While the global economy is in a more resilient state than in the 1970s to manage a significant oil price shock, the compounding impacts of these two conflicts could push global commodity markets into unprecedented territory.
According to Fitch Ratings, despite these financial commitments, APAC O&G companies have more flexibility for capex as they have significantly reduced leverage in 2022. Additionally, most of these companies enjoy robust access to funding, thanks to their close affiliations with sovereign
The global economy is in a much better position than it was in the 1970s to cope with a major oil-price shock but an escalation of the latest conflict in the Middle East--which comes on top of disruptions caused by the Ukraine conflict--could push global commodity markets into uncharted w
New Delhi [India], October 30: The Chambers of Commerce and Industry of India (CCI India) marked a historic moment in its Green Energy vertical as its Ethanol and Biofuel Conference was inaugurated by the distinguished presence of the Minister of External Affairs and Culture Mrs Meenakashi L
PIA is facing its worst crisis in history as Pakistan State Oil (PSO) has cut its fuel supply over unpaid dues. The move forced the airline to cancel 537 flights since October 13.
Mumbai (Maharashtra) [India], October 26: A leading player in the oil and gas industry, Hindustan Petroleum Corporation Limited (HPCL) and Chevron Brands International LLC (Chevron), a subsidiary of Chevron Corporation, have entered into a long-term agreement encompassing the licensing, prod
Amid the backdrop of increased global uncertainty and inflationary pressure stemming from higher oil prices, market participants widely anticipate the ECB to maintain the status quo regarding interest rates.
While this might seem like a natural part of resource utilization, the idea of peak oil has far-reaching implications and has generated both hope and fear in various quarters.
Mumbai (Maharashtra) [India], October 25: The culinary world in India came alive at The Lalit, Mumbai as the Better Kitchen Awards™, the most distinguished and exclusive awards ceremony, recognized the outstanding contributions of Chefs, Kitchen Consultants, Brand Managers, Purchase Ma
New Delhi [India], October 25: In a stunning display of entrepreneurial prowess, Agriall, a self-funded agritech startup, has set a new benchmark in the industry by achieving a staggering $4 million in turnover in just three short months. This remarkable achievement underscores the company's
Sending out a message of communal harmony, a Muslim family from Meerut in Uttar Pradesh is burning the proverbial midnight oil to make effigies of the Ravana, Kumbhkaran and Meghnad, characters from the epic Ramayana, ahead of the Dussehra festival.