Search For "crude oil"
Pakistan, Russia oil trade hits snag as refineries lose interest
Updated : 2 years, 7 months ago IST
Pakistan's plans to import more crude oil from Russia have hit a critical roadblock as neither country has made any moves for the purpose nor have the local refineries shown any interest, reported The News International.
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Red Sea: United Nations-led mission to offload decaying supertanker carryi
Updated : 2 years, 7 months ago IST
If a spill occurs, it would shut down Yemeni ports that its people rely on for food aid and fuel, impacting 17 million people during an ongoing humanitarian crisis caused by the country’s civil war and a Saudi-led military assault on the country. Oil could bleed all the way to the African co
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First on Brahmaputra, over-sized cargo vessels with machinery sailed for N
Updated : 2 years, 8 months ago IST
NRL is the largest refinery in northeast India, with a capacity of 3 million metric tonnes per annum (MMTPA) and is currently implementing a mega refinery expansion project to triple its refining capacity to 9 MMTPA along with laying a trans-national crude oil pipeline from Paradip in Odisha
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Pakistan inks deals with local, Chinese firms for Saudi-backed oil refiner
Updated : 2 years, 8 months ago IST
Pakistan State Oil, Oil and Gas Development Co., Pakistan Petroleum Ltd., and Government Holdings Private Ltd. signed three MoUs to raise the required local equity, while the EPC agreement was inked with China National Offshore Oil Corp. and Pakistan’s Monarch International, Arab News report
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Russia unhappy with Pakistan’s delay in setting up Special Purpose Vehicle
Updated : 2 years, 8 months ago IST
Russia is unhappy with Pakistan’s delay in setting up a Special Purpose Vehicle (SPV) to handle payments and shipments, Dawn reported.
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'Democracies shouldn't put money into Russia’s hands,' says German ministe
Updated : 2 years, 8 months ago IST
“Noted reports that one of the goals of German Vice Chancellor Robert Habeck’s visit to India is to discuss Russia-India cooperation. He’d do better to concentrate on India-Germany relations instead as he’s supposed,” Russian envoy Alipov tweeted.
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Kuwait crude oil up USD 1.83 to USD 79.26 pb
Updated : 2 years, 8 months ago IST
The Kuwaiti crude oil price rose USD 1.83 during Thursday's trading sessions to reach USD 79.26 per barrel, compared with USD 77.43 pb last Wednesday
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"Shrouded in secrecy," Pakistan trumpets its Russian oil imports: Report
Updated : 2 years, 9 months ago IST
On Sunday, a ship docked at the port of Karachi with the equivalent of around 3,30,000 barrels of Russian crude oil. Next week, a different vessel with a little bit more oil is anticipated. Shehbaz Sharif, the prime minister of Pakistan, referred to the imports as transformative for the nati
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Kuwait crude oil up USD 2.07 to USD 77.11 pb
Updated : 2 years, 9 months ago IST
Kuwaiti crude oil price rose by USD 2.07 during Friday's trading sessions to reach USD 77.11 per barrel, compared with USD 75.04 pb the day before.
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Russian arms for India not in German interests: Defence Minister
Updated : 2 years, 9 months ago IST
"If we think seriously of engaging in that region, if we think seriously about de-risking and not decoupling, if we think seriously about what is necessary to be a serious and reliable partner in that region, then this must include the willingness to discuss how we can support our partners -
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BPCL partners with Aspen Technology Inc. to revolutionize crude oil sourci
Updated : 2 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 19 (ANI/NewsVoir): BPCL, a leading player in the energy industry, has entered into a strategic Memorandum of Understanding (MOU) with Aspen Technology Inc., USA. This partnership aims to integrate Aspen Tech's process simulation solution with BPCL's BPMARRK&
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NSE launches WTI crude oil and natural gas futures contracts
Updated : 2 years, 10 months ago IST
National Stock Exchange (NSE) has launched the rupee-denominated WTI crude oil and natural gas futures contracts in its commodity derivatives segment, the leading stock exchange said on Monday.
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