Oil


Saudi Astra Mining Plans To Set Up 4 more Factories With $319m investment 

Islamic Finance - Published date: .

Thu, 2023-01-12 16:03 RIYADH: Saudi Arabia’s Astra Mining plans to add four more factories in the next five to sev... Read more

Saudi Mining Sector Needs Small, Nimble Firms To Grow Metals Industry: Ajlan Bros Official 

Islamic Finance - Published date: .

Thu, 2023-01-12 14:45 RIYADH: Saudi Arabia’s mining sector needs to create small and flexible upstream and downstr... Read more

Dollars Flow Into Egypt Currency Market After Depreciation: Bankers

Islamic Finance - Published date: .

Thu, 2023-01-12 13:55 CAIRO: Hundreds of millions of dollars have flowed through Egypt’s interbank market since th... Read more

Tight Supply To Support Oil Prices In H2, Morgan Stanley Says

Islamic Finance - Published date: .

Thu, 2023-01-12 13:52 BENGALURU: Morgan Stanley expects the oil market to tighten during the third and fourth quarte... Read more

Mineral companies Of The Future Will Need To Have A Different Structure: SWCC Governor 

Islamic Finance - Published date: .

Thu, 2023-01-12 13:46 RIYADH: As the world is witnessing rapid changes in the era of energy transition, digitaliz... Read more

Integration Between Sectors Crucial For Mining Sector Development: Industrial Development Chief

Islamic Finance - Published date: .

Thu, 2023-01-12 12:06 RIYADH: Bringing different sectors under one umbrella is crucial for the development of the mi... Read more

Govt Okays Rs 22,000 Crore One-time Grant For OMCs To Battle Losses

Banking - Published date: .

This will help them tide over continuing losses in providing domestic liquified petroleum gas Read more

IOC's June Oil Imports To Be Via Tenders After Snap 9 Mn Bbl Deal: Report

Banking - Published date: .

On Friday, IOC purchased 9 million barrels of crude which are expected to be delivered in May. Read more

Japan's Osaka Gas Enters India's Urban Gas Distribution Market

Banking - Published date: .

TOKYO (Reuters) - Japan's Osaka Gas Co said on Monday it has entered India's urban gas distribution market by invest... Read more

No Proposal To Transfer ONGC's Assets To OIL: Govt Tells Rajya Sabha

Banking - Published date: .

Assam CM had earlier this year written to PM Modi requesting him to consider transferring all assets of ONGC in the nort... Read more

Indian Oil Defers Maintenance Shutdown Of Units At Haldia: Report

Banking - Published date: .

Haldia refinery has two crude and vacuum distillation units. Read more

Bharat Petroleum To Invest Rs 1 Trillion To Become Future-ready

Banking - Published date: .

India's second-largest fuel retailer is looking to create a 1,000 MW portfolio of renewable power generation capacity Read more

Vedanta Will Not Go To Family, It Will Be Institutionalised: Anil Agarwal

Banking - Published date: .

The company, he said, cannot be run on a defensive mode Read more

Cabinet Note Issued For 100% FDI In Oil PSUs Marked For Disinvestment

Banking - Published date: .

Cabinet approval would facilitate privatisation of India's second biggest oil refiner Bharat Petroleum Corp Ltd. Read more

Contributed Over Rs 34K Cr To Indian Exchequer In FY20: Vedanta Resources

Banking - Published date: .

Diversified natural resources firm Vedanta Resources has said it contributed $4.66 billion (Rs 34,018 crore) to the publ... Read more

Need To Take Inventory Write Down Of Rs 1,456 Cr Over Covid-19, Says CPCL

Banking - Published date: .

Lower demand for crude oil and petroleum products had impacted the prices and refining margins of the company Read more

Coronavirus Impact: ONGC To Lose Rs 4,000 Crore With The New Gas Price

Banking - Published date: .

For every $1 dollar change, the company's revenues are impacted by Rs 4,400-4,500 crore annually. Read more

What Do Lower Oil Prices Mean For Credit Ratings?

Markets - Published date: .

Following the disagreement over production cuts between OPEC and other oil producers, which led to a broader collapse ... Read more

Mark Hulbert: Stock Investors Have Overreacted To The Saudi Oil Attack

Markets - Published date: .

Oil’s price surge might actually keep both the economy and the bull market running strong, writes Mark Hulbert. Read more