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OIL AND GAS PRODUCTION INDIA
India opens special deepwater oil, gas bidding round, offers to fund up to 50% of well costsIndia is launching a special licensing round for deepwater and ultra-deepwater oil and gas blocks under its ₹84,084 crore Samudra Manthan o...
India's palm oil imports hit 14-month high, soyoil purchases set recordIn October, India experienced a surge in palm oil imports to 866,000 metric tons. Soyoil imports reached a record high of 653,000 tons, ref...
Indian oil refiners expect healthy margins amid global supply disruptionsA combination of these factors offer Indian refiners an opportunity to capitalise on stronger diesel, gasoline and aviation turbine fuel (A...
India weighs new oil manoeuvre as old routes get jammedThe West Asia war has forced India to look at energy security through a new, different lens. The oil issue, for India, has now gone from be...
SC notices to Centre, Assam on Oil India plea on rejection of drilling proposal at national parkThe Supreme Court has requested responses from the Ministry of Petroleum and Natural Gas regarding Oil India's proposal. This proposal invo...
IndiGo, Indian Oil and other crude-sensitive stocks rally up to 4% as oil dips below $105/bbl. Where are prices headed?Crude-sensitive stocks such as IndiGo, BPCL, HPCL and Indian Oil rallied up to 4% as oil prices declined for a second consecutive session a...
'Nobody will trust you...': SC junks Centre's plea against Vedanta arbitration awardsThe Supreme Court dismissed the Union government's appeal concerning disputes involving $99 million arbitral awards. Vedanta and Ravva Oil ...
Vedanta Oil and Gas shares jump 14% in 2 days, m-cap swells by Rs 1,600 crore after Q2 resultsVedanta Oil and Gas shares jumped 6% on Monday after rallying 8.5% in the previous session, adding nearly Rs 1,600 crore to its market capi...
OPEC+ set to keep December oil output targets unchanged, focus shifts to 2027 quotasOPEC+ oil-producing countries have agreed to keep December production targets unchanged in a recent meeting. This decision is intended to p...
Global oil sanctions and chokepoints a means to hold prices hostage: JaishankarAddressing the G20 foreign ministers' meeting in Atlanta on Friday (US time), he said the world was facing an energy crisis driven not by a...
Trump's oil portfolio up 43% amid Big Oil windfall, pain at the pumpMajor oil companies, including ExxonMobil, Chevron, and Shell, reported higher earnings in the third quarter. This comes as the conflict in...
Indian Oil net profit triples YoY to 21,630 cr in Q2Indian Oil experienced a remarkable surge in its net profit, which soared to ₹21,630 crore for the second quarter. This growth can be attri...
EAM Jaishankar slams sanctions, chokepoints disrupting global energy trade, holding prices hostageS Jaishankar highlighted the challenges posed by disruptions in global oil supplies during the G20 meeting. He pointed out that the current...
SC appoints ex-judge Ranjana Desai as mediator in Reliance gas disputeThe Supreme Court appointed Ranjana Prakash Desai as the mediator to resolve a gas migration dispute. Reliance Industries and its partners ...
SC hears Reliance's appeals in $1.73 billion ONGC gas disputeReliance Industries is currently appealing a decision made by the Delhi High Court regarding an arbitration award. The High Court had ruled...
'2026 resembles 1991': CEA Nageswaran says India is at a critical economic inflection pointChief Economic Advisor V Anantha Nageswaran emphasized that 2025-26 could be a significant inflection point for India's economy. He mention...
Trump says he's ending restrictions on climate-warming methane from oil drillingUS President Donald Trump has announced the termination of a Biden-era rule aimed at reducing methane emissions from oil and gas operations...
Mizoram to get piped cooking gas by 2028, ₹491 crore pipeline underwayMizoram is set to receive piped natural gas connections for cooking by early 2028. Indradhanush Gas Grid Limited is constructing a 119.45-k...
Oil India discovers natural gas in Krishna Godavari BasinOil India Ltd has discovered natural gas in the previously unexplored Matsyapuri formation in the Krishna-Godavari Basin. The company said ...
Oil India discovers natural gas in Krishna-Godavari Basin, records peak flow of 200,000 SCMDOil India Ltd. announced a significant natural gas discovery in a shallow-water block of the Krishna Godavari Basin. The Godavari-1 apprais...