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DOMESTIC OIL AND GAS PRODUCTION
Govt extends OALP-X, XI bid deadline again to Nov 15India's government has extended bid deadlines for offshore oil and gas exploration blocks. Companies now have until November 15, 2026, to s...- Trump doubles down on 'Trump Strait' plan for Hormuz, says Iran will be 'thrilled'President Trump suggested renaming the Strait of Hormuz to Trump Strait. He stated Iran's leadership would be thrilled by this significant ...
- Oil Price Today (September 10): Crude oil at $101 as Iran attack on 10 ships raises supply fears. $120 in sight?On Thursday, oil prices surged above one hundred dollars per barrel as traders evaluated the risks associated with supply disruptions stemm...
- How Trump's stock portfolio rode oil price rollercoaster: ReportOil prices surged above $100 a barrel amid escalating tensions with Iran. President Trump's disclosed oil investments gained millions durin...
- In 2024, University of Chicago researchers turned discarded bio-oil char into graphite; 8 hours of cooling made crystals 5 times thicker and over 15 times widerUS researchers have developed a method to convert plant waste into high-quality graphite. This breakthrough offers a potential domestic sou...
- Oil Price Today (September 9): Brent crude rises above $100 a barrel as Middle East conflict escalatesBrent crude futures crossed $100 a barrel for the first time since July 24 as escalating U.S.-Iran tensions raised concerns over Middle Eas...
- L&T bags offshore order of up to Rs 5,000 cr from ONGC for India's west coast development projectsLarsen & Toubro's energy hydrocarbon offshore business secured a large order from ONGC. This order involves developing offshore projects of...
- India needs energy innovation to reduce 88% oil import dependence: ONGC chiefTo ensure energy self-sufficiency, India must boost its domestic oil and gas output. Arun Kumar Singh, Chairman of ONGC, highlighted the si...
- Goldman Sachs’ big warning! Oil prices could soar to $120 if attacks on shipping continue in Hormuz StraitGoldman Sachs warned Brent crude could rise to $120 a barrel if Middle East shipping disruptions intensify, while JPMorgan sees further ups...
- Trump forecasts oil below $2 a gallon after US ‘victory’ over IranPresident Trump forecasts oil prices will fall significantly after a US victory in the Iran conflict. He stated that gas prices could drop ...
- Five-year fuel contract with Mauritius: IndianOil turns 25-year presence into strategic footholdIndia has signed a five-year fuel supply agreement with Mauritius under which IndianOil will meet the island’s entire import requirement of...
- LPG refill booking interval cut from 45 to 25 days, says Union MoS Suresh GopiThe Centre has reduced the booking interval for liquefied petroleum gas (LPG) refills from 45 days to 25 days, Union Minister of State for ...
- Iran vows to respond to US strikes, says US energy companies' facilities are 'exposed'Iran has threatened to retaliate against any new United States attacks on its assets. The nation warned that regional energy production is ...
- ONGC chairman selection: Seven shortlisted candidates to face second round of interviewsSeven candidates have been shortlisted for the ONGC chairman and managing director post, with a second round of interviews expected this we...
- ONGC Videsh eyes Venezuela oil assets after US green lightAn Indian investment team is reviewing Venezuelan oil assets after receiving US government approval. This visit marks the first such trip i...
- Engineering the future of global pipeline infrastructure: How India's SSEGPL is powering the next generation of energy projectsShree Shakti Engineering (SSEGPL) has evolved into a specialised manufacturer and exporter of pipeline construction equipment. Its portfoli...
- Vedanta Oil & Gas partners with Beicip-Franlab to accelerate exploration, production in NortheastAs part of the engagement, Beicip-Franlab will undertake seismic interpretation, geological and reservoir studies, prospect ranking, resour...
- Indian Oil ramps up LPG output 30% as Hormuz disruption tests India’s energy securityIndian Oil Corporation increased LPG production by nearly thirty percent. Refineries operated above full capacity to ensure energy supply c...
- ONGC explores drillship acquisition/JV for deepwater capacity under Samudra ManthanONGC seeks dedicated deepwater drillship capacity for its exploration program. The state explorer issued an expression of interest for rig-...
- AI could unlock $230 billion annually for upstream oil, gas sector: McKinseyArtificial intelligence could unlock approximately USD 230 billion in annual value across the global upstream oil and gas sector as the tec...
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