Industry

Indian oil minister says Saudi "revisiting" output cut policy: Reuters

India Saudi StoryIndia's oil minister Dharmendra Pradhan, referring to a discussion with his Saudi counterpart, said that Saudi Arabia and other OPEC producers were "revisiting" their policy of cutting crude oil output

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90 per cent of oil and gas executives see M&A scenario improving

Oil Rig MAAccording to the EY Oil & Gas Global Capital Confidence Barometer (CCB), 90 per cent of oil and gas executives expect global mergers and acquisitions to improve in the next 12 months

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Iran oil exports hit highest since signature of nuclear deal

Iran storyIran's Shana news agency said on Saturday that the country exported 2.7mmbbl per day in May, the highest since international sanctions were lifted on the country in 2016

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Oil refineries need to determine investment strategies to reduce ‘Sulphur Shadow’: KBC

sulphur shadowFew consumers are willing to pay extra for their goods to reduce the amount of sulphur emissions they are personally responsible for - their own ‘Sulphur Shadow,’ as in the USA, UK and Russia, more than 35 per cent of consumers are unwilling to pay anything extra for a car to reduce their ‘Sulphur Shadow’

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Process oil demand to grow fastest in Africa and Middle East region

lubricantsGlobal process oil demand is forecast to grow 1.4 per cent per year to 7.2 mmt in 2021, according to the Freedonia Group, a Cleveland-based international business research company

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