UAE: Al Ansari signs agreement to acquire BFC Group Holdings WLL for USD 200 million

Jul 30, 2024

Al Ansari Financial Services (AAFS) has signed a Sales and Purchase Agreement (SPA) to purchase 100 percent of BFC Group Holdings W.L.L., (BFCGH), a...

Snubbing technique unit from Canada to control Assam's Baghjan blowout

Oct 19, 2020

Tinsukia (Assam) [India], October 19 : Oil India Limited (OIL) on Monday said that the new technique - snubbing technique unit is being brought...

No issue with oil payment from India: Russia

Apr 03, 2024

"Russian oil supplies to India are maintained at a steadily high level; no problems arise with determining means of payment for oil exported by...

India-Russia oil trade: what is at stake?

Mar 19, 2022

New Delhi [India], March 19 : In order to shield the economy from the negative impact of the recent surge in crude oil prices,...

India cuts all windfall tax on crude oil

Apr 04, 2023

The central government has withdrawn all windfall tax on crude oil with immediate effect, according to a government notification.

Oil India's oil, gas production affected after Baghjan fire

Aug 11, 2020

Tinsukia (Assam) [India], August 11: Over a month after a fire broke out at a gas well of Oil India Limited (OIL) at Baghjan...