Monday, 23 May, 2022
TopicOil industry

Topic: Oil industry

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

YourTurn

The Supreme Court | ThePrintTeam

India has debated sedition at length but it won’t go without the overhaul of justice system

Preventive Detention has stayed its course because India didn’t invest much in the investigative competence of the police, or legal acumen of the prosecutors.

World’s $300 trillion in debt. Here’s what it means for services like health, education

To meet debt payments, at least 100 countries will have to reduce spending on essential services, the IMF estimates.

Defence

Representational image of drone. | Photo: Mark Kauzlarich | Bloomberg

As drones usher in new era of warfare, India’s growing UAV industry begins to take flight

With a growing indigenous base of drone manufacturers and exporters, and incentives from government, industry sentiment is bullish. However, some concerns remain. 

Mandir or Masjid? New surveys not needed, just acceptance of truth & move towards reconciliation

That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.
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