Oil And Gas
Price trends, demand-supply drivers and analysis for Oil And Gas. Tracking 6 stories on Arth Vani.
Connected in the graph
Latest on Oil And Gas
Government to Fund Half of Deepwater Well Costs, Seeks Repayment from Successful Projects
The Indian government plans to finance 50% of the cost for deepwater and ultra-deepwater gas exploration wells. This financial support aims to boost domestic natural gas production, with the condition that successful projects will repay the government's contribution.
Global Offshore Oil Stocks Rally 6% as Broader Markets Experience Downturn
Major global offshore oil drilling companies like Transocean, Valaris, and W&T Offshore saw their stock prices climb by 6% each, despite a general decline in the broader market. This divergence highlights a potential investor interest in the energy sector amidst wider market caution.
ExxonMobil's $80 Billion Kazakhstan Investment Hinges on Resolving $150 Billion Dispute
ExxonMobil Holdings Corp. has linked a potential $80 billion joint investment to expand Kazakhstan's Kashagan oil field with the resolution of a long-standing $150 billion dispute. This major global energy deal is currently on hold, pending an agreement between the Kazakh government and international companies involved in the project.
BreakingCabinet Approves ₹84,084 Crore 'Samudra Manthan' Scheme for Offshore Oil & Gas
The Indian Cabinet has approved the ₹84,084 crore 'Samudra Manthan' scheme, also known as the National Offshore Exploration Scheme, to boost domestic oil and gas production until 2030-31. This initiative will see the government funding half the cost of deepwater exploratory drilling to de-risk operations for companies and increase energy reserves.
Vedanta Oil & Gas Lists at ₹39; Four New Entities Debut Following Mega Demerger
Vedanta Oil & Gas made its stock market debut at ₹39 on the BSE, marking a significant milestone in the Vedanta Group's massive restructuring plan. The listing is part of a broader move to unlock value for shareholders by spinning off various business units into independent companies.
Vedanta Demerger: Anil Agarwal Plans Massive Oil and Gas Expansion for New Entities
Vedanta Chairman Anil Agarwal is moving forward with a major corporate restructuring that will see four new companies listed on Indian bourses. The plan focuses on aggressive production hikes in aluminium, steel, and energy to unlock shareholder value.
Some listings may be sponsored and Arth Vani may earn a referral fee. All information is for educational purposes only — verify terms and suitability with the provider before acting. Not financial advice.