Tag Archives: Business Standard

The Covid-19 pandemic has led to many unforeseen consequences, and right now we may be approaching one of the biggest: the possible neutering of the green energy movement. Prices of fossil fuels are rising sharply, and most of the world is responding by trying to get those prices back down …

Reliance Industries Limited (RIL). is to sell 20 percent of the ownership of its refining and petrochemical business to Saudi Aramco for $15 billion.

The largest democratic exercise on Earth is set to give the oil market a shot in the arm.

The organization is more directly represented by its secretary-general. currently the Nigerian Mohammad Barkindo.

The world’s second largest economy halted purchases of US crude in August for the first time since September 2016.

The United States is consulting with all of its friends and partners to discuss the implementation of the sanctions after the snapback.

U.S. shale production is expected to slow over the next year.

India is working with Bangladesh in interconnecting gas grids and supplying diesel through pipelines.

India and Iran also had extensive deliberations on ways to deal with the impact of US sanctions.

OPEC and its allies could consider a production increase of as much as 1.5 million barrels a day.