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ONGC in talks to acquire PDVSA stakes in two Venezuela oilfieldsIndia'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...- US Stock Market: Energy stocks slide as oil prices tumble on US-Iran peace breakthroughUS energy stocks tumbled Monday as crude oil prices plunged following a breakthrough US-Iran agreement to end hostilities and stabilize glo...
- Inside Anil Agarwal’s $100bn vision: Vedanta Resources plans to relist with US as a likely targetVedanta's Anil Agarwal is listing four companies simultaneously. This move aims to unlock significant growth potential across its businesse...
- India may soon let consumers choose ethanol-blended petrol based on their cars: ReportConsumers will soon have more choices at petrol pumps across India. New ethanol-blended petrol variants like E20, E22, E25, and E30 will be...
- Sales shift to state fuel retailers as Nayara, Shell cut lossesPrivate fuel sellers Nayara Energy and Shell saw sales drop significantly in April. They increased prices after the Iran war began. Consume...
- Iran war crisis: With long-term vision, India could turn turmoil into triumphIndia confronts an economic crisis driven by global events. Import duties on gold and silver are an initial step. Policymakers warn of crun...
- UK's FTSE 100 slips as losses in energy stocks and AstraZeneca weighLondon’s FTSE 100 edged lower as losses in energy majors and AstraZeneca weighed on the index amid thin holiday trading. Weak crude prices ...
- Global Markets | European shares slide as Middle East ceasefire hangs in balanceEuropean shares declined on Monday, on concerns that a ceasefire between the U.S. and Iran might collapse after Washington said it had seiz...
- From uncertainty to discovery: Union Minister Hardeep Singh highlights India's 'data-first' strategy to unlock offshore energy wealthIn his posts on X, the Minister for Petroleum and Natural Gas, Shri Hardeep Singh Puri, highlighted that India is moving beyond blind explo...
- Jio-bp not to raise petrol, diesel pricesJio-BP, a fuel joint venture, will not increase petrol and diesel prices now. This decision comes despite a surge in international oil cost...
- Shell denies it is in takeover talks with BPShell has refuted reports of takeover discussions with BP, emphasizing its focus on internal value capture through performance, discipline,...
- BP Shell merger: Is the biggest merger ever in oil and gas industry happening? Check market cap, debt, valuationBP was valued at nearly $80 billion on Wednesday with net debt of $27 billion while Shell's market capitalisation stood at more than $208 b...
- BP stock soars 7% as Shell eyes major takeover — could this be the biggest energy deal of the year?BP shares jumped 7% after news broke that BP is in early-stage talks with Shell for a possible acquisition. According to The Wall Street Jo...
- Devil's in the details: Why BP's debt may deter a buyerBP faces takeover talks due to underperforming shares. However, its debt profile raises concerns. The company's liabilities exceed its decl...
- Shell looks to capitalise on BP's slide with potential bidAny final decision will likely depend on whether BP stock continues to slide, the people said. Shares of BP have already lost nearly a thir...
- BP walks back on renewable investment, to scale up fossil fuel productionBP has unveiled its new business strategy. The oil and gas company has promised to increase its fossil fuel investments by 20 per cent to $...
- Kuwait signs $3 bln deal to buy gas from BPThe BP deal, signed by state-run Kuwait Petroleum Corp (KPC), will help Kuwait run its power plants through the hottest time of the year.
- Shell to face rivals here head-on; ramp up operationsShell will introduce its technologically advanced products in India to corner a larger market share. It will also invest heavily in capacit...
- RIL looks to Shell, BP to bid for new oil blocksRIL may finalise one of these global majors as its strategic partner for exploration blocks in the seventh round of bidding under NELP. Rea...
- Deal will give RIL an edge in new marketsWhile BP had bid in the earlier bidding round and has even acquired a coal-bed methane block, Shell is yet to bid for blocks under India’s ...
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