US supporting efforts to revive Iraq-Syria crude oil pipeline, US official saysThe United States backs Iraq and Syria's pipeline revival efforts. This project aims to bypass the Strait of Hormuz for oil transport. Amer...
US futures tumble as Trump says Iran deal is 'over'; oil climbsOn Wednesday morning, U.S. stock futures took a significant hit as President Donald Trump declared the memorandum of understanding with Ira...
Indian Oil, HPCL buy 7 million barrels of crude via tenders, trade sources sayIndian refiners Indian Oil Corp and Hindustan Petroleum Corp have collectively secured approximately 7 million barrels of crude oil through...
Iraq approves preliminary agreements to study strategic oil export pipeline projectsIraq's cabinet has greenlit preliminary deals for strategic oil export pipeline studies. A consortium featuring US firms Capital TI and Che...
US oil companies see big jump in profitUS oil giants are poised for record profits, potentially sparking a showdown with President Trump over high gasoline prices. Despite fallin...
Meta, Microsoft lead $850 billion boom in data center leasesTech giants Meta and Microsoft are pouring billions into future data center leases, pushing industry-wide commitments past $850 billion. Me...
ONGC in talks to acquire PDVSA stakes in two Venezuela oilfieldsIndia's ONGC is in talks with Venezuela's PDVSA to acquire stakes in two oilfields, San Cristobal and Carabobo. This move hinges on ONGC se...
Chevron signs pact with Microsoft for powering its Texas data centreChevron and Microsoft have partnered for a 20-year deal to power a Texas data center. The Kilby facility will supply 2.67 gigawatts using G...
US Stock Market: Energy stocks slide as oil prices tumble on US-Iran peace breakthroughUS energy stocks tumbled Monday as crude oil prices plunged following a breakthrough US-Iran agreement to end hostilities and stabilize glo...
US stocks: Dow hits record high on Iran deal optimism, lower oil pricesMajor Wall Street indexes surged at the open on Monday following a preliminary agreement between Washington and Tehran to resolve the Middl...
Texas emerges as US' new economic powerhouse amid California exodusHouston, Texas is leading corporate headquarters relocations, attracting 192 companies since 2018. Businesses are leaving California due to...
Quarter of big oil tankers trapped by Iran war have escapedTwenty-nine of 109 vessels capable of hauling 700,000 barrels or more have crossed the Strait of Hormuz, with many switching off navigation...
Strait of Hormuz ship transits are rising thanks to help from USShipowners are showing increased optimism for traffic through the Strait of Hormuz, with US forces providing navigational advice to vessels...
Why Indian investors are looking at space economy ETFs ahead of SpaceX IPO: Subho Moulik of Appreciate decodesIndian investors are eyeing the global space economy ahead of the SpaceX IPO. With no pure-play listed space companies in India, global ETF...
US stocks today: Dow hits first intraday record high since FebruaryThe Dow Jones Industrial Average reached a new intraday record high on Friday. This milestone follows optimism over potential peace talks t...
Chevron's Caltex Lubes returns to India after 12 years; HPCL to market itChevron Corporation is re-entering the Indian lubricants market after a 12-year absence through a partnership with state-run Hindustan Petr...
Chevron's game-changing $53 billion deal with Hess Corp: A bold step into Guyana's oil boomChevron Corp has announced a $53 billion all-stock deal to acquire its smaller rival, Hess Corp, in a move that will reshape the energy lan...