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ONGC has started commercial crude oil production at Ashoknagar in West Bengal. The first consignment reached Haldia, with more wells planned to boost output.
Bengal’s Oil Story Begins: ONGC Starts Commercial Production at Ashoknagar Read More
Amid rising tensions in the Strait of Hormuz, Venezuela has become India’s third-largest crude oil supplier as New Delhi diversifies energy imports to reduce dependence on volatile Middle East routes.
Venezuela Becomes India’s 3rd Largest Oil Supplier Amid Strait of Hormuz Tensions Read More
India and the UAE (ADNOC) have signed a major energy agreement allowing Abu Dhabi to store up to 30 million barrels of crude oil in India’s strategic petroleum reserves, boosting energy security amid global market uncertainty.
UAE’s ADNOC to Store 30 Million Barrels of Crude Oil in India Read More
Oil prices plunge over 13% and global markets surge after Iran reopens the Strait of Hormuz, easing supply fears amid ceasefire signals.
Oil Prices Crash 13%, Markets Rally as Iran Reopens Strait of Hormuz Read More Oil prices soar above $103 per barrel after US President Donald Trump announces a naval move targeting Iran-linked shipping in the Strait of Hormuz, shaking global markets and triggering fresh supply fears.
Crude Oil Jumps 8% Above $103 After US Targets Iran-Linked Vessels Read More Oil prices plunge and global markets rally after the US-Iran two-week ceasefire deal. Brent crude drops below $100 as easing tensions raise hopes for stability and renewed diplomacy.
Ceasefire Effect: Oil Slides, Stocks Jump After US-Iran Tensions Ease Read More
At least seven Russian oil tankers reroute from China to India amid Iran conflict disruptions in the Strait of Hormuz, boosting India’s energy security and easing supply shortages.
China-Bound Russian Crude Rerouted Mid-Voyage to India Amid Energy Crisis Read More
Two crude oil tankers carrying nearly three million barrels of Saudi and Iraqi crude have reached India after navigating the conflict-hit Strait of Hormuz, easing concerns over energy supply disruptions.
Two Oil Tankers Reach India After Crossing Tense Strait of Hormuz Amid Middle East Conflict Read More
Russia is ready to divert about 9.5 million barrels of crude oil to India to offset potential Middle East supply disruptions, with tankers near Indian waters capable of delivering cargo within weeks.
Russia Ready to Divert 9.5 Million Barrels of Oil to India Amid Middle East Supply Disruptions Read More
Vedanta Chairman Anil Agarwal urges India to boost domestic energy production and reduce import dependence, highlighting risks from global volatility and the need for self-reliance.
India Must Pursue Energy Independence Amid Global Volatility: Anil Agarwal Read More