Economic Times
India is exploring the possibility of increasing oil imports from Brazil, as revealed in a meeting between India's oil minister and the head of Petrob
India's oil exports have been impacted by falling crude oil prices, leading to a contraction in overall exports in August. CRISIL reports that contain
Indian refiners are using Russian insurance for oil cargoes priced above $60 per barrel, bypassing the G7 price cap. Russian firms insured 60% of thes
India plans to launch a new oil and gas exploration licensing round early next year, a source from the oil ministry said.
The government has approved a joint venture between NPCIL and NTPC to construct four 700 MWe nuclear power plants at Mahi Banswara in Rajasthan. The n
Torrent Power Limited has received a Letter of Intent from Maharashtra State Electricity Distribution Co. Limited for a 1,500 MW/12,000 MWh pumped hyd
Reliance Power has also settled all disputes with CFM Asset Reconstruction Private Limited (CFM). 100% shares of VIPL have been pledged in favour of C
India plans to expand its nuclear power capacity over the next two decades to meet energy security and climate goals. The country is building new reac
Kenya has granted a $1.3 billion public-private partnership concession to India's Adani Group and Africa50, a unit of the African Development Bank, to
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
