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Friday, January 16, 2026
TopicOil and Gas

Topic: Oil and Gas

Global economy in peril as rusted oil tanker threatens to blow off Yemen’s west coast

Yemen, Saudi Arabia, Jordan, others endangered as 1.1 million barrels crude oil threatens to spill into the Red Sea.

Rich-poor divide on clean power is getting wider and hurting the climate fight

Investment in clean energy has accelerated since Covid struck, hitting $1.4 trillion based on IEA's annual report. Yet, in developing countries, the picture looks very different.

OPEC’s second largest producer Iraq hit as cheap Russian oil flows into Asia

Basrah Medium & Heavy crude, Iraq's main exported grades, face a threat in international markets as major buyers, India & China prefer discounted Russian crude oil after Ukraine invasion.

Why Saudi Aramco is overpaying for a mere 20% stake in Mukesh Ambani’s Reliance Industries

Saudi Aramco is happy to pay a rich price for Reliance as India is likely to soon overtake the US as the world’s biggest net importer of crude.

Oil companies need not be victims, can lead shift to greener fuels, says ex BP honcho

These giants have the resources and, in many cases, skills that can be adapted to deliver energy solutions at the immense scale needed.

On Camera

Regime change in Iran will be bad for India. The alternative will be worse

New Delhi has adopted a careful and calibrated posture toward complex conflicts in the Middle East. It offers little comfort.

Pakistan coming to Davos on a private pass—biggest delegation in years, (unofficial) pavilion

Sharif was not part of forum in 2025, nor did WEF officially mention Pakistan's presence in 2025. Accompanying PM will be Finance Minister Muhammad Aurangzeb, Dy PM Ishaq Dar and PPP chief Bilawal.

The curious case of Pakistan’s JF-17 ‘orders’

Pakistan lacks capacity to deliver aircraft at pace suggested by its claimed contracts as it depends on China for avionics, electronic warfare, weapons, and on Russia for engines. 

Thank you Donald Trump, again. India now has reason to shed fear of trade deals and risky reform

UK, EFTA already in the bag and EU on the way, many members of RCEP except China signed up, and even restrictions on China being lifted, India has changed its mind on trade.