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Saturday, November 2, 2024
TopicOil industry

Topic: Oil industry

EV sales have taken giant leap forward. But here’s why US is doubling down on oil production

What's happening in the fossil fuel industry is an example of the 'green paradox'—extract resources as quickly as possible when faced with the threat of future decreased market value.

Using oil weapon against Russia risks military response to economic punishment

Cutting Russia's oil and gas exports equals economic decapitation of the regime. Putin has already raised nuclear alert levels. Put oil and gas on the table, and he’s likely to up the ante.

Excise duties & Robin Hood politics — why fuel prices are rising despite low global rates

In episode 668 of Cut The Clutter, ThePrint’s Shekhar Gupta narrates the story of fuel pricing in the country to unpack why prices have risen drastically.

Trump has had an extraordinary impact on oil industry, things will change if Biden wins

Everything will carry on pretty much as they are if Trump is re-elected as US President. But if Biden wins, things will certainly change for domestic energy companies and policy.

Should Modi govt let oil crash cushion finances or will lower retail prices revive economy?

The global oil slump has given Modi govt the cushion to hike fuel taxes to meet revenue shortfalls. But retail fuel prices still hover around pre-Covid-19 levels.

Booze will hurt India’s bid to increase ethanol content in petrol

UP govt order to sugar mills to provide molasses to alcoholic drinks manufacturers at rates well below market levels means less is available to turn into ethanol.

Venezuela oil czar courts India after $20 billion hit from US

India is set to emerge as Venezuela’s preferred customer due to the nation’s willingness to pay for crude in cash.

Saudi prince needs to focus on more realistic and practical reforms

Saudi Arabia needs to reduce the state’s role in the economy, promote privatisation and ensure greater transparency in the system.

On Camera

Bibek Debroy was an ‘Acharya’ in India’s intellectual history

In the centuries to come, economist Bibek Debroy's Mahabharata will attain the importance we attach to the texts of Shankara, Ramanuja, and Madhvacharya.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

All about Major Bob Khathing, whose daring expedition & diplomatic parleys secured Tawang for India

The decorated Naga officer from Manipur also served as envoy to Myanmar & Nagaland chief secy. Defence Minister Rajnath Singh inaugurated a museum dedicated to the Tawang hero Thursday.

From 2004 to 2024, bad news has come wrapped as good news for Congress

Congress is silently acknowledging it over-read verdict of last general election. You can see it in easy concession to SP. It will likely be more reasonable in Maharashtra & Jharkhand.