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INDIA OIL INDUSTRY
Kuwait hedges security bet, holds defence meet with IndiaKuwait and India convened their inaugural joint defence committee meeting in New Delhi, marking a significant step towards bolstering coope...- Govt plans to start recovery 7 years after deepwater explorers begin productionThe government will support deepwater exploration through 2030-31 with significant funding. About forty-three thousand crore rupees will fu...
- Turkey, Saudi Arabia, Pakistan to hold first defence pact meeting, source saysTop officials from Turkey, Saudi Arabia, and Pakistan met Monday for a defense accord. This joint defense agreement aims to strengthen coll...
- India's FY27 growth seen at 7-7.2% as capex, domestic demand offset global headwinds: EYIndia's real GDP growth is likely to remain resilient at 7 per cent-7.2 per cent in FY27, supported by buoyant domestic demand and continue...
- Russia is one of the world's top oil producers, so why is it still importing petrol from IndiaRussia is rationing petrol domestically as Ukrainian drone strikes damage its oil refineries. The nation continues crude oil production whi...
- Corporate actions this week: NTPC, Coal India among nearly 90 cos set to hit record dates for dividend payouts, bonus issues & stock splitsNearly 90 companies, including NTPC, Coal India and Oil India, have scheduled record dates for dividends, bonus issues and stock splits fro...
- Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 31%When the Indian market will start to recover in any real sense is still an open question. But one positive is that the broader market indic...
- Odisha colleges told to cut cooking oil use, skip puris, vadas and bondasOdisha colleges must reduce cooking oil consumption in their canteens. This directive follows global supply chain disruptions and geopoliti...
- Assam moves to streamline agarwood industry, boost exports and downstream manufacturingAssam is moving to expand its agarwood industry by simplifying regulations, speeding up export permissions and strengthening cultivation, p...
- Oil & gas stocks after 6 months of West Asia crisis: Who beat markets, who lagged & what’s next?The Nifty Oil & Gas Index lagged behind the broader market following the onset of the West Asia conflict. Despite this, Aegis Logistics and...
- These large-, mid- and small-cap stocks can give more than 20% return in 1 year, according to analystsEven if the ongoing conflict in the Gulf settles anytime soon (and we certainly hope it does), don’t be surprised if the Nifty and Sensex r...
- Canada can be India's strategic partner, says Canadian Finance MinisterCanada can be a strategic partner for India's energy and food security needs. Canadian Finance Minister Francois-Philippe Champagne highlig...
- BPCL says no decision to replace E20 with E10, as govt debates lower-blend option for older vehiclesBharat Petroleum Corp Ltd has clarified that there are no plans to switch from E20 petrol to E10 fuel. Discussions are currently taking pla...
- Sunny side down? Egg prices rise on ethanol pushRising diversion of maize to ethanol production has significantly increased poultry feed costs, leading to a 35-40% surge in egg prices ove...
- Oil shock could outlast conflictsGlobal oil prices are experiencing fluctuations as geopolitical tensions persist. The aspirations for a quick resolution of these conflicts...
- Incubit Group plans Rs 5,000 crore India investment, eyes energy infrastructure expansionIncubit Group plans to invest Rs 5,000 crore in India over four to five years. The emerging-markets energy operator will expand its existin...
- Indian refiners widen oil search as attacks hurt Russian flowsIndian refiners are reducing Russian crude imports amid Ukrainian attacks on supply routes. They are now seeking alternative oil supplies f...
- India sets eyes on 100 more flagged vessels to cut forex outgoIndia plans to add one hundred flagged vessels within five years. This initiative aims to significantly reduce the nation's foreign freight...
- India's exports to Iran set to fall further due to Dubai halt, US sanctionsNew U.S. sanctions and UAE trade suspension may disrupt Indian exports to Iran. Rice, tea, and pharmaceutical shipments routed through Duba...
- In April 2023, an Indian plant began converting 2,000 metric tons of cashew residues monthly into marine fuel. Now, the refined oil has passed real-world ocean trials, linking a village waste stream to global shippingA plant near Hebri, India, converts cashew processing waste into biofuel and biochar. This facility now processes nearly two thousand metri...
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