The primary aim is to leverage the combined expertise, resources, and networks of all parties to secure a stable and reliable supply of these essential minerals. Through this cooperation, the parties intend to pursue mutually beneficial opportunities, achieve operational excellence, and ensu
State-owned enterprise Oil India Limited (OIL), a Maharatna CPSE, has declared its support for sustainable energy practices by signing up for the Oil and Gas Decarbonisation Charter (OGDC).
India's trade with Kuwait has surged remarkably, with Indian exports to the Gulf nation reaching an impressive USDS 2.10 billion in the fiscal year 2023-24, as per the official data by Ministry of Commerce and Industry.
Under the MoUs, financial assistance of Rs. 2.5 crore each will be provided as a part of CSR fund for the procurement of Hemo-Dialysis machines to treat advanced kidney failure patients, as per a release from the Chief Minister's Office.
The initiative aims to promote hydrogen and fuel cell technology for heavy-duty e-mobility, positioning the Indian Navy as a pioneer in evaluating this technology in collaboration with the company.
Union Minister Hardeep Singh Puri reviewed the overseas assets of India's energy sector which includes the foreign branches of the India PSUs. It includes majorly ONGC Videsh Ltd (OVL), Indian Oil Corporation Ltd (IOCL), Oil India Ltd (OIL), Bharat PetroResources Ltd (BPRL), GAIL India, and
Puri posted on X, "Reviewed the performance and future strategy of @OilIndiaLimited with senior management of the Maharatna CPSE which has registered a CAGR of @ 27% in the last 2 years and achieved highest ever crude oil and natural gas production of 6.53 MMTOE during FY 2023-24. India's
India's trade deficit faces limited near-term challenges from ongoing geopolitical uncertainties, though it remains an important area to monitor, says a recent outlook report by Crisil on India's trade deficit.
The report further highlights a broader trend of declining overall vegetable oil imports, with the overall import volume during the five months from November 23 to March 24 reported at 5,830,115 tons. This marks a significant decrease of 17 per cent compared to the same period in the previou
"Russian oil supplies to India are maintained at a steadily high level; no problems arise with determining means of payment for oil exported by Russia," Maria Zakharova, the official spokeswoman for the Russian Foreign Ministry, said at a briefing on Wednesday (Local Time).