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WHICH OIL COMPANIES ARE LAYING OFF IN 2025
Robinhood CEO says AI agents will soon rival human traders, manage portfolioThe company had in May unveiled tools that allow AI agents to trade stocks and make purchases on behalf of users. The company said its user...- Govt denies reports of Bhutan rejecting India's E20 fuelIndia's Petroleum Ministry has debunked claims that Bhutan rejected E20 petrol imports, stating no such offer was ever made. The ministry e...
- Government raises ONGC chairman entry age to 59, offers up to five-year tenureThe government has broadened the eligibility for ONGC's next chairman, raising the maximum entry age to 59 and offering a three-year term e...
- India eyes oil exploration expansion after Middle East war shortagesIn response to a critical energy supply crisis, India is ramping up its efforts in domestic crude exploration. The country, known for its r...
- Iraq approves preliminary agreements to study strategic oil export pipeline projectsIraq's cabinet has greenlit preliminary deals for strategic oil export pipeline studies. A consortium featuring US firms Capital TI and Che...
- E20 rollout fuels demand for premium petrol amid mileage, engine concernsAs E20 becomes the default fuel across India, more and more motorists are opting for higher-octane petrol amid concerns that E20 could hurt...
- OMCs lost Rs 18.9/litre on diesel, ₹6 on petrol in Q1State-run oil companies faced significant losses in the April-June quarter, losing ₹18.9 per litre on diesel and ₹6 on petrol. This downtur...
- US oil companies see big jump in profitUS oil giants are poised for record profits, potentially sparking a showdown with President Trump over high gasoline prices. Despite fallin...
- LME approves Adani's major copper smelter in India as listed brandThe London Metal Exchange has approved Adani Copper for delivery against its contracts, enabling warrant issuance from July 10. Produced by...
- Microsoft, AWS deploy engineer armies to help crack AIAWS and Microsoft want to embed thousands of their own engineers at client companies to help them capitalize on artificial intelligence, wh...
- India, China ink edible oil trade pact to boost soybean oil importsIndia's edible oil industry, represented by IVPA, has inked a significant pact with China's CFNA to boost bilateral trade. This collaborati...
- India's June palm oil imports fall to 14-month low as demand softens, dealers sayIndia's palm oil imports plunged to a 14-month low in June, driven by weak consumer demand and a shrinking price advantage over rival oils....
- US Independence Day: As America gears up for its 250th Independence Day, check Fourth of July grocery deals and discountsAs America gears up for its 250th Independence Day, major retailers are rolling out significant Fourth of July deals. Expect substantial sa...
- Microsoft to cut under 2.5% of workforce in latest layoffs: reportU.S. companies have continued to trim headcount in recent months, with a fresh wave of layoffs across the technology, media and finance s...
- E20 mixing in trial phase, Centre tells SC; court orders status quo on ethanol quotaThe Supreme Court has halted the Karnataka High Court's order to increase ethanol allocations for the 2025-26 supply year, urging state-run...
- SC directs status quo on Karnataka HC order on ethanol allocation; Centre says 20% blending still an experimentThe Supreme Court has put a hold on a Karnataka High Court order that sought to increase ethanol allocation for 2025-26. An oil company arg...
- The $1 trillion AI 'arms race' is fueling a hidden supercycle and it's not just chipsDBS Bank says the global AI arms race is driving a multi-year capex supercycle extending beyond semiconductors into energy, networking, inf...
- Delayed soyabean sowing likely to push up edible oil pricesAs delayed soybean sowing unfolds in key Indian states like Madhya Pradesh and Maharashtra, concerns are rising over a potential shortage o...
- Repeated crises reaffirm role of PSU oil firmsDuring national emergencies such as floods and the recent pandemic, India's state-run oil companies have shown their crucial importance by ...
- Lucid Motors layoffs 2026: EV maker slashes jobs ahead of SUV launch - why is Lucid laying off employees, how many jobs are being cut and which roles are impacted?Lucid Motors layoffs 2026 explained: EV maker Lucid Motors is undergoing significant workforce reductions, cutting approximately 18% of its...
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