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GOVERNMENT SUPPORT FOR OIL EXPLORATION
Oil India to invest Rs 15,000 crore over three years in deepwater exploration, eyes eight wellsOil India plans to invest approximately fifteen thousand crore rupees in deepwater exploration over three years. The company intends to dri...- Oil India explores route to bring back $300 million stuck in RussiaOil India aims to repatriate a $300 million dividend from Russian oil assets. These funds are currently stranded in Moscow due to Western s...
- Global Market: European shares advance as investors await Bank of England decisionEuropean shares rose on Thursday as falling crude oil prices and stabilising bond markets improved investor sentiment following the U.S. Fe...
- Pakistan to seek bigger China swap line as $30 billion facility nears renewalPakistan plans to request an increased swap line with China upon its 2027 expiration. The nation anticipates a U.S. response regarding a pr...
- India vows to protect energy security as US Russia bill opens door to 100% tariffsIndia is closely watching a US bill that could allow tariffs of up to 100% on countries buying Russian energy. With Russia accounting for 3...
- What America’s $100 billion Venezuela oil investment could mean for climate change, oil spills and vulnerable communitiesA significant United States investment in Venezuela's oil sector raises environmental concerns. Increased oil production could worsen exist...
- Hormuz crisis lifts ONGC oil business, squeezes petrochemical unit as feedstock costs surgeThe financial landscape for ONGC's petrochemical unit OPaL is alarming, as it faces considerable losses amid skyrocketing naphtha and gas p...
- NITI seeks easier access to geological data, capital for small exploration companiesNiti Aayog recommends government support for junior exploration firms and increased private participation. Streamlining approvals and fores...
- Government reviews use of ship-recycled steel to boost manufacturingMinisters reviewed using ship recycling steel to boost domestic production. Key stakeholders examined regulations for secondary steel usage...
- Three robots worked together like an independent science team in NASA’s latest test — it could change space exploration forever by making decisions without waiting for EarthNASA tested three robots capable of independent scientific decision-making. These autonomous systems can assess risks and adjust plans with...
- India considers cutting vegetable oil import taxes as prices climbIndia is considering lowering import taxes on vegetable oils. This move aims to curb rising food inflation ahead of festival season. Lower ...
- Take steps to accelerate discovery of new mineral resources, says NITI AayogNITI Aayog suggests improving access to geological data and capital for exploration companies. Streamlining approvals and procedures will h...
- Electric mobility a strategic imperative for Viksit Bharat 2047: NITI AayogElectric mobility is a strategic imperative for India's Viksit Bharat 2047 vision. Global shifts and geopolitical friction accelerate the t...
- Paytm will stay profitable even without MDR, government support: Vijay Shekhar SharmaHis comments come as the government moves towards allowing charges on a limited set of UPI transactions. On Monday, the government notified...
- TotalEnergies launches three-year AI development programme with MistralThe three-year joint programme represents an investment of more than €100 million ($115 million) to support geoscience expertise in develo...
- India, China discuss deepening energy cooperation as Chinese oil executive meets Hardeep PuriChinese and Indian officials met to discuss deepening energy cooperation. CNPC Chairman Dai Houliang met with Minister Hardeep Singh Puri i...
- In 2009, Belize’s Barrier Reef System was listed as endangered by UNESCO. 9 years later, oil drilling limits and protected fishing zones helped reverse its declineBelize's Barrier Reef Reserve System was removed from UNESCO's danger list in 2018. This followed the country's implementation of crucial c...
- 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...
- Nifty Outlook: Analysts pick key levels and stocks to watchNifty has experienced a decline for four straight weeks, breaking through the crucial 24,000 support level. Experts recommend adopting a ma...
- Govt plans to start recovery 7 years after deepwater explorers begin productionThe government will support deepwater exploration through 2030-31 with significant funding. About forty-three thousand crore rupees will fu...
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