US oil output has peaked amid price fall, top shale producer warns
Finances

US oil output has peaked amid price fall, top shale producer warns

[ad_1] Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. Two big

CBI arrests Oil India official, private company executive for bribery
Business

CBI arrests Oil India official, private company executive for bribery

[ad_1] The CBI has arrested a deputy general manager of Oil India Limited posted in Assam’s Duliajan and a private company executive for alleged bribery

BP makes new oil discovery off US Gulf coast
Business

BP makes new oil discovery off US Gulf coast

[ad_1] BP made an oil discovery in the Far South field in the U.S. Gulf of Mexico, the UK-based oil major said on Monday. The

North Sea oil deals allow companies to offset billions in tax liabilities
Finances

North Sea oil deals allow companies to offset billions in tax liabilities

[ad_1] Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. North Sea

Vladimir Putin’s war chest under threat as oil prices slide
Finances

Vladimir Putin’s war chest under threat as oil prices slide

[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A recent plunge in

Gulf Oil targets ₹500 cr EV charger biz, eyes global markets
Business

Gulf Oil targets ₹500 cr EV charger biz, eyes global markets

[ad_1] Ravi Chawla, MD & CEO, Gulf Oil Lubricants India Ltd Gulf Oil Lubricants India Ltd is looking to scale its EV charger business to

BP shareholders to vote against chair re-election in protest over oil and gas pivot
Finances

BP shareholders to vote against chair re-election in protest over oil and gas pivot

[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Legal and General is

Oil price plunge puts US shale production in peril
Finances

Oil price plunge puts US shale production in peril

[ad_1] US shale oil producers are facing their gravest threat in years, as a sudden crude price sell-off triggered by Donald Trump’s trade war has

Oil prices: Oil returns to losses as market concerns over trade war persist
Business

Oil prices: Oil returns to losses as market concerns over trade war persist

[ad_1] Oil extended a volatile run as investors grappled with abrupt shifts in US tariff policy. Image used for representation purpose only. | Photo Credit:

To shore up revenues, govt revised excise duty on petrol, diesel 13 times since 2014 when oil prices fell
Business

To shore up revenues, govt revised excise duty on petrol, diesel 13 times since 2014 when oil prices fell

[ad_1] The government’s penchant for increasing excise duty during times of low global crude oil prices has been in practice since 2014, a mechanism that

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