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Bolivia Reverses Bitcoin Ban, Legalises Crypto Transactions for Banks
Bolivia is aiming to balance its economy, which is presently far from being in a state of flourish. While no cryptocurrency is being seen as a legal tender in Bolivia yet, allowing crypto transactions could fetch the nation more in remittances since cross border crypto transactions are instant and almost free.
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France Warns Of Energy Shortages In Winter As Russia Reduces Gas Exports
The French government warned Wednesday that companies might have to reduce energy use this winter even with the country's natural gas reserves at full capacity, as Russia continues to reduce its gas exports to Europe.
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Algeria, Africa's Largest Natural Gas Exporter, Talks Of Joining BRICS
Algerian President Abdelmadjid Tebboune has suggested that his country, Africa's largest natural gas exporter, could join the BRICS economic group that includes Russia and China.
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Russian Gas Cut To Europe Hits Economic Hopes; Recession Risks Rise
Russia said it will cut gas supplies to Europe from Wednesday in a blow to countries that have backed Ukraine, while missile attacks in Black Sea coastal regions raised doubts about whether Russia will stick to a deal to let Ukraine export grain.
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Russian Gas Exports Drop 27 Per Cent In January-May: Gazprom
Russia's Gazprom said Wednesday its gas exports to countries outside of the former Soviet Union dropped by more than a quarter year-on-year between January and May after losing several European clients.
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Russia Open to Bitcoin Payments for Energy Exports, Claims Energy Chief Pavel Zavalny
The Russian Federation's energy chief Pavel Zavalny has floated the possibility of accepting Bitcoin as payment for its oil and gas from “friendly countries” such as China and Turkey.
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Apple-Supplier TSMC Agrees to Join Taiwan in Enforcing Sanctions on Russia After Ukraine Invasion
Taiwan will join "democratic countries" in putting sanctions on Russia over the invasion of Ukraine, the government said, with the world's largest contract chipmaker TMSC adding it would comply with all export control rules.
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Oil Minister Gives Two Main Reasons Behind Fuel Price Rise
Amid surging fuel prices in the country, Union Petroleum and Natural Gas and Steel Minister Dharmendra Pradhan on Sunday termed "less fuel production by manufacturing countries to gain more profit" as one of the reasons behind the price hike.
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"Truly Historic": Russia, China Launch 3,000-Kilometre Gas Pipeline
Russia and China on Monday launched a giant gas pipeline linking the countries for the first time, one of three major projects aimed at cementing Moscow's role as the world's top gas exporter.
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Tata Motors Is BS IV Ready With Updated Emission Technologies For Its CV Range
After Ashok Leyland announcing that it will make use of Intelligent Exhaust Gas Recirculation technology, Tata Motors has also geared up to use Exhaust Gas Recirculation (EGR) and Selective Catalytic Reduction (SCR) in its range of commercial vehicles. The small-to-medium CV range with an engine output of up to 180 bhp, adopted the use of EGR way b...
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Gas Demand To Grow In 2017 But More Slowly: Qatar
Demand for natural gas will grow in 2017 but at a slower rate than in recent years, Qatar's energy minister said on Thursday ahead of a meeting of exporting countries.
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Export Of Crude Detrimental To National Interest: Centre To High Court
The Centre on Thursday told the Delhi High Court that export of country's domestic crude oil cannot be allowed as it would be detrimental to the national interest considering the fact that nearly 85 per cent of required crude was imported.
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US Lawmakers Push for Export of Natural Gas to India
Influential American lawmakers have pushed for removing of restrictions on export of natural gas to India and sought to implement the civil nuclear deal to meet the country's ever growing energy needs.
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Brent Crude Falls to 2-Year Lows on Strong Dollar, Surplus Supply
While output surges in the United States owing to oil shale extraction, exports are on the rise in Russia, Libya and Kurdistan. Also, Saudi Arabia cut prices for the fourth straight month last week to defend its market share, suggesting it is unlikely to cut production any time soon.
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US Senators Against Natural Gas Export to India: Report
A bi-partisan group of 22 American senators have expressed reservation on the export of natural gas to Asian countries such as India and China, arguing that such a move by Obama Administration would result in an increase in cost for consumers and businesses at home.
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Bolivia Reverses Bitcoin Ban, Legalises Crypto Transactions for Banks
Bolivia is aiming to balance its economy, which is presently far from being in a state of flourish. While no cryptocurrency is being seen as a legal tender in Bolivia yet, allowing crypto transactions could fetch the nation more in remittances since cross border crypto transactions are instant and almost free.
-
France Warns Of Energy Shortages In Winter As Russia Reduces Gas Exports
The French government warned Wednesday that companies might have to reduce energy use this winter even with the country's natural gas reserves at full capacity, as Russia continues to reduce its gas exports to Europe.
-
Algeria, Africa's Largest Natural Gas Exporter, Talks Of Joining BRICS
Algerian President Abdelmadjid Tebboune has suggested that his country, Africa's largest natural gas exporter, could join the BRICS economic group that includes Russia and China.
-
Russian Gas Cut To Europe Hits Economic Hopes; Recession Risks Rise
Russia said it will cut gas supplies to Europe from Wednesday in a blow to countries that have backed Ukraine, while missile attacks in Black Sea coastal regions raised doubts about whether Russia will stick to a deal to let Ukraine export grain.
-
Russian Gas Exports Drop 27 Per Cent In January-May: Gazprom
Russia's Gazprom said Wednesday its gas exports to countries outside of the former Soviet Union dropped by more than a quarter year-on-year between January and May after losing several European clients.
-
Russia Open to Bitcoin Payments for Energy Exports, Claims Energy Chief Pavel Zavalny
The Russian Federation's energy chief Pavel Zavalny has floated the possibility of accepting Bitcoin as payment for its oil and gas from “friendly countries” such as China and Turkey.
-
Apple-Supplier TSMC Agrees to Join Taiwan in Enforcing Sanctions on Russia After Ukraine Invasion
Taiwan will join "democratic countries" in putting sanctions on Russia over the invasion of Ukraine, the government said, with the world's largest contract chipmaker TMSC adding it would comply with all export control rules.
-
Oil Minister Gives Two Main Reasons Behind Fuel Price Rise
Amid surging fuel prices in the country, Union Petroleum and Natural Gas and Steel Minister Dharmendra Pradhan on Sunday termed "less fuel production by manufacturing countries to gain more profit" as one of the reasons behind the price hike.
-
"Truly Historic": Russia, China Launch 3,000-Kilometre Gas Pipeline
Russia and China on Monday launched a giant gas pipeline linking the countries for the first time, one of three major projects aimed at cementing Moscow's role as the world's top gas exporter.
-
Tata Motors Is BS IV Ready With Updated Emission Technologies For Its CV Range
After Ashok Leyland announcing that it will make use of Intelligent Exhaust Gas Recirculation technology, Tata Motors has also geared up to use Exhaust Gas Recirculation (EGR) and Selective Catalytic Reduction (SCR) in its range of commercial vehicles. The small-to-medium CV range with an engine output of up to 180 bhp, adopted the use of EGR way b...
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Gas Demand To Grow In 2017 But More Slowly: Qatar
Demand for natural gas will grow in 2017 but at a slower rate than in recent years, Qatar's energy minister said on Thursday ahead of a meeting of exporting countries.
-
Export Of Crude Detrimental To National Interest: Centre To High Court
The Centre on Thursday told the Delhi High Court that export of country's domestic crude oil cannot be allowed as it would be detrimental to the national interest considering the fact that nearly 85 per cent of required crude was imported.
-
US Lawmakers Push for Export of Natural Gas to India
Influential American lawmakers have pushed for removing of restrictions on export of natural gas to India and sought to implement the civil nuclear deal to meet the country's ever growing energy needs.
-
Brent Crude Falls to 2-Year Lows on Strong Dollar, Surplus Supply
While output surges in the United States owing to oil shale extraction, exports are on the rise in Russia, Libya and Kurdistan. Also, Saudi Arabia cut prices for the fourth straight month last week to defend its market share, suggesting it is unlikely to cut production any time soon.
-
US Senators Against Natural Gas Export to India: Report
A bi-partisan group of 22 American senators have expressed reservation on the export of natural gas to Asian countries such as India and China, arguing that such a move by Obama Administration would result in an increase in cost for consumers and businesses at home.
