The fossil fuel era won’t last forever. And a new set of countries will find their reserves of lithium, copper and rare earth metals are in high demand.
Authoritarian regimes around the world are selling off oil that belongs to the people, and using the money to fund repression, corruption and terrorism.
The transaction will help the government cross its annual disinvestment target for the first time ever.
China exported no oil products to North Korea in November, Chinese customs data showed, apparently going above and beyond sanctions imposed earlier this year by the UN.
Taxes currently constitute 45%-52% of the retail price of auto fuels, far higher than what would it be if petrol and diesel was brought under the Goods and Services Tax regime.
The order is Washington’s biggest sanctions blow to date against Maduro, meant to punish his government for what Trump has called an erosion of democracy.
BPCL is the second Indian refiner to buy US Gulf crude after Prime Minister Narendra Modi’s visit to Washington last month.
If the Niger Delta people continue to feel the government is ignoring their needs, leaders say they will resort to attacks on oil facilities.
The CNPC fears that North Korea won’t be able to continue payments, and with increasing pressure on Pyongyang for its nuclear programme, “it’s no longer worth the risks”.
With some of the world’s biggest shale oil and gas reserves, can Argentina become South America’s Saudi Arabia?
Rather than allowing every protest to degrade into name-calling, where protestors are branded ignorant or anti-national, it may be worthwhile to engage with substantive issues raised by them.
For both the financial markets and the public at large, the monetary policy announcements are primarily about the interest rate changes.
People in the southern Delta region, where oil giants such as Royal Dutch Shell and Chevron operate, have for years complained about the oil industry’s pollution and of economic marginalisation by the state.
Al Qaeda in the Arabian Peninsula (AQAP) is thriving by joining diverse armed groups in taxing fuel delivered illicitly to remote beaches along the Arabian Sea coast.
The country is trying to deal with a resurgence of attacks on oil and gas facilities.
Consultations on Asia, Illegal Drug Trade and Cyber Security: Key Takeaways from Russia-India-China Summit
Issues ranging from cyber security to the threat from terrorism was discussed in the Russia-India-China trilateral summit. Here are the key takeaways.
India should help prepare a platform for dialogue between Saudi Arabia and Iran to address issues that divide them and foment mistrust.