The so-called Persian Pipeline proposed in 2008 which was meant to supply gas from Iranian gas fields to European buyers was always the economically most viable.
August 20, 2022Inflation is at a record high, fears of a recession are very real, and the euro is at parity with the dollar for the first time in two decades.
July 21, 2022The recent developments have stoked concerns that the gas crisis is gaining dangerous momentum that could have unforeseen consequences for the economy in the wider canvas, and that governments are not moving fast enough to stop it.
June 27, 2022Russian energy giant Gazprom has asked the Finnish state-owned energy company Gasum to give a response before May 20 regarding Russia's request to receive payments for gas in rubles.
May 1, 2022Peskov also stressed that Moscow was not the initiator of such a development of the situation, since it was the Western states that unleashed an economic war against Russia, RT News reported.
March 29, 2022If sources in the industry are to be believed, the minimum price of petrol and diesel may go up by Rs 5 a litre. It might go up as high as Rs 10 a litre if the tension between Russia-Ukraine does not ease by then.
March 4, 2022Presently, more than 85 % of its oil needs and half of its gas requirements are met through import. Government has already managed to double its acreage through seven rounds of auction of oil acreage under the New Open Acreage Licensing Policy (OALP), the Minister said.
February 4, 2022He reasserted South Korea's determination to reach net zero emissions by 2050, as stipulated in the national economic strategy developed in December 2020
October 18, 2021The first string of the pipeline has undergone pre-commissioning activities to assure the pipeline integrity, while pre-commissioning steps for the second string are underway
October 5, 2021The top gainers on the Sensex were Tata Steel, Tech Mahindra and Bajaj Finserv
August 24, 2021Vehicles in Pakistan's Punjab are allowed to run on gas cylinders, but the poorly maintained old vehicles often pose a danger
August 9, 2021It opened at 52,432.88, and has touched an intra-day high of 52,465.03 and a low of 52,307.99 points
July 20, 2021The US export to India has gone up by at least 30 per cent, India's Ambassador to the US Harsh Vardhan Shringla told the American business community, his first major public engagement Tuesday.
January 16, 2019Mr Umesh Singh, general manager, East Coast Railway stressed on the need to conserve petroleum products as it helps save money and protects the environment. Addressing the valedictory function of “Oil and Gas Conservation Awareness Drive -Saksham ’18 here organised jointly by Petroleum Conservation Research Association (PCRA) and Oil industry, Mr Singh said India’s dependency...
February 16, 2018As petrol and diesel prices continued to touch new highs in the national capital and other metros, the stocks of the oil and gas sector in the Indian equity market extended their gains. On Wednesday, the S&P BSE oil and gas index closed higher by 0.15 per cent, with scrips of oil and petroleum majors...
January 24, 2018Odisha Governor Dr S C Jamir stressed on the need to conserve petroleum products as it reduces imports but also helps protect environment. He was speaking at the inauguration of ‘SAKSHAM’, the annual event organised jointly by Petroleum Conservation Research Association (PCRA) and oil industry with sole purpose of bringing awarenes among the people on need...
January 18, 2018Natural gas – a clean fuel vastly underutilised in India – came to the rescue of power plants recently faced with shortage of coal supplies, an industry leader said on Wednesday. “Around three weeks back some power plants were suddenly affected by the lack of availability of coal supplies and natural gas could fortunately come...
October 4, 2017