New Delhi: The energy transition to a net zero carbon world is an existential challenge for oil and gas majors but US companies are lagging way behind their European rivals in …
‘US oil majors unprepared for clean energy transition’ Read More
New Delhi: At least in the oil sector, the global health emergency caused by coronavirus is coming to India’s advantage. While the severe demand squeeze due to the pandemic helped …
India’s oil bill may dip 40% in FY21 on Covid, low rates Read More New Delhi: India is staring at a WTI moment with refiners flooding the market with petroleum products that has not enough takers in the absence of demand in the present …
Lockdown puts India in similar position that led to US oil WTI crash Read More
New Delhi: The oil price freefall is unlikely to be halted anytime soon as the forthcoming flood of supply, overwhelmed inventories and coronavirus-led demand shock would push further pressure on …
Drastic low: Oil may fall to $20 a barrel soon, predict brokerages Read More
New Delhi: Public sector oil explorer Oil India Ltd (OIL) may move Telecom Disputes Settlement and Appellate Tribunal (TDSAT) challenging any move by Department of Telecommunications (DoT) to seek additional …
OIL may move TDSAT on AGR dues, other non-telecom PSUs to follow Read More
By Subhash Narayan: The government may end the cross-holding structure existing in the oil sector as it looks to further consolidate operations of public sector enterprises and go ahead with …
Privatisation plan may end complex cross-holding in oil PSUs Read More
Oil prices went up, as investors continued observing the escalating geopolitical frictions between Yemen’s Houthi rebels and the Saudi-led coalition in the Middle East. The West Texas Intermediate for January …
Oil prices climb amid rising tensions in Middle East Read More