A 10% rain deficit could add as much as one-percentage-point to headline consumer inflation driven by food prices, according to research by...

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

India's state-run oil companies have proven indispensable during national crises, from floods and pandemics to global conflicts. Despite pa...

US-Iran war news: Tensions flare as Iran targets Bahrain and Kuwait with drone and missile attacks following U.S. airstrikes on Iranian mil...

Iran war: Escalating tensions saw the U.S. launch airstrikes against Iran following attacks on Bahrain and Kuwait. President Trump warned o...

Iran has accused the United States of failing to uphold the interim agreement, in particular by failing to sustain a promised ceasefire in ...

Iran fired on a cargo ship transiting the Strait of Hormuz on Thursday, according to two US officials cited by Reuters. The vessel had earl...

Global crude oil prices have fallen to their lowest levels since before the Iran conflict, with Brent slipping to around USD 72–73 per barr...

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

J.P. Morgan has updated its Brent crude oil price forecast for 2026, lowering expectations due to unexpectedly weaker inventory draws and a...

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...

State-run NLC India Limited (NLCIL) has partnered with Indian Oil Corporation Limited (IOC) to form a joint venture focused on developing l...

State-run oil companies must honor their ethanol offtake agreements, a high court ruled, offering a significant boost to dedicated ethanol ...

State-run oil companies are poised for improved profitability as falling crude prices boost fuel marketing margins. While recent government...

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

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...

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