Caspian Sea Pipeline damaged by a storm; oil prices set to rise further
One of the world's key oil producing routes, the Caspian Pipeline Consortium (CPC), has suspended oil loading at its Black Sea marine terminal near...
McFaul formula for Russian oil – take deliveries but pay only after special operations in Ukraine
The United States is verbal on its aim to oust Russia from the world oil market. The European Union has declared their desire to...
Putin Free Gas – Germany to buy expensive LNG from Qatar
On Sunday, Germany reached a deal to source liquefied natural gas from Qatar, with Europe's largest economy seeking to replace some of its current...
After sodium-ion battery, Reliance Industries buys lithium iron phosphate technology by acquiring Lithium Werks
RIL subsidiary Reliance New Energy Limited (RNEL) is set to substantially acquire most of the assets of Lithium Werks BV for a total transaction...
HAL and Safran create Engine MRO in Goa, closer to Indian Armed Forces customers
Helicopter Engines MRO Pvt Limited (HE-MRO), a JV of HAL and Safran, held a ground breaking ceremony for a new facility at Sattari, 40...