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Yellen says strong demand from Americans to boost cost of clean energy tax credits

By David Lawder BOSTON (Reuters) -U.S. Treasury Secretary Janet Yellen said on Wednesday that Inflation Reduction Act tax credits will cost more than initially estimated, citing strong demand for clean.

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Oil, gas lobby group warns against US slowing LNG approvals

By Laura Sanicola and Timothy Gardner WASHINGTON (Reuters) -The head of the largest U.S. oil and gas lobby group on Wednesday said that if regulators slow down or stop approving.

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Iran seizes oil tanker involved in U.S.-Iran dispute in Gulf of Oman – state media

By Jana Choukeir and Ahmed Elimam DUBAI (Reuters) -Iran seized a tanker with Iraqi crude destined for Turkey on Thursday in retaliation for the confiscation last year of the same.

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US seeks to jump-start production of higher-energy uranium now made in Russia

By Timothy Gardner WASHINGTON (Reuters) -The U.S. is seeking bids from contractors to help establish a domestic supply of a uranium fuel enriched to higher levels for use in a.

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ONGC seeks premium over govt price for coal seam gas

ONGC has sought bids from users for sale of 0.05 million standard cubic metres per day of gas from the North Karanpura coal-bed methane (CBM) block for three years. State-owned.

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Oil extends gains on Middle East supply worries

Brent crude rose 38 cents, or 0.5%, to $78.63 a barrel by 0440 GMT, while U.S. West Texas Intermediate crude futures rose 52 cents, or 0.7%, to $73.22. Oil prices.

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India’s wheat output may touch new record of 114 million tonnes in 2023-24

The last leg of sowing of wheat, the main rabi (winter) crop, is underway and will continue till next week. Wheat production is expected to touch a new record of.

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Year ahead: Oil markets may remain volatile in 2024 also

OMCs seen making healthy profits if crude hovers around $85/barrel, and doesn’t flare up The global oil markets in 2023 were impacted by geopolitical tensions, sluggish demand from the world’s.

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Oil steady as market monitors Red Sea developments

By Andrew Hayley and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices were little changed on Wednesday as investors monitored Red Sea developments, with some major shippers resuming passage through the area.

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Fuel price cuts may be moderate, impact on OMC margins minimal

Earlier, a business magazine reported that fuel prices, which are deregulated, may be cut in the range of Rs 4-6 per litre, and a proposal under consideration involves government and.

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