Policy● Neutral for Indian equities
Oil ministry plans centralised R&D mechanism to steer projects, funding in oil and gas sector
The brief
- The oil ministry plans a centralised R&D mechanism to coordinate oil and gas projects and funding
- A coordinated R&D framework could shape priorities for Indian oil and gas companies
- Fuel relief? India’s major crude supplier unexpectedly cuts oil prices to Asia
- ExxonMobil and Suncor ask US Supreme Court to block climate damages claims
- Deepwater gas ceiling rises to $9.89/MMBtu; APM gas cap set at $7
- Bulk diesel price up Rs 14.6/litre as crude surge squeezes oil cos' margins
- Diesel boom lifts Reliance and Nayara, leaves state-run OMCs bleeding