Author : EconomyWatch

As per latest reports on Iraq oil and gas industry Videsh Limited, which is international investment division of Oil and Natural Gas Corporation, biggest oil producer of India, would...

Oil exploration involves geological studies and technical examinations to detect the presence of crude oil. The exploration and extraction of oil is an expensive and high-risk operation and the...

Oil Refinery Industry holds immense importance for all the oil producing countries. If we focus on the global trend of this Oil Refinery Industry then we will see that...

In a new development in Libya oil and gas industry, Verenex Energy, a Canadian company and Woodside Petroleum, an Australian oil company, have made hydrocarbon discoveries in Ghadames Basin...

An Introduction to Oil Industry in India After the Indian Independence, the Oil Industry in India was a very small one in size and Oil was produced mainly from...

Oil drilling is a complex procedure of drilling and pumping out oil from reservoirs using drilling rigs. Oil drilling rigs are instruments that create underground hole/shafts. They are used...

The Oil Industry started off more than five thousand years back. Oil sipping up from the ground were used to make the boats waterproof in the Middle East and...

Oil futures are financial instruments that represent an agreement to buy or sell a specific amount of crude on a particular date at a specific price. Oil futures are...

Liquefied petroleum gas (LPG) is a combination of gases made of hydrogen and carbon atoms. The most common mix includes 60% propane and 40% butane, with small quantities of...

Economists analyze historical market situations and current trends to make oil price forecasts. These predictions give an insight into future oil market scenario and helps as a reference to...