Inflation in the oil sector is worsening and industry executives see no reason to expect cost pressures on everything from steel pipe to frac sand to ease any time soon. The price spiral has been […]
Big Oil is raking in historic amounts of cash, but the windfall isn’t being invested in new production to help displace Russian oil and gas. Instead, executives are rewarding shareholders — setting the world up […]
As recently as a year ago, sources of capital for U.S. oil and gas producers were extremely scarce and only came at a premium. Today, with oil prices mostly hovering around $100-per-barrel, the outlook is […]
The Lithuanian LNG terminal Klaipeda LNG has received the first cargo of liquefied natural gas for Polish gas firm PGNiG. The LNG carrier Aristidis I brought a cargo of about 65,000 tonnes or 150,000 cubic metres of LNG to […]
SANDEFJORD, Norway, May 9 (Reuters) – ConocoPhillips (COP.N) submitted on Monday a plan to develop an oil discovery in the Norwegian North Sea for 10.5 billion Norwegian crowns ($1.10 billion), the first of an expected rush of […]
Leaders of the Group of Seven most industrialized countries pledged to ban the import of Russian oil in response to President Vladimir Putin’s war in Ukraine. The heads of the leading economies made the commitment […]
He said that the prices of nickel, used in elctrodes, have risen 1.7 times in the past six monthsNew Delhi: Ratings and research agencyICRArecently came out with a research in which it analysed the economics […]
Nishant Prasad, in charge of establishing Tesla’s supercharger network in India, has updated his LinkedIn profile to Charging Operations Lead-APAC.New Delhi: While Union Ministers keep on making a beeline toTeslaCEOElon Muskto come and manufacture electric […]
Resources conglomerate Vedanta’s final offer of ₹565 crore was much higher than the staggered payment of ₹400 crore it had offered under the corporate insolvency and resolution process (CIRP). The auction process, which started on […]
The refiner, owned by Indian billionaire Mukesh Ambani, is buying discounted cargoes of crude after self-sanctions on Russian fuels by some European Union companies pushed up margins on some oil products to three-year highs.The refiner, […]
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