Best of Davos 2016 - Part 1
Jan 23, 2016
On March 20, 2017 15:27 (IST)
In the current fiscal 2016-17, RIL and its partner have produced 2,641.67 mmscm of gas till February as against target of 29,316.69 mmscm, oil minister said.
On March 15, 2017 20:57 (IST)
India imported 18,000 tonnes of petrol and 39,000 tonnes of diesel in the first nine months of the current fiscal year, Oil Minister Dharmendra Pradhan said in a written reply to a question in the Rajya Sabha.
On February 28, 2017 09:13 (IST)
Now that he's done with his near 21-year stint as Saudi Arabia's oil minister, during which his utterances could move everything from crude to currencies and stocks worldwide, Ali al-Naimi says he doesn't want to talk about the market anymore.
On February 27, 2017 17:11 (IST)
The deal between Aramco and Malaysia's Petronas for the $27 billion project will be signed on Tuesday, the prime minister said.
On February 27, 2017 15:43 (IST)
Government plans to create a giant oil company by combining state-owned firms, finance minister Arun Jaitley said in the budget speech earlier this month.
On February 07, 2017 12:38 (IST)
Finance Minister Arun Jaitley in his Budget for 2017-18 last week, proposed to "create an integrated public sector 'oil major' which will be able to match the performance of international and domestic private sector oil and gas companies."
On January 27, 2017 13:34 (IST)
The deal was signed by India's oil minister Dharmendra Pradhan and a representative of ADNOC after a meeting between Prime Minister Narendra Modi and UAE's Crown Prince Sheikh Mohamed bin Zayed al-Nahyan.
On January 12, 2017 13:12 (IST)
The Iraqi oil ministry said on Tuesday that it had cut its production by 160,000 barrels per day since the beginning of January. By the end of the month, production would be cut by 210,000 bpd, it said.
On December 06, 2016 13:39 (IST)
On the back of lower crude prices, Finance Minister Arun Jaitley had slashed petroleum subsidies in 2015-16 by 50 per cent to Rs 30,000 crore.
On December 01, 2016 08:43 (IST)
Saudi Energy Minister Khalid al-Falih said ahead of the meeting that the kingdom was prepared to accept "a big hit" on production to get a deal done.
On November 21, 2016 16:06 (IST)
Four Indian refiners had outstandings of $6.11 billion in May, 2016 when formal banking channels were opened with Iran after nearly four years. They came down to $2.55 billion as on November 15 after public sector refiners paid most of their dues to Iran, the oil minister said.
On November 19, 2016 18:33 (IST)
OPEC is moving closer towards finalising its first deal since 2008 to limit oil output, with most members prepared to offer Iran significant flexibility on production volumes, ministers and sources said.
On November 17, 2016 20:02 (IST)
Saudi Energy Minister Khalid al-Falih said he was optimistic OPEC would formalise a preliminary oil output deal reached in Algeria in September.
On October 23, 2016 19:25 (IST)
Saudi oil minister Khalid Al-Falih said at last week's Oil & Money conference in London, if OPEC had cut output in November 2014 to support prices, it would have had to do so again in 2015 and 2016.
On October 19, 2016 17:18 (IST)
Many nations are willing to join OPEC in cutting production to secure a continued improvement in oil prices, said Saudi Arabias Minister of Energy and Industry Khalid Al-Falih.
On October 17, 2016 22:35 (IST)
Nigerian oil minister Emmanuel Ibe Kachikwu said his country was likely to sign a cash-raising oil deal with India for $15 billion by the end of this year.
On October 13, 2016 13:24 (IST)
Government plans to more than double its liquefied natural gas (LNG) import capacity to 50 million tonnes in the next one year, Oil Minister Dharmendra Pradhan told a news conference on Thursday.
On October 10, 2016 15:14 (IST)
Many non-OPEC producers have expressed a willingness to work with the organization, according to the minister, who plans to meet his Russian counterpart in the next couple of days.