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India is set to rewrite its oil destiny, moving from risk to leverageIn a landmark agreement, India is teaming up with the UAE to significantly increase its oil reserves, transitioning into a strategic player...
HPCL to buy $3 billion worth of LNG from UAE’s ADNOC Gas under 10-year pactHindustan Petroleum Corporation Ltd has just announced an impressive USD 3 billion agreement with Abu Dhabi National Oil Company Gas, marki...
French firm signs 2nd LNG supply deal with Indian co, to sell 400,000 tonnes to GSPCTotalEnergies has signed a 10-year deal to supply 400,000 tonnes of LNG annually to Gujarat State Petroleum Corporation starting in 2026. T...
Masdar, Gentari, others eye majority stake in Ayana Renewable PowerThe majority stake sale will value Ayana's equity at $1 billion, with an enterprise value - inclusive of debt in the capital structure - ar...
Jamnagar soars to global limelight: Ambani's grand event draws praise, pride from localsJamnagar is preparing for the high-profile pre-wedding celebrations of Anant Ambani and Radhika Merchant, which has gained global attention...
Most Gulf markets fall as Israel-Palestinian conflict ragesIsrael said its troops backed by helicopters had also killed a number of armed infiltrators entering the country from Lebanon, further rais...
Rajeev Misra’s $7 billion fund eyes more India play; SRK may say bye to Byju’sIt's been exactly a year since Rajeev Misra stepped back as the top boss of Japanese multi-billion dollar conglomerate SoftBank’s tech-focu...
Ambani vs Adani at 5G auction but no direct market clash yetOn Saturday, Adani group confirmed plans to participate in the July 26 5G spectrum auction but said the airwaves it was seeking was to set ...
The Mukesh Ambani-Gautam Adani rivalry is about to get intenseIn the latest sign of their coalescing orbits, the Adani Group has discussed the idea of buying a stake in Saudi Aramco from the oil-rich k...
ADNOC Drilling starts trading with $10 billion market capThe IPO is the latest move by Gulf oil giants ADNOC and Saudi Aramco to raise cash from outside investors as they try to diversify sources ...
India to see $66 billion investment in gas infrastructureElaborating on India's energy strategy going forward, Dharmendra Pradhan said apart from achieving the renewable energy target of 450 gigaw...
Buyout fund Apollo Global joins race for BPCLSubmits EoI; to partner with global oil major to create consortium within 45 days of submission of offer
Vedanta bids for BPCL; major foreign player too in raceA special purpose vehicle floated by the BSE-listed Vedanta Ltd and its London-based parent Vedanta Resources submitted an EoI before the c...
Italy's Snam eyes investments in Indian gas pipelinesSnam didn’t comment on whether it was considering investing in Indian gas pipelines.
Govt will get more if BPCL’s 7 components are separately valued: Deven Choksey‘Individual companies could possibly come and buy out each one of the BPCL verticals and that is where better monetisation can happen.’
Russia's Rosneft keen to bid for BPCLRussia's largest oil producer Rosneft is keen to bid for acquisition of BPCL, sources said.
Adani partners UAE's Adnoc, Germany's BASF for $4 billion chemical ventureThe total investment for establishment of the chemical complex in Gujarat's Mundra is estimated to be up to $4 billion (about Rs 28,400 cro...
India to see $118 bn investment in oil, gas sector in next few years: PradhanSpeaking at the India Energy Forum of CERAWeek conference here, oil minister Dharmendra Pradhan said India's energy transition level is in ...
Saudi Arabia commits to meeting India's oil demand; keen to invest in downstreamSaudi committed to meet any shortfall in India that may arise due to Iran sanctions, its energy minister said.
Abu Dhabi National Oil Company to make foray into lubricant business in IndiaTo begin with, ADNOC is targeting the premium segment in the motorcycles and passenger cars and the three-wheelers.