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US tariff effect: Shell says uncertainty a big threat

“The primary effect is on our supply chain. It becomes more expensive and for a company like Shell ...

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Cambay basin loss not to have big impact on Vedanta: Analysts

For fiscal 2025, Cambay had an average daily gross operated production of 5.1 kboepd, which is about 5% ...

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Ultra Gas & Energy to invest Rs 900 crore to expand LNG retail network

Essar group’s Ultra Gas & Energy Ltd will invest Rs 900 crore. The investment aims to expand its ...

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Navratri boost: Centre to distribute 25 lakh free LPG connections under PM Ujjwala Yojana, says Hardeep Singh Puri

Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, on Monday announced that the Centre will distribute ...

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ONGC, OIL aim to launch Rs 3,200 cr stratigraphic drilling campaign next year

ONGC and Oil India Ltd. plan a Rs 3,200 crore stratigraphic drilling campaign in early 2026 to discover ...

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Bitumen demand surges 47% in August as road construction activity picks up

Bitumen demand in India rebounded sharply in August, surging 47% after a monsoon-induced slump in previous months, driven ...

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Oil India signs pact with RVUNL for 1.2 GW green energy projects in Rajasthan

Oil India Limited (OIL) and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) have partnered to develop 1.2 GW ...

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Citi sees Brent crude at $60 by year-end as OPEC+ ramps up production

Citi analysts predict a drop in Brent crude oil prices. Prices may hit $60 per barrel by year-end. ...

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Oil India makes a splash in Russia, but won't get its hand on the money just yet

Oil India Ltd. has received substantial dividends from its Russian investments, totaling $942 million, exceeding 91% of the ...

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Oil India eyes cost optimisation as crude outlook darkens

Oil India is implementing cost-cutting measures amid softening crude prices, including optimizing logistics and manpower. The company aims ...

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