Biggest Indian Oil Producer Seeks to Diversify to Withstand Supply Glut
Tuesday, 25 March 2025 () Indian state-owned Oil and Natural Gas Corporation Limited (ONGC), the biggest oil and gas explorer and producer in the country, plans to diversify in refining, petrochemicals, LNG trading, and renewable energy as it expects lower oil prices amid a looming crude supply glut. “Globally, we are heading to a glut in oil supplies which means prices will reduce,” Arunangshu Sarkar, director for strategy at ONGC, told Bloomberg in an interview published on Tuesday. “It will be difficult for a company like ONGC to survive in a low oil-price…
Three years after President Putin's full-scale invasion of Ukraine, the UK has announced its largest sanctions package since 2022. Over 100 new sanctions directly target individuals, companies, and..
Tuesday, 25 March 2025 ()
![UK Hits Russia with 100+ New Sanctions on 3rd Anniversary of Ukraine Invasion, Targeting Putin [Video]](https://video.newsserve.net/300/v/20250225/1403464112-UK-Hits-Russia-with-100+-New-Sanctions-on.jpg)
