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Aramcos planned USD 69.1 billion acquisition of a 70 per cent stake in petrochemicals firm Saudi Basic Industries Corp (SABIC) from the Saudi sovereign wealth fund.

'Risk of terrorist attacks...': Saudi Aramco prospectus flags risks,...

Sources have said the company could sell 1 per cent-2 per cent on the Saudi stock market in what could be the world's...

10 Nov 2019 6:57 AM

Tehran and Delhi have agreed to accelerate the development of an important Iranian port, Foreign Minister Subrahmanyam Jaishankar said during a visit to the sanctions-hit Islamic republic on Monday. (Photo: Twitter)

India, Iran agree to speed up of Chabahar port project

Chabahar port -- being jointly developed by India, Iran and Afghanistan -- is on Indian Ocean about 100 kilometres west...

27 Dec 2019 3:53 AM

Indian purchases of Iranian crude increased from 12.7 million tonnes in 2015-16 to 27.2 mt the next fiscal. Today, Iran is Indias third largest oil supplier after Iraq and Saudi Arabia. (Representational Image | AP)

Iran says despite US sanctions, it has found new 'potential' oil...

Washington seeks to bring Iranian oil exports to zero in order to curb Tehran's missile and nuclear programs.

5 Jan 2019 9:31 AM

3 fishermen dead, 1 missing after Amber, a Panama-based ship hit a fishing boat 12 nautical miles from Kochi. (Photo: ANI | Twitter)

Tamil Nadu seeks Centre's intervention for release of 3 fishermen...

'I request Indian embassies in Iran and Saudi Arabia to ensure immediate release and repatriation of Indian fishermen,'...

26 Feb 2019 11:27 AM

PDS sugar rate for select groups is also hiked from Rs 15 per kg to Rs 20.

Iran buys Indian raw sugar for the first time in five-years: sources

Iran is buying the sugar from India to use up the rupees it has received for oil sales to India.

26 Feb 2019 7:31 AM

Twitter further stressed that the majority of dubious accounts were proactively suspended in advance of Election Day. (Photo: ANI)

Twitter suspended over 2000 accounts over election interference

Some of the accounts claimed to be news outlets and discussed social and political issues.

3 Feb 2019 6:33 AM

Researchers found that participants who compared themselves to others on Facebook had greater awareness of physical ailments. (Photo: ANI)

Facebook removes more accounts

These accounts targeted people across the world.

1 Feb 2019 7:03 AM

We expect the global leaders will understand our requirements, Petroleum Minister Dharmendra Pradhan said.(Photo: File | PTI)

Oil prices firm as supply deficit emerges amid disruptions

OPEC+ will meet in Baku, Azerbaijan, over the weekend to review its output policy, although most expect the cuts to...

15 March 2019 5:19 AM

Vincent Campos, a spokesman at the US State Departments energy bureau said talks are ongoing with the eight consumers of Irans oil that received waivers in November with the aim of eventually cutting imports to zero. (Representational image)

India wants to keep Iran oil purchases at 3 lakh barrels per day:...

Iran was India's seventh biggest oil supplier in January, as compared to third-biggest a year ago.

8 March 2019 8:28 AM

In May 2016, India, Iran and Afghanistan had inked a pact which entailed the establishment of Transit and Transport Corridor among the three countries using Chabahar Port as one of the regional hubs for sea transportation in Iran. (Photo: File | AP)

Chabahar Project an exception, US sanctions won't impact it

The port, accessible from India's western coast, is seen as a counter to Pakistan's Gwadar Port being developed by...

24 April 2019 8:06 AM

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Indian refiners turn to OPEC, Mexico, US to make up Iran oil gap

Refiners have not yet placed orders for Iranian oil for May, when current waiver expires, pending clarity from US.

17 April 2019 11:25 AM

The tiny satellites are called CubeSats , and will collect data on phenomena such as radiation belts or on autonomous movement in space for a group of universities and the US National Aeronautics and Space Administration (NASA).

Iran plans 3 satellite launches despite US pressure

The United States fears long-range ballistic technology used to put satellites into orbit could also be used to launch...

10 April 2019 6:52 AM