يحاول ذهب - حر

Public sector oil, gas cos weigh term pacts; no formal talks yet

March 10, 2025

|

Business Standard

US push to sell more energy to India coincides with stable global crude, LNG prices

- SUBHAYAN CHAKRABORTY

Public sector oil, gas cos weigh term pacts; no formal talks yet

Notwithstanding a recent uptick in the purchase of crude oil and natural gas from the US, officials from several public-sector energy companies said that any formal talks for potential long-term contracts remain some time away. While the presidential administration of Donald Trump is keen on India negotiating term contracts with US producers, both Indian oil-marketing companies (OMCs) and gas importers said they are still weighing their options.

A sudden push to raise energy imports from the US comes at a time when spot prices for liquefied natural gas (LNG) are set to begin falling soon due to new volumes coming online, while Brent crude prices hit a three-year low earlier in March owing to fears of an impending trade war hitting industrial demand. As a result, officials at state-run companies remain in a wait-and-watch mode.

المزيد من القصص من Business Standard

Business Standard

From safe bets to sore spots — and maybe back again

2025 turned FMCG, IT, and pharma into market laggards. Yet with earnings stable and valuations cooling, their next move could surprise

time to read

2 mins

November 06, 2025

Business Standard

Business Standard

Brookfield Reit seals India's record office real estate deal

Brookfield India Real Estate Trust (Reit) has signed binding agreements to acquire Ecoworld, a Grade-A office campus spanning 7.7 million square feet (msf) in Bengaluru, for ₹13,125 crore.

time to read

2 mins

November 06, 2025

Business Standard

India-Japan partnership enhances stability in Indo-Pacific: Jaishankar

The India-Japan partnership enhances the strategic stability in the Indo-Pacific region and contributes to economic growth at the global level, External Affairs Minister S Jaishankar said on Wednesday.

time to read

1 min

November 06, 2025

Business Standard

MF equity buying in October lowest in 6 months

NET INFLOWS INTO ACTIVE EQUITY SCHEMES HAVE MODERATED SINCE HITTING AN ALL-TIME HIGH OF 342,702 CR IN JULY. IN SEPTEMBER, INVESTORS HAD PUT IN $30,422 CR

time to read

1 min

November 06, 2025

Business Standard

'India, US holding continuous talks for trade pact'

Commerce and Industry Minister Piyush Goyal on Wednesday said India and the US are holding continuous discussions for the proposed bilateral trade agreement.

time to read

1 min

November 06, 2025

Business Standard

Business Standard

'A titan of business and a true gentleman'

Iam deeply saddened by the passing of my dear friend Gopichand Hinduja.

time to read

3 mins

November 06, 2025

Business Standard

Business Standard

Cement, chemicals drive Grasim net profit up 76%

Grasim Industries on Wednesday reported a 76 per cent rise in consolidated profit in the September quarter (Q2 FY26) to%553 crore from the year before, driven by its cement and chemicals businesses making higher profits and traction for new-age segments.

time to read

1 mins

November 06, 2025

Business Standard

MF equity buying in Oct lowest in 6 mths

Experts attribute this to profit booking, elevated valuations

time to read

2 mins

November 06, 2025

Business Standard

Embassy Reit posts 15% increase in NOI

Embassy Office Parks Reit on Wednesday reported a 15 per cent increase in its net operating income (NOI) to ₹927 crore for the second quarter of this fiscal year.

time to read

1 min

November 06, 2025

Business Standard

Business Standard

Paytm bets on AI-led revenue growth, cost-efficiency

After helping rein in costs, Paytm’s artificial intelligence (AD)-led product focus is expected to further drive revenue growth, founder and chief executive officer (CEO) Vijay Shekhar Sharma said on Wednesday.

time to read

1 mins

November 06, 2025

Listen

Translate

Share

-
+

Change font size