Sunday, June 8, 2025
India loses giant gas field in Iran -oilandgas360 - credit aa.com

India loses giant gas field in Iran – even though 3 Indian companies discovered the field

AA Iran has booted out India from the development of Farzad-B gas field in the Persian Gulf, a highly-placed government source in Tehran told Anadolu Agency. The source said Iran decided to use local firms to develop the gas field after New Delhi failed to respond to “multiple ultimatums” issued by Iran over the years. “We gave them multiple ultimatums,

The GDP report next week will likely show record-breaking economic growth, but it may not help Trump- oil and gas 360

The GDP report next week will likely show record-breaking economic growth, but it may not help Trump

CNBC The economy regained nearly 4 million jobs during the quarter, and that was after 7.5 million in May and June. Housing sales and builder confidence has been remarkable, and shoppers easily outpaced expectations in September with retail sales rising 1.9%, nearly tripling the Wall Street estimate. Moreover, corporate executives remain confident. The Conference Board’s CEO Confidence index, a gauge that measures the

U.S. crude exports likely to be muted through 2020 as production slides- oil and gas 360

U.S. crude exports likely to be muted through 2020 as production slides

Reuters NEW YORK  – U.S. crude oil exports are expected to sputter through the end of 2020 due to weak production and unfavorable economics for foreign buyers of U.S. oil, traders and analysts said. U.S. oil demand is down about 13% from last year due to the coronavirus pandemic. Exports have become critical revenue sources for many oil companies, and