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Latest Articles in oil

IEA Warns Saudi Arabia's Oil Production Cut Plan To Tighten Indian Economy

Saudi Arabia and other OPEC-plus producers have decided to cut oil production and looking at the IEA analysis, the second half of this year’s markets seem very tight

Saudi Arabia, OPEC+ Announce Cuts In Oil Production

BW Online Bureau

Energy & Infra

The latest reductions could lift oil prices by USD 10 per barrel, the head of investment firm Pickering Energy Partners said on Sunday

India, Russia To Discuss Energy Security As Oil, Coal Trade Soars

BW Online Bureau

World

Indian imports of coal surged to 9.35 million tonnes in the six full months since the invasion

Putin Threatens To Halt Energy Supplies

BW Online Bureau

Energy & Infra

Speaking at an economic forum in Vladivostok, Putin blasted Europe's calls for a price cap on Russian gas as "stupid", and said Russia would walk away from its supply contracts if the West imposed price caps on Russia's exports

World Bank Welcomes India's Move Of Selling Oil From Its Stockpiles

BW Online Bureau

Economy

The World Bank president said there will be a strong effort to have less dependency on Russia for energy supplies and on China for the supply chain

Vedanta To Invest $1.5 Bn Across Oil, Zinc, Steel business

BW Online Bureau

Companies & Markets

It also approved a $466 million phase-2 expansion of the Gamsberg zinc project in South Africa and another $348 million for steel expansion.

No Proposal To Transfer ONGC's Assets To OIL: Centre In Rajya Sabha

BW Online Bureau

National

Assam Chief Minister Himanta Biswa Sarma had earlier this year written to Prime Minister Narendra Modi requesting him to consider transferring all assets of Oil and Natural Gas Corporation (ONGC) in the northeastern region to Oil India Ltd.