Venezuela has emerged as India’s third-largest crude oil supplier so far in May, overtaking Saudi Arabia and the United States, as Indian refiners increased purchases of cheaper heavy crude amid disruptions linked to the ongoing West Asia conflict.The South American nation supplied around 417,000 barrels per day (bpd) to India this month, sharply higher than […]
Mumbai, September 26 (Udaipur Kiran News). Shares of Alphageo (India) Ltd gained nearly 2% in Thursday’s trade after its subsidiary Alphageo Offshore Services (AOSPL) secured a contract from Oil India for seismic data acquisition work. The stock was trading at ₹256.25, up ₹4.60 (1.83%) from its previous close of ₹251.65 on the BSE. During the […]
The United States military boarded an Iranian-flagged oil tanker in the Gulf of Oman on Wednesday, escalating pressure on Tehran as the Trump administration pushes Iran to reopen the Strait of Hormuz amid ongoing tensions in the region.US Central Command said the M/T Celestial Sea was searched and redirected after it was suspected of attempting […]
An oil spill in the Gulf of Mexico in March that polluted beaches, killed wildlife and spread hundreds of miles was triggered by a leak near the Abkatun field operated by state energy company Pemex, Mexican officials said on Thursday.Pemex Chief Executive Officer Víctor Rodríguez said the leak had gone unreported within the organisation, leading […]
Iran mocked US President Donald Trump’s claims of a breakthrough in ongoing negotiations, dismissing it as “building castles in the air”.Iran state media IRIB (Islamic Republic of Iran Broadcasting) shared a video of Trump saying, “I think we have a very successful negotiation going on right now.” “If it happens, it’ll be announced fairly soon, […]
Explosion at Bahrain’s oil refinery (screengrab from video shared by Press TV) Explosion at Bahrain oil refinery (Credit: Press TV X handle) Explosion at Bahrain’s oil refinery (screengrab from video shared by Press TV) Explosion at Bahrain oil refinery (Credit: Press TV X handle) Explosion at Bahrain’s oil refinery (screengrab from video shared by Press […]
This photo provided by NOAA Fisheries shows a Rice’s whale at the surface in the Gulf of Mexico. (NOAA Fisheries (Permit #779-1633) via AP) A rarely used federal panel with the authority to override endangered species protections has approved a request from the Trump administration to expand oil and gas drilling in the Gulf of […]
Oil prices rose sharply on Friday as tensions in the Middle East intensified, with the US launching more strikes on Iran, fueling concerns over the energy supply flows through the Strait of Hormuz. Brent crude, the global benchmark, climbed 7.8% to $109.03 per barrel after soaring beyond the $111 per barrel mark. At the same […]
Iran struck a fully loaded crude oil tanker anchored off Dubai’s port on Monday, setting it on fire and damaging its hull, Kuwait’s state news agency reported, citing Kuwait Petroleum Corp. The company also warned of a possible oil spill. The incident appears to be the latest in a series of attacks on commercial shipping […]
A Texas oil heir has been ordered to pay a historic $1.1 billion to the young child he brutally beat, leaving him with severe injuries that require 24-hour care.34-year-old Charles Brooks Jr. will pay $291 million in compensatory damages and $810 million in punitive damages following a civil jury ruling in favour of Madison Ball, […]
