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OFFSHORE DRILLING 2026
Hormuz oil shock echoes 1973 embargo lessonsThe recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 27% in 1 yearAfter the correction, the street will reach a stage where, if a company delivers numbers, there will be enough money waiting to move into t...
Buy, Sell or Hold: Morgan Stanley maintains Equal-Weight on Pine Labs; retains buy on ONGCMorgan Stanley maintains a constructive outlook on select Indian largecap stocks in defence, energy, and fintech, citing strong growth pros...
The green strategic partnership: India and Norway chart a sustainable futurePrime Minister Narendra Modi’s May 2026 visit to Norway — the first by an Indian Prime Minister in over 40 years — upgraded bilateral ties ...
India to offer 21 oil, gas blocks in OALP-XI bid roundIndia is set to launch its 11th Open Acreage Licensing Policy (OALP) round, offering 21 oil and natural gas blocks spanning over 80,000 sq ...
Drill India drill: Iran war triggers India’s boldest hunt for oilThe Iran war has pushed countries to prioritise energy self-reliance, with India accelerating an already underway shift toward boosting dom...
India will churn for a strategic amrit with Mission Samudra ManthanIndia is launching Mission Samudra Manthan, a deepwater exploration drive, and expanding strategic petroleum reserves to bolster energy sec...
Russia may return to US dollar settlement system in Trump deal: what the proposed US - Russia economic partnership includes and is BRICS de-dollarization now a dead game?Over 60% of BRICS trade now settles in local currencies. That shift could slow fast. Russia is considering a return to the US dollar settle...
Oil’s fair in love and war: How Venezuela, the Arctic and Greenland are rewriting the global energy mapAs 2026 begins, oil is no longer just a traded commodity — it is once again a weapon of geopolitics. From Venezuela’s re-emergence as a str...
Turkey's Erdogan says Israeli decision to recognise Somaliland unacceptable, illegalTurkish President Erdogan has strongly criticized Israel's recognition of Somaliland, calling it illegal and destabilizing for the Horn of ...
First of 30 oil lease sales planned for Gulf of Mexico draws $300 million from companiesOil firms bid over $300 million for drilling rights in the Gulf of Mexico. This marks the start of 30 planned sales to boost U.S. fossil fu...
ONGC, OIL aim to launch Rs 3,200 cr stratigraphic drilling campaign next yearONGC and Oil India Ltd. plan a Rs 3,200 crore stratigraphic drilling campaign in early 2026 to discover new hydrocarbon reserves and reduce...
Tariffs, immigration and deregulation will define Trump 2.0: Jahangir AzizThe impact on the economy will be offsetting each other and we will have to wait and see what the net result is. So, you are saying that, w...
OVL secures contract extension for Vietnam oil blocksONGC Videsh Ltd has been granted a 16-year extension to produce oil and gas in Vietnam’s Nam Con Son Basin, and a three-year extension for ...
ONGC Videsh secures contract extension for Vietnam oil blocksONGC Videsh Ltd, India's leading overseas oil firm, has been granted a 16-year extension to its oil and gas production contract in Vietnam ...
Renewable energy boom stares at talent blackout"The scale of the opportunity is something that is very exciting ... but there is a lack of talent and it is one of the challenges," said S...
Centre offers subsidy to make ships that deploy offshore wind projects and subsea cablesUnder the Rs 4000 crore Shipbuilding Financial Assistance (SBFA), financial assistance up to 20% of the Contract Price or the Fair Price (w...
ONGC gets Director for Production as board revamp kicks inThe post of Director (Production) has been created after merging Director (Onshore), who is in charge of all oil and gas fields located on ...
Singapore's company monitors potential of wind energy off Gujarat and Tamil NaduAnil Bhatia, Vice President for Renewable and Hybrid Energy at HBA, said strong winds across deep seas off Gujarat and Tamil Nadu are most ...
Oil discoveries at 70-year low signal supply shortfall aheadWith oil prices down by more than half since the price collapse two years ago, drillers have cut their exploration budgets to the bone.