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OIL STORAGE
US stocks: Dow closes at record high on Iran talks optimismUS stocks opened August with strong gains, pushing the Dow Industrials to a record closing high. Easing oil prices and Treasury yields supp...- ONGC to reserve half of new oil storage for strategic reservesIndia's Oil and Natural Gas Corp will reserve half of its planned oil storage. This new facility will meet the country's strategic petroleu...
- GRSE bags Rs 1,032 crore contract from ONGC to build four offshore support vesselsGarden Reach Shipbuilders secured a significant Rs 1,032 crore contract from ONGC. This agreement involves the construction of four advance...
- Iran war ushers in oil refining golden era. It won't lastWar-driven supply disruptions have turned oil refining into Big Oil's biggest profit engine, but Reuters columnist Ron Bousso says the wind...
- 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...
- Cabinet approves PM-Surya Sarovar Yojana, extends PM-Kisan for 5 years, clears revamped Khelo India scheme worth Rs 36,441 croreThe Union Cabinet approved three significant schemes on Thursday. One scheme aims to expand India's floating solar capacity significantly. ...
- Iran claims to destroy drone hangars, fuel depot at US base in KuwaitUS Iran war: IRGC reported destroying US drone hangars and a fuel facility in Kuwait. The IRGC also claimed a missile strike on Jordan's al...
- Oil Price Today (July 31): Crude oil extends fall to $88. What’s behind the decline amid Iran war?Saudi Arabia is seeking to spearhead a coalition to enhance defense cooperation in the Bab El-Mandeb Strait, the Red Sea and the Gulf of Ad...
- 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...
- Pakistan 'doing its utmost' to bring US and Iran back to negotiating table: Foreign OfficePakistan is actively working to bring the US and Iran back to the negotiating table. The nation supports dialogue and diplomacy as the only...
- In 1882, an American woman inventor came up with a design which helped in saving numerous lives and laying the foundation for modern life rafts: How Maria E. Beasley changed the future?In 1882, an American woman inventor, Maria E. Beasley, received a patent for a life raft with collapsible metal floats, airtight containers...
- US Iran war: Trump resumes air strikes following missile attack on American base in JordanUS Iran war news: The United States resumed air strikes inside Iran following a ballistic missile attack on a Jordan base. Iran's attempted...
- 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...
- Shocking Discovery: 300 WWII bombs found at former Athens airport site during massive redevelopmentNearly 300 World War II bombs and hazardous materials were found during soil cleanup. Oily waste from decades of airport operations also re...
- India's energy security at risk from Hormuz-Red Sea double squeeze, says CareEdge RatingsIndia faces significant energy security risks from chokepoint disruptions. A dual closure could push Brent crude prices to $130-135 per bar...
- Cockroaches, flies found at Mumbai's iconic clubs; Cricket Club of India, MIG, Willingdon & Juhu Gymkhana lose food licencesMumbai's top clubs faced license suspensions due to severe food safety issues. Inspectors found pest infestations and mouldy food items in ...
- 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...
- 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 ...
- 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...
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