Search For "oil"
Upstart Indian shipper helps get Russian oil to world markets: WSJ
Updated : 21 hours, 31 min ago IST
Gatik Ship Management is among the most active of the upstart companies that have snapped up aging oil tankers to replace Western-owned ships no longer dealing with Russia, the WSJ said. That parallel fleet is helping Moscow get crude to buyers in Asia, the Journal added.
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China's oil and gas consumption declined in 2022 amid weakening economy: R
Updated : 1 day, 13 hours ago IST
China's oil and gas use fell in 2022 for the first time in decades due to COVID-19 lockdowns that curbed energy demand, a sign of a weakening economy, writes Clifford Krauss in The New York Times (NYT).
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Pakistan govt announces increase in petrol and diesel price
Updated : 1 day, 21 hours ago IST
Ishaq Dar made the announcement in a televised address on Sunday. He said that the price of kerosene oil and light diesel oil were increased by PKR 18 per litre.
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Iranian govt increases oil sales to China despite economic sanctions
Updated : 1 day, 21 hours ago IST
According to VOA, Iran does not publish statistics about its oil sales, but analysts say Tehran has increased oil exports to more than 1.2 million barrels per day over the past three months.
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Pakistan's recent countrywide electricity blackout linked to forex woes
Updated : 3 days, 17 hours ago IST
A prolonged shortage of dollars is wreaking havoc throughout the economy and a nationwide power outage this week underscored the razor-thin margins for error in Pakistan's energy sector.
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Pakistan: Long queues at filing stations amid petrol shortage
Updated : 6 days ago IST
According to petrol dealers, companies cut down supplies of petroleum products to the province over long delays in the issuance of letters of credit by private banks for imports.
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APAR, the 1st Speciality Oils, and Lubricants, Conductors and Cables Manuf
Updated : 6 days, 1 hour ago IST
Mumbai (Maharashtra) [India], January 25 (ANI/BusinessWire India): APAR Industries Limited - the largest conductor manufacturer in the world has partnered with Intercell - Virtual Mentor Network for professional mentoring services. Intercell is the World's first SaaS and AI-based platform fo
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Unglis.com Launches with a Bang: Nail Care Brand Crosses 3,500 Orders in F
Updated : 1 week ago IST
New Delhi [India], January 23 (ANI/PNN): Unglis.com, a new nail care brand, has debuted in India with the intention of providing comprehensive nail care services to its clientele. On January 7, 2023, the company began selling its first products to the public. Within the first week, it receiv
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HPCL to double Vizag refinery's operating capacity by June-end
Updated : 1 week, 1 day ago IST
India, the world's third-biggest oil importer buys over 85 per cent of its oil needs from overseas. Indian refiners are investing billions of dollars to upgrade their plants to meet rising fuel demand in Asia's third-largest economy.
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Petroleum Minister asks oil companies to reduce petrol-diesel prices
Updated : 1 week, 1 day ago IST
"Oil marketing companies should cut down prices once international prices are stabilised and they have managed to recover under-recovery," Puri said.
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India's overall oilmeal exports rose 60% so far in 2022-23
Updated : 1 week, 1 day ago IST
Oilmeals are basically the residue left over after the extraction of oil from oilseeds, and they are widely used as livestock feed the world over.
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Pakistan to pay for Russian oil in currencies of 'friendly countries'
Updated : 1 week, 3 days ago IST
Russia and Pakistan will approve all the details of oil and gas supplies by March 2023, which will be based on mutual interests, according to the joint statement.
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