Economic TimesIn oil-thirsty India, refiners lend unlikely help to gasEconomic TimesIndia's top three state-owned oil refiners are planning to use their gasoline and diesel fuel outlets to sell compressed natural gas for vehicles, increase investments …

Ars TechnicaAt $50 a barrel, billions in tax breaks keep many oil projects profitableArs TechnicaAt $50 a barrel, the low price of crude oil has slowed some of the oil production in the US, especially in regions that are costly to develop, like the Arctic. …

Al-BawabaSaudis See Economy Shrink In Spite Of Higher Oil PricesOilPrice.comSaudi Arabia's economy contracted by 1.03 percent over the second quarter of the year, after a 0.5-percent contraction in the first quarter. The pace of recession accelerated b …

Science DailyGM soybean oil causes less obesity and insulin resistance but is harmful to liver functionScience DailySoybean oil is the major vegetable cooking oil used in the United States, and its popularity is on the increase worldwide. Rich in unsaturat …

Economic TimesUS crude oil import to India could boost bilateral trade by up to $2 billion: US embassyEconomic TimesIndian Oil has placed a cumulative order of 3.9 million barrels of US crude while Bharat Petroleum and Hindustan Petroleum have ordered 2.95 …

The Edge Markets MYUS coalition slashes ISIS oil revenue by more than 90%USA TODAYWASHINGTON — The U.S.-led coalition battling the Islamic State has slashed the militant group's oil revenues by more than 90% over the past two years, all but cutting off …

Business TodayIndia to receive first shipment of US crude oil tomorrowBusiness TodayIndia will tomorrow receive its first ever shipment of US crude oil when a very large crude carrier (VLCC) docks at Paradip port in Odisha. Indian Oil Corp (IOC) in early J …

The New Indian ExpressChina deepens oil ties with Russia in $9b Rosneft dealgulfnews.comMoscow: A closely-held Chinese oil company agreed to buy a minority stake in Rosneft PJSC for about $9 billion, deepening energy and political ties with Russia amid inc …

Egypt IndependentOver 400 meter oil spill in HurghadaEgypt IndependentDirector of Red Sea Protected Areas Directorate, Ahmed Ghallab said Saturday that an oil spill occurred in the Abu Galawa area north of Hurghada. The spill was reported by diving trips o …

Economic TimesOil marketing companies to install new device to check refill of fuel/gas: Ram Vilas PaswanEconomic TimesNEW DELHI: To curb malpractices at petrol and gas stations, the government today said oil marketing companies (OMCs) have agreed to insta …