Search For "oil major"
US move on Venezuela's oil increases pressure on Brazil, Petrobras
Updated : 5 months ago IST
Indications that the United States could push for a revival of oil production in Venezuela, in line with plans outlined by President Donald Trump, are expected to alter the regional energy equation and pose fresh challenges for Brazil and its state-run oil major Petrobras.
Read More
After US sanctions, Russia's oil major Lukoil to sell overseas assets
Updated : 7 months, 1 week ago IST
"The company announces its intention to sell its international assets. The consideration of bids from potential purchasers has been started," Lukoil informed in a statement on Monday
Read More
Hardeep Puri met Nigerian junior petroleum minister, oil major NNPC's CEO
Updated : 2 years, 4 months ago IST
Nigeria is a major hydrocarbons producer in Africa and its production is the mainstay of the country's economy. Oil and natural gas revenue is the country's primary source of foreign exchange earnings.
Read More
"Majors interested in 'deepwater India'..." Global Energy Giants eye India
Updated : 3 years, 3 months ago IST
"India's vast energy market holds many attractions. Not just scale and growth, but also a compelling decarbonisation narrative as gas is required to displace coal," the January 2023 report by 'Wood Mackenzie', a global research and consultancy organization stated.
Read More
CCI approves oil major Shell's acquisition of Solenergi Power
Updated : 3 years, 11 months ago IST
New Delhi [India], July 12 (ANI): The Competition Commission of India (CCI) has approved the acquisition of Solenergi Power Private Limited by Shell Overseas Investments B.V.'s from Actis Solenergi Limited.
Read More
Chinese state-owned oil company cancels investments in Russia amid fears o
Updated : 4 years, 2 months ago IST
Beijing [China], March 29 (ANI): Chinese state-owned oil major Sinopec has hit the brakes on its investment plans in Russia as firms assess the impact of the severe Western sanctions on their investments, a media report said.
Read More
Jaishankar visits Sri Lanka IOC, takes stock of fuel supply situation
Updated : 4 years, 2 months ago IST
Colombo [Sri Lanka], March 28 (ANI): External Affairs Minister Dr S Jaishankar on Monday visited Sri Lanka IOC, the local subsidiary of India's oil major, Indian Oil Corporation and took stock of the island nation's fuel supply situation amid India's support during its severe economic cri
Read More
RIL posts consolidated net profit of Rs 53,739 crore, up 34.8 pc
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], April 30 (ANI): Oil major Reliance Industries (RIL) has reported consolidated net profit of Rs 53,739 crore for the fiscal year ending March 2021, up 34. 8 per cent for the previous fiscal.
Read More
New York Stock Exchange to delist major Chinese oil company on March 9
Updated : 5 years, 3 months ago IST
New York [US], March 3 (ANI): The New York Stock Exchange (NYSE) will move to delist CNOOC Ltd., the Chinese oil major, to comply with an executive order by former President Donald Trump targeting companies that the previous administration said had links to the Chinese military.
Read More
Downward diplomatic spiral and the impending implosion of Pakistani societ
Updated : 5 years, 9 months ago IST
Glasgow [UK], Aug 20 (ANI): Unable to arrange a face-to-face meeting with Crown Prince Muhammad Bin Suleiman of Saudi Arabia, the high-powered delegation led by Pakistan Army chief General Qamar Bajwa and ISI chief has returned empty-handed to Islamabad.
Read More