The Government of India, acting through the Directorate General of Hydrocarbons, Ministry of Petroleum and Natural Gas has granted its approval for a 10-year extension of the Production Sharing Contract (PSC) for Vedanta subsidiary Cairn, Oil & Gas at the onshore Rajasthan Block RJ-ON-90/1.
The tenure of the RJ Block PSC, which was due to expire on May 14, 2020, has been extended for an additional period of 10 years with effect from May 15, 2020.
On Friday, European prompt power prices were untraded for Monday on the expectation of an increase in wind power supplies throughout the region.
Malaysian palm oils futures continued to fall on Friday as they tracked the weakness of rival vegetable oil at Chicago and Dalian…
Oil prices fell on Friday, as investors shifted their focus to a forecast for ample supply. They also shrugged off the expectation…
W&T Offshore is an independent driller in the U.S. Gulf of Mexico. It has asked a federal court to block the insurance companies'…
On Thursday, the Canadian province Newfoundland and Labrador signed a Memorandum of Understanding with its neighboring Quebec…
Shell said on Thursday its unit has made a final investment decision to add two wells at the Perdido platform in the U.S.
Analysts and traders said that the global diesel market would likely see a price boost in 2025 due to the closing of around…
European prompt electricity prices fell on Friday, as wind power supplies are expected to increase in Germany while demand is forecast to decline.
Woodside Energy, Australia's largest oil and gas producer in terms of market value, announced on Thursday that the state…
The U.S. Solar Industry unveiled their lobbying strategy on Thursday for the incoming Trump Administration. They promoted…
Two of Exxon Mobil's top executives stated on Wednesday that they wanted to "participate in" Hess Corp. selling its Guyana…
OPEC reduced its estimates for the growth of oil demand this year and in 2019. The producer group has now revised their forecasts…
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