum exploration wells in the Beaufort-Mackenzie Basin, Yukon and Northwest Territories

Hu, K; Issler, D R; Chen, Z. Geological Survey of Canada, Open File 6692, 2021, 37 pages, https://doi.org/10.4095/327948
<a href="https://geoscan.nrcan.gc.ca/images/geoscan/gid_327948.jpg"><img src="https://geoscan.nrcan.gc.ca/images/geoscan/gid_327948.jpg" title="Geological Survey of Canada, Open File 6692, 2021, 37 pages, https://doi.org/10.4095/327948" height="150" border="1" /></a>




petroleum

Overview of the age, evolution, and petroleum potential of the Eagle Plain Basin, Yukon

Re-release; Lane, L S; Bell, K M; Issler, D R. Sedimentary basins of northern Canada: contributions to a 1000 Ma geological journey and insight on resource potential; by Lavoie, D (ed.); Dewing, K (ed.); Geological Survey of Canada, Bulletin 609, 2022 p. 77-89, https://doi.org/10.4095/326092
<a href="https://geoscan.nrcan.gc.ca/images/geoscan/gid_326092.jpg"><img src="https://geoscan.nrcan.gc.ca/images/geoscan/gid_326092.jpg" title="Sedimentary basins of northern Canada: contributions to a 1000 Ma geological journey and insight on resource potential; by Lavoie, D (ed.); Dewing, K (ed.); Geological Survey of Canada, Bulletin 609, 2022 p. 77-89, https://doi.org/10.4095/326092" height="150" border="1" /></a>




petroleum

US Administration Purchases 4.65 Million Barrels of Crude Oil for Strategic Petroleum Reserve

In July 2024, the Biden-Harris administration made a significant move to bolster the United States’ energy security by purchasing 4.65 million barrels of crude oil for the Strategic Petroleum Reserve (SPR). This acquisition is part of a broader effort to replenish the SPR, which had been significantly drawn down in response to the global energy crisis triggered by the Russian invasion of Ukraine in 2022. The U.S. Department of Energy (DOE) confirmed that this latest purchase brings the total amount of crude oil secured for the SPR to over 40 million barrels since the administration began its replenishment efforts. The DOE has been able to procure this oil at an average price of $77 per barrel, which is nearly $20 less per barrel than the average sales price during the emergency releases in 2022. This strategic purchasing not only ensures a good deal for American taxpayers but also maintains the operational readiness of the SPR. Energy Secretary Jennifer Granholm emphasized the administration’s commitment to safeguarding the nation’s energy security while securing favorable terms for taxpayers. She noted that the DOE has successfully accelerated the return of nearly 5.5 million barrels initially slated for later in the year, further maximizing the...




petroleum

Petroleum products prices expected to 'rise by Rs5.50 per litre'

A large number of motorists gathered in a queue to fill petrol in Karachi on Friday, July 5, 2024. — PPI Govt to announce fresh rates on Nov 15.New prices to come into effect on Nov 16.Federal govt hiked prices in previous review.

KARACHI: The price of petroleum...




petroleum

Pakistan sees Rs47.54 per litre drop in fuel prices since May, reports petroleum minister

Musadik Masood Malik says rate of petroleum levy to also decrease with increase in tax-to-GDP ratio




petroleum

New OSHA PSM guide focuses on petroleum refineries

Washington – OSHA has published a guide intended to help oil refineries comply with the agency’s Process Safety Management Standard (1910.119).




petroleum

National Academies calls for enhanced regulation of liquefied petroleum gas systems

Washington — Federal regulation of small distribution systems for propane and other liquefied petroleum gas should be revised for clarity, efficiency, enforceability and applicability to risk, a new report from the National Academies of Sciences, Engineering, and Medicine concludes.




petroleum

U.S. Department of Transportation Should Revisit Federal Safety Regulations for Liquid Petroleum Gas Distribution Systems, Says New Report

Current federal safety regulations for small distribution systems used for propane and other liquefied petroleum gases (LPGs) should be improved for clarity, efficiency, enforceability, and applicability to risk, says a new report from the National Academies of Sciences, Engineering, and Medicine.




petroleum

Zero Emission Vehicles Represent the Future of Energy Efficiency, Petroleum and Emissions Reductions in 2025-2035, New Report Says

Increased use of zero emission vehicles (ZEVs) presents the greatest opportunity to improve the energy efficiency of light-duty vehicles — i.e., passenger vehicles and light trucks — over the period of 2025-2035, says a new congressionally mandated report from the National Academies of Sciences, Engineering, and Medicine.




petroleum

Marquis Who's Who Honors Anthony Ndah for Expertise in the Petroleum Sector

Anthony Ndah is lauded for his dedication to the field as the president and chief executive officer of Atlantic Petroleum




petroleum

Marquis Who's Who Honors Ralph Pereira for Expertise in Technology, Energy, Finance, and Petroleum

Ralph Pereira is honored for his contributions as the president of CompHaiti S.A. and through nonprofit work




petroleum

J. Daniel Arthur, PE, SPEC, CPG, FGS, QMS, Recognized for Excellence in the Field of Petroleum Engineering

J. Daniel Arthur, PE, SPEC, CPG, FGS, QMS, serves as the president and chief engineer of ALL Consulting LLC




petroleum

R. Scot Buell Celebrated for Dedication to the Petroleum Industry

R. Scot Buell channels years of expertise into his work with Chevron Corporation




petroleum

University of Toronto’s Faculty of Applied Science & Engineering announces establishment of the Foundation CMG Research Chair in Fundamental Petroleum Rock Physics and Rock Mechanics

Toronto, ON – University of Toronto Professor Giovanni Grasselli, of the Department of Civil Engineering, has been named the inaugural holder of the Foundation CMG Industrial Research Chair in Fundamental Petroleum Rock Physics and Rock Mechanics. Professor Grasselli is joining 12 chairs at 12 universities, including Penn State and the University of Texas in Austin, […]




petroleum

Nigeria: We've Stopped Importing Refined Petroleum - NNPC GCEO Kyari

[Vanguard] The Nigerian National Petroleum Company (NNPC) Limited has ceased importing refined petroleum products, according to Mele Kyari, the group chief executive officer (GCEO) of NNPC.




petroleum

AG Jennings announces suit to hold Exxon, American Petroleum Institute, 29 others accountable for climate change costs

Claims include Negligent Failure to Warn, Trespass, Nuisance and Consumer Fraud Act violations Attorney General Kathy Jennings announced Thursday that Delaware is suing 31 fossil fuel companies on behalf of the state’s residents and businesses to hold them accountable for decades of deception about the role their products play in causing climate change, the harm […]



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petroleum

This Week in Petroleum (10/17/2024)

Supply data are as of October 11, 2024; retail prices are as of October 14, 2024. ...




petroleum

This Week in Petroleum (10/23/2024)

Supply data are as of October 18, 2024; retail prices are as of October 21, 2024. ...




petroleum

This Week in Petroleum (10/30/2024)

Supply data are as of October 25, 2024; retail prices are as of October 28, 2024. ...




petroleum

This Week in Petroleum (11/6/2024)

Supply data are as of November 1, 2024; retail prices are as of November 4, 2024. ...




petroleum

EIA expects oil prices to increase despite concerns over economic growth and petroleum demand

The U.S. Energy Information Administration (EIA) expects that Brent crude oil prices will return to above $80 per barrel this month, after dipping to $73 per barrel on September 6. In its September Short-Term Energy Outlook (STEO), EIA forecasts that the Brent crude oil spot price will average $82 per barrel in the fourth quarter of the year.




petroleum

Wildlife And Environment Conservation ... vs Ministry Of Petroleum And Natural Gas on 11 November, 2024

1. Mr. Devansh Mohta, learned Counsel assisted by Mr. Vikram Rajkhowa, learned Counsel is present on behalf of the Applicant in Miscellaneous Application No.31/2023/EZ.

2. Arguments could not be concluded today.

1

3. On the request of the Counsel for the parties, put up this matter for further hearing on 25.11.2024.

4. List on 25.11.2024 for further hearing.

..................................... B. Amit Sthalekar, JM ............................................. Dr. Arun Kumar Verma, EM November 11, 2024, Original Application No.44/2020/EZ With Miscellaneous Application No.31/2023/EZ In Original Application No.43/2020/EZ SKB




petroleum

Wildlife And Environment Conservation ... vs Ministry Of Petroleum And Natural Gas on 29 July, 2020

The 'preliminary report' dated 24.07.2020 filed by the Expert Committee constituted by this Tribunal vide order dated 24.06.2020 is taken on record. On the request of learned Counsel appearing for the parties, adjourned to 06.08.2020. Liberty to file further submission, if any, before the next date.

Adarsh Kumar Goel, CP S. P. Wangdi, JM Dr. Nagin Nanda, EM July 29, 2020 Original Application No. 43/2020(EZ) & Original Application No. 44/2020(EZ) DV




petroleum

Wildlife And Environment Conservation ... vs Ministry Of Petroleum And Natural Gas on 15 February, 2021

1.1 We have heard learned Counsel for the parties. Hearing concluded. Order reserved. The order will be uploaded on the website, after due consideration, on or before 19.02.2021.

Adarsh Kumar Goel, CP S.K. Singh, JM Dr. Nagin Nanda, EM February 15, 2021 Original Application No. 43/2020(EZ) with connected matters DV




petroleum

Wildlife And Environment Conservation ... vs Ministry Of Petroleum And Natural Gas on 24 June, 2020

1. Case taken up by video conference on Vidyo App.

2. These cases are taken up together as identical questions have been raised. The Applicant in O.A. No. 43/2020/EZ, an environmentalist, who has preferred the application alleging failure of the Respondent Authorities in preventing the blowout of Baghjan 5 oil well of the Respondent No. 1, M/s. Oil India Ltd. (OIL in short), resulting in a massive fire causing irreparable loss to the entire biodiversity of the region and loss of lives and property.

3. It is stated that on 27.05.2020 at around 10:30 AM the producing well of Baghjan 5 under the Baghjan Oilfield of OIL in Tinsukia District, Assam, released natural gas in an uncontrolled manner. Baghjan is one of the 23 oil wells set up by OIL to tap the large gas reserves in the Brahmaputra basin located near the Eco Sensitive Zone (ESZ) of the Dibru-Saikhowa National Park. The released gas is stated to be a mix of propane, methane, propylene and other gases that flow with the wind the condensate of which mostly falls on the bamboo groves, tea gardens, banana trees and betel nut trees in the area and also spread into the Dibru- Saikhowa National Park which, according to the Applicant, records over 40 mammals, 500 species of birds, 104 fish species, 105 butterfly species and 680 types of plants, including a wide variety of rare orchids. It harbours the tiger, elephant, wild buffalo, leopard, hoolock gibbon, capped langur, slow loris, Gangetic dolphin, besides critically endangered bird species such as the Bengal Florican, White Winged Duck, Greater Adjutant stork, White rumped vulture, slender billed vulture as well as the rare and endemic Black-breasted parrotbill.




petroleum

Wildlife And Environment Conservation ... vs Ministry Of Petroleum And Natural Gas on 6 August, 2020

1. This order is being passed in continuation of orders dated 24.06.2020 and 02.07.2020 dealing with the issue of providing remedies to the victims and for restoration of environment as a result of incident of oil blowout on 27.05.2020 and other consequential events that followed at Baghjan in Tinsukia District of Assam.

2. The Tribunal noted the case of the applicant that as a result of blowout on 27.5.2020, the Baghjan Oil well set up by the Oil India Limited (OIL) released propane, methane, propylene and other gases causing damage to bamboo groves, tea gardens, banana trees and betel nut trees in the area and also spread into the Dibru-Saikhowa National Park which, according to the Applicant, records over 40 mammals, 500 species of birds, 104 fish species, 105 butterfly species and 680 types of plants including a wide variety of rare orchids. The area harbours tiger, elephant, wild buffalo, leopard, hoolock gibbon, capped langur, slow loris, Gangetic dolphin, besides critically endangered bird species such as the Bengal Florican, White Winged Duck, Greater Adjutant stork, White rumped vulture, slender billed vulture as well as the rare and endemic Black-breasted parrotbill. The oil also spilled into the Dibru river causing a film of oil in the river that passes through the Maguri- Motapung wetlands, an Important Bird and Biodiversity Area, and along the Dibru Saikhowa National Park. The Maguri-Motapung Wetland, located less than 10 km from Dibru-Saikhowa National Park, is a part of the Dibru-Saikhowa Biosphere Reserve (DSBR) and hosts some of the most vulnerable species of birds such as Swamp Francolin, Marsh Babbler, Greater Adjutant and Pallas's Fish-eagle, Red-headed Vulture and White-bellied Heron, and over 80 species of fish. River Dibru is a tributary of River Lohit which then forms river Brahmaputra in the lower reaches. Brahmaputra river system is also a home to Gangetic dolphins. As a result of the blowout, there was also a fire on 09.06.2020. The applicant has also stated that the blowout has left behind huge volumes of residue as gas condensate which is a mixture of chemical compounds that are toxic for land and vegetation and is a known carcinogen. The blowout is not only hazardous to the health of the people but also severely affect their livelihood whose occupation is mainly agriculture, fishing and animal rearing. 1610 families were displaced as a result of the gas leak.




petroleum

An ensemble model for rapid quantitative determination of vanadium (V) in petroleum coke by laser-induced breakdown spectroscopy

J. Anal. At. Spectrom., 2024, 39,2841-2855
DOI: 10.1039/D4JA00300D, Paper
Hongkun Du, Tengfei Sun, Shaoying Ke, Dongfeng Qi, Wei Zhang, Juan Wei, Bing Yang, Hongyu Zheng
Precise detection and analysis of trace elements in materials are critical for various industrial applications.
The content of this RSS Feed (c) The Royal Society of Chemistry




petroleum

Does Drawing Down the U.S. Strategic Petroleum Reserve Help Stabilize Oil Prices? [electronic journal].




petroleum

Windfall tax on crude petroleum slashed to zero

The last such revision took place effective August 31 when the windfall tax on crude petroleum was set at ₹1,850 per tonne




petroleum

Hindustan Petroleum Corporation Ltd. - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate




petroleum

Evolution Petroleum's (EPM) CEO Jason Brown on Q3 2020 Results - Earnings Call Transcript




petroleum

U.S. Department of Transportation Should Revisit Federal Safety Regulations for Liquid Petroleum Gas Distribution Systems, Says New Report

Current federal safety regulations for small distribution systems used for propane and other liquefied petroleum gases (LPGs) should be improved for clarity, efficiency, enforceability, and applicability to risk, says a new reportfrom the National Academies of Sciences, Engineering, and Medicine.




petroleum

Petroleum industry’s freshwater use puts pressure on areas with water scarcity issues

The impact that national energy sectors have on international freshwater resources has been demonstrated in the first global study of its kind. The analysis of 129 countries showed differences between countries and sectors in their reliance on international freshwater resources. For example, although the petroleum industries of North America and China are similar in magnitude, the North American industry consumes three times as much international freshwater. Demands from economically developed countries on less economically developed countries, which may have pre-existing water-scarcity issues, compound these problems and complicate the creation of policies that ensure both water and energy security.




petroleum

Deepwater Horizon: the fate of petroleum in the deep ocean

In a new study, scientists have analysed the outcome of millions of barrels of oil and gas discharged into the Gulf of Mexico during the Deepwater Horizon disaster. By measuring changes in the composition of the fluid, scientists now have a better understanding of how pollution behaves in the deep ocean, to improve estimates of environmental impact.




petroleum

Pollutants at India’s biggest ship recycling yard, including heavy metals and petroleum hydrocarbons, quantified

A study of the pollution caused by ship scrapping in Alang, India, shows significantly higher levels of heavy metal and petroleum hydrocarbons in sediment and seawater, compared to a control site. The researchers also found reduced populations of zooplankton — a critical food source for marine biota — and increased numbers of pathogenic bacteria.




petroleum

Oil spills could be cleaned up by bacteria from underground petroleum reserves

Bacteria taken from underground petroleum reserves could be used to effectively break down crude oil from spills at sea, new research has found. The study measured the breakdown of crude oil components in simulated seawater by four bacterial strains that had been isolated from petroleum reservoirs, as well as by four genetically modified stains. The findings raise the possibility of tailor-making organisms to clean up specific types of contamination.




petroleum

Aminex Petroleum Wins Extension on Mtwara License

The next phase will further de-risk the 763 billion cubic feet of 2C resources at the Ntorya field.




petroleum

Qatar Petroleum, Total Ink Mexico Farm-In Deal

Qatar will acquire 30 percent of Total's participating interest in select blocks in the Campeche basin.




petroleum

Aloha Petroleum installs EV fast charge stations

Electric vehicle owners on Oahu can plug in for a fast charge at one of three locations.




petroleum

10 health-related uses for petroleum jelly

That tub of Vaseline that you probably remember seeing in your grandmother's house warrants a spot in your medicine cabinet, too.



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petroleum

Test your self-reliance in a post-petroleum world

Answer 20 questions to get your resiliency score -- and find out how self and community-sufficient you are.




petroleum

Link drop: Bears, billionaires, and British Petroleum

Fiat offers loaner bikes to drivers in need, the Atlantic ocean gets its own garbage patch, and researchers find a massive oil plume lurking beneath the Gulf of



  • Wilderness & Resources

petroleum

James G. Work Celebrated for Dedication and Success in the Petroleum Industry

Mr. Work retired from his work with the IPR Egypt Companies (Energy Suez, Inc., IPR TransOil Corp. and IPR Energy Red Sea, Inc.) in Cairo, Egypt after 40 years in both domestic and international oil and gas exploration, development and operations.




petroleum

Lifeview Petroleum Inc. gets listed on THE OCMX

The OCMX™ is pleased to announce the listing of Lifeview Petroleum Inc. to its online portal which offers Investors and Advisors the ability to participate in this opportunity.




petroleum

Plunging oil prices, coronavirus fuel budget crisis in petroleum-rich Alaska




petroleum

India to build two more strategic petroleum reserves, says Piyush Goyal

India to build two more strategic petroleum reserves, says Piyush Goyal





petroleum

Nano catalytic dewaxing of heavy petroleum wastes (>C-23 alkanes)

A catalyst comprising of nano nickel-silica catalyst for dewaxing of heavy petroleum feed at a temperature 200-350° C. at 8 bar and 30 bar hydrogen pressure and in the presence of hydrogen is designed for petrochemical industries. According to a specific aspect of the invention, the nano catalyst is designed and employed to convert heavy hydrocarbon feeds of high viscosity index to low pour point and good stability in a single step.




petroleum

Hydrogenated petroleum resin pellet production method

After a cyclopentadiene compound and a vinyl aromatic compound are thermally polymerized, the obtained copolymer is subjected to a hydrogenation reaction to form a hydrogenated product. After most of the hydrogenation solvent is separated by a solvent evaporation tank from the hydrogenated product, an additive separately prepared by dissolving an antioxidant is added to the hydrogenated product to form a mixture. While the hydrogenation solvent is a naphthenic solvent, the additive is prepared by dissolving the antioxidant in an aromatic additive solvent having the same carbon atoms as those of the hydrogenation solvent. Then, the low-molecular-weight component as well as the remaining hydrogenation solution and the additive solvent are separated by a thin-film evaporator from the mixture. The obtained molten resin is pelletized to produce hydrogenated petroleum resin pellets. The time for uniformly blending the antioxidant can be shortened.