Oil & gas

US allegations force TotalEnergies to defer investments in Adani Group

26 Nov 2024

In signs that the US Justice Department’s accusation of corruption by the Adani Group has its intended impact elsewhere

RIL to invest Rs65,000 cr in 500 biogas plants in Andhra Pradesh

12 Nov 2024

Reliance Industries Ltd (RIL) will be setting up 500 plants to produce compressed biogas across Andhra Pradesh, at an estimated cost of Rs65,000 crore, over the next five years.

China's Sinopec signs 15-year LNG term contract with TotalEnergies

05 Nov 2024

French oil major TotalEnergies on Monday announced the signing of a long-term LNG supply contract with China’s Sinopec, under which Total will supply Sinopec 2 million tonnes

Chevron Canada to sell assets to Canadian Natural Resources for $6.5 bn

10 Oct 2024

US multinational oil and energy group Chevron Corporation on Tuesday announced plans to sell its Canadian assets in the Athabasca oil sands and Duvernay shale formation to Canadian Natural Resources

Hydrogen use to help lower India’s oil imports by Rs1 lakh crore by 2030

12 Sep 2024

India’s Green Hydrogen Mission has set a target of 5 million tonne annual production of green hydrogen by 2030, which would help reduce the country’s fossil fuel imports by Rs1 lakh crore

QatarEnergy to double urea output, solar power generation by 2030

02 Sep 2024

State-owned QatarEnergy is embarking on a major expansion and diversification programme, which includes doubling annual production of urea and scaling up its solar power production capacity with a new 2,000

Reliance Industries proposes 1:1 bonus issue

02 Sep 2024

Reliance Industries on Thursday announced that its board of directors are meeting on 5 September to consider an issue of bonus shares in the ratio of 1:1.

Chevron to invest $1billion in Bengaluru tech centre

22 Aug 2024

US energy giant Chevron has announced plans to invest $1 billion (around Rs8,390 crore) to set up a center of excellence for engineering and innovation in Bengaluru.

ONGC gets govt nod for Rs18,365-cr investment in ONGC Petro additions Ltd

13 Aug 2024

Oil and Natural Gas Corporation (ONGC) has received approval from the ministry of petroleum and natural gas for its planned Rs18,365-crore investment in ONGC Petro-additions Limited (OpaL).

OMCs' FY24 combined profit rises over 25-fold to Rs86,000 cr

11 May 2024

India’s state-owned oil marketing companies (OMCs) have reported a 25-fold increase in their combined profit, at Rs86,000 crore, for the financial year 2023-24

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