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OIL AND NATURAL GAS
Oil & gas stocks after 6 months of West Asia crisis: Who beat markets, who lagged & what’s next?The Nifty Oil & Gas Index lagged behind the broader market following the onset of the West Asia conflict. Despite this, Aegis Logistics and...
Iran sets conditions for reopening Strait of Hormuz, seeks end to warIran is drawing up conditions for reopening the Strait of Hormuz after mediators asked Tehran to specify its demands, including an end to t...
India bonds decline as debt supply caution overpowers oil movesIndian government bonds fell on Thursday, opening flat before succumbing to pressures from heavy debt supply despite declining oil prices. ...
Oil Price Today (August 27): Crude oil dips to $87, down for 4th session amid Hormuz reopening hopes. What are experts saying?Oil prices slipped on Thursday, extending their losing streak, as hopes of a Strait of Hormuz reopening grew amid diplomatic efforts involv...
Oil prices extend losses on expectations talks to ease Middle East supply woesOil prices have declined as discussions between Iran and Qatar may pave the way for reopening the crucial Strait of Hormuz. This reopening ...
Oil shock could outlast conflictsGlobal oil prices are experiencing fluctuations as geopolitical tensions persist. The aspirations for a quick resolution of these conflicts...
ONGC plans $200 million investment to revive Venezuela oilfieldONGC plans a $200 million investment to revive Venezuela's San Cristobal oilfield. The company secured a US license for continued operation...
Iran threatens 45 tankers with fines, confiscation in Hormuz escalationIran has blacklisted forty-five tankers for violating its Strait of Hormuz transit rules. The Persian Gulf Strait Authority announced these...
Iran digs up ‘tens of billions’ in gas wealth as US energy showdown heats upIran has discovered a major gas field in southern Fars province containing 7.5 trillion cubic feet of gas, with 5.7 trillion cubic feet rec...
US billionaires are piling millions into Argentina's Shale boom, here’s what is driving itAmerican billionaires are increasing investments in Argentina's Vaca Muerta shale basin. Harold Hamm's Continental Resources plans a $4 bil...
Centre pushes states to speed up PNG adoption, seeks district-level officers to drive LPG-to-gas transitionThe Petroleum Ministry is urging states to appoint district-level officers for PNG adoption. This move aims to accelerate the transition fr...
Bangladesh's gas crisis hits factories, homes and transportIn the face of an acute natural gas scarcity, Bangladesh is witnessing the shutdown of key fertiliser plants, impacting hundreds of factori...
Hardeep Puri hails Assam Hydrocarbon Policy as landmark initiative; policy comes into forceWelcoming the policy, Puri said the initiative would put the Northeast on the path of fast-paced development while helping unlock Assam’s u...
US Iran war: Hormuz ship crossings hover in single digits, data showsShip crossings at the Strait of Hormuz decreased on Thursday. This decline occurred amid growing concerns for Middle East shipping routes. ...
India enters 'long-term arrangement' with Mauritius to supply petrol, diesel and aviation fuelIndia has signed a long-term supply arrangement with Mauritius for petrol, diesel and aviation fuel, strengthening energy cooperation betwe...
Government offers cheaper domestic gas to city gas distributors to boost PNG connectionsThe government will provide cheaper domestic gas to distributors. This incentivizes converting inactive piped natural gas meters into worki...
ONGC successfully commissions gas evacuation facilities at Khoraghat GGS-1 in Assam's GolaghatONGC has commissioned gas evacuation facilities at Khoraghat GGS-1 in Assam. This development enables surplus natural gas to be processed a...