Reliance has postponed the bidding event organized for new KG-D6 gas plant from October 11 to November 6 on the requests from certain bidders. The new gas will be produced from KG-D6 plant in th... Read More

Oil prices rose on Thursday even though Organization of the Petroleum Exporting Countries (OPEC) is yet to decide in December on the oil output for 2020. This rise in price has been due to produ... Read More

Due to the pronounced economic slowdown experienced in the country, Moody has slashed the GDP growth forecast from 6.2 percent to 5.8 percent for the next fiscal yea... Read More

EIA has forecast that the oil prices will decrease in the second quarter of 2020. It is expected to decrease to $57 per barrel from $63 per barrel in September. The reason for these estimates is... Read More