Search For "oil"
Global Oil & Gas majors credit success of global capability centres to
Updated : 1 year, 1 month ago IST
These insights emerged on the third day of India Energy Week 2025 during a session titled "India's Global Capability Centres -- Harnessing the evolution of Oil & Gas R&D". Industry leaders from ExxonMobil, Shell, Chevron, bp, and SLB shared their experiences.
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Crude prices to remain unaffected by US tariff threat, supply chain disrup
Updated : 1 year, 1 month ago IST
Amid the ongoing tariff threat from the US President Donald Trump, the crude oil prices will not be affected by it, says A S Sawhney, Chairman of Indian Oil Corporation Ltd (IOCL).
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India buys crude from clean entities, no embargo on Russian oil, says IOCL
Updated : 1 year, 1 month ago IST
India continues to purchase crude oil from various global suppliers while ensuring compliance with international sanctions, according to A S Sawhney, Chairman of Indian Oil Corporation Ltd (IOCL).
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Brazil's Petrobras looking to partner with Indian oil firms for trade, ene
Updated : 1 year, 1 month ago IST
Brazil's state-run oil company, Petrobras, is looking to strengthen ties with Indian oil firms by exploring opportunities for trade and collaboration.
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"No there's no such expectation...': Hardeep Puri on oil purchases from Ru
Updated : 1 year, 1 month ago IST
Meanwhile, Pavel Sorokin, Russia's Deputy Minister of Energy, on Tuesday said trade relations with India are based on pragmatism and mutual respect.
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Agriculture Minister Shivraj Singh Chauhan approves extension of procureme
Updated : 1 year, 1 month ago IST
Under the extended timelines, soybean procurement has been extended by 24 days in Maharashtra and 15 days in Telangana, while groundnut procurement will continue for an additional 25 days in Karnataka and 6 days in Gujarat. This move is expected to provide greater market access and price sta
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Govt launches 10th bidding round for Oil and gas assets under OALP at Indi
Updated : 1 year, 1 month ago IST
In continuation of the accelerated E&P activities and adhering to the prescribed timelines, the minister announces the OALP Bid Round-X. This is the largest bid round in terms of acreage offered in a single OALP bid round under the HELP regime.
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Oil and Gas to remain crucial despite rise of renewable energy says Hardee
Updated : 1 year, 1 month ago IST
Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, on Tuesday emphasized that oil and gas will continue to play an important role in the energy sector, even as renewable energy becomes the dominant source.
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Patanjali Foods reports highest quarterly standalone revenue in Q3FY25; a
Updated : 1 year, 1 month ago IST
Patanjali Foods Limited reported "highest ever quarterly standalone revenue from operations" in Q3FY25 and a 48.79 per cent increase in EBITDA on a year-on-year basis.
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Today there's more oil in market than takers: Union Minister Hardeep Puri
Updated : 1 year, 1 month ago IST
"India has diversified its sources of Oil supply, earlier we were importing crude oil from 27 countries now we are importing from 39 countries. If I can buy some from some source and I can buy it at a cheaper price, we are the winners," the Union Minister said in a BBC interview.
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India's oil demand to peak later than in other major economies: S&P Gl
Updated : 1 year, 1 month ago IST
India's refined crude demand will peak later than in other major economies, placing the country in the spotlight driving this demand, according to S&P Global Commodity Insights.
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IEA, OPEC will share insights on oil market during India Energy Week
Updated : 1 year, 1 month ago IST
IEW 2025 is scheduled to take place from February 11-14 in New Delhi's Yashobhoomi.
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