Browsing: Macro & Financial

The cess applies only to crude produced from nomination and pre-NELP blocks.The oil and gas industry has sought abolition or…

Rising tensions in Iran had pushed Brent crude price to $66 per barrel.Political instability in Iran, a major oil producer,…

The pressure has pushed India’s refining sector to reduce dependence on discounted Russian feedstock. India’s buying of Russian crude is…

Oil major BP expects significant impairments. The company is shifting focus back to oil and gas. This move aims to…

A S Sahney, Chairman, IndianOil.Indian Oil Corporation (IOC) is aiming to strengthen its non-fuel business and targeting an increase in…

(Investing) – LONDON – Dozens of commercial ships have dropped anchor at a distance outside Iran’s port limits in recent days,…

(World Oil) – Energy Workforce & Technology Council said U.S. oilfield services employment edged lower in December 2025, closing out a…

(Oil Price) – China is expected to see a plunge in imports of oil from Venezuela in February as the now…

(World Oil) – 1776 Energy, a portfolio company of Quantum Capital Group, has closed the sale of its South Texas oil and…

(Investing) – The decline in U.S. natural gas prices appears excessive given the market’s underlying fundamentals, according to Morgan Stanley. Analyst…