Jun 22, 2016 at 13:31 | Source: CNBC-TV18
Summer demand for crude oil has already picked up in GCC (Gulf Cooperation Council) member states and in the US and South East Asia, but the winter demand will start showing support only after next couple of quarters, says Dharmesh Bhatia of Emirates NBD in an interview to CNBC-TV18.
Jun 20, 2016 at 08:01 | Source: CNBC-TV18
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Jun 09, 2016 at 07:22 | Source: PTI
The IMF said the six Gulf Cooperation Council (GCC) countries, along with Algeria, were implementing "ambitious fiscal consolidation measures" but predicted that shortfalls would continue to grow amid cheap oil.
Jun 06, 2016 at 15:34 | Source: PTI
Gulf Oil Corporation wants further extension of the validity period of formal approval granted for setting of IT/ITeS/electronic hardware SEZ in Karnataka, beyond June 17, the agenda of the BoA meeting said.
Jun 06, 2016 at 07:28 | Source: PTI
India also invited the Gulf nation to invest in the country's exploration and production sector by bidding for the blocks under the new 'Hydrocarbon Exploration and Licensing' Policy and take part in disinvestment of Indian PSUs.
May 31, 2016 at 16:00 | Source: PTI
Total, which is already a leading retailer of petroleum products in Africa, will acquire Gulf Africa Petroleum Corporation's (GAPCO) assets in Kenya, Uganda and Tanzania.
May 24, 2016 at 07:28 | Source: PTI
India and Iran inked a dozen agreements ranging from a contract to develop the strategic Chabahar port to an initial pact to set up an aluminium plant and one on laying a railway line to give India access to Afghanistan and Central Asia.
May 23, 2016 at 15:16 | Source: PTI
Besides developing the Chabahar port, the two sides also singed agreements in diverse fields like trade credit, culture, science and technology and railways.
May 23, 2016 at 15:01 | Source: Reuters
That caution reflects a firm chastened by the USD 55 billion cost of its 2010 Gulf of Mexico spill, and needing to squeeze every last drop out of a sharply reduced exploration budget at a time of low oil prices.
May 23, 2016 at 09:56 | Source: PTI
"The Gulf lost some charm for India last fiscal, both as a destination for exports and a source of remittances, but a hard look at the numbers suggests the situation isn't as bad as it appears," its research arm said in a note.