Shell sees heavy writedowns in Q2 due to shelved biofuel project, ET EnergyWorld

[ad_1] London: British oil giant Shell said Friday that it plans writedowns of up to $2…

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India’s May fuel use inches up on month on strong industrial activity, ET EnergyWorld

[ad_1] Total consumption totalled 20.49 million metric tons (4.84 million barrels per day) in May, slightly…

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Bear market for diesel spells fresh troubles for oil, ET EnergyWorld

[ad_1] LONDON/SINGAPORE/NEW YORK: Profit margins for diesel are slumping as new refineries boost supplies and as…

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India’s April fuel demand edges up 6.1% year-on-year, ET EnergyWorld

[ad_1] India‘s fuel consumption rose by 6.1% year-on-year in April, data from the Petroleum Planning and…

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