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Govt approves 20% premium for gas from new wells for ONGC
Gas produced from legacy or fields given to state-owned Oil and Natural Gas Corporation (ONGC) a…
PTI
India's exports to Kuwait surged by 34.78% Y-o-Y to USD 2.1 bn
India's trade with Kuwait has surged remarkably, with Indian exports to the Gulf nation reaching an…
ANI
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…
After record profits, state-owned fuel retailers Indian Oil, BPCL and HPCL see profit slump in Q1
IOC, BPCL and HPCL posted up to 90 per cent slump in their June quarter earnings as margins fell an…
PTI
China's EVs are fueling a big oil demand slowdown
China's oil demand growth is down this year, mostly due to the country's massive shift to EVs and …
Kelly Cloonan
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
WATCH: A NASA animation shows gigantic plumes of carbon dioxide emissions swirling over India
It’s one thing to read about climate change and carbon emissions in an article, and quite another t…
A Texas baby boomer who retired at 60 and moved to Mexico says housing, food, and a good life are cheaper, but gas is more expensive
Geary Bartmess III retired at age 60 in Puerto Vallarta, Mexico, after a career as a lawyer in Tex…
John Towfighi
Why AI could weigh down oil prices in the next decade, according to Goldman Sachs
The impact to supply due to the use of AI could end up outweighing any rise in demand from AI's pow…
Kelly Cloonan
US oil production just hit a record high
US oil production hit a record high of 13.4 million barrels per day last week, up from 12.6 million…
Kelly Cloonan
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
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
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
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
Russia stands to lose $6.5 billion a year if Ukraine doesn't renew a gas pipeline deal at the end of the year, report says
Ukraine also stands to lose around $800 million a year if it doesn't renew a gas pipeline deal with…
Jennifer Sor
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
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…
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
Disgraced actor Armie Hammer says he can't afford gas after his career tanked following cannibalism and sexual assault allegations
Armie Hammer wrote on Instagram that he had to sell his truck because he can't afford gas.
Ayomikun Adekaiyero
Satellites are the new climate police for oil and gas polluters
Michael Bloomberg pledged $40 million to a new climate initiative that will use satellites to ensur…