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Philippine Tanker Carrying 1.4 Million Litres Of Oil Capsizes In Manila Bay
A Philippine-flagged tanker carrying 1.4 million litres of industrial fuel oil capsized and sank off Manila on Thursday, authorities said, as they raced against time to contain the spill.
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Reliance To Buy 3 Million Barrels Of Russian Oil A Month In Roubles: Report
India's Reliance Industries, operator of the world's biggest refining complex, has signed a one-year deal with Russia's Rosneft to buy at least 3 million barrels of oil a month in roubles, four sources aware of the matter told Reuters.
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New US Sanctions May Threaten Russian Oil Sales To India: Report
Fresh U.S. sanctions on Moscow threaten to dent Russian oil sales to India, the biggest buyer of Russian seaborne crude, and complicate efforts by Indian state refiners to secure annual supply deals, three industry sources familiar with the matter sa
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US Threatens To Reimpose Sanctions On Venezuelan Oil Sector
The United States warned Tuesday it was ready to snap back sanctions on Venezuela's vital oil industry unless opponents of President Nicolas Maduro are allowed to run against him, as the leftist government vowed to hit back through migration.
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At COP28, US Unveils Plan To Cut Oil, Gas Industry's Methane Emissions
The Biden administration on Saturday unveiled final rules aimed at cracking down on US oil and gas industry releases of methane, part of a global plan to rein in emissions that contribute to climate change.
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"From Gutter To Sky": Chinese Company Plans To Turn Used Cooking Oil Into Jet Fuel
At an upmarket restaurant in the hotpot-loving Chinese city of Chengdu, diners plunge sliced meat and vegetables into cauldrons of spicy, oily broth, largely unaware that their leftovers are set to take on a second life as jet fuel.
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Kerala Man, Working As Control Room Operator In UAE, Wins ₹ 45 Crore In Lottery
Hailing from Kerala, Sreeju, 39, has been living and working in Fujairah, about 120 kilometers east of Dubai, for the past 11 years.
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Russia Makes Up 40% Of Indian Oil Imports: Report
The share of Russian oil in India's overall imports rose to about two-fifths in the first half of fiscal 2023/24, consolidating Moscow's position as the top supplier as refiners curbed purchase from the Middle East, industry data showed.
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Israel-Hamas War Will Impact Oil Prices, Economy: Industry Body Official To NDTV
The Israel-Hamas war is a reason for concern and will impact oil prices if the Middle East and Iran get involved, said PHD Chamber of Commerce & Industry's (PHDCCI) Executive Director Ranjeet Mehta.
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As Oil Prices Rise Amid Israel-Gaza War, India Says "Watching Closely"
India, the world's third-biggest oil importer, is watching the ongoing Middle Eastin the Middle East closely, the country's oil minister Hardeep Singh Puri said on Monday.
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India's IOC Signs Multi-Billion Dollar LNG Import Deal With UAE Firm
India's top oil firm IOC has signed a USD 7-9 billion deal to import liquefied natural gas (LNG) from the UAE's ADNOC Gas plc for 14 years beginning 2026, the UAE company said.
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India's Import Of Russian Oil Scales New High In May. It Now Accounts...
India's import of cheap Russian oil scaled another record in May and is now more than the combined oil bought from Saudi Arabia, Iraq, UAE and the US, industry data showed.
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Centre Yet To Accept Report That Calls For Diesel Vehicle Ban By 2027
The government is yet to accept a report of the energy transition committee that recommended banning the use of diesel-powered four-wheelers in cities with over 10 lakh population and switch to electric and gas-fuelled vehicles by 2027, the oil ministry said.
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India's OPEC Imports At All-Time Low As Russian Oil Provides Alternative
Oil producers cartel OPEC's share in India's oil imports fell to an all-time low of 46 per cent in April as purchases of cheaper Russian oil peaked, industry data showed.
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Commercial LPG Cylinder Price Reduced By Rs 171.5 Per Unit
Petroleum and oil marketing companies have slashed the price of Commercial LPG cylinders by Rs 171.50 with immediate effect, according to sources on Monday.
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Philippine Tanker Carrying 1.4 Million Litres Of Oil Capsizes In Manila Bay
A Philippine-flagged tanker carrying 1.4 million litres of industrial fuel oil capsized and sank off Manila on Thursday, authorities said, as they raced against time to contain the spill.
-
Reliance To Buy 3 Million Barrels Of Russian Oil A Month In Roubles: Report
India's Reliance Industries, operator of the world's biggest refining complex, has signed a one-year deal with Russia's Rosneft to buy at least 3 million barrels of oil a month in roubles, four sources aware of the matter told Reuters.
-
New US Sanctions May Threaten Russian Oil Sales To India: Report
Fresh U.S. sanctions on Moscow threaten to dent Russian oil sales to India, the biggest buyer of Russian seaborne crude, and complicate efforts by Indian state refiners to secure annual supply deals, three industry sources familiar with the matter sa
-
US Threatens To Reimpose Sanctions On Venezuelan Oil Sector
The United States warned Tuesday it was ready to snap back sanctions on Venezuela's vital oil industry unless opponents of President Nicolas Maduro are allowed to run against him, as the leftist government vowed to hit back through migration.
-
At COP28, US Unveils Plan To Cut Oil, Gas Industry's Methane Emissions
The Biden administration on Saturday unveiled final rules aimed at cracking down on US oil and gas industry releases of methane, part of a global plan to rein in emissions that contribute to climate change.
-
"From Gutter To Sky": Chinese Company Plans To Turn Used Cooking Oil Into Jet Fuel
At an upmarket restaurant in the hotpot-loving Chinese city of Chengdu, diners plunge sliced meat and vegetables into cauldrons of spicy, oily broth, largely unaware that their leftovers are set to take on a second life as jet fuel.
-
Kerala Man, Working As Control Room Operator In UAE, Wins ₹ 45 Crore In Lottery
Hailing from Kerala, Sreeju, 39, has been living and working in Fujairah, about 120 kilometers east of Dubai, for the past 11 years.
-
Russia Makes Up 40% Of Indian Oil Imports: Report
The share of Russian oil in India's overall imports rose to about two-fifths in the first half of fiscal 2023/24, consolidating Moscow's position as the top supplier as refiners curbed purchase from the Middle East, industry data showed.
-
Israel-Hamas War Will Impact Oil Prices, Economy: Industry Body Official To NDTV
The Israel-Hamas war is a reason for concern and will impact oil prices if the Middle East and Iran get involved, said PHD Chamber of Commerce & Industry's (PHDCCI) Executive Director Ranjeet Mehta.
-
As Oil Prices Rise Amid Israel-Gaza War, India Says "Watching Closely"
India, the world's third-biggest oil importer, is watching the ongoing Middle Eastin the Middle East closely, the country's oil minister Hardeep Singh Puri said on Monday.
-
India's IOC Signs Multi-Billion Dollar LNG Import Deal With UAE Firm
India's top oil firm IOC has signed a USD 7-9 billion deal to import liquefied natural gas (LNG) from the UAE's ADNOC Gas plc for 14 years beginning 2026, the UAE company said.
-
India's Import Of Russian Oil Scales New High In May. It Now Accounts...
India's import of cheap Russian oil scaled another record in May and is now more than the combined oil bought from Saudi Arabia, Iraq, UAE and the US, industry data showed.
-
Centre Yet To Accept Report That Calls For Diesel Vehicle Ban By 2027
The government is yet to accept a report of the energy transition committee that recommended banning the use of diesel-powered four-wheelers in cities with over 10 lakh population and switch to electric and gas-fuelled vehicles by 2027, the oil ministry said.
-
India's OPEC Imports At All-Time Low As Russian Oil Provides Alternative
Oil producers cartel OPEC's share in India's oil imports fell to an all-time low of 46 per cent in April as purchases of cheaper Russian oil peaked, industry data showed.
-
Commercial LPG Cylinder Price Reduced By Rs 171.5 Per Unit
Petroleum and oil marketing companies have slashed the price of Commercial LPG cylinders by Rs 171.50 with immediate effect, according to sources on Monday.
