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Crude oil prices sapped by rising coronavirus casesBy : Sustainability ..., Jan 12, 2021
Oil prices slipped on Tuesday as investors remained concerned about climbing coronavirus cases globally, though an anticipated drawdown in crude oil inventory in the United States for a fifth straight week stemmed losses. After falling on Monday, Brent crude oil futures... Read more.. Subject Tags: crude oil |
Saudi Arabia raises June Arab light crude price to AsiaBy : Sustainability ..., May 8, 2020
Saudi Arabia's state oil giant Aramco has raised the June price for its Arab light crude oil to Asia by $1.40 a barrel from May, setting it at a discount of $5.90 to the Oman/Dubai average, according to a document seen by Reuters on Thursday. The rise in the crude oil... Read more.. |
OPEC+ agrees to cut world oil productionBy : Sustainability ..., Apr 13, 2020
The oil-producing countries of the OPEC+ alliance have agreed to cut their crude production by some 9.7 million barrels per day (mbd) in an historic accord to stabilize world petroleum prices. "At the end of the telematic ministerial meeting of the OPEC+ members and those... Read more.. |
Centre's ambitious oil & gas output target hits environment hurdleBy : Sustainability ..., Dec 19, 2019
India’s ambitious target to increase domestic oil and gas production has hit the environment roadblock now. Several assets under the discovered small fields rounds (DSF I & II) and open acreage licensing policy (OALP) are facing hurdles in getting clearances from... Read more.. Subject Tags: crude oil , environmental clearance , environmental impact , Ministry of Environment , natural gas , oil and gas |
Indian refiners' crude processing falls 6.9% in Sept year-on-yearBy : Sustainability ..., Oct 23, 2019
India’s crude processing in September fell 6.89% from a year earlier, its biggest decline since June, as refiners shut units for maintenance and fuel upgrades, provisional government data showed on Tuesday. India, the world’s third-biggest oil importer and consumer, has set... Read more.. |
BP-RIL JV may roll out charging networks for electric vehiclesBy : Sustainability ..., Oct 15, 2019
New Delhi: Attracted by India’s electric vehicle (EV) mobility play, the BP’s group joint venture (JV) with Reliance Industries Ltd (RIL) may roll out charging networks across the country in the future, according to a top executive. This comes in the backdrop of RIL and BP JV... Read more.. |
Government for non-conventional energy to reduce oil dependence: Dharmendra PradhanBy : sustainabilityo..., Jun 7, 2017
Union minister Dharmendra Pradhan today said the government is trying to harness non-conventional energy like solar power to cut down the country's dependence on other nations for crude oil.... Read more.. Subject Tags: crude oil , industry news , non-conventional energy , power sector , Sustainable Development |