Indian JV Makes Second Oil Discovery in Abu Dhabi Block
Urja Bharat, an IOC-BPCL joint venture, announces a second oil find in Abu Dhabi's Onshore Block 1, marking progress in India's energy self-sufficiency drive.
Category : Search result: oil discovery
Indian JV Makes Dual Oil Discoveries in Abu Dhabi Onshore Block
Urja Bharat, an IOCL-BPCL joint venture, finds oil at two wells in Abu Dhabi's Onshore Block 1, marking a significant step toward India's energy self-sufficiency goals.
Venezuela Sends 50M Barrels of Oil to US, Worth $4.2B
A massive shipment of 50 million barrels of Venezuelan crude oil, valued at $4.2 billion, is heading to the United States. Get the latest details on this significant energy development and its global implications.
Family Finds 3,000-Year-Old Bronze Age Treasure in Field
A family metal detecting in the English countryside unearthed a 3,000-year-old Bronze Age hoard of copper ingots. The discovery, now donated to a museum, sheds light on ancient trade. Read the full story.
India to Benefit from 2026 Oil 'Super-Glut', Lower Prices
A potential oil 'super-glut' in 2026, fueled by Venezuela's return and rising supply, promises lower crude prices. As a major importer, India stands to gain significantly. Read the full analysis.
3 Indian Oil Stocks to Benefit from US-Venezuela Shift
As US-Venezuela tensions ease, ONGC, Reliance, and Indian Oil Corp could see major gains. Discover how these stocks stand to benefit from potential sanction relief and oil industry restructuring.
US Plans Long-Term Control of Venezuelan Oil, Aims for $50/Barrel
The Trump administration is crafting a sweeping plan to dominate Venezuela's oil industry for years, aiming to lower global prices to $50 a barrel and counter Russian and Chinese influence. Read the full details.
US Needs Venezuela's Heavy Crude Despite Being Top Producer
Despite being the world's largest oil producer, US refineries rely on heavy crude from Venezuela, Canada & Mexico. Learn why the shale boom hasn't solved this dependency.
Trump: Venezuela to transfer up to 50M barrels oil to US
President Trump announces Venezuela's interim authorities will transfer 30-50 million barrels of oil to the US, to be sold at market price. Details on the deal's impact and revenue.
Oil Pipeline Bursts Twice in Assam's Dibrugarh, Spills Crude
An Oil India Limited pipeline in Dibrugarh's Tingkhong area ruptured twice within 12 hours, spilling crude oil onto farmlands and fish ponds. Locals report dead fish and fire risks. Read more on the environmental impact and OIL's response.
Trump's Venezuela Oil Strategy: Heavy vs Light Crude Explained
Discover the real reason behind US interest in Venezuela's oil reserves. It's not just about quantity, but the specific type of crude. Read the full analysis now!
World's Largest Oil Reserves 2025: OPEC Dominates
Venezuela holds the world's largest proven oil reserves in 2025. See where Saudi Arabia, Canada, Iran, and India rank in the global list. Key insights from OPEC's latest data.
Venezuela's Massive Oil Reserves Lead World, But Challenges Remain
Venezuela holds the world's largest proven oil reserves at 303 billion barrels, surpassing Saudi Arabia. Discover why this hasn't translated to economic prosperity and how oil still dominates global energy.
India's US crude imports jump 92%, Russia share dips
India's crude oil imports from the US soared over 92% in April-Nov 2025. Russia remains the largest supplier, but its share fell to 33.7%. Explore the shifting energy dynamics.
Expert: India's Edge in Venezuela Oil as Sanctions May Lift
Energy expert Narendra Taneja explains why Venezuela's vast oil reserves don't sway global prices yet, and the unique opportunity for experienced Indian firms when sanctions ease. Read more.
Venezuela Oil Revival Faces Hurdles, Won't Impact Prices Soon
Analysts say Trump's plan for US firms to rebuild Venezuela's oil sector won't move global prices near-term. Political instability & massive investment needs are key hurdles. Read more.
Venezuela, Iran Actions May Worsen 2026 Oil Glut
Geopolitical shifts in Venezuela and Iran could add to a projected 1.5-2 million barrel per day oil surplus in 2026, pressuring crude prices. Analysts warn scarcity fears are fading.
Indian Oil Buys Colombian Crude for First Time
Indian Oil Corp makes landmark Colombian crude purchase as Russia sanctions reshape global oil flows. Discover how India is diversifying its energy sources.
IEA: Low Crude Oil Prices to Continue Till 2026
The International Energy Agency forecasts a prolonged period of low crude oil prices due to a significant supply surplus and slowing demand growth. Discover the key factors and global implications.
Analysts: Crude Oil Under Pressure Until 2026 Due to Oversupply
Global crude oil prices are projected to remain subdued through 2026, with a structural oversupply outweighing geopolitical tensions. Analysts cite rising non-OPEC+ production and slowing demand growth. Read the full analysis.
Avocado Oil: The Ultimate Healthy Cooking Oil for Indians
Discover why avocado oil is becoming a kitchen essential in India. From its high smoke point for perfect frying to heart-healthy fats, learn how to use it daily. Boost your nutrition today!
HCLTech Partners with Microsoft for AI-Driven Discovery
HCLTech collaborates with Microsoft's Discovery platform to fast-track AI-led research in drug discovery, materials science, and semiconductor design. Discover the impact.
Reusing frying oil: Safe limits and health risks revealed
Reusing deep-fried oil is common, but how many times is safe? A dietetics expert explains the chemical dangers, safe reuse limits, and long-term health risks like diabetes and heart disease.
India Drives Global Oil Demand in 2025, Peak Delayed to 2030s
2025 saw a major shift as oil demand surged, defying peak predictions. India emerged as the top growth engine, reshaping global energy dynamics. Read the full analysis.
Fact Check: Are Seed Oils Like Sunflower Oil Really Toxic?
Are seed oils like sunflower and soya bean oil toxic? We separate fact from fiction, examining the science behind heart health, inflammation, and processing myths. Read the evidence.
Saudi Arabia Slashes Oil Price to Asia to 5-Year Low
Saudi Arabia cuts January 2026 crude oil price to Asia to a five-year low as OPEC+ raises output and supply surplus looms. Details on market impact and Chinese demand.
India Secures Soy Oil Ahead of Palm Price Surge
Indian buyers secure massive South American soybean oil volumes for 2026, anticipating palm oil shortages from Indonesia's biodiesel push and weaker sunflower harvests. Get the full analysis.
India imports 5.4M tonnes Russian oil via shadow fleet
India imported 5.4 million tonnes of Russian oil using shadow fleet tankers to bypass Western sanctions, according to CREA report. Moscow relies on old vessels to maintain exports amid restrictions.
OPEC+ to Keep Oil Output Unchanged for Q1 2026
OPEC+ is likely to maintain current oil production levels for early 2026, sources say, as the group navigates market pressures and a potential supply glut. Read the full analysis.
India's Russian Oil Imports Drop 47% in December
India's crude oil imports from Russia projected to fall by 47% to 1 million bpd in December due to US sanctions on Rosneft and Lukoil. Indian refiners diversifying supply sources.
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