Search For "oil producer"
Ending Iran's nuclear ambitions over oil profits: Trump clarifies on his a
Updated : 1 day, 17 hours ago IST
In a post by the White House, President Trump, while acknowledging that the United States is currently the world's leading oil producer and stands to benefit financially from higher crude prices, emphasised that his administration's overriding mission remains the permanent dismantling of
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Despite US sanctions on Russian crude, margins of Indian oil companies to
Updated : 3 months, 3 weeks ago IST
The margins of India's oil marketing companies (OMCs) are unlikely to come under significant pressure despite the United States imposing sanctions on two of Russia's largest crude oil producers, Rosneft and Lukoil, according to a report by Fitch Ratings.
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US sanctions on Russian Oil may impact India's imports and global crude pr
Updated : 1 year, 1 month ago IST
The US sanctions impose restrictions on two major Russian oil producers--Gazprom Neft and Surgutneftegaz--as well as 157 tankers, insurance companies, oilfield service providers, and traders.
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Union Minister Hardeep Puri holds key talks with OPEC chief, eyes balanced
Updated : 1 year, 4 months ago IST
Union Minister Hardeep Singh Puri met with HE Haitham Al-Ghais, Secretary General of Organization of the Petroleum Exporting Countries (OPEC) on Moday at the ADIPEC conference in Abu Dhabi to discuss India's partnership with OPEC.
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India again slashes windfall tax on petroleum crude
Updated : 1 year, 10 months ago IST
India started the windfall tax on crude oil producers and on exports of gasoline, diesel and the aviation fuel in July 2022, reportedly to regulate private refiners who wanted to sell fuel overseas instead of locally, to gain from firm refining margins.
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BPCL Secures 5th Spot in Business World Real 500: Leading the Change
Updated : 1 year, 11 months ago IST
Mumbai (Maharashtra) [India], March 20: Bharat Petroleum Corporation Limited (BPCL), a Maharatna and India's second-largest government-owned downstream oil producer, proudly announces its continued position as the 5th-ranked company in The Business World Real 500 List of 2024. This accomplis
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Kazakhstan joins "Global Methane Pledge"
Updated : 2 years, 3 months ago IST
Central Asia's largest oil producer and a major gas producer Kazakhstan joined the "Global Methane Pledge", a voluntary agreement to cut methane emissions by 30 per cent by 2030, during this year's COP28 event in Dubai, as per a release issued by the Embassy of Kazakhstan.
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UAE leverages oil power to push secretive oil companies on emission reduct
Updated : 2 years, 4 months ago IST
Environmentalists have criticised the initiative, led by Sultan al-Jaber, head of this year's climate talks and chief of the UAE's national oil company.
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BRICS expanded: Argentina, Egypt, Ethiopia, Iran, UAE, Saudi Arabia become
Updated : 2 years, 6 months ago IST
With this expansion, six of the world's nine largest oil producers are now part of BRICS.
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Govt meets edible oil producers, advises further price reduction
Updated : 2 years, 9 months ago IST
A meeting was held Friday between the food department and the leading edible oil industry representatives in India to discuss a further reduction in the retail prices of edible oils amidst a continued fall in their global prices.
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Bharat Petroleum net profit zooms 168 pc in fourth quarter
Updated : 2 years, 9 months ago IST
Revenue from operations in the quarter under review surged 8 per cent to Rs 1.33 lakh crore, against Rs 1.23 lakh crore in the corresponding quarter of last year.
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Decline in price of edible oil should be passed on to consumers expeditiou
Updated : 2 years, 10 months ago IST
Representatives from the Solvent Extraction Association of India (SEAI) and the Indian Vegetable Oil Producers' Association (IVPA) were present to discuss further reduction in the retail prices of cooking oils amidst a fall in the global prices
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