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HYDROCARBON OFFSHORE
'Ocean of energy' found in Andaman: What the new gas discovery means? Can it reduce India's import dependence?Andaman oil discovery news: Oil India has confirmed the discovery of natural gas in an exploratory well in the Andaman Sea, marking a signi...
Oil India reports natural gas presence in second Andaman offshore wellOil India Limited has found natural gas in its third exploratory well in the Andaman offshore block. This is the second well in the block t...
20 months of bearish markets: One additional letter that tells you which 'cheap' stocks are actually cheapMost investors live by one ratio. That ratio that tells them all they want to know – or should one say all they want to hear? They open a s...
ONGC bets on gas-led growth as premium pricing boosts profitabilityONGC anticipates natural gas will drive its future growth and profitability. New high-priced gas production is set to increase significantl...
After Mumbai High, ONGC brings in BP in other western offshore oil, gas fieldsIn a strategic alliance, ONGC has teamed up with BP to enhance the extraction of oil and gas from its aging offshore fields in the west. Th...
India cuts royalty burden on oil and gas producers in push for domestic outputIndia's Centre has lowered royalty rates for crude oil and natural gas production. This move aims to encourage more domestic exploration an...
West Asia war has a crude lesson for Indian economy: Cut the oil importsThe West Asia conflict has exposed India's vulnerability to energy shocks, prompting calls to reduce crude oil imports and boost energy sec...
US 'suffocating' Iran with blockade, says Treasury Secretary Scott BessentTreasury Secretary Scott Bessent said Sunday that the United States was "suffocating" Iran's leadership through an "economic blockade" laun...
Iran conflict exposes limits of energy transition, pushes world back to oil, gas and nuclearRecent global events, particularly the Iran conflict, have highlighted the continued reliance on hydrocarbons, pushing back EV targets and ...
Lessons from Hormuz crisis: Vedanta’s Anil Agarwal shares how India can break the 88% crude dependency cycleRecent Strait of Hormuz tensions reveal India's deep dependence on imported oil. Vedanta Chairman Anil Agarwal stresses India is under-expl...
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...
India witnesses renewed spurt in oil and gas exploration: Petroleum Minister PuriPetroleum Minister Hardeep Singh Puri announced a surge in India's oil and gas exploration, particularly offshore, driven by opening 'No-Go...
L&T bags ultra-mega order for hydrocarbon offshore business in Middle EastLarsen & Toubro's Hydrocarbon Offshore division has received a significant order. The order, valued above fifteen thousand crore rupees, co...
L&T bags order in Middle East valued between Rs 10,000-15,000 crLarsen and Tourbo (L&T) on Monday said its hydrocarbon business has bagged a mega order from a client in the Middle East. While L&T did not...
Government plans to 'float' offshore oil blocks-cum-wind farmsThe Ministry of New and Renewable Energy (MNRE) is in discussions with the Ministry of Petroleum and Natural Gas (MoPNG) to combine the exp...
L&T bags 'large' offshore contract from ONGCThis contract, awarded through international competitive bidding, reposes ONGC's confidence in L&T Hydrocarbon Engineering (LTHE) capabilit...
L&T bags orders worth Rs 1,920 crore in hydrocarbon businessThe scope of the contract includes engineering, procurement, construction and installation of five wellhead platforms at the Mumbai High No...