Iran said on Saturday it would resist the pressures of U.S. sanctions by relying on its natural and human resources, as Washington pushes allies to cut economic ties with Tehran.
If the global economy starts to grow more slowly, the impact will show up first in the price of refined fuels such as road diesel, marine gasoil and jet fuel that play a central role in the freight transport system.
India has launched an investigation into subsidised production and export of welded stainless steel pipes and tubes from China and Vietnam, an official notification said.
India to offer 26 areas under its second licensing round for discovered oil and gas fields – government statement
The Indian economy is likely to have witnessed solid economic growth in the April-June quarter but leading indicators suggest a slowdown in the coming months, says a Nomura report.
Canada’s Imperial Oil on Friday reported a profit in the second quarter compared with a year-earlier loss, helped by growth in its refining and chemicals businesses.
Australia: India’s coal imports appear to have surged in July and may even come close to a monthly record as it grapples with domestic transport woes and rising demand for electricity.
Oil and Natural Gas Corp and Oil India will pay royalty and cess tax only to the extent of their equity holding in oil and gas blocks given to them before 1999, Indian Oil Minister Dharmendra Pradhan said on Wednesday after a cabinet meeting
China will promote asset restructuring in sectors like coal, telecommunications, electric power, manufacturing and chemicals this year, state media reported on Tuesday, as it begins the latest round of its ambitious state firms’ reform programme.
Cuadrilla said it has completed drilling Britain’s second horizontal shale gas well at its Lancashire shale gas licence and will apply for consent to hydraulically fracture it “in due course”.
