Oil & gas
US-China trade war could get India new oil suppliers from US: report
07 Jul 2018
India is likely to benefit from increased supplies of crude oil from the United States as US oil producers look for new markets as they brace for a trade war with China that could curb US shipments
Petrol, diesel prices hiked
05 Jul 2018
Trump sets 4 Nov deadline for world to stop buying Iranian crude
27 Jun 2018
The US has told all countries, including India and China, to stop all their imports of Iranian crude oil by 4 November, but the two countries are unlikely to comply considering their dependence on Iranian oil
Saudi Aramco, ADNOC to share 50% stake in Ratnagiri refinery
26 Jun 2018
Saudi Aramco and ADNOC will together hold a 50-per cent stake in the 60 million tonnes a year Ratnagiri refinery project that is expected to come on stream by 2025
Opec agrees to raise output by 1 mn barrels per day
23 Jun 2018
Opec members agreed to a deal on Friday to increase oil supplies by about 1 million barrels of oil per day, equivalent to an increase of 1 per cent of global supplies
India, China plan oil buyers’ block to counter Opec
14 Jun 2018
While the two countries compete in the acquisition of oil assets overseas, India and China have a common interest in keeping oil import prices low, considering its impact on domestic economies
India gets its cheapest gas as Gazprom starts shipments
05 Jun 2018
At $7 per mmbtu, Russian gas comes $1.5 per mmBtu cheaper than the liquefied natural gas supplied by RasGas of Qatar, and also $1-1.5 per mmBtu cheaper than the LNG sourced from Australia and the US
Reliance to halt oil imports from Iran from Oct-Nov: report
31 May 2018
While India’s external affairs minister Sushma Swraj has said India does not follow unilateral sanctions imposed by the US on Iran, companies with close links to the US financial system could face penalties if they do not comply
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation