Passez à l'illimité avec Magzter GOLD
Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement
Essayer OR - Gratuit
IOCL, BPCL arm announce oil discoveries in Abu Dhabi
Business Standard
|January 15, 2026
Indian Oil Corporation Ltd (IOCL) and Bharat Petroleum Corporation Ltd (BPCL) on Wednesday announced oil discoveries in an onshore block in Abu Dhabi, strengthening their overseas upstream portfolio and India’s energy security efforts.
Urja Bharat Pte Ltd (UBPL), a 50:50 special purpose vehicle of IOC and BPCL’s exploration and production arm Bharat PetroResources Ltd (BPRL), made its first oil discovery in XN-76 exploration well in 2024, IOC said in a statement.
It has now made another oil discovery during drilling of exploratory well XN-79 02S in the block, it said.
UBPL was awarded the Onshore Block 1 exploration concession in March 2019.
The partners have invested nearly $166 million in the exploration phase, which has now been successfully completed.
The concession spans up to 6,162 square kilometres and grants UBPL 100 percent concession rights.
Cette histoire est tirée de l'édition January 15, 2026 de Business Standard.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Business Standard
Business Standard
Meity may cut compliance timeline for key DPDP rules
The Ministry of Electronics and Information Technology (Meity) is likely to shorten the implementation timeline for certain provisions under the administrative rules of the Digital Personal Data Protection (DPDP) Act for significant data fiduciaries (SDFs) to 12 months from the earlier 18 months, sources told Business Standard.
2 mins
January 23, 2026
Business Standard
Opportunity for 'great powers' to join forces: Merz on India-EU FTA
Days before the signing of a free agreement between India and the European Union, German Chancellor Friedrich Merz (pictured) on Thursday said \"the era of great powers\" presents an opportunity for countries favouring regulations to join forces against protectionism and isolationism.
1 mins
January 23, 2026
Business Standard
Record $32 bn raised in 2025 via overseas syndicated loans
Pipeline robust as firms look at more acquisitions
3 mins
January 23, 2026
Business Standard
DLF posts 13.6% profit on high net income
Realty major DLF reported a 13.6 per cent year-on-year (Yo-Y) rise in its consolidated net profit for the third quarter of financial year 2025-26 (Q3FY26), driven by high net income and strong operational performance.
1 min
January 23, 2026
Business Standard
Canada PM's likely India visit to boost Cepa talks
Both sides working to ensure Carney visits New Delhi before March-end.
3 mins
January 23, 2026
Business Standard
IndiGo Q3 net nosedives 78%
Dec flight disruptions, labour Codes, depreciation hit earnings
3 mins
January 23, 2026
Business Standard
Bank unions to go on strike on January 27
The United Forum of Bank Unions (UFBU) is likely to go ahead with the proposed allIndia bank strike on January 27, demanding five-day work week, after a conciliation meeting convened by the chief labour commissioner (central) between UFBU and the Indian Banks' Association (IBA) ended without an agreement.
1 min
January 23, 2026
Business Standard
EU suspends GSP export benefits; textiles, plastics likely to be hit
The European Union (EU) has suspended export benefits to sectors such as textiles and plastics under a preferential scheme for India and two other countries from January 1, a move that will impact the country's shipment to the 27-nation bloc.
1 mins
January 23, 2026
Business Standard
Competitive challenges to keep Eternal under pressure
The Q3FY26 results from Eternal contained two major surprises.
3 mins
January 23, 2026
Business Standard
Zeel net profit down 5%
Zee Entertainment Enterprises (Zeel) on Thursday reported as.1 per cent fall in its consolidated net profit to ₹155.3 crore in the third quarter of the financial year 2026 (Q3FY26) against the same period last year.
1 min
January 23, 2026
Listen
Translate
Change font size