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ONGC to Build 13 Million-Barrel Strategic Oil Reserve in Mangalore

By Uniquetimesorg July 10, 2026 0

India’s Oil and Natural Gas Corporation (ONGC) has announced plans to build a new strategic petroleum reserve (SPR) with a capacity of 1.75 million metric tons, or about 13 million barrels, in Mangalore, Karnataka. The move is aimed at strengthening the country’s energy security following recent global supply disruptions caused by geopolitical tensions. India, Continue Reading

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Bombay High Court Dismisses Plea Seeking CBI Probe Against RIL and Mukesh Ambani

By Uniquetimesorg March 27, 2026 0

The Bombay High Court on Friday dismissed a petition seeking a CBI investigation against Reliance Industries Limited and its chairman Mukesh Ambani over allegations of unlawful extraction of natural gas from fields belonging to Oil and Natural Gas Corporation in the Krishna-Godavari basin. The bench, comprising Chief Justice Shree Chandrashekhar and Justice Suman Shyam, Continue Reading

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Indian Markets Set to Open Lower as Oil Surge Dampens Sentiment

By Uniquetimesorg March 2, 2026 0

Indian benchmark indices are poised for a weaker start on Monday, tracking global risk-off sentiment after escalating Middle East tensions drove crude oil prices sharply higher. Gift Nifty futures were trading at 25,132, signaling that the NIFTY 50 will open below its previous close of 25,178.65. Brent crude climbed over 7% to around $82.40 per […]Continue Reading

Technology

Center plans to replace natural gas ‘Production Sharing Contract’: CAG opposes

By uniquetimes November 17, 2015 0

The NDA-led government is planning to revive the controversial Production Sharing Contract, along with free natural gas pricing. Conglomerates earlier claimed that, the current rate is not considering the production and exploration cost. The government had already allowed the rate-liberation for some gas-production field on early September. Providing some Continue Reading