According to S&P Global Commodity Insights, despite Saudi Arabia's commitment to production cuts in the first quarter, feedstock managers ensured a steady flow of Saudi barrels, reflecting confidence in the market's resilience.
"This is a genuine milestone for our nation. The expansion of foreign trade is a pillar of the UAE's economic strategy, a driving force of growth and diversification and a catalyst for sectors that focus on innovation, knowledge, and advanced technology," he added.
Speaking on the sidelines of the ongoing Munich security conference, Jaishankar said it's hard to have a unidimensional relationship in the contemporary world.
The Houthis, a group of armed rebels based in Yemen and backed by Iran, claimed responsibility for a new missile attack on a British oil tanker amid Israel's war on Hamas in Gaza, Al Jazeera reported.
One contractor employee of Oil India Limited (OIL) allegedly died in a mishap at the OIL well plinth at Western Asset Mine in Assam's Dibrugarh district, officials of OIL said.
Tel Aviv [Israel], February 14: Phinergy (TASE: PNRG) - which develops metal-air technology that produces electricity by combining oxygen from the air with metals - is delighted to announce that multinational energy giant, Indian Oil Corporation, has completed its second round of investment
According to S&P Global Commodity Insights, speaking at the India Energy Week (IEW) in Goa, Mahesshwari urged for continued investment in oil and gas production alongside the adoption of more environmentally friendly technologies.
India imported 1.2 million tonnes of vegetable oils in January 2024, 28 per cent lower than it shipped in the same month last year at about 1.7 million tonnes, data compiled by The Solvent Extractors' Association of India (SEA) showed on Monday.
Oleochemicals are the chemicals derived from vegetable oils and fats, such as fatty alcohols, fatty additives like stearic acid, oleic additives and soap noodles as well as refined glycerin
Varanasi (Uttar Pradesh) [India], February 12: Demonstrating their gratitude and devotion to Lord Shri Kashi Vishwanath in Varanasi, the Nattukottai Nagarathars from Sivagangai district, Tamil Nadu, have been engaging in the ritual of Sambo for the past 250+ years. Sambo involves hand-carryi
According to Fitch Ratings, this follows a robust 5 per cent year-on-year increase in the first nine months of FY24 and a noteworthy 10 per cent post-pandemic recovery witnessed in FY23.
In January, OPEC+ crude output witnessed a decline of 340,000 b/d, attributed partly to voluntary cuts implemented by some members and disruptions in Libya's largest oil field due to protests.