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ARAMCO LNG BUSINESS
Saudi Aramco plans reorganisation to create gas division, sources sayAramco is planning to reorganise its business by creating a dedicated gas division, with a view to potentially listing parts of the unit in...
Stocks in news: Tata Group, Wipro, BEL, HAL, Petronet LNG and Bharat ForgeIndian equity benchmarks exhibited a mixed performance on Thursday, September 17, amid ongoing volatility. The Nifty 50 index experienced a...
Saudi Aramco reducing output at two oilfields, two sources saySaudi oil giant Aramco is rerouting crude to the Red Sea port of Yanbu. The vital Strait of Hormuz is effectively closed due to the US-Isra...
Gulf sovereign wealth funds were built for a rainy day. This may be itGulf sovereign wealth funds, with assets in the trillions, are navigating a crucial crossroads. Iran's recent maneuvers could disrupt oil e...
Global Stocks: Gulf sovereign wealth funds were built for a rainy day. This may be itFor decades, the Gulf's sovereign wealth funds have preserved and amplified the riches from oil and gas, investing in overseas assets and i...
Government to ease petrol pump licensing norms, check detailsThe Indian government is considering further easing norms for setting up petrol pumps to boost energy security and promote decarbonization....
Saudi Aramco weighs asset sales to fund global expansionSaudi Aramco is considering selling some of its assets to generate funds as it expands internationally and deals with lower oil prices. The...
Beyond the headlines: Explaining Trump's Gulf 'trillions'During Trump's Gulf tour, the White House claimed over $2 trillion in deals for the U.S. economy, though Reuters' tally found a more modest...
Harshvardhan Dole on his top picks among GCD, OMC and power stocksHarshvardhan Dole says: “One must align the allocation more towards generation and distribution. From a pecking order perspective, we like ...
Origin Energy shareholder rejects fresh Brookfield $10.5 bln bid, shares fall"AustralianSuper believes Origin has a highly strategic portfolio of assets to participate in, and benefit from, the energy transition," a ...
View: A growing obsession to drop dollar may create opportunities for China's yuanAccording to latest IMF estimates, 59.8% of global exchange reserves holding are still in dollars. The euro is a distant second with 19.7% ...
India to see $66 billion investment in gas infrastructureElaborating on India's energy strategy going forward, Dharmendra Pradhan said apart from achieving the renewable energy target of 450 gigaw...
Minimum Rs 500 crore net worth must for licence to sell petrol, diesel to retail, bulk usersLast year, the government had relaxed norms for retailing of auto fuels, allowing non-oil companies to venture into the business - a move t...
Minimum 100 petrol pumps, 5% in remote areas: India's new liberalised fuel retail policyThe government had last month relaxed norms for setting up petrol pumps.
Govt eases rules for setting up petrol pumps, allows non-oil companies in businessReliance Industries, Nayara Energy - formerly Essar Oil and Royal Dutch Shell are the private players in the market but with limited presen...
Total to buy 37.4% stake in Adani GasIndia has set the ambitious target of increasing the share of natural gas in its energy mix to 15 per cent by 2030.
Greta Thunberg & the economics of global warming: A delayed response to climate change is an economic catastrophe waiting to happenA recent study by researchers at Stanford University has identified the optimal annual temperature for economic productivity.
Changes in a/c policy, related party norms helped lift RIL’s EPSRIL computes depreciation for the telecom on ‘expected pattern of consumption'.
IOC to invest Rs 1.75 lakh crore for expansion: Chairman Sanjiv SinghIt plans to raise capacity to turn crude oil into fuels like petrol and diesel to 150 million tonnes per annum by 2030 from the current 80....
Corporates and government should not have acrimonious ties: Oil minister Dharmendra Pradhan"The relationship is better when it is based on policies, when discretion is reduced and decision making in isolation is ended," he says.