crude-oil

India welcomes return of Venezuelan oil to market: Puri

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Tapping into Latin America nations will help India diversify its import basket, with industries like IOC and HMEL securing 4 million barrels of Venezuelan oil in February “India, the world’s third largest oil consuming and importing nation, welcomes the return of Venezuelan oil to the market after sanctions on the Latin American nation were eased”, … Read more

Alberta premier’s arguments on increasing oil and gas production ‘logically incoherent’: Wilkinson

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Federal Energy Minister Jonathan Wilkinson says Alberta Premier Danielle Smith’s claim that Canada can achieve carbon neutrality in 2050 while simultaneously increasing oil and gas production is “incoherent.” Smith has long argued that carbon neutrality is about a transition away from emissions and not a transition away from oil and gas production, a source of … Read more