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SOCAR Turkey executive appointed new CEO of Nayara EnergyNayara Energy, backed by Rosneft, has appointed Teymur Abasguliyev as its new CEO, replacing Alessandro Des Dorides, who resigned due to EU...- Over 1,700 fossil fuel lobbyists given access to COP29, list includes 24 from IndiaOver 1,700 fossil fuel lobbyists were granted access to the UN climate conference in Baku, Azerbaijan, outnumbering delegates from almost e...
- Oil tops $120 a barrel on Saudi pricing despite OPEC+ dealBrent crude was up 64 cents, or 0.5%, to $120.36 a barrel at 1339 GMT after touching an intraday high of $121.95.
- Who is buying Russian crude oil and who has stoppedIndia and China, which have refused to condemn Russia's actions, continue to buy Russian crude. Lured by steep discounts following Western ...
- Who is buying Russian crude oil and who has stoppedThe EU bloc's 27 members have been unable to agree on an embargo, with Germany warning against hasty steps that could push the economy into...
- Who is still buying Russian crude oilGermany, the EU's top user of Russian crude oil and the Netherlands, a key trading hub, argue that the EU couldn't cut its dependence on Ru...
- Major buyers of Russian oil struggle with bank guarantees: Sources"Banks are not willing to open LC’s for the moment so it is a bit of a standoff," one of the sources said. He asked not to be named due to ...
- Reliance eyes first oil cargo from UAE trade arm in December: ReportBillionaire Mukesh Ambani-backed Reliance group in October announced plans to set up Reliance International Ltd (RINL) to trade in crude oi...
- Oil majors, governments haggle over sharing pain of deepest cuts yetOil majors have traditionally escaped big cuts in Opec nations.
- Indian refiners RIL, Nayara Energy plan to wind down Venezuelan oil buys in April: SourcesSuch a step by Reliance, which operates the world's biggest refining complex, and Nayara - part owned by Russian oil major Rosneft - would ...
- IOC doubles crude oil buy from Nigeria on term contract"Nigeria has now agreed to increase the term contract from 1.7 million tons per annum to 3 million tons in 2016," Oil Minister Dharmendra P...
- HOEC rallies 6% on promoter stake sale reportsHOEC pared some of its morning gains and was trading 5.6 per cent higher at Rs 106.30. It has hit a low of Rs 103.05 and a high of Rs 120.8...
- OVL in talks to sell stake in Cuban blocks to Eni, TotalONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), is looking at selling 50 per cent stake in its Cuban offs...
- No upside potential seen in HOECHindustan Oil Exploration (HOEC), which was trading around Rs 100 in mid-July 2009, has more than tripled in the last three months to near ...
- Oil rises to $72 as investors eye inflationOil prices rose to $72 a barrel amid concerns that massive US fiscal spending will spark inflation down the road, making oil and other comm...
- Oil markets search for signs of bubble burstingOil prices closed for a second day below $130 a barrel as news of an output cut in Nigeria failed to halt the week's sharp decline in price...
- Oil nears $131 on Nigeria newsOil rebounded to near US$131 a barrel Friday as news of an output cut in Nigeria helped to halt the sharp decline in prices that began thre...
- Eni open offer for HOEC not to begin on June 11Italian energy firm Eni Holding's open offer to acquire an additional 20 per cent stake in Hindustan Oil Exploration Company will not begin...
- Canada’s GeoGlobal likely to go on saleCanada-based GeoGlobal Resources (GGR) a publicly-traded oil and gas company is likely to be on the block soon.
- Oil higher in Asian trade after Nigeria attackOil prices rose in Asian trade on Friday after the latest attack on an oil installation in Nigeria and on growing expectations that OPEC wi...
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