Latest Oil and Gas sector News & Updates

Mumbai, July 15 (IANS) India’s benchmark equity indices ended in the green on Wednesday after a volatile trading session, with gains in banking and financial services stocks helping the markets overcome weakness in metal, information technology and realty shares.The Sensex rose 130.49 points, or 0.17 per cent, to settle at 77,185.43, while the Nifty advanced 26.45 points, or 0.11 per cent, to close at 24,074.85.Commenting on Nifty technical outlook, experts said that strong buying interest aroun…

Kolkata, June 30 (IANS) India successfully cushioned consumers from the impact of the Gulf crisis through proactive policy decisions, strategic infrastructure expansion and sustained diplomatic efforts that ensured uninterrupted energy supplies, former Joint Secretary in the Ministry of Petroleum and Natural Gas Vivek Kumar said on Tuesday.Speaking to IANS here, Kumar said India responded differently from several other countries during the crisis.Drawing a comparison with a neighbouring country,…

New Delhi, June 5 (IANS) Union Minister for Petroleum and Natural Gas Hardeep Singh Puri met Acting President of Venezuela Delcy Eloína Rodríguez Gómez here to discuss opportunities for an enduring energy partnership, an official statement said on Friday.The minister reaffirmed India’s support for Venezuela’s energy reconstruction adding that Indian companies are ready to deepen their presence in Venezuela.Recognising Venezuela’s key role in India’s energy diversification strategy, he…

Mumbai, Jan 31 (IANS) The Indian equity benchmarks gained around 1 per cent during the week, though the trading sessions were volatile but with a cautiously constructive tone amid mixed global cues and rising geopolitical tensions.Risk appetite weakened toward the end of the week ahead of the Union Budget 2026-27, with volatility resurfacing amid sustained FII outflows and rupee depreciation leading to losses in the last trading session.Nifty added 1.09 per cent during the week and dipped 0.39 p…

Mumbai, Jan 19 (IANS) The Indian benchmark indices opened the week in the red zone on Monday, tracking weak global cues after geopolitical trade tensions rose due to US administration’s comments of additional tariffs on European countries.As of 9.30 am, Sensex lost 449 points, or 0.54 per cent to reach 83,120 and Nifty declined 148 points, or 0.58 per cent to 25,546.Main broadcap indices performed in line with benchmark indices, with the Nifty Midcap 100 losing 0.42 per cent, and the Nifty Small…

Gandhinagar, Jan 16 (IANS) Gujarat is poised for a major industrial leap forward, with more than 6.26 lakh new jobs expected to be created across the state following a record number of investment commitments at the recent Vibrant Gujarat Regional Summit held in Rajkot. Briefing the media after the state cabinet meeting chaired by Chief Minister Bhupendra Patel, government spokesperson and minister Jitu Vaghani shared detailed outcomes of the two-day summit.According to Vaghani, the Kutch–Saura…