Search For "oil sector"
"Putin must pay price for his needless aggression": UK PM welcomes US impo
Updated : 5 months ago IST
The UK, on October 16, announced around 90 new sanctions on the Russian oil sector in an effort to put pressure on the country to stop the Ukraine war. A week later, on October 23, the United States announced sanctions on two of Russia's biggest oil companies.
Read More
Uttarakhand Govt working to promote green energy: Chief Minister Dhami
Updated : 9 months ago IST
Uttarakhand Chief Minister Pushkar Singh Dhami participated in the All India Oil Sector Meet program organised at ONGC Community Centre, Dehradun on Saturday. He said that under the leadership of Prime Minister Narendra Modi, the state government is working to promote green energy with coord
Read More
Trump's Presidency expected to bring good news for oil market: Vanda Insig
Updated : 1 year, 1 month ago IST
In agreement with petroleum minister Hardeep Puri's observation that the "Trump presidency is good news for oil", Vandana Hari of Singapore-based Vanda Insights asserted that the year 2025 will be calmer for the oil sector.
Read More
Public finance of GCC countries witnessed significant financial surplus in
Updated : 1 year, 2 months ago IST
The GCC countries reported significant financial surpluses in 2022 and 2023, totaling USD 134 billion and USD 2 billion, respectively, according to GCC-Stat. Public debt stabilised at 28 per cent of GDP and is projected to remain steady through 2025. Credit rating agencies highlighted improv
Read More
KSB Limited's Q2 2024 Results Demonstrate Substantial Growth in Sales Reve
Updated : 1 year, 7 months ago IST
Pune (Maharashtra) [India], August 2: The sales revenue of Q2 2024 is INR 646 crores, which is 9.3 per cent higher than that of the corresponding Q2 2023. There has been a significant growth in distillery and vegetable oil sectors with new prestigious orders. The Valves division achieved hig
Read More
UAE continues to demonstrate robust growth in non-oil sectors: OPEC
Updated : 1 year, 10 months ago IST
The Organisation of the Petroleum Exporting Countries (OPEC) said today that the "UAE continues to demonstrate robust growth in its non-oil sectors, driven by strong government support and solid demand".
Read More
UAE economy expected to grow by 3.8% in 2025: World Bank
Updated : 2 years, 2 months ago IST
According to the Global Economic Prospects report released today, the World Bank forecast the growth in the Gulf Cooperation Council (GCC) countries to rise to 3.6 percent in 2024 and 3.8 percent in 2025, noting to last year's robust non-oil sector activity.
Read More
UAE economy robust, with constant contributions from non-oil sector: OPEC
Updated : 2 years, 5 months ago IST
The UAE's economy remains robust, with constant contributions from the non-oil sector, especially from tourism, leisure, and real estate, according to the OPEC's Monthly Oil Market Report (MOMR) for October 2023.
Read More
UAE economy to grow 3% in 2023; 4% in 2024: S&P
Updated : 2 years, 6 months ago IST
The UAE economy is forecast to grow 3% in 2023 and 4% in 2024, driven by the non-oil sector, which is expected to benefit from strong growth in tourism, government initiatives, and technological advancements, according to S&P.
Read More
World Bank expects UAE's non-oil economy to grow by 4.8 pc in 2023
Updated : 2 years, 10 months ago IST
In a press conference held today in Dubai to announce the new World Bank Gulf Economic Update (GEU) titled, "The Health and Economic Burden of Non-Communicable Diseases in the GCC", the bank officials said that the current account balance in the UAE is expected to rise to 11.7 per cent in 20
Read More
China seeking to invest in gas, oil sectors in Afghanistan: Taliban
Updated : 2 years, 10 months ago IST
Earlier in January, the ruling Taliban in Afghanistan signed a contract with a Chinese company to extract oil from the Amu Darya basin as the group tries to improve the economy of Kabul, Tolo News reported.
Read More
J-K plans massive oilseed cultivation to boost edible oil sector
Updated : 3 years ago IST
J-K intends to bring 210,000 hectare under oilseed cultivation from the current 140,000 hectare over the next three years.
Read More