January 23, 2021
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  • Bring Natural Gas Under GST Regime For Environment-Friendly Economy: Industry Body
    Natural gas is a much cleaner source of energy than other alternatives available and is primarily used in priority sectors like power, CNG and fertilizer.
    Jan 10, 2021
    | Outlook Web Bureau
  • India Committed To Reducing Carbon Footprint By 30-35 Percent: PM Modi
    ‘The government is making efforts to double the country’s oil refining capacity within the next five years,’ Modi said.
    Nov 21, 2020
    | PTI
  • Assam: Baghjan Oil Fire Doused After 158 Days
    The oil well had first reported a leakage on May 27, soon after which it caught fire.
    Nov 15, 2020
    | Abdul Gani
  • The Curious Case Of Crude Oil Supply: Will It Ease Further In January?
    There is a mismatch between international demand and supply due to the COVID-19 pandemic, and other factors. However, supply cuts and global inventories will decide future prices.
    Oct 13, 2020
    | Shreerupa Mitra D.L.N. Sastry
  • Turkey Discovers Large Natural Gas Reserve Off Black Sea
    The news was broadcast with some fanfare in Turkey and people greeted it with some hope for the economy.
    Aug 21, 2020
    | Associated Press (AP)
  • The Uncertainty Over Swinging Global Crude Prices
    In India’s case, benign crude prices are not expected to help much, as the benefits are neither being passed on to retail consumers nor to industry.
    Aug 09, 2020
    | Lola Nayar
  • 'Govt Profiteering Off People': Sonia Gandhi Asks PM Modi To Roll Back Fuel Price Hike
    She accused the government of earning an additional revenue of nearly Rs 2.6 lakh crore through these 'ill-advised' hikes in excise duty and increase in prices of petrol and diesel.
    Jun 16, 2020
    | PTI
  • Iran Discovers New Oil Field With 53 Billion Barrels Of Crude: Rouhani
    In a speech aired on state TV, Rouhani said the country's economy had stabilised despite punishing US measures against its senior leaders, banking and finance sectors.
    Nov 10, 2019
    | AFP
  • India Will Be Key Driver Of Global Energy Demand In Coming Decades: Dharmendra Pradhan
    Union Minister Dharmendra Pradhan invited global energy majors to invest in the world's fastest growing energy consumer, promising stable policy and regulatory regime.
    Oct 14, 2019
    | Outlook Web Bureau
  • Committed To Meet India's Energy Security Needs Despite Aramco Drone Attack: Saudi Arabia
    The Saudi Kingdom calls upon the international community to assume its responsibility in condemning those that stand behind the drone attack on Saudi Arabian oil facilities
    Sep 22, 2019
    | New Delhi
  • Saudi Arabia Joins US-led Maritime Coalition After Oil Attacks
    The kingdom's decision to enter the International Maritime Security Construct came ahead of a planned visit by U.S. Secretary of State Mike Pompeo.
    Sep 18, 2019
    | Associated Press (AP)
  • Sensex, Nifty Fall Sharply On Oil Uncertainty, US-China Trade War
    Nifty 50 lost 185.90 points to settle at 10,817.60, while the Sensex declined by 642.22 points or 1.73 per cent to close at 36,481.09.
    Sep 17, 2019
    | Outlook Web Bureau
  • Saudi Aramco Assures India Of No Oil Supply Shortage: Oil Ministry
    A massive drone strike on the world's largest crude-processing facility operated by Saudi Arabia’s Aramco has driven oil prices to their highest level in nearly four months.
    Sep 16, 2019
    | PTI
  • Eight Core Sectors Growth Slows Down To 2.1% In July Against 7.3% Last Year
    The eight core sector industries - coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity - had expanded by 7.3 per cent in July last year.
    Sep 02, 2019
    | PTI
  • Anyone Who 'Touches', Supports Iran Tanker Risks US Sanctions: Mike Pompeo
    The Iranian vessel was detained for a month for allegedly attempting to violate European Union sanctions on Syria. Gibraltar authorities rejected U.S. attempts to seize the tanker.
    Aug 21, 2019
    | Outlook Web Bureau
  • US Issues Warrant To Seize Detained Iranian Oil Tanker 'Grace-1'
    The Grace 1 supertanker, which is carrying 2.1m barrels of oil, was detained on July 4 on suspicion of illegally transporting oil to Syria.
    Aug 17, 2019
    | Outlook Web Bureau
  • 4 Indian Crew Members Aboard Iranian Oil Tanker Released In Gibraltar
    The arrested crew members – the Master, Chief Officer and two Second Mates – were aboard the Panama-flagged supertanker that was detained off Europa Point in Gibraltar, a British Overseas Territory on the Spanish coast, last month.
    Aug 15, 2019
    | PTI
  • Gratified By Cooperation From 'Great Friend' India On Iran: US
    India has brought down the import of oil from Iran, with which it has historic and cultural ties, to almost zero.
    Aug 01, 2019
    | Outlook Web Bureau
  • Fuel Tank Of IAF's Tejas Aircraft Falls In Tamil Nadu Field, Probe Ordered
    Officials of the Indian Air Force are on the spot and the cause of the accident is being investigated.
    Jul 02, 2019
    | Outlook Web Bureau
  • Indian Man Among 18 People Arrested In Nigeria For Illegal Export Of Crude Oil To Ghana
    The arrested sailors were planning to move stolen crude oil from Nigeria with two foreign vessels, MT Apecus and MT Invictus, believed to be owned by Petrogress Incorporation, which has offices in Nigeria, Greece and the US.
    May 23, 2019
    | Outlook Web Bureau
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