Keyword: Oil

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India Gets 74 Bids for New Oil, Gas Blocks

29.03.2011 - India received 74 bids for 33 oil and gas exploration blocks on Monday, but the latest licensing round aimed at attracting increased private investment failed to draw big global...

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India to Launch Shale Gas Auction Before End of 2011

19.10.2010 - India will launch bidding for shale gas exploration before the end of 2011 and hopes to ink a technologysharing agreement with the U.S. to help it develop the resource, officials...

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Shell Increases Crude Oil Trade With Iran

28.09.2010 - Royal Dutch Shell has bought $1.5 billion worth of crude oil from the National Iranian Oil Company (NOIC), Britain's Guardian newspaper said, citing sensitive trading documents...

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Lukoil Resumes Gasoline Supply To Iran

12.08.2010 - Russian oil giant Lukoil has resumed gasoline sales into Iran in partnership with China's state-run firm Zhuhai Zhenrong, even as the U.S. urges the international community to be...

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What Would Be The Impact Of India's Fuel Price Hikes?

28.06.2010 - India has moved to ease price controls on gasoline and raise other fuel rates. Here are some questions and answers about the implications. What will be the political impact...

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Downstream Oil Construction Costs Continue to Rise

23.06.2010 - The cost of building oil refineries and petrochemical plants continues to rise, even as the downstream refining business suffers from poor margins, as costs rise along with the...

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Prosecutor Probes Swedish Link in Sudan Crimes

22.06.2010 - Sweden's public prosecutor opened a criminal investigation on Monday into allegations that Swedes working for a consortium of oil companies during the Sudanese civil war may have...

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SABIC Chief: Oil Price Below $65/Barrel a 'Disadvantage'

25.05.2010 - An oil price of $65 per barrel is still reasonable for all producers, but a price below that level will be a "disadvantage," the chief executive of Saudi Basic Industries...