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The average price for Brent crude oil in 2018 will be in the range of AED 183.5 per barrel, according to 61 per cent of respondents to a GIQ Industry Survey of 250 energy industry professionals operating across the...

Posted By : Rabi Wangkhem 4 hours 12 minutes ago
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Reuters cited Mr Jabar al-Luaibi, Iraq's oil minister as saying that OPEC and other oil producers are discussing several options for their supply-cut pact, including an extension and a further cut, but it is premature...

Posted By : Rabi Wangkhem 4 hours 17 minutes ago
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Reuters reported that the latest discovery of India's largest oil explorer, Oil and Natural Gas Corp , to the west of its Mumbai High offshore fields is estimated to hold in-place reserves of about 20 million tonnes,...

Posted By : Rabi Wangkhem 4 hours 20 minutes ago
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Reuters reported that Lebanon made progress in its efforts to develop a hydrocarbons industry when lawmakers passed a petroleum tax law, as companies prepare to bid on a first round of offshore exploration licences next...

Posted By : Rabi Wangkhem 4 hours 22 minutes ago
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Reuters quoted Australia's competition watchdog as saying that the country's east coast gas exporters have not done enough to shore up local supply, in a warning shot ahead of a decision by the government on whether to...

Posted By : Rabi Wangkhem 4 hours 26 minutes ago
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Green Dragon Gas Ltd., one of the largest independent companies involved in the production and sale of coal bed methane gas in China, is very pleased to announce that it has finalised a Memorandum of Understanding on...

Posted By : Rabi Wangkhem 4 hours 29 minutes ago
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Reuters reported that liquefied natural gas will be the biggest source of carbon emission growth for the world’s top oil and gas companies by 2025, according to a new study by Wood Mackenzie, as demand for the...

Posted By : Rabi Wangkhem 4 hours 31 minutes ago
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Business Standard reported that at a time when the core sector growth has slowed down, the railways has posted a 5 per cent rise in its freight volume for the first five months of the current financial year (FY18),...

Posted By : Nanda Koijam 4 hours 32 minutes ago
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Fujairah National Shipping (FNS) is launching an ambitious bid to challenge network rivals in the Gulf by aiming to become one of the top three maritime services companies in the region by the end of 2018. Based at the...

Posted By : Nanda Koijam 4 hours 34 minutes ago
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ET reported that global Liquefied Natural Gas demand will likely reach 280 Million Tonne Per Annum in 2017, the largest YoY growth since 2011, Bloomberg New Energy Finance said in its latest research report on global...

Posted By : Rabi Wangkhem 4 hours 34 minutes ago
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Currency Rates
USDValueDoDWoWMoMQoQYoY
USD1.0000.0000.0000.0000.0000.000
AUD1.259-0.0010.015-0.009-0.058-0.060
BRL3.138-0.0050.013-0.054-0.137-0.120
CAD1.230-0.0030.016-0.039-0.095-0.086
CNY6.589-0.0010.057-0.073-0.224-0.081
EUR0.835-0.0030.001-0.011-0.061-0.062
GBP0.736-0.001-0.018-0.034-0.047-0.035
INR64.9540.0320.9570.9240.347-2.066
JPY112.040-0.4871.9702.4520.94910.081
RUB57.8910.0650.141-1.8960.040-6.501
ZAR13.259-0.0370.137-0.1280.391-0.517
DoD - Previous Day, WoW - Last Day, MoM - Last 30 Days As on Sep 22 2017
Source : xe.com