Search For "crude oil"
India will achieve 20% blending target next month: Union Minister for Petr
Updated : 1 year, 2 months ago IST
Puri said, "Our target was to achieve 20 per cent blending by 2030, we postponed the target to 2025 and now we will probably do 20 per cent blending of biofuel by next month."
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ONGC onboards technical services provider for enhancing production from Mu
Updated : 1 year, 2 months ago IST
Being the National Oil Company (NOC), ONGC plays a crucial role, contributing around 75 per cent of the country's domestic crude oil and natural gas production.
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India's increasing oil demand attracting global players: S&P Global Co
Updated : 1 year, 2 months ago IST
India is ending 2024 with its oil demand growth rate surpassing neighbouring China's, a trend expected to spill over to the next year, according to S&P Global Commodity Insights. India has become one of the fastest-growing fuel consumption centres.
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India to drive global oil demand growth till 2035: IEA Report
Updated : 1 year, 3 months ago IST
India is set to lead global oil demand growth until 2035, according to a recent report by the International Energy Agency (IEA).
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Market ahead: Investors to focus on US Fed decision, FII inflows, global c
Updated : 1 year, 3 months ago IST
The participants in the Indian stocks markets will closely monitor various India Purchasing Managers' Index (PMI) of HSBC, US Fed interest rate decisions, foreign fund crude oil prices, and the action of newly appointed Reserve Bank of India (RBI) Governor, Sanjay Malhotra, according to t
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Dependence on traditional fuels would be 30% by the time India turns 100:
Updated : 1 year, 3 months ago IST
India's dependence on traditional fossil fuel-based energy will come down to 30 per cent by the time the country turns 100th, petroleum and natural gas minister Hardeep Puri said on Friday.
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Gujarat Natural Resources Limited Rs. 48.15 Crore Rights Issue to Open On
Updated : 1 year, 3 months ago IST
New Delhi [India], December 11: The Rights Issue of Gujarat Natural Resources Limited (BSE: 513536), a leading company in the upstream oil & gas sector in India, will open on December 12 and close on December 20. Gujarat Natural Resources Limited (GNRL), incorporated on August 23, 1991,
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Policy overhaul, windfall tax removal to draw in global oil companies in I
Updated : 1 year, 3 months ago IST
India's move to broaden the scope of its exploration policy beyond petroleum and natural gas while lately abolishing a windfall tax on domestically produced crude oil will likely draw in private and foreign entities to the upstream energy sector, according to S&P Global Commodity Insight
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Centre allows Adani Krishnapatnam Port to import petroleum products
Updated : 1 year, 3 months ago IST
The central government has allowed the Adani Group-owned port at Krishnapatnam in Andhra Pradesh to import petroleum into India by sea in public interest.
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Trump 2.0 to see reduction in global wars, lesser geo political uncertaint
Updated : 1 year, 3 months ago IST
After the Donald Trump's re-election as the U.S. President, Trump 2.0 is likely to see some reduction in global wars, lesser geo political uncertainty and stable crude prices, according to a report by by stockbroking firm Prabhudas Lilladher.
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Russia is now largest supplier of crude oil to India, accounts for over 35
Updated : 1 year, 3 months ago IST
Speaking at the FIPI Oil and Gas Awards Ceremony, the minister highlighted the dramatic shift in India's oil sourcing over the past two years, with Russian oil imports surging from a mere 0.2 per cent in February 2022 to consistently occupying the top spot in recent months.
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Rupee touches new low for the fifth straight session on Tuesday
Updated : 1 year, 4 months ago IST
This level, indicative of persistent challenges for the rupee, reflects an ongoing struggle against strong dollar demand, high crude oil prices, and considerable foreign institutional outflows.
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