Search result for 'oil production'

Cairn Oil & Gas Signs Drilling Rig Contract with Parker Wellbore

April 1, 2025 14:58

Cairn Oil & Gas has signed a contract with Parker Wellbore to deploy a high-performance drilling rig in Rajasthan, boosting oil and gas production in India. The move aligns with Cairn's ambitious...

Cairn Oil & Gas Partners with TechnipFMC for Deepwater Exploration

March 12, 2025 19:36

Cairn Oil & Gas has signed a strategic alliance with TechnipFMC to accelerate the delivery of integrated subsea infrastructure for future deepwater projects in India. The collaboration leverages...

ONGC's Mumbai High Sees Redemption in BP Deal

February 9, 2025 11:14

ONGC partners with BP to revitalize Mumbai High oilfield, aiming to increase production by 44% for oil and 89% for gas. BP will provide technical expertise and receive a share of revenue, reversing...

ONGC Q3 Profit Drops 17% on Lower Oil Prices

January 31, 2025 20:45

ONGC's net profit declined 16.7% in Q3 FY25 due to lower crude oil prices. The company also saw a fall in gross revenue, but managed to increase crude and gas production.

Puri Oil Mills Seeks PLI, Export Push in Budget

January 28, 2025 13:18

Puri Oil Mills urges government support for mustard oil sector in Union Budget, seeking PLI, export incentives, and a development board to boost domestic production and global reach.

US Sanctions Russian Energy Sector, 2 Indian Firms Named

January 10, 2025 22:54

The US has imposed sanctions on two Indian companies for allegedly violating American sanctions on Russia by transporting LNG. The sanctions target over 200 entities and individuals, aiming to...

ONGC Stock Surges 3% After BP Wins Mumbai High Bid

January 8, 2025 17:36

ONGC shares rallied 3% on Wednesday after BP Plc won a bid to increase production at the Mumbai High oil and gas field, leading to a significant rise in the company's market valuation.

Oil Palm Cultivation: Centre Urges States to Prioritize Targets

January 6, 2025 18:48

India's Agriculture Minister urges states to prioritize oil palm cultivation targets under the National Mission on Edible Oils - Oil Palm (NMEO-OP) scheme, focusing on addressing bottlenecks and...

Vedanta to Boost Production: Anil Agarwal on Oil, Zinc Plans

November 16, 2024 20:21

Vedanta Chairman Anil Agarwal outlines plans to increase production across segments, including crude oil and zinc, aiming to boost output at Hindustan Zinc, Cairn Oil & Gas, and aluminum smelters.

Global Oil Market to Calm on Increased Production: Puri

November 14, 2024 15:43

India's Petroleum Minister Hardeep Singh Puri predicts oil market stability with increased production from the US, Canada, and other western countries. He expects OPEC+ to review production cuts...

ONGC Net Profit Rises 17% in Q2 on Lower Levies

November 11, 2024 19:22

ONGC's net profit surged 17% in Q2 FY25, driven by lower windfall tax and other levies. The company also saw increased crude oil production and a slowdown in gas production decline.

Vedanta Resources Cuts Debt by USD 4.7 Billion: Anil Agarwal

November 10, 2024 12:57

Vedanta Resources, parent firm of Vedanta Ltd, has reduced its debt by USD 4.7 billion in two years, driven by financial discipline and record EBITDA. Chairman Anil Agarwal outlines plans for...

Malaysia Palm Oil Exports to India: MPOC Chief Remains Optimistic

October 9, 2024 11:37

Despite India's import duty hike, Malaysia remains optimistic about palm oil exports, citing a strong trade relationship and growing demand. MPOC Chairman Dato Carl Bek Nielsen discusses the...

Malaysia Calls India's Palm Oil Duty Hike 'Temporary'

October 8, 2024 15:49

Malaysia's plantation minister dismisses India's recent hike in palm oil import duty as a temporary aberration, emphasizing the strong demand for the commodity and the continued partnership between...

Mustard Oil: A Culinary & Health Staple in India

October 7, 2024 13:54

Explore the versatility of mustard oil, from its use in traditional Indian cooking to its health benefits. Learn why it's a popular choice for chefs and home cooks alike.

Oil India to Invest Rs 25,000 Crore for Net Zero by 2040

September 14, 2024 19:09

Oil India Ltd plans to invest Rs 25,000 crore in clean energy projects to achieve net zero carbon emissions by 2040, including renewable energy, green hydrogen, and biogas plants.

EIL Eyes More Middle East Orders: Abu Dhabi Office Expansion

September 11, 2024 18:44

Engineers India Ltd (EIL) is expanding its Abu Dhabi office to capitalize on increased orders from the Middle East, particularly in oil and gas projects. The company is also diversifying into new...

India Seeks Import Duty Hike for Edible Oil Self-Sufficiency

August 28, 2024 22:16

Niti Aayog proposes raising import duty on edible oils to boost domestic production and make India self-sufficient in edible oil production.

ONGC Boosts Oil Production with New Well in KG Field

August 25, 2024 13:09

ONGC opens a new well in the KG-D5 block, increasing oil and natural gas production, aiming to reach peak output by 2025.

Godrej Industries to Raise Rs 3,000 Cr Through Debt Instruments

August 12, 2024 18:27

Godrej Industries plans to raise up to Rs 3,000 crore through issuance of debt instruments, seeking shareholder approval for the move. The funds will be used for business purposes, investments, and...

Palm oil body urges HUL to reconsider plans to cut palm oil content in soaps

June 18, 2024 16:14

The Asian Palm Oil Alliance (APOA) has urged Hindustan Unilever (HUL) to reconsider plans to reduce palm oil content in its soaps, warning of negative impacts on palm oil farmers.

BPCL to Build New Refinery: India Eyes Oil Deals with Russia

June 11, 2024 18:56

India's BPCL plans a new refinery as the country seeks to meet rising fuel demand and secure oil deals with Russia. Minister Hardeep Singh Puri outlines energy priorities for Modi 3.0, including...

ONGC Profit Soars 19x in Q4, Records Highest FY24 Earnings

May 21, 2024 14:26

ONGC's net profit surged 19 times in Q4 FY24, driven by a one-time provision in the previous year. The company also reported record earnings for the full fiscal, with a consolidated net profit of...

India's Crude Oil Import Bill Drops, Dependency Rises

April 17, 2024 16:40

India's crude oil import bill fell 16% in FY24, but import dependency reached a new high. Domestic production remained stagnant while import reliance soared to 87.7%.

India's Exports Grow to Europe & Latin America in 2023

April 5, 2024 16:14

India's merchandise exports registered healthy growth in 2023 to European nations like Romania, Austria and Latin American countries like Guatemala, despite global headwinds.

Yellen in China: Trade, Green Tech, &amp;amp; Competition

April 4, 2024 18:49

US Treasury Secretary Janet Yellen visits China for talks on trade, green energy subsidies, and managing economic competition between the world's two largest economies.

PM Flags Off 1st Crude Oil From ONGC's KG Project

March 2, 2024 20:45

Prime Minister Narendra Modi flagged off the first crude oil tanker from ONGC's KG deepwater project, which will add 7% to India's oil and gas production at peak. The project, located in Andhra...

Lift Export Ban on De-oiled Rice Bran: SEA Urges Govt

March 1, 2024 18:50

The Solvent Extractors Association of India (SEA) has urged the government to lift the export ban on De-oiled Rice Bran (DORB), arguing that it hasn't reduced milk prices but has negatively...

ONGC's Mumbai High: 50 Years of Oil Production

February 19, 2024 17:32

Mumbai High, India's largest oilfield, celebrates 50 years of production, contributing significantly to the country's energy needs. Learn about its history, impact, and future.

ONGC Q3 Profit Drops 14% on Lower Oil Prices

February 11, 2024 13:35

ONGC's Q3 profit fell 14% to Rs 9,536 crore due to lower oil and gas prices. Crude oil production also declined.

India to Overtake China as Oil Demand Growth Center by 2027: IEA

February 7, 2024 15:56

India's oil demand will surge, overtaking China as the biggest driver of global oil demand by 2027, driven by transportation and industry growth, despite clean energy initiatives, according to the...

Vedanta to Invest USD 4 Billion to Double Oil Production

February 6, 2024 16:17

Vedanta chairman Anil Agarwal outlines a USD 4 billion investment plan to double oil production in India over the next three years, targeting 300,000 barrels per day.

President Murmu: Farmers Received Rs 18 Lakh Crore MSP in 10 Years

January 31, 2024 15:10

President Droupadi Murmu highlights the Indian government's focus on farmer welfare, with nearly Rs 18 lakh crore disbursed as MSP for wheat and paddy in the last decade.

Farmers Get Rs 18 Lakh Crore MSP in 10 Years: President Murmu

January 31, 2024 14:45

President Murmu highlights government's focus on profitable farming, with Rs 18 lakh crore MSP for wheat & paddy, Rs 1.25 lakh crore for oilseeds & pulses in last 10 years.

India's Renewable Energy Soars: 188GW Capacity, Solar Up 26 Times - Prez Murmu

January 31, 2024 14:03

President Droupadi Murmu highlights India's rapid growth in renewable energy, with capacity exceeding 188GW and solar power increasing 26 times in a decade. This aligns with India's ambitious...

Aramco Won't Increase Oil Production Despite Government Order

January 30, 2024 15:34

Saudi Aramco has declined to increase its oil production despite an order from the Energy Ministry, citing no reason. This decision comes as oil prices have fallen in recent months due to soft demand.

Shell Sells Nigeria Oil Business: Activists Demand Cleanup

January 16, 2024 23:30

Shell is selling its onshore Nigerian oil business for $2.4 billion, but activists are demanding environmental cleanup before approval. The sale comes amid concerns over oil spills in the Niger Delta.

ONGC Starts Oil Production from Deep-Water Project

January 8, 2024 14:56

ONGC has begun oil production from its delayed USD 5 billion deep-water project in the Krishna Godavari basin. The project is expected to increase ONGC's oil and gas production significantly.

ONGC Starts Oil Production from Deep-Water Project

January 8, 2024 10:07

ONGC has commenced oil production from its delayed deep-sea project in the Krishna Godavari basin, boosting output after years of decline. The project, which was initially slated for November 2021,...

Libya Suspends Oil Production at Sharara Field Due to Protests

January 8, 2024 00:34

Libya's largest oil field, Sharara, has been shut down after protesters forced its closure, citing fuel shortages. The National Oil Corp. declared force majeure, suspending crude oil supplies to...

ONGC Aims for Zero Methane Emissions by 2030

January 1, 2024 16:15

ONGC seeks partners to reduce gas flaring and achieve zero methane emissions by 2030 as part of its decarbonization plan. The company also plans to invest in renewable energy and green ammonia...

India's Core Sector Growth Slows to 7.8% in Nov

December 29, 2023 20:54

India's core sector growth slowed to 7.8% in November, a six-month low, due to a decline in crude oil and cement production. Coal, fertilizer, steel, and electricity output also decreased.

COP28 Climate Talks Stalemated on Fossil Fuel Phase-Out

December 12, 2023 16:16

The COP28 climate summit is facing a stalemate over fossil fuels, with some countries pushing for a phase-out while others resist. The final agreement remains uncertain as negotiators scramble to...

ONGC Cuts Gas Flaring, Uses Green Power at Oil Wells: CEO

December 6, 2023 16:53

ONGC, India's top oil & gas producer, is reducing gas flaring & using green electricity at oil wells as part of its decarbonization program. The company aims to achieve net-zero carbon emissions by...

ONGC to Start Oil Production in KG Basin in May 2024

December 4, 2023 15:11

ONGC's KG-DWN-98/2 project in Krishna Godavari basin will start commercial oil production in May 2024, the Rajya Sabha was informed.

IOC Raises Panipat Refinery Cost, Delays Completion

December 3, 2023 11:50

Indian Oil Corporation (IOC) has increased the cost of expanding its Panipat refinery by 10% to Rs 36,225 crore and pushed back the completion deadline to December 2025.

Saudi Arabia Extends Oil Cut to Boost Prices

November 30, 2023 22:46

Saudi Arabia extends its oil production cut through Q1 2024 in an effort to raise prices, despite OPEC+ reductions failing to achieve the desired outcome. The move benefits US drivers with lower...

OPEC+ Struggles to Agree on Oil Cuts Amid Price Tumble

November 30, 2023 20:13

OPEC+ members struggle to agree on oil production cuts as prices fall despite efforts to prop them up, impacting economies and the global oil market.

OPEC+ Struggles to Cut Oil Production as Prices Tumble

November 30, 2023 10:49

OPEC+ nations are struggling to agree on oil production cuts despite falling prices, raising concerns about their ability to influence the market.

India Monitors Global Energy Situation Amidst Crises - Puri

November 1, 2023 21:29

India, the world's third-largest energy consumer, is closely monitoring the global energy situation amidst geopolitical crises, Oil Minister Hardeep Singh Puri said, expressing hope of navigating...

Company Name
Price
Volume

Vodafone Idea L
8.10 (+ 18.94)
352105814

GTL Infrastructure
1.50 (+ 7.14)
20982285

G G Engineering
0.90 (+ 11.11)
20091512

AvanceTechnologies
0.54 ( -8.47)
18780688

YES Bank Ltd.
17.33 (+ 2.61)
14468025

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Search result for 'oil production'

Cairn Oil & Gas Signs Drilling Rig Contract with Parker Wellbore

Cairn Oil & Gas Partners with TechnipFMC for Deepwater Exploration

ONGC's Mumbai High Sees Redemption in BP Deal

ONGC Q3 Profit Drops 17% on Lower Oil Prices

Puri Oil Mills Seeks PLI, Export Push in Budget

US Sanctions Russian Energy Sector, 2 Indian Firms Named

ONGC Stock Surges 3% After BP Wins Mumbai High Bid

Oil Palm Cultivation: Centre Urges States to Prioritize Targets

Vedanta to Boost Production: Anil Agarwal on Oil, Zinc Plans

Global Oil Market to Calm on Increased Production: Puri

ONGC Net Profit Rises 17% in Q2 on Lower Levies

Vedanta Resources Cuts Debt by USD 4.7 Billion: Anil Agarwal

Malaysia Palm Oil Exports to India: MPOC Chief Remains Optimistic

Malaysia Calls India's Palm Oil Duty Hike 'Temporary'

Mustard Oil: A Culinary & Health Staple in India

Oil India to Invest Rs 25,000 Crore for Net Zero by 2040

EIL Eyes More Middle East Orders: Abu Dhabi Office Expansion

India Seeks Import Duty Hike for Edible Oil Self-Sufficiency

ONGC Boosts Oil Production with New Well in KG Field

Godrej Industries to Raise Rs 3,000 Cr Through Debt Instruments

Palm oil body urges HUL to reconsider plans to cut palm oil content in soaps

BPCL to Build New Refinery: India Eyes Oil Deals with Russia

ONGC Profit Soars 19x in Q4, Records Highest FY24 Earnings

India's Crude Oil Import Bill Drops, Dependency Rises

India's Exports Grow to Europe & Latin America in 2023

Yellen in China: Trade, Green Tech, &amp;amp;amp; Competition

PM Flags Off 1st Crude Oil From ONGC's KG Project

Lift Export Ban on De-oiled Rice Bran: SEA Urges Govt

ONGC's Mumbai High: 50 Years of Oil Production

ONGC Q3 Profit Drops 14% on Lower Oil Prices

India to Overtake China as Oil Demand Growth Center by 2027: IEA

Vedanta to Invest USD 4 Billion to Double Oil Production

President Murmu: Farmers Received Rs 18 Lakh Crore MSP in 10 Years

Farmers Get Rs 18 Lakh Crore MSP in 10 Years: President Murmu

India's Renewable Energy Soars: 188GW Capacity, Solar Up 26 Times - Prez Murmu

Aramco Won't Increase Oil Production Despite Government Order

Shell Sells Nigeria Oil Business: Activists Demand Cleanup

ONGC Starts Oil Production from Deep-Water Project

ONGC Starts Oil Production from Deep-Water Project

Libya Suspends Oil Production at Sharara Field Due to Protests

ONGC Aims for Zero Methane Emissions by 2030

India's Core Sector Growth Slows to 7.8% in Nov

COP28 Climate Talks Stalemated on Fossil Fuel Phase-Out

ONGC Cuts Gas Flaring, Uses Green Power at Oil Wells: CEO

ONGC to Start Oil Production in KG Basin in May 2024

IOC Raises Panipat Refinery Cost, Delays Completion

Saudi Arabia Extends Oil Cut to Boost Prices

OPEC+ Struggles to Agree on Oil Cuts Amid Price Tumble

OPEC+ Struggles to Cut Oil Production as Prices Tumble

India Monitors Global Energy Situation Amidst Crises - Puri

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