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Vedanta reports an oil block discovery in Krishna-Godavari basin

Mining company Vedanta limited on Wednesday informed the exchange that it has made an oil discovery in the Krishna-Godavari basin. The mining company has informed...
OIL

Amid concerns of US recession, Oil prices drop globally

Amid concerns of potential US recession, the crude oil prices dropped suddenly on Monday despite supply cut by the OPEC countries and sanctions imposed...

Brookfield to buy RIL owned EWPL in ₹13,000 crore deal

Canadian company Brookfield Asset Management is all set to acquire Reliance Industries Limited (RIL) run East West Pipeline (EWPL) in a ₹13,000 crore deal....
Crude Oil

Crude oil prices drops by over 1% amid increased US supply...

Crude oil prices plummeted by more than 1% on Friday alluding to a weak global economic outlook  after the warning of European Central Bank...
OIL

Amid supply cuts by OPEC countries, oil prices fluctuate near 2019...

Oil prices on Thursday hovered around its 2019 high amid high uncertainty due to US- China trade negotiations and Continued sanctions by the US...
Crude Oil

Aramaco eyeing on Indian crude oil industry is in talks with...

Saudi Aramco's CEO Amin Nassar, today said that the company is in talks with Mukesh Ambani led Reliance Industries Limited(RIL) for potential investment opportunities...
Crude Oil

After imposition of sanctions by US, India’s oil import from Venezuela...

Since the introduction of sanctions by the US president Trump, Oil export by Venezuela to India has skyrocketed and reached to 620,000 barrels per day,...
ONGC

ONGC net profit jumps 65% to ₹8263 Crores during Q3

State owned PSU, Oil and Natural Gas corporation (ONGC) on Thursday reported a 64.77% rise in its Year-on-Year profit, taking its quarter 3 profit...

Iran: President announces $47 billion annual budget, counters cruel US sanction

Iranian President Hassan Rouhani has on Tuesday, announced a $47 billion annual budget with also an increase spending on a lower budget groups, saying...
Reliance to enter Indian e-commerce with its new hybrid model

Reliance, Saudi Arabia in talks for petrochemicals and refinery project

Saudi Oil Minister Khalid al-Falih has said that Saudi Arabia and Mukesh Ambani's Reliance Industries are discussing joint investment in petrochemicals and refinery projects. Ambani...