Search For "oil"
First ever crude oil transaction in local currency undertaken between Indi
Updated : 2 years, 9 months ago IST
This is India’s first-ever LCS and is expected to reduce transaction costs and time and increase reliance on local currencies. This will further add to the preferential terms accruing from CEPA. Traders can choose the payment currency based on mutual agreement.
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UAE welcomes successful completion of oil unloading operation from tanker
Updated : 2 years, 9 months ago IST
he UAE has welcomed the United Nations' announcement of the successful operation of unloading oil from the decaying tanker FSO Safer off the coast of Yemen in the Red Sea
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Pakistan suspends import of Russian crude oil
Updated : 2 years, 9 months ago IST
The import of crude oil from Russia has been suspended after more furnace oil was produced than petrol during the refining process, according to sources in the energy sector, The News International reported on Sunday.
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Oil palm mission: Mega plantation drive involving eleven states concludes
Updated : 2 years, 9 months ago IST
The ‘Mega Oil Palm Plantation Drive’, which commenced on July 25, where State governments along with oil palm processing companies participated, concluded on Saturday. The plantation drive was aimed to promote and increase oil palm cultivation.
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Glowing tribute: Kashmir's potter Umar prepares 10,000 oil lamps for Indep
Updated : 2 years, 9 months ago IST
This year, Diwali seems to have arrived early for Umar, as his skilled hands meticulously shape clay into 10,000 oil lamps commissioned by the administration for the upcoming Independence Day celebrations.
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Mega oil palm plantation drive organized in 49 districts of 11 states
Updated : 2 years, 9 months ago IST
"This will further assist in achieving the target of bringing an additional area of 6.5 lakh hectares under oil palm production by 2025-26," Ministry of Agriculture and Farmers Welfare said in an official statement.
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Red Sea: UN successfully transfers Yemeni vessel carrying millions barrels
Updated : 2 years, 9 months ago IST
The tanker was the subject of more than three years of appeals from the UN and environmental organizations who warned that a lack of maintenance during Yemen’s civil war meant the nearly 50-year-old vessel was at risk of spilling four times as much oil as happened in the 1989 disaster involv
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UAE’s economy to continue its robust performance in 2023: OPEC monthly rep
Updated : 2 years, 9 months ago IST
The Organisation of the Petroleum Exporting Countries (OPEC) forecast that the UAE’s economy will continue its robust performance in 2023, after recording a growth of 7.9 per cent year-on-year in 2022
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We had to bear burden of previous govt’s failure, negligence: Pakistan PM
Updated : 2 years, 9 months ago IST
In his farewell speech at the National Assembly (NA) on Wednesday, Shehbaz Sharif said, "I never had to go through such a difficult test before in my 38-year-long [political] career as the country was mired in a severe economic crisis, oil prices remained high and there was political chao
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Assam sets target to bring 3.75 hectares of land under oil palm plantation
Updated : 2 years, 9 months ago IST
India is the world's second-largest consumer and number one vegetable oil importer, and it meets about 60 per cent of its needs through imports.
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Assam CM Himanta Biswa Sarma attends programme of plantation of oil palm
Updated : 2 years, 9 months ago IST
In an attempt to make Assam Atmanirbhar in production of edible oils, Assam Chief Minister Himanta Biswa Sarma on Tuesday led the state in joining the movement in producing edible palm oil when he along with Yoga Guru Ramdev planted saplings of oil palm at Saikhowaghat in Tinsukia.
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E20 fuel currently sold at over 1,900 pumps: Govt in Rajya Sabha
Updated : 2 years, 9 months ago IST
Public sector oil marketing companies (OMCs) started selling E20 petrol in February 2023 and it is currently being sold at more than 1,900 retail outlets across the country, Union Minister of State for Petroleum and Natural Gas, Rameswar Teli, in a written reply in the Rajya Sabha on Monday.
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