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'No-go' area of 10 lakh sq km cut by 98%: PM bats for oil, gas exploration

Updated on Feb 6, 2023 13:14 IST

PM Modi inaugurated the first edition of the India Energy Week 2023 in Bengaluru (ANI Photo)

US Fed hikes rates: Oil prices rise, dollar slumps

A dealer counts US dollars at a money exchange market in Karachi. (File)

Published on Feb 2, 2023 01:58 IST

India's Russian oil imports highest ever, makes up for 25% of all oil import

Russian oil imports have boosted since the Ukraine war broke out.

Updated on Jan 15, 2023 10:14 IST

Windfall tax on crude, aviation fuel slashed

representative image

Published on Dec 16, 2022 03:38 IST

Russia remains India's top oil supplier for second month in a row in Nov: Report

Prime Minister Narendra Modi shakes hands with Russian President Vladimir Putin.

Published on Dec 11, 2022 10:18 IST

Russia will not sell oil subject to Western cap: Putin's aide

$60 price cap on Russian crude oil is Russian crude above the cap is an attempt to punish Putin for the Ukraine conflict.

Published on Dec 4, 2022 15:11 IST

OPEC+ group to keep production unchanged even after sanctions on Russian oil

An OPEC sign seen on the day of OPEC+ meeting that was scheduled to take place in Vienna.

Published on Dec 4, 2022 13:28 IST

Europe will live without Russian oil: Kremlin official on G7 nations' price cap

G7 countries enforced $60 price cap on Russian oil.

Published on Dec 3, 2022 15:14 IST

Zelenskiy's aide wants price cap on Russian oil lowered to $30 a barrel

The G7 and Australia have agreed a $60 per barrel price cap.

Published on Dec 3, 2022 09:20 IST

India to continue buying Russian oil: Report

Prime Minister Narendra Modi shakes hands with Russian President Vladimir Putin.

Published on Dec 2, 2022 16:51 IST

Explained: What will be the impact of EU's ban and price cap on Russian oil?

An oil tanker is moored at the Sheskharis complex, in Novorossiysk, Russia, one of the largest facilities for oil and petroleum products in southern Russia.

Updated on Dec 2, 2022 14:01 IST

Aramaco, Saudi oil giant, records $42.4B profit in third quarter

It put its profits so far in 2022 at $130.3 billion, compared to $77.6 billion in 2021

Published on Nov 1, 2022 09:37 IST

‘Moral duty to Indians’: Minister snubs CNN, defends purchase of Russian oil

Union petroleum and natural gas minister Hardeep Singh in an interview with CNN's Becky Anderson.

Published on Nov 1, 2022 08:42 IST

Oil prices continue to climb on strong crude demand, weaker dollar

Oil prices continue to climb on strong crude demand, weaker dollar

Published on Oct 27, 2022 03:19 IST

India slashes base import price of palm oil, gold: Report

India is the world's biggest importer of edible oils and silver and the second-biggest consumer of gold.

Published on Oct 3, 2022 01:57 IST

Blinken lauds PM's war remark, clears air on F16 sale to Pak in presser with EAM

EAM S Jaishankar and US Secretary of State Antony Blinken address a joint presser on Tuesday. (ANI)

Updated on Sep 27, 2022 17:38 IST

Russia to flood Asia with fuels as Europe ramps up sanctions

India and China took a combined 2.7 million barrels a day of Russian crude and products last month.

Published on Sep 20, 2022 05:01 IST

What global energy agency said on oil production, demand: ‘For now, China…’

International Energy Agency: Crude futures have tumbled almost 25% over the past three months.

Published on Sep 14, 2022 10:08 IST

G7 finance chiefs agree on Russian oil price

Representational image.

Published on Sep 2, 2022 15:23 IST

Oil at 6-month low, petrol at breakeven but no price cuts yet

Representational image.

Published on Aug 18, 2022 16:51 IST

Oil prices shoot above $95 per barrel ahead of OPEC+ meet

Representational image

Published on Aug 2, 2022 17:02 IST

Aviation fuel prices cut by 2.2%, only second reduction this year

(Representational, Credit: Reuters)

Updated on Jul 16, 2022 06:30 IST

Oil prices extend drop as recession fears cloud global demand outlook

Brent crude futures fell 71 cents to $99.98 a barrel by 0013 GMT.

Published on Jul 7, 2022 02:16 IST

Govt considers windfall tax on oil and gas giants

This is not the first time India is considering a windfall tax. Policymakers flirted with the idea in 2018, and before that in 2008, when oil prices were on a high, and many Indian oil producers made a killing. Both times, the idea was abandoned, after it was strongly opposed by private oil companies. (AFP)

Updated on May 27, 2022 24:10 IST

India's oil crisis rises: ONGC struggles to move Russian oil as sanctions bite

ONGC has a 20% stake in the Sakhalin 1 project that produces a Russian grade known as Sokol, which ONGC exports through tenders.

Published on Apr 27, 2022 01:00 IST

Cooking oil prices in India may spike on Indonesia's palm oil export ban: Report

A worker checks the quality of crude palm oil (CPO) in a state CPO processing unit at Indonesia's North Sumatra province May, 2012. REUTERS/Tarmizy Harva

Updated on Apr 23, 2022 09:54 IST

Russia offers India big discount on purchase of 15 million barrels of oil

Tthe Strategic Petroleum Reserve in Freeport, Texas, U.S. on June 9, 2016. REUTERS/Richard Carson/File Photo

Updated on Apr 1, 2022 07:29 IST

India's oil imports from US to rise by 11% amid criticism over Russia purchase

A pumpjack of Wintershall DEA extracts crude oil at an old oil field in Emlichheim, Germany, Friday, March 18, 2022. AP/PTI(AP03_19_2022_000010B)

Updated on Mar 19, 2022 08:35 IST

Here are some of the biggest protests Kazakhstan saw in the past decades

Troops are seen at the main square where hundreds of people were protesting against the government, after authorities' decision to lift price caps on liquefied petroleum gas, in Almaty,

Published on Jan 6, 2022 09:04 IST

Russia, allies send troops to help quell protests: Kazakh update

Dozens of anti-government protesters were killed by security forces, police said Thursday, after President Kassym-Jomart Tokayev ordered them to put down the demonstrations, which have drawn thousands.

Updated on Jan 6, 2022 09:06 IST

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