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Afghan Taliban Sign Deal For Russian Oil Products, Gas And Wheat
The Taliban have signed a provisional deal with Russia to supply gasoline, diesel, gas and wheat to Afghanistan, Acting Afghan Commerce and Industry Minister Haji Nooruddin Azizi told Reuters.
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Norway To Deploy Military To Protect Its Oil And Gas Installations
Norway will deploy its military to protect its oil and gas installations against possible sabotage after several countries said two Russian pipelines to Europe spewing gas into the Baltic had been attacked, the prime minister said.
Read More →Oil Settles Lower After Hitting $90/Bbl As OPEC+ Considers Output Cut
Leading members of the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, have begun discussions about an oil output cut at their next meeting on Oct. 5, three sources told Reuters.
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Oil Prices Jump After U.S. Crude, Fuel Stocks Drop, Dollar Weakens
Oil prices rose for a second day, rebounding from recent losses as the U.S. dollar eased off recent gains and U.S. fuel inventory figures showed larger-than-expected drawdowns and a rebound in consumer demand.
Read More →Indian Refiners Pay Dollars For Russian Oil After Dirham Attempts Fail
Indian companies are still buying Russian oil using dollars after Dubai's Mashreq Bank declined to handle payments from at least two refiners in Emirati Dirhams as requested by the supplier, according to three sources familiar with the matter.
Read More →U.S. Imposes New Sanctions On Iran Oil Exports, Targets Chinese Firms
Washington has increasingly targeted Chinese companies over the export of Iran's petrochemicals as the prospects of reviving the nuclear pact have dimmed. Indirect talks on the accord, formally known as the Joint Comprehensive Plan of Action (JCPOA), have broken down.
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Drone Activity Observed Near Total Offshore Installation In North Sea
TotalEnergies said on Thursday it had observed "unauthorized drone activity" near one of its offshore oil and gas installations in the North Sea.
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Citroën Invents Cardboard Car For Resourceless World
Imagine a future world starved of resources where carmakers have to resort to replacing the metal in your car's roof and hood with cardboard.
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India's Top Refiner Sets Up New Unit For Treasury Operations
The new unit - Finance Company - will help IOC benefit from interest arbitrage as the company's borrowings increase after selling fuel locally at below-market rates.
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Peru Indigenous Groups Block River In The Amazon After Oil Spill
The spill took place on Sept. 16 and affected several indigenous communities in Peru's Northeast region of Loreto. While Peru's environment ministry estimated the spill at 2,500 barrels, state-owned oil company Petroperu said it did not yet have an estimate.
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Oil Settles Lower After Hitting $90/bbl As OPEC+ Considers Output Cut
Oil prices settled lower in choppy trading, rising above $90 per barrel and then retreating as traders weighed a worsening economic outlook against potential OPEC+ output cuts next week.
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Finland To Join European Neighbours In Shutting Out Russian Tourists
Baltic states and Poland argued that Russian tourists posed a national security threat. Estonia expressed frustration that Finland had not joined them. Ukraine has said Russians should stay at home and seek to stop the war.
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The Long, Winding Road To Volkswagen's Porsche IPO
Shares in Volkswagen's sportscar brand Porsche started trading on Thursday in what marks Germany's second-largest listing ever as well as a new phase in a sometimes fraught relationship between the two auto brands that goes back decades
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India Pushes Back Six Car Airbags Rule By A Year To Oct 2023
The move, aimed at improving safety in a country that has the world's deadliest roads, was initially planned for Oct. 1, 2022, but faced resistance from some carmakers.
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Start-Up Etioca Eyes Nasdaq Listing Next Year As It Unveils Electric Taxi
Founded and led by Israeli engineer Mark Ishakov and headquartered in Gibraltar, Etioca will not sell its taxis but has a business model based on fees paid by drivers to use them and on other services including media advertising and blockchain.
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New York State To Adopt California 2035 EV Rules
The California Air Resources Board (CARB) adopted its rules after Governor Gavin Newsom issued a 2020 executive order directing the move. CARB said the rules will reduce smog-causing pollution from light-duty vehicles by 25% by 2037 and result in 9.5 million fewer conventional vehicles sold by 2035.
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Japan To Give Micron Tech Up To $320 Million To Boost Hiroshima Chip Output
The financial aid announcement, which follows the visit to Japan by U.S. Vice President Kamala Harris, is the latest example of growing cooperation between Washington and Tokyo in chip manufacturing amid increasing tension and an intensifying technology rivalry with China.
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U.S. Imposes New Sanctions On Iran Oil Exports, Targets Chinese Firms
The United States imposed sanctions on companies it accused of involvement in Iran's petrochemical and petroleum trade, including five based in China, pressuring Tehran as it seeks to revive the 2015 Iran nuclear deal.
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Argentine Oil Workers Strike After Refinery Explosion Kills Three
Argentina's largest oil union said it launched an indefinite strike after an explosion at a refinery in the western province of Neuquen killed three.
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India's Reliance Unit To Buy 20% Stake In Caelux In Renewable Energy Push
Indian oil-to-chemicals conglomerate Reliance Industries Ltd said its unit Reliance New Energy Ltd would buy a 20% stake for $12 million in solar technology developer Caelux Corp to produce more powerful and lower cost solar modules.
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