Search For "oil"
Japan breaks ranks with US allies, purchases Russian oil at price higher t
Updated : 3 years, 3 months ago IST
Despite the fact that several European countries have reduced their reliance on the Russian energy supply, Japan has increased its purchases of Russian natural gas in the last year.
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Good Genes Skincare, launches Pan India, Offering high-quality & affor
Updated : 3 years, 3 months ago IST
New Delhi [India], April 3 (ANI/SRV): Good Genes Skincare, a new D2C skincare brand, is proud to announce its official launch in February 2023. Founded by Priya Sharma, a software engineer and skincare enthusiast, the brand was born out of Priya's struggles with acne and oily skin and the di
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Pakistan to receive first shipment of Russian oil next month, claims minis
Updated : 3 years, 3 months ago IST
Talks have been ongoing between Pakistan and Russia since last year for the trade of oil which had remained a contentious issue in Pakistan's politics.
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Oil prices surge after OPEC+ announce to cut output
Updated : 3 years, 3 months ago IST
By 1:12 am (Local Time), Brent was trading at USD 85.41 per barrel (6.46 per cent). The price of futures contracts of WTI crude oil for May 2023 delivery went up by 6.21 per cent, to USD 80.37 per barrel.
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UAE to voluntarily cut oil output by 144,000 bpd from May through year-end
Updated : 3 years, 3 months ago IST
"This voluntary initiative is a precautionary measure taken to ensure market balance and comes in alignment with the production cut agreed upon during the 33rd OPEC and non-OPEC Ministerial Meeting (ONOMM), held on 5th October 2022," the minister said in a statement.
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OPEC Plus announces oil output cuts of around 1.16 mbpd
Updated : 3 years, 3 months ago IST
Riyadh, Saudi Arabia's capital and main financial hub said it would cut output by 500,000 barrels per day, or BDP, from May until the end of 2023, state media reported.
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Commercial LPG cylinder prices slashed by Rs 91.50 in National Capital
Updated : 3 years, 3 months ago IST
A 19 kg of Commercial LPG cylinder will now cost Rs 2,028 in the national capital. However, no changes have been made in the prices of the domestic LPG cylinders, sources said.
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Russia's biggest oil producer Rosneft joins hands with Indian Oil Company
Updated : 3 years, 3 months ago IST
New Delhi [India], March 31 (ANI/NewsReach): Russia's biggest oil producer Rosneft Oil Company has signed a term agreement with Indian Oil Company (IOC), India's top oil company, to increase oil supplies and diversify India's oil grades substantially.
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UAE-Israel Comprehensive Economic Partnership Agreement to come into force
Updated : 3 years, 3 months ago IST
The UAE-Israel Comprehensive Economic Partnership Agreement, which was signed on May 31st, 2022, will come into effect on April 1st, 2023.
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Russia frustrated with Pakistan over broken commitments to import oil: Rep
Updated : 3 years, 3 months ago IST
Russia was frustrated to learn that Pakistan had not started the process it committed to Moscow to start the first shipment of crude oil. Pakistan had committed that it would set up a new Special Purpose Vehicle (SPV) company that would be responsible for the import of Russian oil to Pakista
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UP CM Yogi announces establishing of agriculture and technology university
Updated : 3 years, 3 months ago IST
Pointing out that India currently imports oil worth Rs 16 lakh crore from Arab countries, he said sugar mills can help India become self-reliant in oil production through ethanol. Once the country achieves self-sufficiency in oil production, the money would go to the accounts of sugarcane fa
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Russia-India Business Forum targets expansion of IT sector
Updated : 3 years, 3 months ago IST
The forum discussion started on March 29 and will continue till tomorrow March 30. The purpose of the meeting is to strengthen Indian-Russian business ties and support the entry of Russian companies into the Indian market.
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