Sunday, 4 December, 2022
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.

PM Modi to interact with CEOs, experts of global oil & gas sector tomorrow

The focus area for the conference would be exploration and production in hydrocarbon sector, energy independence, green hydrogen among others, in 6th such conference since in 2016.

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

YourTurn

51 cow universities, old pension scheme, jobs — what RSS affiliates want from 2023 Budget

Welfare schemes and ‘self-reliance’ figure high on Sangh organisations’ wishlists for finance minister Nirmala Sitharaman ahead of the Budget, which she will present on 1 February.

Defence

Navy chief Admiral Hari Kumar addressing a press conference on the eve of Navy Day | ANI

Indian Navy puts on hold plans to build IAC 2, but is considering repeat order of Vikrant

At his annual press conference, Navy chief Admiral Hari Kumar also said they'll soon take a call on whether they'll go in for marine version of Rafale fighters or F/A 18 Super Hornets.
Illustration: Soham Sen | ThePrint

Gujarat election is anything but dull. BJP’s political neurosis about AAP is the hidden headline

Gujarat is the only state where Modi is directly in contention. Even if he wins, the team that runs him closest has much to gain.