Oil & gas
Oil prices surge amid Russian and OPEC supply cuts, US crude stocks decline
08 Jan 2025
Oil prices climbed on Wednesday as tightening supplies from Russia and OPEC members combined with a drop in US crude oil inventories.
ONGC partners with BP to boost production at Mumbai High Field
08 Jan 2025
India’s biggest oil and gas explorer, Oil and Natural Gas Corporation (ONGC), has teamed up with global energy giant BP to enhance oil and gas production from the Mumbai High offshore field
Russian gas supply to Europe via Ukraine halts as transit deal ends
01 Jan 2025
Russia has been forced to halt gas supplies to Europe as a five-year gas transit deal with Ukraine expired on 1 January 2025 and Kiev refused to extend it any further.
US allegations force TotalEnergies to defer investments in Adani Group
26 Nov 2024
In signs that the US Justice Department’s accusation of corruption by the Adani Group has its intended impact elsewhere
.webp)
RIL to invest Rs65,000 cr in 500 biogas plants in Andhra Pradesh
12 Nov 2024
Reliance Industries Ltd (RIL) will be setting up 500 plants to produce compressed biogas across Andhra Pradesh, at an estimated cost of Rs65,000 crore, over the next five years.
.webp)
China's Sinopec signs 15-year LNG term contract with TotalEnergies
05 Nov 2024
French oil major TotalEnergies on Monday announced the signing of a long-term LNG supply contract with China’s Sinopec, under which Total will supply Sinopec 2 million tonnes
.webp){kind=icon}
Chevron Canada to sell assets to Canadian Natural Resources for $6.5 bn
10 Oct 2024
US multinational oil and energy group Chevron Corporation on Tuesday announced plans to sell its Canadian assets in the Athabasca oil sands and Duvernay shale formation to Canadian Natural Resources
Hydrogen use to help lower India’s oil imports by Rs1 lakh crore by 2030
12 Sep 2024
India’s Green Hydrogen Mission has set a target of 5 million tonne annual production of green hydrogen by 2030, which would help reduce the country’s fossil fuel imports by Rs1 lakh crore
QatarEnergy to double urea output, solar power generation by 2030
02 Sep 2024
State-owned QatarEnergy is embarking on a major expansion and diversification programme, which includes doubling annual production of urea and scaling up its solar power production capacity with a new 2,000
Reliance Industries proposes 1:1 bonus issue
02 Sep 2024
Reliance Industries on Thursday announced that its board of directors are meeting on 5 September to consider an issue of bonus shares in the ratio of 1:1.
.webp)
