News Desk

Reliance plans $13bn projects, refinery

India’s Reliance Industries Ltd plans to invest about $13 billion in energy projects, including a 400,000 barrels per day (bpd...

News Desk

Europe drafts energy plan for contingency

The European Union could ban gas exports and limit industrial use as part of emergency measures to protect household energy...

News Desk

Lukoil to cut spending

Lukoil, Russia’s second-largest oil producer, plans to cut its capital spending because of economic and political volatility, vice president Leonid Fedun said.Lukoil has...

News Desk

In brief

Lundin’s Luno II disappointsOSLO: Lundin Petroleum’s Luno II oil and gas discovery offshore Norway is smaller than expected and analysts said it may be too small to...