Drill, Baby, Drill: India to fund Rs 650 cr per well for 60 deepsea wells to break its oil import habitIndia's government will fund offshore oil and gas exploration directly from its national budget. The "Samudra Manthan" scheme allocates sig...
02 Aug, 2026, 03.08 PM IST
OPEC+ tipped to raise oil output as Middle East war disrupts suppliesOPEC+ members are expected to increase oil production quotas for September. This move follows several months of similar production adjustme...
02 Aug, 2026, 08.11 AM IST
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...
01 Aug, 2026, 01.29 PM IST
A deep dive with Rs 84,084 crore scheme for offshore oil and gas explorationThe Cabinet approved an ₹84,084-crore scheme for offshore oil and gas exploration. This National Offshore Exploration Scheme, Samudra Manth...
01 Aug, 2026, 01.27 AM IST
India doubles down on strategic manufacturing--from semiconductors to hydrogen trains: Finmin ReportIndia is accelerating a broad-based industrial strategy that spans semiconductors, electronics, commercial space, green mobility, rare eart...
31 Jul, 2026, 10.31 AM IST
Hyundai India Q1 profit misses estimates, drops 35% on disruptionsHyundai Motor India reported a 35% decline in Q1 net profit, missing estimates as production disruptions and weaker Middle East exports hur...
30 Jul, 2026, 06.21 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
Union Civil Aviation Minister Ram Mohan Naidu reviews India's preparedness for SAF and CORSIA implementationIndia's Civil Aviation Ministry reviewed Sustainable Aviation Fuel adoption and CORSIA compliance. The meeting focused on SAF production, c...
30 Jul, 2026, 10.56 AM IST
America is making the most fuel since pre-covid. It’s not enoughAmerican refineries are processing crude oil at their highest rates since before the pandemic. Global fuel supplies remain critically low d...
30 Jul, 2026, 09.49 AM IST
PNGRB plans to open city gas for external investorsThe PNGRB plans to allow third-party capital investment in city gas distribution areas. This move aims to expand natural gas reach and prom...
30 Jul, 2026, 01.19 AM IST
Eicher Motors Q1 Results: Profit jumps 21% to Rs 1,462 croreEicher Motors has announced an impressive 21.4 percent rise in profits for the first quarter. Royal Enfield has set a new benchmark with it...
29 Jul, 2026, 07.44 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
Ethanol should be a cheaper fuel. So why isn't E20 priced lower than pure petrol? Here's what the government saysIndia's ethanol production capacity now supports future growth and higher blending targets. Ethanol blending is not necessarily cheaper tha...
27 Jul, 2026, 08.27 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
Domino effect: Gandhar Oil’s 20% upper circuit spurs rally in Savita Oil and Panama Petro. Here’s whyGandhar Oil Refinery hit the 20% upper circuit after reporting a 689% year-on-year jump in Q1 net profit, triggering a rally in peers Savit...
23 Jul, 2026, 12.58 PM IST
Godrej Agro to expand oil palm area to 1.4 lakh hectares, bets on rising demandEdible oil prices are expected to stay elevated for several months ahead. Geopolitical tensions and El Nino threats are tightening global s...
21 Jul, 2026, 12.37 AM IST
India’s edible oil industry flags 17-fold surge in Nepal imports, seeks policy reviewIn a pressing appeal, the Indian Vegetable Oil Producers' Association urges a swift revision of India's edible oil import regulations. Rece...
20 Jul, 2026, 02.35 PM IST