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Articles for Oil and Gas

India Puts On Hold Delivery From Blacklisted Oil Tanker

Libyan UN Ambassador Ibrahim Dabbashi had written to 15-member UN Security Council sanctions committee for blacklisting Distya Ameya tanker

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Aramco Value To Top $2 Trillion, Less Than 5 Per Cent To Be Sold

If Aramco were ever to go public, it would probably become the first company to be valued at more than $1 trillion

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Aramco Studying Offers For Indian Oil Refinery Stakes, Says Dharmendra Pradhan

Saudi Aramco is considering proposals to buy stakes in Indian oil refining and petrochemical projects as the world's biggest oil exporter seeks outlets for its oil

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HPCL Plans $3.8 Billion Refinery Investment To Lift Capacity By Two-thirds

Fuel demand in India is rising at its fastest clip in more than a decade, buoyed by Prime Minister Narendra Modi's manufacturing push and as an expanding middle class buys more car

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Oil Rises As Kuwaiti Oil Workers Strike Cuts Output For Third Day

Brent crude futures, the global benchmark, traded at $43.31 a barrel at 0828 GMT, 40 cents above Monday's close. US crude futures were up 33 cents at $40.11 a barrel.

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Oil Prices Rise As Kuwait Oil Strike Diminishes Supply

Kuwaiti officials said they would be able to hike output, despite the open-ended strike, by using crude from inventory and by taking legal action against unions

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Oil Meet In Qatar Collapses Without Freeze As Iran Absent

The idea of a freeze and not a cut initially looked more palatable to producers already suffering after oil's dramatic fall since the summer of 2014, when prices were above $100 a barrel

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Iran Ends Sanction-era Deal For Free Shipping Of Crude Oil To India

Iran, no longer under sanctions, has ended free shipping of crude oil to India and has terminated a three-year old system of getting paid for half of the oil dues in rupees

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Reliance, BG To Hand Some Drilling Assets To ONGC

Executives from Reliance, BG and the state-run oil firm ONGC have been at odds for months over the cost of closing the Tapti field off the country's west coast

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Fuel Demand Rises At Fastest Pace In At Least 15 Years

Demand for gasoil, or diesel, grew at its fastest pace in four years, rising 7.5 per cent to 74.6 million tonnes

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