This Andaman Sea offshore well could unlock decades of energy potential for IndiaIndia has confirmed a significant natural gas discovery in the Andaman basin, marking a milestone in deepwater exploration. This find, at t...
30 Sep, 2025, 03.27 PM IST
Crude import bill may be pushed up after US tariffsPotential US tariffs on Russian crude oil imports could significantly impact India's energy sector. With Russia supplying 35% of India's cr...
31 Jul, 2025, 12.56 AM IST
Chevron share rises as it clinches Hess acquisition after winning Exxon legal battleChevron closes Hess acquisition after winning a legal fight with Exxon Mobil, securing its $55 billion deal and gaining access to Guyana’s ...
18 Jul, 2025, 07.47 PM IST
Chevron wins Exxon battle over Guyana oilfieldChevron is set to finalize its $53 billion acquisition of Hess after winning a legal dispute with Exxon Mobil over access to the Stabroek B...
18 Jul, 2025, 04.18 PM IST
India close to hitting Guyana-type 2 lakh crore liter oil jackpot in Andaman that may make us $20 trillion economy, says Hardeep PuriAndaman crude oil reserve: India's energy sector anticipates a potential game-changer as exploration in the Andaman Sea hints at an oil fie...
16 Jun, 2025, 08.30 PM IST
Guyanese soldiers face attacks in disputed Essequibo region, tension with Venezuela soarGuyanese soldiers came under attack three times in 24 hours in the oil-rich Essequibo region, escalating tensions with Venezuela, which pla...
17 May, 2025, 10.57 AM IST
India will drive global oil consumption growth: Phillip Capital"With GDP growth projections above 6 per cent annually, India's energy demand will continue to soar, and the country will remain heavily re...
17 Mar, 2025, 12.08 PM IST
IEA cuts 2024 oil demand growth view, sees surplus loomingThe International Energy Agency reduced its global oil demand growth forecast for 2024 due to weak demand in China. The IEA highlighted tha...
15 Oct, 2024, 03.07 PM IST
Oil surplus looms if OPEC+ hikes supply, IEA data showOil Supply: The International Energy Agency indicated that global oil markets may move from a deficit to a surplus in the coming quarter if...
13 Aug, 2024, 03.37 PM IST
Guyana diaries: Bhojpuri nights, ubiquitous Hindu temples & booming economyGuyana exudes a strong sense of Indianness that resonates deeply with visitors from India, particularly noticeable in Georgetown, its capit...
27 Jun, 2024, 12.59 PM IST
India's exports register healthy growth to European, Latin American nations in 2023India's merchandise exports have recorded healthy growth in European nations like Romania, Czech Republic, Montenegro, Finland, the Netherl...
05 Apr, 2024, 04.23 PM IST
Cabinet approves MoU between India, Guyana on cooperation in hydrocarbonsThe Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the signing of a Memorandum of Understanding (MoU) between the Min...
05 Jan, 2024, 02.42 PM IST
India's state refiners may sharpen competition for Venezuelan OilGovernment-controlled refineries in India, including Bharat Petroleum and Hindustan Mittal Energy, are reportedly seeking to purchase Venez...
07 Dec, 2023, 02.28 PM IST
The Guyana Way: How Indian oil reserves could act as a big ticket for global investmentGuyana is currently the fastest-growing economy in the world, with its GDP expected to grow by 38% in 2023. The country's rapid growth is a...
17 Sep, 2023, 11.43 PM IST
India sends out clear signal of its clout, foreshadowing coming changes in world oil sceneIf India is successful, it will set an example for other countries. As buyers see more affordable choices and renewable energy becomes incr...
02 Apr, 2021, 12.58 PM IST
Oil demand set for first contraction since 2009 due to coronavirus: IEAThe downward revision came as oil prices dropped as much as third in their biggest one-day fall since the 1991 Gulf War
10 Mar, 2020, 10.30 AM IST
Meet the economy that the IMF sees growing 86% in 2020Guyana, a country of 780,000 that neighbors Brazil and Venezuela in the region’s northeast corner, will see its economy balloon 86% next ye...
02 Nov, 2019, 06.39 PM IST