India's core industrial output saw a significant slowdown in May 2026, registering a mere 0.5% growth compared to the previous year, a dip ...

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

India's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...

Iraq anticipates a swift return to pre-war oil production levels within two months, following a recent US-Iran deal that eased the Strait o...

Karnataka Minister Ramalinga Reddy has reiterated the state's commitment to the Mekedattu project, asserting it will benefit both Karnataka...

Tamil Nadu's Assembly has unanimously opposed Karnataka's ₹9,000 crore Mekedatu dam project on the Cauvery River. Chief Minister C Joseph V...

The Tamil Nadu Legislative Assembly is set to pass a unanimous resolution today against the Karnataka government's proposal to construct a ...

Global markets are optimistic about AI and easing inflation, but David Roche warns of deeper structural risks. He believes the AI investmen...

China's oil use is set to decline in 2026. This shift comes as the nation embraces new energy sources and faces elevated oil prices. PetroC...

Johannesburg, known as the "Gold Capital of the World" or "eGoli," rose to prominence after a significant gold discovery in 1886. This spar...

Recent Ukrainian assaults on Russian oil installations are severely curtailing production levels. Last month saw a notable decline in crude...

A Ukrainian drone struck a Gazpromneft oil refinery near Moscow. The facility sustained damage. No casualties were reported. Emergency serv...

Indian refinery executives anticipate oil prices falling below $80 per barrel within weeks if a US-Iran agreement is signed Friday, reopeni...

A landmark deal between the US and Iran promises to reopen the Strait of Hormuz, a vital oil shipping route. This agreement has already cau...

OPEC has reduced its 2026 oil demand growth forecast to 970,000 barrels per day. This marks a second consecutive cut. The group sees less i...

India is intensifying efforts to discover new oil and gas reserves along its eastern offshore frontier by reprocessing decades-old seismic ...

Andaman oil discovery news: Oil India has confirmed the discovery of natural gas in an exploratory well in the Andaman Sea, marking a signi...