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Browsing: Macro & Financial
(Oil Price) – After years of restructuring and cost-cutting efforts, UK-listed oilfield services group Petrofac on Monday filed for administration, following…
Oilfield giants pivot to booming AI infrastructure as drilling demand wanes – Oil & Gas 360
(BOE Report) – Oilfield services giants SLB, Halliburton and Baker Hughes are turning to data centers and related artificial intelligence…
(World Oil) – Baker Hughes has secured a multi-year agreement from Aramco to significantly expand its integrated underbalanced coiled tubing drilling…
Iraq in talks about OPEC quota, with exports at 3.6 mln bpd, oil minister says – Oil & Gas 360
(BOE Report) – Iraq is in negotiations over the size of its OPEC quota within its available capacity of 5.5…
(Investing) – Oil prices steadied Monday as traders digested potential progress in U.S.-China trade talks, starting to discount the chances of…
IndianOil Chairman Confirms Compliance with Russian Oil Sanctions Amid Increasing Tensions, ETEnergyworld
IOC will comply with all applicable sanctions, says Chairman Arvinder Singh Sahney, avoiding comments on Russian oil purchases.Indian Oil Corporation…
Mumbai: The state-run Indian Oil Corporation (IOC) on Monday reported a strong performance for the second quarter of the financial…
Electric Cooking Surpasses LPG and PNG in Cost-Effectiveness: IEEFA Report, ETEnergyworld
The report attributes the slow adoption to the absence of targeted policy measures and structured programmes to promote e-cooking.Electricity-based cooking…
CPCL swings to ₹719 crore profit in Q2 on strong refining margins and higher throughput, ETEnergyworld
It processed 3.013 million tonne of crude oil in July-September as against 2.098 million tonne a year back and 2.981…
India is the world’s third-biggest oil importer and consumer, making this data a key indicator of its oil demand.India’s crude…