SK Hynix shares surged as much as 12% after the memory chipmaker unveiled plans for a $29 billion US listing, boosting hopes of higher valu...

Renowned short seller Jim Chanos questions SpaceX's massive IPO valuation. He believes the company's worth is inflated by future hopes, not...

The Indian household continues to buy cooking gas much cheaper than the household in any neighbouring country, and far below the price paid...

Pakistan is proposing a bonded storage plan to boost its energy security by allowing international suppliers to hold petroleum stocks. The ...

Indian refiners are securing full crude oil allocations from Saudi Arabia and Iraq for December. These Middle Eastern suppliers are also of...

Saudi Arabia is set to significantly increase its crude oil supply to China in May, reaching approximately 48 million barrels, a notable ri...

Saudi Aramco is currently in discussions regarding investments with companies in India, as stated by Faisal Faqeer, Senior Vice President o...

Saudi Arabia was in discussions to sell 1 per cent of Aramco to a leading global energy company and could sell further shares including to ...

India is the world's fastest-growing energy market with fuel consumption rising at 4-5 per cent annually. It also relies on imports to meet...

India imports 83 per cent of its oil needs and Saudi Arabia is its second-biggest supplier after Iraq.

The company plans to double its refining network .

Abu Dhabi National Oil Company signed an initial agreement to pick up a stake in the planned USD 44-billion refinery project in Ratnagiri, ...

Saudi Aramco is engaged in an intense negotiation with Indian state firms over its participation in the 60 million tonnes a year refinery p...

The company has signed an agreement to initiate talks for a possible stake in the proposed Rs 1.8 lakh crore refinery in Maharashtra.

India’s fast expanding economy, younger population and policy aimed at driving domestic manufacturing are expected to double demand for oil...

Saudi Arabia is the second largest supplier of crude oil to India after Iraq and accounts for about 19% of its crude oil imports and 29% of...

India is specifically looking at Saudi investment in 'high temperature deep sea off shore exploration' and has opened up the sector for FDI.