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3 mins read

Stock market closing: Nifty, Sensex close the day in red, Dr. Reddy, ONGC shine

Dr.​ Reddy (up by 2.63%), ONGC (up by 2.56%), Reliance (up by 2.18%), SBI Life (up by 1.88%) and He…

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1 min read

Russia's oil and gas revenue is reportedly set to boom 50% this month

Russia's oil and gas sales are on track to reach $9.4 billion in June, Reuters estimated.

Jennifer Sor   


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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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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   


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1 min read

India slashes windfall tax on crude petroleum

The central government has reduced windfall tax on crude petroleum, according to a government notif…

ANI   


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6 mins read

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…

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3 mins read

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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2 mins read

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   


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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   


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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   


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1 min read

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…

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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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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

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   


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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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1 min read

The oil market is at risk of a supply shortage as peak demand is still 10 years away, Goldman Sachs says

Demand for crude is set to climb through 2034, as major oil producers pull back on spending, Goldm…

Jennifer Sor   


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1 min read

Vedanta gets nod to raise up to Rs 3,400 crore via NCDs

Mining conglomerate Vedanta Ltd on Tuesday said a committee of directors formed by the company's bo…

PTI   


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4 mins read

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…

Catherine Boudreau,Erin Snodgrass   


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3 mins read

A millennial who switched from working on oil rigs to wind turbines says he's been promoted faster in renewable energy

Shaun Mitchell advanced from a wind technician to a supervisor within a few years after leaving the…

Catherine Boudreau   


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2 mins read

Uncertainty over election results may keep market volatile: Experts

The Nifty-50 Index and Sensex both experienced losses of around 3 percent each over the past week, …

ANI