Monday, Oct 14, 2019 | Last Update : 06:17 AM IST

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Oil minister Dharmendra Pradhan said energy is integral to achieving the target of early doubling the size of Indian economy to USD 5 trillion by 2024. (Photo: File)

USD 60 billion investment coming in gas infrastructure: Pradhan

Govt is giving special impetus to develop gas infrastructure across the length and breadth of the country, said the Oil Minister.

13 Oct 2019 6:07 PM

Few have made the connection between the Saudi onslaught on Yemen, and the massive damage inflicted on its oil-processing facilities.

Did brutality by Saudis on Yemenis lead to oil attacks?

There has been an international chorus accusing Iran of being behind these attacks on Saudi oil facilities.

30 Sep 2019 12:05 AM

Photo: Representational image

Beijing slams US sanctions on Chinese firms over Iran oil

'It is a gross violation of the basic norms of international relations,' foreign ministry spokesman Geng Shuang said.

26 Sep 2019 4:13 PM

Saudi Arabia has restored more than 75 per cent of crude output lost after attacks on its facilities and will return to full volumes by early next week, a source briefed on the latest developments has said. (Photo: File)

Saudi restores over 75 pc oil output, will return to full volume by next week

Thousands of employees and contractors have been pulled from other projects to work around the clock in bringing production back.

24 Sep 2019 8:52 AM

Crude prices surged by nearly 20 per cent on Monday as they responded to Saturday’s attack.

Oil falls more than 1 pc as market awaits response to Saudi oil attacks

The company has not given a specific timeline for the resumption of full output.

17 Sep 2019 10:33 AM

Following the attacks on the oil stablization centres of @Saudi_Aramco, top executives of Aramco have been contacted, tweeted Oil Minister Dharmendra Pradhan. (Photo: File)

Saudi assures India of no oil supply shortage: Oil Min

A massive drone strike on the world's largest crude-processing facility operated by Saudi Arabia's Aramco has driven up oil prices.

16 Sep 2019 7:12 PM

Yemen rebels claim drone attack on Saudi oil sites. (Photo: AFP)

Can't put blame for Saudi drone attacks without confirming facts: China

Drones claimed by Yemen's Houthi rebels attacked the world's largest oil processing facility in Saudi Arabia.

16 Sep 2019 2:49 PM

Oil prices surged more than 10 per cent Monday after attacks on two Saudi Arabian plants that slashed output in the world's top producer by half, with Donald Trump blaming Iran and raising the possibility of a military strike on the country. (Photo: File)

Oil prices soar over 10 pc after drone attacks in Saudi cut output by half

Brent soared almost 20 per cent at one point on Monday, while WTI surged around 15 per cent before paring the gains.

16 Sep 2019 9:31 AM

President Donald Trump said Sunday the US is "locked and loaded" to respond to an attack on Saudi oil infrastructure that Washington has blamed on Iran, as Riyadh raced to restart operations at plants hit by drone attacks. (Photo: File)

‘Locked and loaded’: Trump on Saudi’s Aramco oil attack

Saudi Arabia has spent billions on military hardware but recent events have underscored the vulnerability of its infrastructure to attack.

16 Sep 2019 8:00 AM

Saudi Arabia's return to its full oil supply capacity after Saturday's attacks on Aramco oil plants could take "weeks not days", a source close to the matter told Reuters on Sunday. (Photo: File)

Saudi may take weeks to resume full oil supply after attacks: report

The attacks in Abqaiq and Khurais knocked down some 5.7 million barrels per day.

15 Sep 2019 3:08 PM

US Secretary of State Mike Pompeo is blaming Iran for drone attacks Saturday against Saudi Arabia's oil infrastructure. (Photo: File)

US blames Iran for attacks on Saudi Arabia’s Armaco oil sites

Pompeo says the US calls on all nations to 'condemn Iran's attacks.'

15 Sep 2019 9:22 AM

MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.53 per cent, while Japan’s Nikkei rose 0.54 per cent. (Photo:File | AP)

Asia shares edge up as stimulus hopes temper recession worries

MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.53 per cent, while Japan’s Nikkei rose 0.54 per cent.

20 Aug 2019 12:11 PM

US West Texas Intermediate (WTI) CLc1 futures were USD 54.81 per barrel, down 12 cents, or 0.2 per cent. (Photo: Twitter)

Oil prices edge down as traders weigh slowing demand against supply curbs

Brent crude futures LCOc1 were down 11 cents or 0.2 per cent, from the previous settlement.

13 Aug 2019 8:37 AM

Despite lower oil prices during the first half of 2019, we continued to deliver solid earnings and strong free cash flow, Aramco CEO Amin Nasser was quoted as saying in the statement.

Saudi Aramco says H1 2019 net income slips to USD 46.9 billion

The fall in income comes amid renewed speculation the company was preparing for its much-delayed overseas stock listing.

12 Aug 2019 1:36 PM

Jamnagar shall be the refinery icon of the world with best-in-class performance, the company said in its latest annual report outlining its vision.

RIL to make only jet fuel, petrochemicals at Jamnagar after oil-to-chemical strategy

The company is preparing its Jamnagar complex to be future ready as fuel demand undergoes change.

11 Aug 2019 12:04 PM

Commerce and Industry Minister Piyush Goyal's visit is a precursor to the visit of the Prime Minister Narendra Modi to Vladivostok in early September for the Eastern Economic Forum, where he will be the chief guest. (Photo: File)

Piyush Goyal to lead delegation of five CMs, business leaders to Vladivostok

The commerce minister's visit would see major announcements on collaborative projects with Russia.

09 Aug 2019 8:06 PM

International oil companies have stayed away from the three auction rounds held during the last three years that awarded exploration areas to companies that offered the biggest share of the revenue from oil and gas produced. (Photo: Representational)

India's overhauled oil policy unlikely to be a game-changer: Wood Mackenzie

Union Cabinet in February had approved a policy for awarding acreage, based primarily on exploration work commitment.

17 Jul 2019 2:53 PM

After the Motera field was discovered in Ahmedabad, ONGC was wary of encroachment around the oil wells in a city that was developing into a megapolis. So it built a golf course around the wells to ward off encroachers, sources said.

Govt wants ONGC to sell golf course in Ahmedabad that has oil wells

The golf course identified by DIPAM has two producing oil wells, sources said.

14 Jul 2019 12:44 PM

Industry and government data for release later on Tuesday and on Wednesday is expected to show that US crude stockpiles fell for a fourth consecutive week, dropping 3.6 million barrels. (Photo: Twitter)

Oil prices drop on signs global economy slowing amid trade disputes

Oil prices are being pressured by ongoing worries about demand as the US-China trade war.

09 Jul 2019 9:49 AM

ONGC has established 230.29 million tones of oil initial-in-place during the last three years, said Petroleum Minister Dharmendra Pradhan. (Photo: File)

ONGC discovers 230 mn tonnes of oil reserves: Pradhan

Petroleum Minister Dharmendra Pradhan said this in a written reply to a question in the Lok Sabha.

02 Jul 2019 11:47 AM

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Entertainment Gallery

Kiara Advani is right now on cloud nine as her latest release 'Kabir Singh' did an outstanding business at the box-office. To cherish the success, Kiara recently visited Italy's exotic places like Lake Como, Florence. Here pictures will surely give you inspiration for your next vacation. (Photos: Viral Bhayani)

Photos: Take inspiration for your next vacay from Kiara Advani

Bollywood celebrities like Hrithik Roshan, Alia Bhatt, Kartik Aaryan, Vicky Kaushal, Kiara Advani, Ananya Panday and others were snapped in the city of dreams, Mumbai. (Photos: Viral Bhayani)

City Of Stars: Hrithik, Alia, Kartik & others spotted in Mumbai

On Tuesday night, Bollywood celebrities like Ananya Panday, Disha Patani, Varun Dhawan, Tamannaah Bhatia, Jackie Shroff others attended special screening of Hrithik Roshan and Tiger Shroff-starrer 'WAR'. (Photos: Viral Bhayani)

WAR screening: Ananya, Varun and others watch Hrithik-Tiger's film

TV stars Karan Kundra and Anusha Dandekar have been in a relationship for five year now and the duo has always been setting relationship goals for their fans. So, let's take a look at the romantic pictures of the most loved couples of TV. (Photos: Instagram)

Karan Kundra-Anusha Dandekar is a couple 'Made In Heaven'

Salman Khan's reality show Bigg Boss 13 has finally begun and as expected Bhaijaan introduced 'tedhe' contestants of this season. So, let's meet all 13 housemates of the house. (Photos: Instagram)

Bigg Boss 13: Meet 'tedhe' contestants of Salman Khan's show

On Thursday, Sidharth Malhotra, Riteish Deshmukh, Tara Sutaria and Rakul Preet Singh launched their upcoming film, Marjaavaan's trailer in Mumbai. The actors made a stylish appearance at the launch. (Photos: Viral Bhayani)

Marjaavaan: Riteish, Sidharth, Rakul & Tara make stylish appearance at launch

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