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'No-go' area of 10 lakh sq km cut by 98%: PM bats for oil, gas exploration
The PM said the government is working to increase natural gas consumption in India’s energy mix by 2030.
Updated on Feb 06, 2023 06:44 PM IST
Aramaco, Saudi oil giant, records $42.4B profit in third quarter
Saudi Arabia's vast oil resources, located close to the surface of its desert expanse, make it one of the world’s cheapest places to produce crude. For every $10 rise in the price of a barrel of oil, Saudi Arabia stands to make an additional $40 billion a year, according to the Institute of International Finance.
Published on Nov 01, 2022 03:07 PM IST
AP | | Posted by Yagya Sharma
Unable to pass on cost, oil companies take emergency steps
Oil companies’ revenue losses on sale of auto fuels may jump further as international oil prices surged to $114 a barrel on Thursday session on the back of the EU’s move to phase out Russian energy imports.
Updated on May 06, 2022 03:43 PM IST
Rajeev Jayaswal