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OIL AND GAS RESERVES INDIA
Gas prices in US hit $4.29 nationwide as California, Hawaii pay over $5; October on track for recordGas prices have climbed above $4 per gallon nationwide as the Iran war disrupts global oil supplies, putting October on track to become the...- Govt sets rules for Rs 84,084-cr offshore oil hunt, will share deepwater drilling riskThe Indian government will implement the Samudra Manthan scheme to encourage deepwater oil and gas exploration. Funding will cover part of ...
- Rupee little changed this week as oil-fueled declines wipe out early gainsThe Indian rupee experienced a decline for the second day in a row as rising oil prices dampened market confidence. Following a brief uptic...
- 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...
- LNG imports up 9% in Mar-Sep; US, Oman & Nigeria bridge supply gapIndia has increased its liquefied natural gas imports from the US, Oman, and Nigeria significantly since the Iran war. The country now impo...
- Government names Sunil Kumar ONGC chairman; to succeed Arun Singh in DecemberSunil Kumar has been appointed as chairman of ONGC, succeeding Arun Singh, effective December 7. Kumar’s appointment follows recommendation...
- Speedy project approvals, assured buyers key to India's 100 MT coal gasification target by 2030India has set a target to gasify 100 million tonnes of coal by 2030 with significant investments. The coal ministry estimates the investmen...
- Rupee snaps eight-day rally as oil climbs to highest since MayThe Indian rupee ended its eight-session-long winning streak, closing down 0.4% at 94.8175 per dollar. Concerns over escalating oil prices ...
- India’s infrastructure output jumps 7.9% in September on strong coal, steel growthThe latest numbers from the Indian government show that the country's infrastructure output has jumped by 7.9% compared to last year, as of...
- Indian bonds sell off on oil shock ahead of RBI policy minutesIndian government bonds experienced a significant decline due to rising oil prices, raising concerns about inflation among investors. The b...
- Why the rupee remains under pressure despite lower CAD?The Indian rupee has depreciated significantly this year and is expected to weaken further due to global conditions. Despite improvements i...
- Welspun Corp’s $350 million US bet rides rising oil, gas pipeline demandWelspun Corp is focusing on the US market by investing $300-350 million in two manufacturing plants. The company aims to benefit from incre...
- Asia’s resilience masks a growing jobs challenge as AI reshapes workThe Asia-Pacific region has shown resilience despite energy shocks and trade restrictions, with the IMF projecting 4.8% growth. While some ...
- 'India an important ally': Rubio says Trump weighing impact of Russia-related tariffsUS Secretary of State Marco Rubio stated that India's energy requirements will be considered before possible sanctions on Russian oil. Pres...
- Trump looks to rein in fuel prices ahead of midterms; waives threat of 100% tariffs on India over Russian oil, citing ‘national interest’ as US inks diesel pact with MoscowUS President Donald Trump has waived fresh sanctions and duties on Russian energy exports under a new law, citing national interest and eas...
- Alaska Senate race heats up as Sullivan, Peltola clash over Iran war, fuel costsAnchorage witnessed a heated debate among major U.S. Senate candidates, focusing on the Iran war and energy policy. Republican Senator Dan ...
- Oil Price Today (October 16): Crude oil dips to $105 as Trump mulls easing restrictions on sanction-facing nations. What’s next?Brent crude futures fell 41 cents, or 0.39%, to $105.51 a barrel, while US West Texas Intermediate crude futures declined 54 cents, or 0.55...
- Essar Oil & Gas wins five CBM blocks across three states, adds 6.6 Tcf gas reservesEssar Oil & Gas has acquired five coal-blend methane blocks across West Bengal, Madhya Pradesh and Telangana. The company aims to enhance d...
- Donald Trump has ambitious oil drilling plans for Greenland: Why extraction could be delayed for decadesDonald Trump has announced intentions for large-scale oil and mineral exploration in Greenland, emphasizing its potential resources. The an...
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