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ENERGY HYDROCARBON DIVISION
L&T bags offshore development project order exceeding Rs 15,000 crore from Middle East clientLarsen & Toubro announced a significant order valued at over Rs 15,000 crore. This contract involves developing multiple offshore facilitie...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsThe next time uncertainty over the firing of missiles in the Gulf region makes you anxious, remember this: It is not the first time that gl...
L&T secures order from NTPC for 1,600 MW thermal power plant in ChhattisgarhL&T Energy CarbonLite Solutions received a Limited Notice to Proceed from NTPC. This contract is for the main plant package of the 2x800 MW...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsIn the stock market, everything has to be seen in context. Look at how the market was disappointed because crude oil prices inched up and c...
L&T Q2 Preview: PAT may rise 16% YoY on healthy order book, executionLarsen & Toubro (L&T) is expected to post strong Q2FY26 results, with consolidated revenue and profit likely to rise around 15–16% year-on-...
ADB approves $410 million for Pakistan copper-gold mineThe Asia Development Bank approved a $410 million package for developing Pakistan's Reko Diq copper and gold mine on Friday, as the country...
Higher order intake, improving margin may help L&T stock to reduce market under performanceL&T Stock Updates: A significant June quarter growth in Larsen and Toubro’s core order inflow, which excludes services and development busi...
L&T hits lifetime high on likely Aramco order winThe order win from Saudi Aramco is reportedly for the second expansion phase of its Jafurah unconventional gas production project, and will...
L&T wins large contract from Indian Oil CorporationIOCL is implementing the Panipat refinery expansion (P-25) project to enhance refining capacity from 15 MMTPA to 25 MMTPA (million metric t...
SC issues notices to Centre, ONGC on appeal of Vedanta Ltd relating to Barmer oil fieldVedanta Ltd has moved the top court against the March 26 judgement of a division bench of the Delhi High Court setting aside a single judge...
India’s Exemplary Green EnterpriseAmbani’s Reliance Industries is a major player in the hydrocarbon, or fossil fuel, segment. That this same company is committing to make gr...
Numaligarh Refinery deploys Hexagon solutions to digitally transform operationsHexagon solutions are used to create an accurate digital representation, or a “digital twin,” of the NRL refinery. The company stated this ...
Huge untapped potential to expand trade ties between India and Gulf region: MEA officialSecretary in the MEA Sanjay Bhattacharyya, in an address at a seminar, also said both sides can explore forging of partnerships to develop ...
L&T appoints Subramanian Sarma, two others as directors on boardSarma, who is currently the chief executive officer and managing director of the company’s hydrocarbon engineering arm will now also be res...
Oilfield auction plan a potential game changer for oil & gas sector: Narendra Taneja, Energy Expert"We need more competition in exploration and production. We need fresh ideas. We need more aggressive players, big players like Cairn Energ...
Moily realigns portfolios of joint secretaries despite initial reluctance of Oil SecretaryVeerappa Moily prevailed on petroleum secretary for an "equitable" distribution of works, senior oil ministry officials said.
Vivek Rae wants early nod for pending oil and gas exploration issuesVivek Rae has asked bureaucrats in the oil ministry to clear numerous pending issues about oil and gas exploration by May end or face actio...
Solar power to be focus of shift in future energy needs: Mukesh AmbaniMukesh Ambani said solar power will be at the core of the shift in future source of energy needs - from hydrocarbon to renewable.
- Cairn Energy rebounds into first-half net profit
Scottish oil and gas explorer Cairn Energy said that it bounced back into net profit in the first half.
- Govt body to help cos buy energy assets abroad
The ministry of external affairs is setting up an energy security division to help corporates acquire energy assets abroad.