Given its own economic conditions and plans for upcoming Saudi Aramco’s IPO next year Saudi Arabia cannot escape its role as swing producer, even though unwittingly.
The resilient U.S. shale output and sluggish demand from American drivers have kept U.S. stockpiles at historically high levels making efforts of OPEC and non-OPEC to cut oil production a futile exercise. These developments has forced experts to rethink about Saudi Arabia’s role as a ‘Swing Producer’ in rebalancing the oil markets. This article therefore explore the current oil market scenario alongside evaluating if actually Saudi Arabia has abandoned its role as a Swing Producer.
If India’s oil giants have their way, you could be paying different prices for diesel and petrol everyday. State-run oil companies are now planning to review rates of fuel on a daily basis to align them with international prices
The Jats called off the huge protest they had planned in Delhi and the National Capital Region from tomorrow after their leaders had a discussion with Haryana Chief Minister Manohar Lal Khattar.
At the vast open-plan headquarters of Indian telecoms start-up Jio, billionaire oil tycoon Mukesh Ambani stands in short sleeves beneath a digital tracker that logs every new subscriber to his service. The 59-year-old is India’s richest man, and his Reliance Industries oil & gas group is the country’s most profitable.
From making endless visits to rural belts of the country distributing LPG connections to the women in the category under the PMUY, to handling sectoral issues/reviews and engaging in diplomatic discussions concerning the oil and gas sector, Pradhan has also been bestowed with an important role by his party for the forthcoming assembly elections in Uttarakhand
The Government has prepared an action plan to upgrade the exploration and research capacity of Atomic Minerals Directorate for Exploration and Research (AMD), a constituent unit of Department of Atomic Energy (DAE), with a mandate to identify and evaluate mineral reserves including uranium required for the successful implementation of atomic energy programme of the country, […]
Minister Suresh Prabhu Looks At New Revenue Generation Models