Moscow: Russian Finance Minister Anton Siluanov claimed that Russia could maintain its economic progress on the strength of its gold reserves, despite any slump in the oil prices, on the international level. Russia has a gold reserve of more than 2200 tonnes valued at USD 108 billion. At the same time, Russia has added to […]
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New Delhi: India will be investing $ 60 billion in the fuel gas sector by the year 2030. Minister for Petroleum, Shri. Dharmendra Pradhan made this announcement. The Petroleum Minister said that the amount will be invested in the facilities connected with Fuel Gas and other sectors. The Fuel Gas networks currently supplying gas in […]
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Washington/Riyadh: US Secretary of State Mike Pompeo said, ‘It makes no difference, even if the Houthi rebels have accepted the responsibility of the attacks on Saudi oil facilities. Iran is the one responsible for the attacks. Such attacks had never been carried out against Saudi previously. Iran has thus declared war by launching the attacks.’ […]
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Dreadful attacks started on the oil refinery project of Aramco company at Abqaiq in Saudi, at 3:31 am on Saturday. Within the next eleven minutes, Khruais oil installations came under drone attacks. The Houthi rebels from Yemen accepted the responsibility of the attacks. Even in the past, the Houthi rebels have targeted Saudi military bases, […]
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London/New York: Following the drone attacks on the oil refinery projects of Aramco in Saudi, the oil rates in the international market have jumped by 20%. The oil rates have climbed to USD 71 per barrel in the market transactions on Monday. This is said to be the biggest leap in the oil rates, in […]
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Washington: A senior US official claimed that Iran carried out the drone attacks on the Saudi oil facilities in Abqaiq and Khurais on Saturday. The official told a news channel that Iran attacked the Saudi oil facilities with cruise missiles and more than 20 drones. However, Iran has dismissed the US accusations for the second […]
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Washington: Senator Graham Lindsey demanded that if the consistent provocation from Iran has to be stopped, it has to be taught a lesson and for that, and the United States should, therefore, carry out attacks on the Iranian oil facilities. The United States had accused Iran of being responsible for Saturday’s drone attacks in Saudi […]
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Riyadh/Tehran: Saudi Crown Prince Mohammed Bin Salman warned that Saudi was competent and ready to retaliate against the terror attack on the largest oil refinery project in Saudi Arabia. Saudi Arabian Crown Prince Mohammed Bin Salman held a telephonic discussion with US President Donald Trump regarding the attacks by the Houthi rebels on Saturday. At […]
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Washington: US Deputy Secretary of energy, Dan Brouillette claimed that the United States would be dominating the international energy sector. He said that US President Donald Trump has drafted the oil policy with a view that the United States will lead the Oil sector. President Trump’s persistent stand is that the United States has to […]
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New Delhi: India seems to be benefiting from the fact that China has imposed an additional 5 per cent tariffs on US crude oil coming from the United States. To avoid the excess five per cent tariffs, the Chinese consumer company had resold the oil before it reached China’s port. Also, the Indian company Bharat […]
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