The Rs 85,000 crore project, part of Make in India, aims to sharply reduce the country’s dependence on foreign-owned vessels ...

Broker Clarksons puts the newbuilding price of a conventional marine fuelled VLCC at $125m, down 3% from last year’s pricing ...

The plan’s first phase involves purchasing 79 ships, of which 30 of them would be medium-range vessels, said sources ...

India plans to spend 850 billion rupees ($10 billion) to purchase 112 crude carriers through ... most of it with India-built ships going ahead. India’s ship building industry is still nascent ...

The consensus on OPEC that has been building for most of the week is that it will agree to increase July production larger than the 411,000 barrels per day (bpd) rise it abided by for May and June.

Supply agreement with MVM Group secures about 1.2 million barrels of Azeri crude per year from the Shah Deniz development in ...

India is reportedly planning to invest Rs 85,000 crore ($10 billion) by 2040 to acquire 112 crude oil carriers, aiming to build a domestic fleet and reduce reliance on foreign-owned vessels, Bloomberg ...

China's Geo-Jade Petroleum has secured a comprehensive contract package for Iraq’s first fully integrated energy project in ...

Kerala is like a beautiful home in front of a highway. Once in a while, a truck may turn turtle in front. So if you want to, ...