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OIL MINISTRY INVESTMENT RECOVERY
Govt plans to start recovery 7 years after deepwater explorers begin productionThe government will support deepwater exploration through 2030-31 with significant funding. About forty-three thousand crore rupees will fu...- What we know about Trump's deal giving US access to vast oil reserves in VenezuelaThe United States and Venezuela have announced a significant oil deal. This agreement grants America a stake in Venezuela's vast oil reserv...
- Death toll rises to 38 from Russia's deadliest attack on Ukraine this yearA Russian strike on a warehouse west of Kyiv killed 38 people, marking the year's deadliest attack. Russia plans massive strikes on Ukraine...
- OIL Green Energy signs MoUs with Haryana for 5,000 TPD waste-to-clean-energy projectsOil India Limited's subsidiary signed MoUs with four Haryana municipalities. These agreements aim to develop integrated Compressed Biogas a...
- Charting the global economy: Price pressures continue to bubbleThe personal consumption expenditures price index, excluding food and energy, rose in line with expectations in July.
- Venezuela's interim president says US energy deal will last 25 yearsVenezuela's interim president announced a historic 25-year energy accord with the United States. This agreement targets increasing crude ou...
- US to take 35% stake in Venezuelan mogul Betancourt's oil venture: ReportThe US government plans a 35% passive stake in Alejandro Betancourt's energy company. It also seeks preferential rights to purchase 20% of ...
- Venezuelans view US oil deal with doubt, hopeVenezuela and the United States have finalized a significant oil deal. This agreement aims to revitalize the nation's struggling petroleum ...
- Waste-to-energy plants to come up at four major urban centres across Haryana; MoUs inkedHaryana will establish four integrated waste-to-energy plants in major urban centers. These facilities will process 5,000 tonnes of waste d...
- Silver rebounds from correction: Can the recovery gain momentum?Silver has rebounded sharply from its recent correction, supported by gold’s rally, a weaker US dollar and expectations of stronger industr...
- Oil settles lower on clues about Fed policy, rumors of Hormuz dealOn Friday, oil prices dipped, driven by signals from the Federal Reserve and circulating rumors regarding the Strait of Hormuz. Market trad...
- Techie’s salary rose from Rs 3.5 LPA to Rs 40 LPA, but day trading cost him Rs 50 lakh; now plans to sell 2 acres of landAfter landing a lucrative tech job with an annual salary of Rs 40 lakh, a professional ventured into day trading, lured by a Telegram chann...
- In 2012, Alaska counted 58 pigeon guillemots on Naked Island as mink threatened nests. 11 years later following restoration, their numbers had jumped nearly 400%, reaching 288 birds in 2023Pigeon guillemot numbers on Alaska's Naked Island Group have significantly increased. This recovery followed a multiyear effort to remove i...
- Assam moves to streamline agarwood industry, boost exports and downstream manufacturingAssam is moving to expand its agarwood industry by simplifying regulations, speeding up export permissions and strengthening cultivation, p...
- NBFCs enter new cyclical recovery, PAT seen rising 24% in FY27: Motilal OswalNon-banking financial companies are entering a new cyclical recovery phase. Loan growth and asset quality improvements are expected to driv...
- 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...
- Trump administration weighs US ownership stake in Venezuela’s vast oil reserves: ReportThe Trump administration is discussing a potential US ownership stake in Venezuela’s oil industry, Axios reported, covering more than a doz...
- Canada can be India's strategic partner, says Canadian Finance MinisterCanada can be a strategic partner for India's energy and food security needs. Canadian Finance Minister Francois-Philippe Champagne highlig...
- Indian economic growth likely slowed to 7.1% in April-June quarter: Reuters pollIndian economic growth slowed to 7.1 percent in the April-June quarter. Consumer spending and government expenditure supported this growth ...
- 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...
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