India’s fuel consumption is likely to hit 200 million tonnes in 2016/17, an oil ministry executive said on Monday, in what would be the highest such level in at least 16 years.
Western Libya was plunged into darkness late on Saturday as a blackout already affecting the south spread to the capital, Tripoli
India’s power and coal minister Piyush Goyal said on Friday there was no value in splitting up India’s biggest coal producer Coal India Ltd (COAL.NS) and denied any plans to break it up.
General Electric Co (GE.N) scaled back expectations for its full-year revenue and profit on Friday, overshadowing third-quarter profit that beat analyst forecasts and sending its shares lower.
OPEC producers have their sights set on a sustained oil price of $50-$60 per barrel, a modest ambition for the first cut in supply by the oil exporting group in eight years, says one of the industry’s top forecasters.Benchmark U.S. oil prices
OPEC members may call an extraordinary meeting to discuss oil prices if they reach consensus at an informal gathering in Algiers this month, OPEC Secretary-General Mohammed Barkindo said during a visit to Algeria, the country’s state news agency APS reported on Sunday.
An oil tanker carrying 900,000 liters of diesel has been hijacked and taken into Indonesian waters, Malaysian maritime
Coal prices in 2016 have regained their footing above the psychological threshold of $50, leaving the oil industry wondering when crude prices will return to form.
As the Gulf states take steps to expand their use of clean energy, a bold plan by the United Arab Emirates to boost its use
The postal services business he had built over three short years was thriving, catering to the tens of thousands of people