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Oil Tankers Collide Off UAE, Evacuation Mission Carried Out To Rescue Crew
Twenty-four crew have been rescued after two oil tankers collided off the UAE, sparking at least one fire, the United Arab Emirates coastguard and a shipping company said on Tuesday.
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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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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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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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Tax Cut By Government Can Help Says Oil Companies As Petrol, Diesel Hit New All-Time High
In the national capital, petrol is priced at an all-time high of Rs. 86.95 per litre, while diesel costs Rs. 77.13 per litre.
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Xiaomi, 8 More Chinese Companies Blacklisted by US Government Over Alleged Military Links
The US government has blacklisted Chinese smartphone maker Xiaomi and China’s third-largest national oil company CNOOC for alleged military links, heaping pressure on Beijing in President Donald Trump’s last week in office.
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Trump To Add China Chipmaker, Oil Company To Defence Blacklist: Report
The Trump administration is poised to add China's top chipmaker SMIC and national offshore oil and gas producer CNOOC to a blacklist of alleged Chinese military companies, according to a document and sources, curbing their access to US investors and escalating tensions with Beijing weeks before President-elect Joe Biden takes office.
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Trump to Add Chinese Chipmaker SMIC to Defense Blacklist: Sources
The Trump administration could add China's top chipmaker SMIC and national offshore oil and gas producer CNOOC to a blacklist of alleged Chinese military companies, according to a document and sources, curbing their access to US investors. This could escalate tensions between US and China weeks before President-elect Joe Biden takes office.
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Diesel Sees Marginal Price Cut Of Up To 8 Paise In Metros; Petrol Rates Unchanged
Oil marketing companies on Tuesday reduced diesel rates by 8 paise in metros. In the national capital, diesel is retailed at Rs. 70.63 per litre while petrol rate was left untouched at Rs. 81.06 per litre.
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Petrol & Diesel Prices Cut By 8 Paise & 15 Paise In Delhi
State-run oil marketing companies on Tuesday revised the fuel prices across the country. Domestic petrol prices have been reduced by up to 15 paise whereas petrol rates are cut by up to 8 paise in metro cities, as per the notifications by the Indian Oil Corporation. Petrol prices have been reduced across all metros after a gap of three days. Howeve...
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Oil Tankers Collide Off UAE, Evacuation Mission Carried Out To Rescue Crew
Twenty-four crew have been rescued after two oil tankers collided off the UAE, sparking at least one fire, the United Arab Emirates coastguard and a shipping company said on Tuesday.
-
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).
-
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.
-
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.
-
Tax Cut By Government Can Help Says Oil Companies As Petrol, Diesel Hit New All-Time High
In the national capital, petrol is priced at an all-time high of Rs. 86.95 per litre, while diesel costs Rs. 77.13 per litre.
-
Xiaomi, 8 More Chinese Companies Blacklisted by US Government Over Alleged Military Links
The US government has blacklisted Chinese smartphone maker Xiaomi and China’s third-largest national oil company CNOOC for alleged military links, heaping pressure on Beijing in President Donald Trump’s last week in office.
-
Trump To Add China Chipmaker, Oil Company To Defence Blacklist: Report
The Trump administration is poised to add China's top chipmaker SMIC and national offshore oil and gas producer CNOOC to a blacklist of alleged Chinese military companies, according to a document and sources, curbing their access to US investors and escalating tensions with Beijing weeks before President-elect Joe Biden takes office.
-
Trump to Add Chinese Chipmaker SMIC to Defense Blacklist: Sources
The Trump administration could add China's top chipmaker SMIC and national offshore oil and gas producer CNOOC to a blacklist of alleged Chinese military companies, according to a document and sources, curbing their access to US investors. This could escalate tensions between US and China weeks before President-elect Joe Biden takes office.
-
Diesel Sees Marginal Price Cut Of Up To 8 Paise In Metros; Petrol Rates Unchanged
Oil marketing companies on Tuesday reduced diesel rates by 8 paise in metros. In the national capital, diesel is retailed at Rs. 70.63 per litre while petrol rate was left untouched at Rs. 81.06 per litre.
-
Petrol & Diesel Prices Cut By 8 Paise & 15 Paise In Delhi
State-run oil marketing companies on Tuesday revised the fuel prices across the country. Domestic petrol prices have been reduced by up to 15 paise whereas petrol rates are cut by up to 8 paise in metro cities, as per the notifications by the Indian Oil Corporation. Petrol prices have been reduced across all metros after a gap of three days. Howeve...
