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India Eyes Sri Lanka s High-Quality Graphite Mines

India is in preliminary discussions with Sri Lanka to acquire high-quality graphite mines, driven by the increasing demand for anode materials in lithium-ion batteries. Public sector companies like Coal India, NMDC, and ONGC Videsh Ltd are spearheading these efforts. Critical minerals are key to India's clean energy ambitions.

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ONGC declares results for FY24; posts highest ever standalone net profit of Rs 40,526 crore

ONGC declares results for FY24; posts highest ever standalone net profit of Rs 40,526 crore
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ONGC Q4 Results: Net profit jumps 19 times to Rs 9,869 crore

India s top oil and gas producer had made a provision of Rs 9,235 crore in the January-March 2023 quarter towards disputed taxes for the period from April 1, 2016, to March 31, 2022.

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As Russian discounts fall, Indian state and private refiners join hands to negotiate better terms

State-run and private refiners including IOC, Bharat Petroleum and Reliance Industries are jointly negotiating with Russian suppliers for better crude prices after discounts fell 70%.India saved about $7.9 billion in the first 11 months of 2023-24 due to cheaper imports from Russia

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ONGC Q4 Results Preview: Oil PSU likely to report dull earnings on flattish realisation, sales volume

ONGC Q4 Results Preview: Oil PSU likely to report dull earnings on flattish realisation, sales volume
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