The cap by G7 would prevent Russian cargoes from selling oil that exceeds the still-undefined G7 limit….reports Asian Lite News Russian President Vladimir Putin on Wednesday announced that Moscow would…
Oil prices are nowhere near their peak as an impending rise in Chinese demand threatens to strain a global market already pinched by tight supplies…reports Asian Lite News UAE energy…
The group on Thursday agreed to increase oil production by 648,000 barrels per day (bpd) in July, higher than its previous monthly increases of 432,000 bpd, reports Asian Lite Newsdesk…
The results announced by SCAD at constant prices indicate that Abu Dhabi’s GDP at constant prices grew 1.9% in 2021 compared with 2020…reports Asian Lite News Statistics Centre-Abu Dhabi (SCAD) has…
The value of national non-oil exports amounted to about AED 354 billion, setting a new record…reports Asian Lite News The total value of the UAE’s non-oil foreign trade in 2021…
This figure was reached despite the dozens of sanctions the US government has imposed on the South American country, said El Aissami State-owned oil company Petroleos de Venezuela (PDVSA) exceeded…
The Environmental Solutions vertical of Dulsco Group has launched an advanced Oil Re-Refinery Plant, the first of its type in the region…reports Asian Lite News The facility, located at Jebel…
India will double its oil and gas exploration acreage in the northeast part of the country…reports Asian Lite News India will have “massive additional” areas for oil exploration and production…
This prevented a deal that would have helped to soften crude prices a bit next month on the back of increased oil production of 2 million barrels a day….reports Asian…
The Coast Guard said that it had received information from the Maritime Rescue and Coordination Centre (MRCC) in Colombo late on Wednesday about a mid sea oil spill about 450…
