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National Iranian Oil Co

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The Saudis, the Iranians and us

Further deterioration of the US-Saudi relationship will have geo-economic and geopolitical effects, says Nitin Pai. West Asia and North Africa are in the throes of a historic geopolitical shift. It......

Iran port may give wings to India's ambitions in S Asia

Developing the Chabahar port in Iran addresses India’s geopolitical as well as economic challenges, says Jyoti Malhotra Last month, the Indian leadership woke from its ten-year slumber,......

Krishna arrives in Washington for strategic dialogue visit

External Affairs Minister S M Krishna arrived in Washington to hold the third India-United States Strategic Dialogue with Secretary of State Hillary Clinton during which the two leaders are......

'Nothing can be taken for granted in Indo-US ties'

California Congressman Ed Royce, ranking Republican on the House Foreign Affairs Committee and senior member of the Subcommittee on Terrorism and Nonproliferation, is disappointed that remaining......

'Singh-Obama summit was a bit disappointing'

American Congressman Ed Royce, a ranking Republican on the House Foreign Affairs Committee, and the senior-most minority member on the Subcommittee on Terrorism and Nonproliferation, who was part......

Budget exempts Iranian oil payments from Income Tax

Clearing the way for oil refiners to pay Iran in Indian rupee, the Union Budget has exempted the payments made for crude oil purchased from the Persian Gulf nation, from any local tax. Iran had in......

Iran payment row: Govt sure about finding solution

More than six months after a Reserve Bank of India order threw out a mechanism to pay for Iranian oil, Oil Minister S Jaipal Reddy on Tuesday said India is trying to ensure uninterrupted supplies......

India to pay for Iran oil in rupees

With the UAE refusing to route its payments for Iranian crude oil, India has decided to pay its second-largest oil supplier in rupee."Finance Ministry is preparing a note for the Cabinet for......

'Oil supply not hurt by payments issue'

Essar Oil, the nation's second biggest importer of Iranian crude oil, said supplies from the Persian Gulf country have not been affected after the RBI clamped down on the main conduit Indian......

OVL may get 20% stake in 2 Iranian oil fields

India's flagship overseas firm ONGC Videsh Ltd is likely to get a 20 per cent stake in the Khusk and Hosseineieh oil fields in Iran on nomination basis.Sources in the ministry of petroleum and......

  People speak for national iranian oil co

  • QNA
Avantika
Q. Russia is moving into Ukraine and in control in some part of that country. What is India doing about it?
Avantika:  A.  more

http://qna.rediff.com/questions-and-answers/russia-is-moving-into-ukraine-and-in-control-in-some-part-of/27168018/answers/

Joseph Chacko
Q. Iran threatens to close Strait of Hormuz, the entry point to the Gulf, if sanctions are imposed on their country that can block Iranian oil exports. But U.S warns Iran that it would provoke them to take a possible Military action, if the strait is closed..... News.Suppose if a war (Gulf or World War) breaks out, what are the consequences going to be happened / affected in the World, particularly in India?..... Your views pls !
Joseph Chacko:  A. Well it depends if it is before or after the get nuclear arms.', If it's before then lets have this scenario- Iranian attack on Israel. India soon...... more

http://qna.rediff.com/questions-and-answers/iran-threatens-to-close-strait-of-hormuz-the-entry-point-to-/21839959/answers/27168023

Joseph Chacko
Q. how persia bcame iran
Joseph Chacko:  A. In 1935 the Iranian government requested those countries which it had diplomatic relations with, to call Persia "Iran," which is the name...... more

http://qna.rediff.com/questions-and-answers/how-persia-bcame-iran/21839959/answers/16025429

seema arora
Q. The government is believed to be considering decontrolling petrol prices, a move that may see rates being hiked by Rs 16-17 a litre. The oil ministry had also asked for lowering of excise duty on the two fuels but Finance Ministry is not obliging. With the prices of petrol fast reaching unaffordable levels, the finance ministry is still hellbent on keeping the duties unchanged. The duties are still in percentage term, with every price rise the govt gets more money. Is it a democratic govt working for the people or a corporate body obsessed with maximising the gains.How can any government that
Seema Arora:  A. Well, I am 100% left, but my fellow countrymen, for whatever reasons, seemed to somehow get convinced by this so called "liberalization...... more

http://qna.rediff.com/questions-and-answers/the-government-is-believed-to-be-considering-decontrolling-p/16024366/answers/8963576

anand  sakthivel
Q. Crude Oil price is US$ 115 a barrel now. Iranian President says Crude Oil is still cheep. Is it any indication that the OPEC nations will continue to black mail the world using Oil as the trump card. Rising Oil prices will make the OPEC nations richer and richer at the expense of developing countries. Is it not possible for Oil consumers to counter this dirty game of OPEC? We have been hearing reports that conversion of Coal into Crude will soon become a reality. Using this method Oil can be produced at cost of less than US$ 60. It is time our government gives concessions to companies that ar
Anand Sakthivel:  A. The best bet is to develop alternative technologies and move away from oil. Good for the world and for the environment as well. more

http://qna.rediff.com/questions-and-answers/crude-oil-price-is-us-115-a-barrel-now.-iranian-president-sa/8959985/answers/8094942

  Web results for National Iranian Oil Co
DEFENCE PROJECTS GET A BIG BOOST

The new central government has kept up with its commitment of giving a positive boost to the defence sector and has cleared defence projects... ...

http://www.ipanewspack.com/defence/defence-projects-get-a-big-boost/
TATA-AIRBUS TO BID FOR IAF AIRCRAFT DEAL, 40 TO BE MADE IN INDIA

Mumbai: In the first big boost to the government's Make in India initiative, aimed at making India a manufacturing hub, Airbus Defence and Space... ...

http://www.ipanewspack.com/defence/tata-airbus-to-bid-for-iaf-aircraft-deal-40-to-be-made-in-india/
WTI crude oil futures fall as supplies seen rising; Brent slips

Brent for December settlement decreased 49 cents to $85.34 a barrel on the London-based ICE Futures Europe exchange. Photo: Bloomberg New York:... ...

http://www.livemint.com/Money/ZtdG5Ep1ZddzVt3F4hq3BN/WTI-crude-oil-futures-fall-as-supplies-seen-rising-Brent-sl.html
SMC

OPEC is unlikely to reduce its production target when it meets next month, said Mohsen Qamsari, a director for international affairs at National... ...

http://www.commodityonline.com/futures-trading/market-report/MCX-Crude-Oil-may-trade-4920-5000-range-Natural-Gas-216-225:-SMC-36220.html
Blind-sided by Technology

"The price of oil will hit its floor and it will rise again," President Nicolas Maduro assured Venezuelans, whose shaky economy depends critically... ...

http://www.kashmirtimes.com/newsdet.aspx?q=37823

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