Economic Times
Nayara Energy, India's largest private fuel retailer, reported a 14.3% increase in fuel sales for Q2 2024 while exports declined due to rising local d
ONGC has appointed Arunangshu Sarkar as Director for strategy and corporate affairs in a board revamp aimed at revitalizing the company. Sarkar, previ
Oil India Limited is set to begin drilling in Andaman and Nicobar offshore waters, aiming for stability in oil prices to aid exploration. The company
The government has appointed Arunangshu Sarkar as the first director (strategy and corporate affairs) on the ONGC board. This move is part of a broade
Oil India has reported no payment issues for its diesel exports to Bangladesh and smooth transit of equipment for its refinery expansion. The company
The Union environment ministry has approved the diversion of 4.50 hectares of forest land in Assam for oil and gas exploration by Vedanta Group's Cair
The government has increased customs duty on crude palm and refined sunflower oil to 20% and 32.5%, respectively, benefiting farmers by boosting their
Global oil demand grew at its slowest pace since 2020 in the first half of 2024 due to China's economic slump, according to the International Energy A
Maruti Suzuki India aims to sell around 6 lakh CNG vehicles this fiscal, a 25% increase from FY24. The company has expanded its CNG model range with t
Petrol Diesel Price Cut: Indians may see relief in petrol and diesel prices if global oil prices remain low. State-run fuel companies may consider red
ONGC Videsh, Oil India, and KABIL have signed a preliminary agreement with International Resources Holding RSC of the UAE to jointly acquire and devel
The Andaman & Nicobar Islands administration has requested the union power ministry to reconsider a shelved 50-MW LNG-based power plant. They also pro
Abu Dhabi has granted oil and gas production rights for an onshore block to a joint venture of Indian state-run refiners Bharat Petroleum Corp Ltd and
The National Company Law Appellate Tribunal (NCLAT) has suspended the order of the lower tribunal that admitted Essar Oil and Gas Exploration & Produc
The Dickey Alternative Investment Trust and Adani Power consortium have moved the Supreme Court against NCLAT's order to maintain the status quo in Co
Russia's search for new markets post-Ukraine war has led to cheaper crude for Indian refiners but hurt diesel exports to Europe. Increased competition
The Supreme Court has sought a response from Adani Power regarding an appeal by Rajasthan discoms against a tribunal's order to pay Rs 186 crore due t
The bankruptcy court in Ahmedabad has admitted Essar Oil and Gas Exploration & Production Ltd under the Corporate Insolvency Resolution Process after
Morgan Stanley has reduced its Brent crude oil forecasts, citing demand weakness akin to recession periods. Brent crude futures hit their lowest level
The Abu Dhabi National Oil Company has signed a 15-year agreement to supply Indian Oil with 1 million metric tons of liquefied natural gas annually. T
