India's shift to exporters like US and Nigeria comes amid an increased demand for gasoline, as the pandemic pushes people to private cars instead of public transport.
Saudi & other producers are keeping millions of oil barrels off the market, leaving supertankers unemployed and likely to be junked on the beaches India, Pakistan & Bangladesh.
The 11th-hour regulatory race reveals a widespread effort by Trump officials to leave their imprint on federal policy and — at least temporarily — tie the hands of their successors.
Non-Saudis will no longer need employer’s permission to change jobs, travel abroad or leave the country permanently. New rules will come into effect on 14 March.
Reliance Industries, owner of world’s largest refining complex, signed a deal to purchase 2 million barrels of heavy Canadian oil a month for next 6 months.
Qatar is bringing in sweeping labour reforms, imposing a standard minimum wage applicable to employees of all nationalities and professions and making it easier to change jobs.
A refinery thrives on the price difference between crude oil and fuels like gasoline, earning a profit that’s known in the industry as a cracking margin.
Amid lockdown, demand for transportation and industrial fuels plummeted by as much as 70%, but India is confident things will look up faster than projected.
If companies don't pivot to renewable sources, they may have trouble getting access to the financing they need to keep the drills running in the future.
Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
Gasoline is a US term for what we refer to as petrol. The Print would do well to stick to Indian terms and connotations as the consumers primarily are.
Gasoline is a US term for what we refer to as petrol. The Print would do well to stick to Indian terms and connotations as the consumers primarily are.