Category: Oil & Gas

An initial US assessment has indicated that Iran was likely to be behind the attack on two Saudi Arabian oil tankers and two other vessels damaged over the weekend off the coast of the United Arab Emirates (UAE), an American official said. The assessment, while not conclusive, was the first suggestion by any nation that […]

Saudi Arabia said Monday two of its oil tankers were sabotaged off the coast of the United Arab Emirates in attacks that caused “significant damage” to the vessels, one of them as it was en route to pick up Saudi oil to take to the US. Khalid al-Falih’s comments came as the US issued a […]

The High Court on Thursday directed Indian Oil Corporation Ltd, Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd to process cases of only those applicants who have applied for retail outlets in J&K in consonance with provisions of state laws. The court also directed that “Clause (IV) of the guidelines issued for the purpose […]

The Divisional Commissioner Kashmir Baseer Ahmad Khan today reviewed various issues regarding the availability of LPG (liquefied petroleum gas) cylinders across the valley. The Divisional Commissioner stressed the concerned officers to ensure stocking of LPG cylinders so that there is no shortage of cooking gas. The oil companies were also directed to ensure buffer stocking […]

Iran has criticized US talks with the Taliban on ending the Afghanistan war, saying Washington was elevating the role of the militants. Foreign Minister Mohammad Javad Zarifacknowledged that Iran had also opened dialogue with the Taliban but said that the US push for a deal with the extremists was “seriously wrong”. “An attempt to exclude […]

India Tuesday said it was adequately prepared to deal with the impact of the US decision to end waivers that allowed it to buy Iranian oil without facing sanctions. External Affairs Ministry spokesperson Raveesh Kumar said the government will continue to work with partner nations, including the US, to find all possible ways to protect […]

Advisor to Governor, Khurshid Ahmed Ganai Wednesday asked the Food Corporation of India (FCI) and oil marketing companies (OMCs) to ensure adequate storage and supplies of food grains and fuel in Kashmir. According to an official spokesperson, he inspected FCI godown Lethpora and inspected stock and supply position of food grains there. He inspected bottling […]

Mumbai, Feb 15: A day after a major militant strike in Jammu and Kashmir and subsequent India-Pakistan diplomatic tensions soured the overall market sentiment in the Indian equity market last trading day of the week. Investor sentiment was also hampered due to a spike in the crude oil prices, along with heavy outflows of foreign […]

Police today said it seized 189 hoarded LPG cylinders from Hawal area here in Downtown. “On a credible input regarding illegal dumping of cooking gas cylinders inside residential premises of Gowhar Ali Sheikh resident of Hawal raided the spot. Officers from the local police unit under the supervision of SDPO Hazratbal seized 189 cooking gas […]