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2 mins read

Gold, silver rally, crude volatile while copper at two-month low: Choice Commodity Report

The Multi Commodity Exchange of India (MCX) Gold July contract saw a modest increase of +0.86 per c…

ANI   


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India's oil, gas exploration offers USD 100 billion opportunity: Oil Minister Hardeep Singh Puri

Oil Minister Hardeep Singh Puri on Thursday called for stepping up oil and gas hunt to cut India's …

PTI   


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3 mins read

Capitalising on India's energy revolution: A guide for smart investors

Early investment in transformative trends often yields the highest returns, as seen with the rise o…

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2 mins read

Stock market today: Sensex trading at 80k points, Maruti, Adani Ports take lead

As for sectoral indices, Nifty PSU Bank led by 1.11%, while IT, private bank, and oil and gas were …

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Stock market today: Sensex tops 80,000 for the first time; HDFC and Kotak Bank take lead

HDFC, Axis, ICICI, Kotak Bank, and Britannia were among the early gainers on the market today, whil…

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4 mins read

ONGC starts oil production from delayed $5 billion deep-water project

State-owned Oil and Natural Gas Corporation (ONGC) on Monday said it has started oil production fro…

PTI   


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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   


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1 min read

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   


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3 mins read

ONGC wins bid to acquire PTC's wind power unit for Rs 925 cr

ONGC said it has taken various initiatives for renewable energy power generation and already has…

PTI   


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The United Arab Emirates pursued nearly $100 billion worth of oil and gas deals the same year it led the global climate summit, analysis finds

The UAE closed more than a dozen deals to expand its oil and gas footprint at home and overseas, an…

Catherine Boudreau   


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Russian inflation will soar even higher as sanctions spark another surge in gas prices, British intelligence says

Inflation in Russia is "highly likely" to remain above target through the rest of 2024, the UK Defe…

Jennifer Sor   


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1 min read

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   


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Rupee falls 9 paise to 83.43 against US dollar in early trade

At the interbank foreign exchange market, the local unit opened at 83.39 and lost further groun…

PTI   


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Oil marketing companies reduce prices of LPG commercial cylinders by ₹30

The price of the commercial LPG cylinder of 19 Kg has been slashed by Rs 30. Consequently, the new …

ANI   


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Stock market news: US stocks slide and bond yields rise as traders eye new economic data

Traders are looking ahead to new inflation data at the end of the week. Nvidia shares wavered after…

Jennifer Sor   


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3 mins read

India can survive the Red Sea crisis, says head of US-India forum

The Red Sea crisis, which has forced shipping vessels to take a longer detour to avoid being hit by…

PTI   


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1 min read

ONGC Videsh incorporates subsidiary in GIFT City

ONGC Videsh Ltd, the overseas investment arm of state-owned Oil and Natural Gas Corporation, has in…

PTI   


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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   


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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…

Filip De Mott   


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Sanctions against Russia will last 'for years to come' as the US aims to cut Moscow's oil and gas revenue in half by 2030

Limiting Russia's energy revenue will ensure that Moscow can't rearm for future aggression, Geoffre…

Filip De Mott