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US Hits Iran With Fresh Sanctions, Ramping Up "Maximum Pressure"
The United States on Monday announced sanctions against more than 30 Iran-linked people and vessels, including the head of the national oil company, for brokering the sale and shipment of Iranian oil.
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Climate Change, Future Of Fossil Fuels: Key Issues At COP28 Climate Summit
Following a year of record heat and drought, this year's UN climate summit will feature a contentious set of issues for countries working to find common ground in tackling climate change.
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Pakistan Airlines Cancels 26 Flights Amid Financial Crisis: Report
Pakistan International Airline (PIA) flights have been severely affected as Pakistan State Oil (PSO) stopped fuel supply to the national carrier over non-payment of dues to the company, Geo News reported on Monday.
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India, UAE Undertake First-Ever Crude Oil Transaction In Local Currency
The first-ever crude oil transaction under the newly implemented Local Currency Settlement (LCS) system took place on Monday between Abu Dhabi National Oil Company (ADNOC) and Indian Oil Corporation Limited (IOCL).
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ONGC Signs Mega Pact With Indian Oil Corporation For Petrochemicals
India's top oil and natural gas producer ONGC has signed a mega pact with the nation's largest oil refining and fuel marketing company Indian Oil Corporation (IOC) for exploring opportunities in the petrochemicals business.
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Russia To Ban Oil Exports To Countries Using Price Cap From February
Russia issued a decree Tuesday to ban oil sales to countries and companies that comply with a price cap agreed by Western nations in response to Moscow's offensive in Ukraine.
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Maharashtra Mega Refinery Project With Aramco In Trouble: Report
India is considering building several refineries instead of a single mega plant planned with Saudi Aramco and Abu Dhabi National Oil Company (ADNOC), due to challenges in acquiring land, three sources familiar with the matter said.
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Crisis-Hit Sri Lanka Pursues Foreign Oil Firms Amid Acute Fuel Shortages
Sri Lanka canvassed oil companies in petroleum-producing nations on Tuesday to import and sell their products in the Indian Ocean island, opening its market to resolve acute shortages of fuel during its worst economic crisis in decades.
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Punjab National Bank Stops Digital Payment Incentive On Fuel Purchase
The lender said it has discontinued to pass on the 0.75 per cent fuel incentives from May this year
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Reliance Industries Signs Agreement For UAE Project
Reliance Industries Limited (RIL) has signed a formal shareholder agreement for the $2 billion TA'ZIZ chemical joint venture in the UAE
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Commercial 19 Kg LPG Cylinder Prices Slashed By Rs 91.50: Report
National Oil Marketing companies have slashed the prices of 19 kg commercial LPG cylinder cost by Rs 91.50 effective from February 1.
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Bodies Of 2 Indians Killed In Drone Attack In Abu Dhabi Reach Punjab
The bodies of the two Indians who were killed in a drone attack in Abu Dhabi have reached Punjab today.
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Reliance To Get First Oil Cargo From Abu Dhabi-Based Trading Arm In December
Billionaire Mukesh Ambani-backed Reliance group in October announced plans to set up Reliance International Ltd to trade in crude oil, petroleum, petrochemical products and agricultural commodities.
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Petrol, Diesel Prices Remain Unchanged For 17 Days In A Row
Petrol and Diesel Prices Today: In the national capital, petrol is being sold for Rs 103.97 per litre, while diesel rate is at Rs 86.67 per litre
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Reliance To Re-Evaluate Saudi Aramco's Stake In Oil-To-Chemicals Arm
Billionaire Mukesh Ambani-led Reliance Industries has withdrawn its application with the National Company Law Tribunal (NCLT) for segregating its oil-to-chemicals (O2C) business, following a mutual decision with Saudi Aramco to re-evaluate the stake sale of the O2C arm. The move came in light of Reliance's new energy business plans and the ''evolvi...
-
US Hits Iran With Fresh Sanctions, Ramping Up "Maximum Pressure"
The United States on Monday announced sanctions against more than 30 Iran-linked people and vessels, including the head of the national oil company, for brokering the sale and shipment of Iranian oil.
-
Climate Change, Future Of Fossil Fuels: Key Issues At COP28 Climate Summit
Following a year of record heat and drought, this year's UN climate summit will feature a contentious set of issues for countries working to find common ground in tackling climate change.
-
Pakistan Airlines Cancels 26 Flights Amid Financial Crisis: Report
Pakistan International Airline (PIA) flights have been severely affected as Pakistan State Oil (PSO) stopped fuel supply to the national carrier over non-payment of dues to the company, Geo News reported on Monday.
-
India, UAE Undertake First-Ever Crude Oil Transaction In Local Currency
The first-ever crude oil transaction under the newly implemented Local Currency Settlement (LCS) system took place on Monday between Abu Dhabi National Oil Company (ADNOC) and Indian Oil Corporation Limited (IOCL).
-
ONGC Signs Mega Pact With Indian Oil Corporation For Petrochemicals
India's top oil and natural gas producer ONGC has signed a mega pact with the nation's largest oil refining and fuel marketing company Indian Oil Corporation (IOC) for exploring opportunities in the petrochemicals business.
-
Russia To Ban Oil Exports To Countries Using Price Cap From February
Russia issued a decree Tuesday to ban oil sales to countries and companies that comply with a price cap agreed by Western nations in response to Moscow's offensive in Ukraine.
-
Maharashtra Mega Refinery Project With Aramco In Trouble: Report
India is considering building several refineries instead of a single mega plant planned with Saudi Aramco and Abu Dhabi National Oil Company (ADNOC), due to challenges in acquiring land, three sources familiar with the matter said.
-
Crisis-Hit Sri Lanka Pursues Foreign Oil Firms Amid Acute Fuel Shortages
Sri Lanka canvassed oil companies in petroleum-producing nations on Tuesday to import and sell their products in the Indian Ocean island, opening its market to resolve acute shortages of fuel during its worst economic crisis in decades.
-
Punjab National Bank Stops Digital Payment Incentive On Fuel Purchase
The lender said it has discontinued to pass on the 0.75 per cent fuel incentives from May this year
-
Reliance Industries Signs Agreement For UAE Project
Reliance Industries Limited (RIL) has signed a formal shareholder agreement for the $2 billion TA'ZIZ chemical joint venture in the UAE
-
Commercial 19 Kg LPG Cylinder Prices Slashed By Rs 91.50: Report
National Oil Marketing companies have slashed the prices of 19 kg commercial LPG cylinder cost by Rs 91.50 effective from February 1.
-
Bodies Of 2 Indians Killed In Drone Attack In Abu Dhabi Reach Punjab
The bodies of the two Indians who were killed in a drone attack in Abu Dhabi have reached Punjab today.
-
Reliance To Get First Oil Cargo From Abu Dhabi-Based Trading Arm In December
Billionaire Mukesh Ambani-backed Reliance group in October announced plans to set up Reliance International Ltd to trade in crude oil, petroleum, petrochemical products and agricultural commodities.
-
Petrol, Diesel Prices Remain Unchanged For 17 Days In A Row
Petrol and Diesel Prices Today: In the national capital, petrol is being sold for Rs 103.97 per litre, while diesel rate is at Rs 86.67 per litre
-
Reliance To Re-Evaluate Saudi Aramco's Stake In Oil-To-Chemicals Arm
Billionaire Mukesh Ambani-led Reliance Industries has withdrawn its application with the National Company Law Tribunal (NCLT) for segregating its oil-to-chemicals (O2C) business, following a mutual decision with Saudi Aramco to re-evaluate the stake sale of the O2C arm. The move came in light of Reliance's new energy business plans and the ''evolvi...
