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OIL AND GAS RESERVES
Govt to bankroll half the cost of deepwater wells, but wants its money back from winnersThe Indian government is initiating the Samudra Manthan scheme to encourage deepwater exploration for hydrocarbons. This scheme will provid...- Sri Lanka seeks faster green energy shift after oil shocksSri Lanka is facing significant challenges in its transition to renewable energy due to rising oil prices. The government plans to increase...
- Fed expected to hold rates steady days ahead of US midtermsThe US Federal Reserve appears set to hold interest rates steady at its meeting next week, analysts say, despite stubbornly high inflation ...
- Fitch maintains Ukraine at 'CCC', expects war to extend into 2027Fitch Ratings has kept Ukraine's long-term foreign-currency rating at 'CCC', indicating significant credit risk amid the ongoing war. The a...
- Govt sets rules for Rs 84,084-cr offshore oil hunt, will share deepwater drilling riskThe Indian government will implement the Samudra Manthan scheme to encourage deepwater oil and gas exploration. Funding will cover part of ...
- Zetwerk Manufacturing shares list at 5% premium over IPO priceThe Rs 5,012.33 crore IPO comprises a fresh issue of shares worth Rs 2,830 crore and an offer for sale (OFS) of 14.45 crore shares worth ap...
- Asia’s resilience masks a growing jobs challenge as AI reshapes workThe Asia-Pacific region has shown resilience despite energy shocks and trade restrictions, with the IMF projecting 4.8% growth. While some ...
- Global Market: Euro falls as French political unrest, high energy prices weigh on sentimentThe euro weakened amid elevated energy prices and renewed French political uncertainty, while investors reassessed the outlook for US growt...
- Charting the global economy: Inflationary pressures mount in USA broad upswing in consumer prices last month helps reinforce expectations for additional Federal Reserve interest-rate increases in the mo...
- Alaska Senate race heats up as Sullivan, Peltola clash over Iran war, fuel costsAnchorage witnessed a heated debate among major U.S. Senate candidates, focusing on the Iran war and energy policy. Republican Senator Dan ...
- Oil Price Today (October 16): Crude oil dips to $105 as Trump mulls easing restrictions on sanction-facing nations. What’s next?Brent crude futures fell 41 cents, or 0.39%, to $105.51 a barrel, while US West Texas Intermediate crude futures declined 54 cents, or 0.55...
- US consumers are muscling through higher prices, but for how long?High gas prices are impacting inflation, leading to increased costs across various sectors and goods. Consumers are still maintaining spend...
- HD Fire Protect IPO Day 3: GMP at 33%, Day 2 subscription soars to 131 times; check key detailsHD Fire Protect's IPO has garnered significant interest, receiving bids significantly surpassing the available shares on offer. The grey ma...
- Essar Oil & Gas wins five CBM blocks across three states, adds 6.6 Tcf gas reservesEssar Oil & Gas has acquired five coal-blend methane blocks across West Bengal, Madhya Pradesh and Telangana. The company aims to enhance d...
- US CPI inflation rises as Iran war drives up fuel prices: How higher petrol and diesel costs could hit American householdsAmerican households are facing increased inflation and rising fuel prices just weeks before the midterm elections. Consumer prices rose une...
- US inflation worsened last month to 3.7% in sign that prices remain elevated as midterm elections nearU.S. inflation increased in September as consumers faced higher prices for essentials like gas and clothing. The consumer price index rose ...
- Donald Trump has ambitious oil drilling plans for Greenland: Why extraction could be delayed for decadesDonald Trump has announced intentions for large-scale oil and mineral exploration in Greenland, emphasizing its potential resources. The an...
- More expensive gas, semiconductors likely pushed up inflation in US last monthInflation in the United States is projected to increase to 3.6% in September from the previous month. This rise is attributed to factors su...
- Crude oil crisis in Hormuz: Much more than just price and quantityThe conflict in Iran has closed the Strait of Hormuz, severely impacting global oil shipments and market dynamics. While oil availability h...
- RBI to meet daily dollar needs of 3 state-run oil firms to ease rupee pressureThe Reserve Bank of India has stepped in to support three prominent oil firms: Indian Oil, Bharat Petroleum, and Hindustan Petroleum, as th...
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