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OIL AND GAS
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%Market mood rarely turns all at once. It turns in stages. And India's mood might have just entered the first of them: Because of a commodit...- 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...
- In 2007, scientists found giant underwater domes off California; the truth was stranger than anyone expectedMysterious underwater domes off California were identified as ancient asphalt volcanoes. These formations originated from hardened crude oi...
- US energy cushion faces new stress test as Middle East risks rise againAs Middle East tensions rise, America’s energy market stability is put to the test. Record levels of electricity demand and heavy data-cent...
- Why the coming winter is going to be a long, cold one for EuropeEurope will face the next winter with alarmingly low energy supplies and heating oil inventories. Global markets for liquefied natural gas ...
- 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...
- Why US' Russia act need not worry IndiaThe proposed US Sanctioning Russia Act, which could impose tariffs on major buyers of Russian oil and gas, may have limited chances of beco...
- India to build Phase-II strategic oil reserves at Rs 14,527 cr under PPP modelIndia plans a second phase for its strategic petroleum reserves. This expansion will add 6.5 million tonnes of crude oil storage. Two new f...
- Vedanta Oil & Gas shares fall over 3% after firm discloses two legal matters involving ONGC, GoIVedanta Oil & Gas share slipped on Wednesday after the company disclosed two legal matters involving the Directorate General of Hydrocarbon...
- SC issues notice on Venugopal Dhoot's plea against order upholding separate insolvency for VIL, VOVLThe Supreme Court will hear Venugopal Dhoot's plea against an NCLAT order. This order upheld separate insolvency proceedings for two Videoc...
- UAE to invest $6.2 bn in Abu Dhabi gas projectAbu Dhabi's state oil company ADNOC will invest $6.2 billion in a new gas project. This offshore development is a joint venture with intern...
- Iran-US war impact: Gas, oil prices jump big again, check how latest escalation is burning a hole in common Americans' pockets. What to expect in coming daysUS Gas Price: Drivers in some states across the U.S have been paying well over USD 4 a gallon for a while now, while others pay less. Affor...
- Bonds unsettled as oil and gas climb, earnings loom for AIThat sent U.S. yields higher, with the benchmark 10-year Treasury yield at 4.55%, while yields on 30-year Treasuries are back above the ps...
- Bonds unsettled as oil and gas climb, earnings loom for AIEscalating Gulf conflict pushed oil prices above ninety dollars a barrel on Monday. Higher energy costs revived inflation worries and impac...
- 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...
- Pakistan to revise oil prices daily amid renewed West Asia tensionsPakistan fuel price: Pakistan will now adjust petroleum prices daily to manage oil price fluctuations. The government aims for greater tran...
- Vedanta, demerged Vedanta Aluminium, Vedanta Oil & Gas get rating upgrades from CRISILCRISIL has upgraded ratings for Vedanta Aluminium Metal and Vedanta Oil and Gas. These upgrades reflect stronger business and financial ris...
- US Senate bill seeks 100% tariffs on India, 4 other nations for buying Russian oilA bipartisan bill introduced in the US Senate proposes 100% tariffs on imports from the top five buyers of Russian oil or gas, including In...
- 'Region's oil and gas exports are either for everyone or for no one': IRGC warns after claiming strikes on US 5th fleet base in BahrainIran's IRGC warned of targeting oil routes for US allies after striking a naval base. The force claimed destruction of command centers and ...
- Vedanta charts $5 billion oil & gas push, targets sharp capacity expansion across businessesVedanta plans to significantly increase zinc and lead production capacity by 2031. Aluminium production capacity will double over the next ...
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