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WORLD PETROLEUM COUNCIL
India-US energy cooperation could help drive USD 500 bn trade goal by 2030, report saysIndia and the United States can boost bilateral trade to USD 500 billion by 2030. Deeper cooperation in hydrocarbons is key. The energy rel...
Govt considering policy to support affordable adoption of E85 fuel: Hardeep Singh PuriThe Indian government is actively considering a policy to accelerate the affordable adoption of E85 fuel, a blend of 85% ethanol with petro...
New UAE oil pipeline bypassing Hormuz 50% complete ahead of 2027 startIran, which has attacked vessels to assert control over the Strait, has expanded its definition of the waterway to include the UAE's Gulf o...
Pakistan's economy gasps as Middle East war ignites double-digit inflationPakistan's economy faces a grim future with inflation expected to stay high. Soaring oil prices and regional conflict are straining the nat...
OPEC just lost one of its biggest players — here's the inside story of the UAE's exit and what the Saudi-UAE split really means for OPEC's market powerUAE Quits OPEC: How the World's Energy Map Just Shifted Permanently. The UAE's departure from the Saudi Arabia-led cartel is being called t...
UAE's OPEC exit: With cartel cracked, oil spills over geopoliticsIn a dramatic turn of events, the United Arab Emirates has officially exited OPEC, signaling a significant transformation within the global...
India’s trade map enters a world that’s threatened by missiles & bombsIndia's ambitious trade deals are now facing their crucial test. Agreements signed with countries like the UK and Oman are in transition. W...
India–New Zealand sign 'once-in-a-generation' FTAIndia and New Zealand signed a “once-in-a-generation” free trade agreement on Monday that gives New Delhi duty-free access to 100% of tarif...
Crisil warns of potential hit to India remittances amid West Asia conflictIndia's remittance flow faces potential impact from the West Asia conflict. A third of diaspora inflows originate from Gulf Cooperation Cou...
BP CEO search is big oil's best chance to fix its gender problemDespite adapting to societal changes, major oil companies like Exxon Mobil, Chevron, Shell, and BP have yet to appoint a female CEO. This c...
Geopolitical situation, inflation impacting certain exports: Piyush GoyalCommerce and industry minister Piyush Goyal highlighted the challenges faced by the Indian economy, including geopolitical tensions, inflat...
- Iran invites Brazil to join OPEC
Iran has invited Brazil to join OPEC, Brazil's mines and energy minister said Wednesday.
- Oil in light of geo-political realities
Global investments in exploration efforts have surged. The incremental supply will be higher than growth in demand even in 2009. Top oil pr...
- Days of high crude oil prices are not over
Demand-supply economics are not in favour of crude oil prices moving up. Oil prices have certainly affected demand for petroleum products. ...
- Saudi Arabia for urgent int'l meet to control oil prices
Saudi Arabia has demanded an urgent meeting of oil producing and consuming countries to discuss the "unjustifiable rise" in fuel prices tha...
- New Chemicals Industrial City in Abu Dhabi
The International Petroleum Investment Company of Abu Dhabi and Borealis AG have signed a MoU with the Abu Dhabi Investment Council for the...
- Wary of GCC FTA, oilmin blocks duty cuts in Korea pact
Call it the GCC effect. Apprehending stiff competition for the domestic petroleum industry - which has significant public sector presence.