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India’s import bill may go up by 15% due to Ukraine crisis: Experts
Oil & Gas

India’s import bill may go up by 15% due to Ukraine crisis: Experts

It is a crude shock with many implications for the world and India. The surge in Brent oil to $105…
Oman warns of $200 oil in a dig at IEA’s climate advice
Oil & Gas

Oman warns of $200 oil in a dig at IEA’s climate advice

Oil producer Oman warned that crude prices could soar to $200 a barrel as it criticised the International Energy Agency's…
ADNOC awards Pakistani consortium exploration rights
Oil & Gas

ADNOC awards Pakistani consortium exploration rights

Abu Dhabi National Oil Company (ADNOC) had signed an exploration concession agreement with a consortium of four Pakistani companies, in…
India seeks reasonable price from oil producers
Oil & Gas

India seeks reasonable price from oil producers

India has asked crude oil producers, including OPEC, to price oil at reasonable rates and to provide better commercial terms…
Russian oil producers struggle to contain gas flaring
Oil & Gas

Russian oil producers struggle to contain gas flaring

Russian oil producers reduced gas flaring only slightly last year and failed to reach a targeted level by a large…
Oil prices climb as deep freeze shuts US oil wells
Oil & Gas

Oil prices climb as deep freeze shuts US oil wells

Oil prices rose as a cold front shut wells and refineries in Texas, the biggest crude producing state in the…
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