U.S. crude exports are poised to surpass production in four OPEC nations in 2017 and may grow even more if President Donald Trump honors pledges to ease drilling restrictions and maximize output.
The falling cost of electric vehicle and solar technology will halt demand growth for oil and coal from 2020, according to research published on Thursday, posing a threat to fossil fuel companies unprepared for the transition
Encouraging foreign firms to take capacity in India’s strategic oil reserves, Budget 2017-18 has exempted them from paying income tax on sale of oil left after the contract for storage in underground caverns has ended
Falling costs of electric cars and renewable technology may halt growth in oil demand from as early as 2020, they argued in a report
In an exclusive chat with ET Now, DK Sarraf, Chairman, ONGC, says that size really matters in oil business when asked about Finance Minister’s plan of one large oil behemoth
Andhra Pradesh government and ONGC — a Maharatna PSU signed an agreement on January 27 to take forward all critical oil and gas exploration and production (E&P) activities to the state.
On Sunday, two ships collided along the Ennore coast, near Chennai, resulting in an oil spill. For the past three days, a thick layer of oil has covered Chennai’s coast line and beaches nearby, including its famed Marina beach.
The Union budget announced today is a balanced budget focusing on providing an impetus to the economy and offers encouraging measures for the tax payers.
Unveiling the union budget for 2017-18, Finance minister Arun Jaitley stated that uncertainty of commodity prices, especially crude oil prices, may have far reaching implications for the fiscal situation of various economies including India
Saudi Arabia may increase its oil investments in the United States due to a more fossil fuel-oriented energy policy by the U.S. administration of President Donald Trump, the kingdom’s energy minister said.