New Delhi [India], July 1 (ANI): A Pressure Swing Adsorption (PSA) oxygen plant set up at OPEC Kaili Hospital in Basti district of Uttar Pradesh was virtually inaugurated by Minister of State for Chemicals and Fertilizers Mansukh Mandaviya on Thursday.
New Delhi [India], June 24 (ANI): In a high-level consultation meeting on Thursday, Union Minister of Petroleum and Natural Gas and Steel Dharmendra Pradhan urged the Organization of the Petroleum Exporting Countries (OPEC) to phase out production cuts sooner and maintain crude prices at a r
Mumbai (Maharashtra) [India], June 16 (ANI): Brent crude oil prices may test higher levels of USD 78 to 80 and the support may be at USD 68 to 70 level, Emkay Wealth Management said on Wednesday.
New Delhi [India], June 15 (ANI): Platts Analytics has forecast global oil supply growth of 3 million barrels per day this year and 5.5 million b/d in 2022.
New Delhi [India], April 2 (ANI): Calling for the market-determined price of crude oil, the Ministry of External Affairs (MEA) on Friday said India has been appealing oil-producing countries to ease production cuts that were announced last year.
Moscow [Russia], March 4 (ANI/Sputnik): The situation on the global oil market has undoubtedly improved in the last two months, while OPEC+ states have shown a high level of compliance with the oil production cuts, Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman said on Thursday.
New Delhi [India], February 17 (ANI): In his address at the IEA-IEF-OPEC Symposium on Energy Outlooks on Wednesday, Petroleum Minister Dharmendra Pradhan appealed to oil-producing countries to ease production cuts to stabilise the fragile global economic recovery.
Vienna [Austria], December 4 (ANI/Xinhua): The Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC countries decided at a meeting on Thursday to increase oil production by 500,000 barrels per day (bpd) in January 2021.
Abu Dhabi [UAE], November 19 (ANI/Sputnik): With tensions running high between the United Arab Emirates and its petroleum allies, Saudi Arabia and Russia, Abu Dhabi considers the idea of leaving OPEC plus, the Bloomberg news agency reported on Thursday, citing its sources.
New Delhi [India], November 5 (ANI): Union Minister Dharmendra Pradhan on Thursday urged OPEC countries to take a deep look at the rapidly changing global oil and gas sector due to COVID-19 and revisit the ongoing exchanges so that energy challenges, particularly in the oil sector, can be
Moscow [Russia], September 7 (ANI/Sputnik): Russian President Vladimir Putin and Saudi King Salman bin Abdulaziz Al Saud held a phone conversation about preparations for the G20 summit, the implementation of the OPEC+ oil production cuts deal, and the joint production of the Russian vaccine
Noida (Uttar Pradesh) [India], Aug 22 (ANI): Oil India Ltd on Saturday reported a net loss of Rs 249 crore in the first quarter of current fiscal year as compared to a net profit of Rs 625 crore in Q1 FY20.