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, 07.24 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
Global Market: BoE outlines inflation, growth paths under three economic scenarios after holding ratesThe Bank of England kept its benchmark interest rate unchanged at 3.75% and outlined three economic scenarios for the UK, with its central ...
31 Jul, 2026, 10.14 AM IST
US and Iran trade missile barrages as hopes dim for a quick resolution to the five-month conflictThe United States and Iran exchanged missile strikes, escalating regional conflict. Jordan and Kuwait reported intercepting Iranian missile...
30 Jul, 2026, 09.50 PM IST
Shell's Q2 profit more than doubles to $9.8 billion, beats estimatesShell reported a significant profit increase in the second quarter, reaching $9.84 billion. Higher energy prices and market volatility cont...
30 Jul, 2026, 02.31 PM IST
QatarEnergy-controlled LNG tanker exits Hormuz, first in nearly three weeksA QatarEnergy LNG tanker exited the Strait of Hormuz, the first since July 11. Ship transits through the Hormuz waterway increased on Wedne...
30 Jul, 2026, 09.13 AM IST
US senators announce deal on new Russia, Iran Sanctions BillSenators reached a deal on legislation empowering the president to restrict Russian and Iranian energy buyers. This measure allows tariffs ...
30 Jul, 2026, 07.09 AM IST
100% tariff threat for India and others: US Senate advances Russia sanctions billThe US Senate overwhelmingly advanced a bipartisan sanctions bill targeting Russian energy buyers. This legislation grants President Trump ...
29 Jul, 2026, 09.00 PM IST
ONGC approves guarantee to MRPL to import crude oil from Saudi AramcoONGC approved a $500 million parent company guarantee for its subsidiary MRPL. This guarantee facilitates crude oil imports from Saudi Aram...
28 Jul, 2026, 06.09 PM IST
Over 2,000 years ago, ancient Chinese miners invented deep percussion drilling to extract salt, creating downhole engineering innovations that modern energy industries still depend on todayOver 2,000 years ago, ancient Chinese miners faced a crisis. They desperately needed salt to preserve food. But rich brine sat hundreds of ...
27 Jul, 2026, 06.09 PM 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
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...
27 Jul, 2026, 12.48 PM 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
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...
23 Jul, 2026, 05.21 PM IST
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...
22 Jul, 2026, 10.18 AM IST
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...
21 Jul, 2026, 11.13 AM 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