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OIL COMPANIES
Nifty Q1 earnings grow 11% to beat estimate, says Motilal Oswal; picks Bharti Airtel, SBI, ICICI Bank among top betsNifty companies have posted a stronger-than-expected start to Q1 earnings, with profits of 39 reporting constituents rising 11% YoY, beatin...
UAE to revamp crude pricing amid sharp market fluctuationsAbu Dhabi National Oil will alter its crude oil pricing methods starting November first. All Adnoc crudes will now use a regional Dubai ben...
Oil PSUs' June quarter losses miss govt's ₹75,000 crore estimate by wide marginState-run oil firms reported combined net losses of ₹18,149 crore in the June quarter. This figure was significantly lower than the governm...
The ethanol story is changing. Is investing in the ecosystem the better way? 15 stocks across different market cap segmentsThe ethanol story started simply enough: Cut India's dependence on imported crude oil. It would save foreign exchange. Give farmers a new a...
Indian Oil reassesses ₹33,000 crore Tamil Nadu refinery, eyes petrochemicals complexIndian Oil Corp is reassessing its Tamil Nadu refinery project due to economic viability concerns. The company is now exploring a standalon...
Indian Oil rules out shift from Gulf crude despite regional conflictIndian Oil Corp will continue using Gulf crude, it said citing freight advantages and refinery configurations. The company anticipates no i...
ONGC plans 150 deepwater wells under Rs 84,084-crore Samudra Manthan MissionONGC will drill 150 deepwater wells over seven years. The Samudra Manthan scheme aims to boost domestic oil and gas exploration. This initi...
Hormuz oil shuttling trade is picking up again after lullProducers are using their own vessels or fixed contracts to ensure oil delivery. This activity is crucial for global oil markets, which rel...
IOC slips into loss in Q1 on holding fuel prices despite rise in costIndian Oil Corporation reported losses for the June quarter that were lower than analysts expected. This was largely due to efficiency impr...
Indian Oil raises $500 mn under RBI's concessional forex swap window, eyes moreIndian Oil Corporation secured five hundred million dollars through a special Reserve Bank of India swap facility. This concessional forex ...
IndianOil set for board revamp as govt proposes four MD positionsThe government plans to restructure Indian Oil Corporation's board. Four managing director positions will replace the current structure. Fu...
Big bets, bigger risks: Why US oil majors are holding back in VenezuelaUS oil companies and Venezuela's government face stalled negotiations over key oil assets. Companies seek fiscal guarantees and access to a...
E20: No pressure on auto companies to hide fact, says govt"India's automobile manufacturers are independent listed companies with legal and regulatory obligations to their customers," the oil minis...
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...
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...
Kuwait's KPC signs $16 billion lease & leaseback deal with Blackstone, KKR, Brookfield for oil pipeline networkKuwait Petroleum Corporation has signed a significant $16 billion deal for its crude oil pipeline network. This landmark agreement involves...
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...