Sunday, 19 January 2025

Focus on Reliance Industries Limited

News Release

Transocean Ltd. Announces $111 Million Ultra-Deepwater Drillship Contract

STEINHAUSEN, Switzerland, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced that a four-well option was exercised for the...

FILE PHOTO: A view shows fuel tanks at a facility of Rosneft energy company outside the town of Neftegorsk in the Samara Region, Russia September 1, 2023. REUTERS/Alexander Manzyuk/File Photo
FuelNewsOilPoliticsTrade

Rosneft, Reliance agree biggest ever India-Russia oil supply deal, sources say

India has no sanctions on Russian oil, so refiners there have cashed in on the cheaper crude supply.

FILE PHOTO: A guard walks past the Reliance Industries logo near the entrance of Dhirubhai Ambani Knowledge City in Navi Mumbai, March 15, 2024. REUTERS/Francis Mascarenhas/File Photo
BusinessFuelNatural GasNewsOil

Reliance’s US unit buys $12 million stake in helium explorer Wavetech Helium

Helium gas, a by-product of mining natural gas, is used in several green technologies.

A man walks past the logo of Reliance during the company's annual general meeting in Mumbai, India, September 18, 2018. REUTERS/Francis Mascarenhas/File Photo
CoalCourtsElectricityNewsPoliticsSolar

India’s top clean energy agency weighs criminal proceedings against Reliance Power

The power producer is alleged to have submitted fake documents for a bid.

FILE PHOTO: U.S. Senator Republican Marco Rubio gives a speech at the Conservative Political Action Conference (CPAC) in Orlando, Florida, U.S. February 25, 2022. REUTERS/Octavio Jones/File Photo
BusinessNewsOilPoliticsRegulations

Trump pick Rubio could harden oil sanctions on Iran, Venezuela

Trump’s appointment of Rubio as secretary of state signals stricter oil sanctions on Iran and Venezuela, tempered by China concerns.

Dung from India's cows, sacred to many in the Hindu-majority country, is being used to power a movement towards biogas fuel (AFP)
AnalysisBiofuelsCoalEmissionsLiquefied Natural GasOilPoliticsRegulations

Sacred cow: Coal-hungry India eyes bioenergy to cut carbon

Venerated as sacred, India's cows now fuel energy transition, as biogas plants transform their dung and crop waste into clean energy, reducing reliance...

FILE PHOTO: Oilfield workers hold a flag with the corporate logo of Venezuela's state oil company PDVSA near Cabrutica at the state of Anzoategui. April 16, 2015. REUTERS/Carlos Garcia Rawlins/File Photo
BusinessNewsOilTrade

Venezuela’s oil exports hit a 4-year peak on higher output, sales to US, India

Venezuela’s oil exports surged to a four-year high in October, reaching 950,000 bpd, driven by rising output and exports to India.

Indian Oil Corp Ltd logo is seen displayed in this illustration taken, April 10, 2023. REUTERS/Dado Ruvic/Illustration/ File Photo
BusinessEconomyNewsOilRegulationsTrade

Trader Vitol sells Venezuelan oil to Indian refiners, sources say

Indian refiners buy two million barrels of Venezuelan crude for November delivery, resuming imports amid U.S. sanctions relief.

News Release

Transocean Ltd. Announces $123 Million Ultra-Deepwater Drillship Contract

STEINHAUSEN, Switzerland, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced that Reliance Industries Limited awarded a binding Letter...

BusinessHydrogenNewsOilSolarStorage

India’s Reliance says new energy to be as profitable as oil to chemicals in 5-7 years

The company's new energy business consists of solar photovoltaic and fuel cell manufacturing, energy storage and green hydrogen production, among others.

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