Zombie ship shows Trump is targeting darkest corner of oil fleet
0A 27-year-old tanker, believed to be a ‘zombie vessel’ using a scrapped ship’s identity, is heading to Venezuela. This tactic helps Venezuela, crippled by sanctions, export...
December 2025
BP to sell 65% stake in Castrol to Stonepeak for $6 billion
0BP is selling a major part of its Castrol lubricants business to Stonepeak for approximately $6 billion. This deal values Castrol at $10.1 billion. BP will...
L&T bags 'significant' electrification order for Mumbai Metro railway project
0Larsen & Toubro has secured a significant order for the Mumbai Metro Line 4 electrification project. The contract involves design, supply, installation, and commissioning of power...
India’s sanction-hit Nayara delays oil refinery maintenance work
0Nayara Energy has postponed maintenance at its 400,000 bpd Vadinar refinery from February to April 2026 as European contractors avoid working with the Rosneft-backed firm, sanctioned...
Investors seek independent advisory body for nuclear power
0India’s move into nuclear power generation is sparking demand for expert guidance. Private sector companies entering this field need technical and policy support. An independent body...
Waaree Transpower bags Rs 100 crore transformer supply order
0Waaree Transpower has secured a significant Rs 100 crore order for 1.27 gigawatt transformers. This major milestone was achieved within the first month of the company’s...
US seeks role in India’s nuclear energy sector on liability law change
0Last week, the Indian Parliament abolished the decades-old state monopoly in the nuclear power generation sector and made sweeping changes to the country’s liability provisions that...
L&T onshore vertical bags 'major' order from BPCL to build India's largest flexible petrochemical plant
0Larsen & Toubro’s hydrocarbon onshore business has secured a major order from Bharat Petroleum Corporation Ltd (BPCL) for engineering, procurement, construction, and commissioning of India’s largest...
Cairn completes India’s first Sub-Sea Template installation in Ambe block
0Cairn Oil & Gas has achieved a significant engineering feat by installing India’s first Sub-Sea Template (SST) on the West Coast. This operation, conducted in the...
‘Samudra Manthan’: What's India’s National Deep Water Exploration Mission and how offshore oil and gas can cut India’s import dependence
0India has launched the National Deep Water Exploration Mission to boost domestic oil and gas production and reduce its heavy reliance on imports. This strategic initiative...