India, Saudi influencing world energy trends
With crude reserves of 260 billion barrels and annual production of 3.26 billion barrels, Saudi Aramco is the world’s largest producer and exporter of crude oil. Its subsidiary, Aramco Overseas Company (AOC), has recently opened an office in India to source manufacturers and contractors for Saudi Aramco.
Abdulrahman F. Al-Wuhaib, senior vice-president (operation services) of AOC, [...]
News this week
Power and petroleum ministries role in RIL gas tussles
BL reported that Mr Sushilkumar Shinde power minister downplayed reports of a difference of opinion with the Petroleum Ministry on NTPC Ltd’s legal dispute with Reliance Industries Ltd over gas supplies.
Mr Shinde told presspersons that “I do not think there is any difference between the Petroleum Ministry [...]
MET’s prediction – country’s rainfall could be near 87%
July did not turn out to be a great month for monsoons atleast in many parts of the country and we have already started seeing some alarm bells being rung even at the highest levels. The Prime Minister (PM) was on record over the weekend talking about the concerns that he has about monsoons this [...]