Union Cabinet approves Samudra Manthan scheme, Rs 84,084 crore push for deepwater oil and gas explorationThe Union Cabinet has approved the Samudra Manthan mission with a financial outlay of Rs 84,084 crore, aimed at boosting deepwater and ultr...
31 Jul, 2026, 04.22 PM IST
L&T Energy Hydrocarbon Onshore secures partnership with Petroleum Development OmanL&T Energy Hydrocarbon Onshore has secured a significant six-year framework agreement. This partnership is with Oman's leading oil and gas ...
31 Jul, 2026, 12.10 PM IST
Vedanta Oil & Gas shares dip 4% despite becoming profitable in Q1Vedanta Oil & Gas shares fell despite the company reporting a sharp turnaround in Q1 FY27, posting a consolidated net profit of Rs 945 cror...
30 Jul, 2026, 09.45 AM IST
India seeks sunflower oil alternatives on Black Sea disruptionsIndia is rushing to secure alternative edible oil supplies as Black Sea attacks disrupt sunflower oil shipments from Russia and Ukraine, ca...
30 Jul, 2026, 08.53 AM IST
Discounts narrow on Russian Urals crude in IndiaDiscounts on Russian Urals crude oil delivered to India have dropped significantly this week. Stronger demand from Indian refiners is linke...
30 Jul, 2026, 12.58 AM IST
India's energy security at risk from Hormuz-Red Sea double squeeze, says CareEdge RatingsIndia faces significant energy security risks from chokepoint disruptions. A dual closure could push Brent crude prices to $130-135 per bar...
29 Jul, 2026, 06.32 PM IST
Vedanta Oil & Gas Q1 Results: Co swings to black with Rs 945 crore profit, revenue up 9% YoYVedanta Oil & Gas posted a Rs 945 crore net profit for Q1 FY27. This marks a significant turnaround from the previous year's net loss. The ...
29 Jul, 2026, 04.37 PM IST
New Zealand grants first offshore petroleum permit since reversing exploration banNew Zealand's government has issued its first offshore petroleum exploration permit. This action follows the reversal of a ban previously i...
29 Jul, 2026, 11.36 AM IST
Kazakhstan eyes stronger trade ties with West BengalKazakhstan's ambassador expressed keen interest in expanding business engagement with West Bengal. The nation views West Bengal as a crucia...
29 Jul, 2026, 10.44 AM IST
Govt plans Rs 80,000 crore package to attract deepwater oil explorersIndia plans an Rs 80,000-crore incentive package for deepwater oil exploration. The government will fund up to half the cost of drilling ex...
28 Jul, 2026, 05.30 AM IST
MRPL seeks crude via tender avoiding Red Sea and Hormuz, document showsMangalore Refinery and Petrochemicals Ltd is seeking oil imports via a spot tender. The company has asked suppliers to avoid the Red Sea an...
27 Jul, 2026, 02.45 PM IST
Red Sea shipping slows after Houthi attack on Saudi Arabia, data showsShip traffic through Bab el-Mandeb decreased Sunday after Houthi attacks on Saudi oil sites. Fewer than ten commodity vessels passed throug...
27 Jul, 2026, 10.27 AM IST
Stocks in news: IDFC Bank, Maruti Suzuki, ONGC, BoB, Adani EnergyIn today's trade, shares of IDFC Bank, Maruti Suzuki, ONGC, BoB, Adani Energy among others will be in focus due to various news development...
27 Jul, 2026, 07.00 AM IST
Red Sea shipping slumps after Houthi strikes on Saudi Arabia energy infrastructureShip traffic through Bab el-Mandeb declined significantly on Sunday. This occurred after Yemeni Houthis attacked Saudi oil installations al...
27 Jul, 2026, 06.24 AM IST
ONGC starts drilling first deepwater well in Mahanadi basin under Samudra Manthan missionONGC began drilling its first deepwater exploratory well in the Mahanadi offshore basin. This ambitious campaign aims to tap India's vast h...
25 Jul, 2026, 04.17 PM IST
Gulf states seen splurging on debt to build new Hormuz bypassesPersian Gulf nations are preparing to raise more debt to fund ports, pipelines and transport links that reduce reliance on the Strait of Ho...
24 Jul, 2026, 04.09 PM IST
Reliance-BP’s KG-D6 gas output falls 7% in June quarter as natural decline continuesNatural gas output from the KG-D6 fields operated by Reliance and BP has seen a year-on-year decline of approximately seven percent, with t...
19 Jul, 2026, 10.41 AM IST