Moscow needs more time to assess the situation. stopping short of giving a clear Russian position on the proposal.
Read More »Shell will Build First Large-Scale Solar Farm
The company has said it aims to become the world’s top electricity producer by 2030.
Read More »India will Import Oil from Russia for the Year 2020
Indian Oil Corporation Limited has signed a contract with Russia’s Rosneft for importing 2 million metric tonnes of Urals grade crude oil in a bilateral meeting.
Read More »Saudi Aramco Cuts Its Prices for Asia
Saudi Arabia’s state oil company has made deep cuts to the price of crude it sells to Asia.
Read More »OPEC+ Panel may Agree on Need to Deepen Oil Output Cuts
Oil prices have fallen by more than $11 a barrel this year to $55. alarming producers.
Read More »Rosneft Signs Contract with Indian Oil to Supply 2 Million Tonnes of Oil to India
An important subject of talks between Sechin and Pradhan was the issue of providing Indian consumers with quality crude and petroleum-based products.
Read More »UAE Announces Major Gas Find
The UAE wants to achieve gas self-sufficiency and possibly become a net gas exporter.
Read More »UAE Finds World’s Biggest Gas Field since 2005
Dubai and Abu Dhabi made what could be the world’s largest natural gas discovery since 2005 as the two biggest sheikhdoms in the United Arab Emirates.
Read More »Aramco-Like Mammoth IPO Proposed for India’s Biggest Insurer
The sale can fetch the government between 850 billion rupees to 900 billion rupees should the IPO get done this year.
Read More »World’s First Liquid Hydrogen Fuel Cell Cruise Ship Planned for Norway’s Fjords
Norway’s electricity is mostly generated from clear hydro power and some onshore wind.
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