India's Russian oil imports hit an all-time high in June, reaching approximately 2.70 million barrels per day. This surge is attributed to ...

Moody's Ratings believes India can manage a wider fiscal deficit this year without jeopardising its investment-grade credit rating. Despite...

During national emergencies such as floods and the recent pandemic, India's state-run oil companies have shown their crucial importance by ...

Maritime traffic through the Strait of Hormuz is normalizing, with most India-bound energy shipments successfully navigating the chokepoint...

India faces mounting vulnerability due to its soaring dependence on imported crude oil, now exceeding 90%. A recent EY report urges augment...

Indian refiners are unlikely to sharply raise purchases of Iranian crude despite a 60-day US sanctions waiver, as uncertainty over its dura...

Middlemen and Iran's state oil company are offering discounted Iranian crude to Indian refiners after the US granted a 60-day sanctions wai...

ONGC and bp have inked a deal to boost oil and gas output from the Western Offshore Basin. This partnership leverages bp's global expertise...

Indian markets surged on Wednesday, recovering previous day's losses, with banking stocks leading the charge from a strong support zone, si...

Cummins India anticipates robust domestic demand to fuel its fiscal 2027 growth, despite ongoing Middle East geopolitical tensions impactin...

India's ONGC is in talks with Venezuela's PDVSA to acquire stakes in two oilfields, San Cristobal and Carabobo. This move hinges on ONGC se...

Indian markets saw a dip on Friday, with IT stocks leading the decline. Analysts suggest profit-taking occurred near the 24,150 mark. Despi...

As tensions around Iran and the Strait of Hormuz ease, India should focus not only on managing the immediate oil crisis but also on strengt...

State-run ONGC is shifting its focus, now prioritizing natural gas over crude oil. Chairman Arun Kumar Singh announced that gas production ...

India plans to boost its oil security. Oil and Natural Gas Corporation, ONGC, will build a new strategic petroleum reserve facility in Mang...

ONGC Videsh Ltd (OVL) had acquired assets overseas as part of increasing the state-run oil producer's crude output. The move to revive OVL ...

Brazil is ready to increase oil supplies to India. This comes as India seeks to diversify its crude sources due to shipping issues. Brazil'...