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Large deposits of potentially producible gas hydrate found in Indian Ocean

Large deposits of potentially producible gas hydrate found in Indian Ocean

A joint expedition by India and the US has made a large natural gas discovery in the Indian Ocean, opening up a new source to meet energy …

World Bank raises oil price forecast, but expects other commodities to be under pressure this year

World Bank raises oil price forecast, but expects other commodities to be under pressure this year

The World Bank has raised its 2016 forecast for crude oil prices to $43 per barrel from $41 per barrel due to supply outages and robust demand in the …

India urges states to drop local taxes as food prices rise

India urges states to drop local taxes as food prices rise

India’s federal government has urged states to remove all local taxes on essential food items and aggressively monitor prices ahead of the looming …

Global steel output unchanged in June but China raises production

Global steel output unchanged in June but China raises production

Global steel production in June was unchanged from the same month last year, but fell slightly in the first six months of this year against the same …

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