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INDIA DEEPSEA OIL EXPLORATION
Rs 84,084 crore incentive on offer, but India's deepsea oil exploration bids delayed againIntroduced in 2016 under the Hydrocarbon Exploration and Licensing Policy, OALP sought to replace the government-driven identification of e...
IOC to buy crude, LPG ships as West Asia crisis exposes shipping risksThe move marks a potential shift in the company's shipping strategy, which has traditionally relied on a mix of time-charter and voyage-cha...
Gas hunt: RIL, ONGC, BP may share $1-billion infra facilityThe shared infrastructure, under the $1-billion plan, model aims to reduce development costs, eliminate standalone facilities for smaller d...
Assam OIL facility fire: Death toll rises to four after injured worker diesA fire incident at an Oil India facility in Dibrugarh, Assam resulted in four fatalities among workers. The blaze occurred during maintenan...
IOC to buy crude, LPG ships as West Asia crisis exposes shipping risksIndian Oil Corporation aims to enhance control over its energy supply chain by acquiring crude oil carriers and LPG vessels. The company is...
- Death toll in explosion at Oil India's facility in Assam rises to three
Three people have died following an explosion at Oil India Limited's facility in Dibrugarh. The incident occurred during maintenance work a...
Assam OIL facility explosion: Death toll rises to two, 3 criticalIn a devastating explosion at the Intermediate Tank Farm of Oil India Limited in Dibrugarh, two workers lost their lives, and numerous othe...
Fire at Oil India tank farm in Assam kills one, injures sixA fire broke out at the Intermediate Tank Farm of Oil India Limited in Dibrugarh, Assam. The incident occurred during maintenance work, lea...
ONGC uses stuck Russian dividend dues for Sakhalin fund, seeks operatorship of Venezuela oilfieldsONGC has utilized funds from its Russian dividends to meet its obligations for the Sakhalin-1 abandonment fund. The company is negotiating ...
Continental Tyres explores sale of India plant in UPGerman tyre maker Continental is exploring the sale of its manufacturing plant in Modipuram, Uttar Pradesh, as the facility is operating be...
Centre launches ninth auction tranche for 20 critical mineral blocks, third round of exploration licencesThe mines ministry has launched the ninth tranche of auctions for 20 critical and strategic mineral blocks, alongside the third tranche for...
Trust market returns to secure oil: India owns stakes in oilfields from Russia to Abu Dhabi, but getting that crude home is another challengeIndia's overseas oil investments, particularly in Russian oilfields, have not guaranteed preferential access to crude during supply disrupt...
Gulf Oil eyes market leadership in India, global expansion to drive next growth phaseGulf Oil aims to surpass its rival and achieve the market leader status in India's lubricants sector. The company plans to invest approxima...
India opens special deepwater oil, gas bidding round, offers to fund up to 50% of well costsIndia is launching a special licensing round for deepwater and ultra-deepwater oil and gas blocks under its ₹84,084 crore Samudra Manthan o...
India's palm oil imports hit 14-month high, soyoil purchases set recordIn October, India experienced a surge in palm oil imports to 866,000 metric tons. Soyoil imports reached a record high of 653,000 tons, ref...
Rising crude prices could push India's inflation by upto 1 percentage point, diversified imports helping secure oil supplies: EY's Gaurav ModaGaurav Moda, Partner and Energy Industry Leader at EY India said the increase in crude oil prices from an average of $60-65 per barrel to $...
India weighs new oil manoeuvre as old routes get jammedThe West Asia war has forced India to look at energy security through a new, different lens. The oil issue, for India, has now gone from be...
SC notices to Centre, Assam on Oil India plea on rejection of drilling proposal at national parkThe Supreme Court has requested responses from the Ministry of Petroleum and Natural Gas regarding Oil India's proposal. This proposal invo...
Hinduja's Gulf Oil scouts acquisitions in Asia, South America ahead of global listingHinduja Group-owned Gulf Oil Lubricants plans to re-enter Mexico and the US in 2027 as it accelerates overseas expansion and scouts acquisi...
EAM Jaishankar slams sanctions, chokepoints disrupting global energy trade, holding prices hostageS Jaishankar highlighted the challenges posed by disruptions in global oil supplies during the G20 meeting. He pointed out that the current...