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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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Government should rationalise customs duty in Budget to boost domestic manufacturing: Indian Chamber of Commerce

The Indian Chamber of Commerce (ICC) has suggested the government to rationalise customs duties in …

PTI   


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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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Chandrababu Naidu meets Nirmala Sitharaman ahead of Union Budget

Andhra Pradesh Chief Minister Chandrababu Naidu, who is on a visit to the national capital, interac…

ANI   


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Union Minister Piyush Goyal announces 80% licensing fee concession for women entrepreneurs

According to a press release by the Ministry of commerce and Industry, these incentives are expecte…

ANI   


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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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Nick Walker is new CEO of Vedanta Cairn Oil and Gas

Vedanta's Cairn Oil & Gas on Thursday announced the appointment of Nick Walker as the new chief exe…

PTI   


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PM launches 20% ethanol blended petrol in 11 states/UTs

The Prime Minister of India, Narendra Modi, has announced that from February 6th, all petrol sold i…

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'India will buy oil from wherever it wants': Hardeep Singh Puri

On the 2-million barrel a day production cut announced by OPEC+ countries (which include most of…

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HPCL bags contract from OPaL for supply of natural gas

Hindustan Petroleum Corporation Ltd (HPCL), which is enhancing its footprints in the natural gas ma…

ANI   


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NTPC starts blending green hydrogen with piped natural gas in Surat

NTPC and Gujarat Gas started blending green hydrogen with PNG on January 3.NTPC Kawas held awarenes…

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India's petroleum products demand to increase mid-single-digit percentage in 2023-24: Fitch

India's demand for petroleum products is likely to increase by a mid-single-digit percentage in the…

ANI   


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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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Reliance Industries, ONGC, Vedanta and others slapped with windfall, export tax on petroleum

The government on Friday slapped an export tax on petrol, diesel and jet fuel (ATF) shipped oversea…

PTI   


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Europe's scramble for gas is depriving poorer nations from getting enough amid the energy crisis

"The European gas crisis is sucking the world dry of LNG," an energy analyst told the Wall Street J…

Phil Rosen   


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Russia restarts natural gas flows to Europe through Nord Stream pipeline, cooling prices and recession fears

Politicians across Europe were breathing a sigh of relief Thursday as Russia restarted flows of nat…

Harry Robertson   


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Natural gas prices are soaring as energy workers in Australia look poised to strike, threatening global supply

Natural gas prices are up 22% over the past week, but are still down 60% from a year-ago as a warme…

Matthew Fox   


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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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Norway's government halted an oil and gas worker strike that could have cut natural-gas exports by 60% and worsened Europe's energy crisis

Norway is Europe's second-largest energy supplier after Russia — which is already slowing supplies …

Huileng Tan   


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European natural gas soars over supply disruptions as Ukraine blocks key route and Russia retaliates against sanctions

Ukraine blocked a route that supplies about 8% of Russian gas to Europe and blamed interference by …

Hamza Fareed Malik