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Billionaire 'Bond King' Bill Gross explains why oil and gas pipelines are his top investment even as AI fervor swirls
"It's been wonderful — it's been almost as good as AI," Bill Gross said about the returns he's gott…
Filip De Mott
Earning forecasts for Q4 FY24: Healthcare and cement companies to shine
In the fourth quarter of FY24, Indian companies that bank on domestic demand would have done much b…
ONGC declares highest ever standalone profit in FY24
The consolidated net profit of the company is also highest at Rs 57,101 crore in FY24. The crude oi…
ANI
India slashes windfall tax on crude petroleum
The central government has reduced windfall tax on crude petroleum, according to a government notif…
ANI
Russia saw its oil revenue double in April despite Western sanctions
Strong global demand and supply fears driven by geopolitical risks have helped bolster Russia's ene…
Yuheng Zhan
Russia's military is so hard up for manpower that it now pays more than the oil and gas sector
Russia is a major energy producer, and the industry's robust revenues have kept Moscow's war chest …
Huileng Tan
The oil and gas industry is undergoing its biggest-ever consolidation
Upstream merger and acquisition activity hit $144 billion in the fourth quarter alone and $190 bill…
Filip De Mott
Oil and natural gas prices could spike 40% this year if war spreads across the Middle East, economist says
If tensions in the Middle East spiral out of control it would slow global growth and limit trade vo…
Filip De Mott
Russia's April oil and gas revenue could double despite Ukraine hammering its oilfields with drones, report says
Reuters projected Russian oil and gas revenue for April to come in at 1.292 trillion rubles, up fro…
Cameron Manley
Spiking oil prices helped Russia energy-tax revenue double last month
The amount of tax that Russia collected on oil and gas rose by 90% on a year-over-year basis in Mar…
Filip De Mott
Oil prices could spike 11% as Middle East turmoil sparks a decades-long inflation spiral, market veteran says
Iran's attacks against Israel over the weekend could send Brent crude towards $100 a barrel, Ed Yar…
Filip De Mott
Indian refineries are completely refusing oil from a key Russian shipping giant
Indian refineries are rejecting oil cargo carried by Sovcomflot, a Russian tanker firm that's been …
Filip De Mott
Putin backs OPEC production cuts but warns of losing oil-market share to the US
Putin backed the production cuts, but said the output is dropping "while it grows in other countrie…
Yuheng Zhan
A wave of M&A means the US oil-production boom may be over
Public and private firms have very different financial priorities. For the US oil industry this yea…
Aruni Soni
India imported 420,000 fewer barrels of Russian oil a day in February amid tightening sanctions
Weaker crude exports caused Russia's monthly energy revenue to slide by nearly 1% from January, the…
Filip De Mott
Sensex scales 76,000 peak, Nifty hits new high before closing lower; IndusInd, L&T, SBI biggest gainers
Sensex scaled the 76,000 level for the first time while Nifty hit a new lifetime peak before closin…
PTI
Billionaire 'Bond King' Bill Gross says a Trump win would be 'disruptive' for markets
A Trump presidency would worsen US fiscal deficits, the billionaire investor and PIMCO co-founder s…
Shubhangi Goel
AI, Oil & Gas sectors show over 20% growth in hiring in Feb: Report
Hiring for roles in artificial intelligence (AI) and Oil & Gas sectors has witnessed a growth of ov…
India's oil import bill could swell to $101-104 billion in FY25: ICRA
As per ICRA's calculations, a $10/barrel uptick in the average crude oil price for this fis…
PTI
Half of Russia's sanctioned oil tankers are now standing idle
Of the 50 tankers sanctioned by the US since October, 21 are now idle, no longer trading Russian cr…