Oil & Energy
MCX
Share price of Indian Oil Corp. jumps as Sensex gains 542.39 points
A total of 509,999 shares changed hands on the counter till 11:37AM (IST)
Asian shares rise on stronger global risk appitite as oil prices ease
Asian shares rallied on Thursday, taking heart from a late recovery on Wall Street after U.S. politicans appeared near to a temporary deal to avert a federal debt default and as Russia reassured Europe on gas supplies, calming volatile markets.
Oil price surge not always a crude shock for Indian equities
In the past two decades, the benchmark Nifty has rallied in six out of the nine times when crude prices ran up. In the month after the rally, the stock benchmark gained on five out of the nine times. The losses on three out of the four times have been less than 2%.
Tata Power ropes in renewable energy AI firm BluWave-ai
According to the statement, this agreement was signed after a successful trial project, during which Tata Power evaluated the performance of the BluWave-ai cloud platform to generate intra-day and day-ahead dispatches for use in its power scheduling operations.
Ship's anchor may have caused massive California oil spill
Some reports of a possible spill, a petroleum smell and an oily sheen on the waters off Huntington Beach came in Friday night but weren't corroborated and the pipeline's operator, Amplify Energy Corp., didn't report a spill until the next morning, authorities said.
Govt asks oil & gas companies to present a detailed plan for Hydrogen by month-end
The government is putting together a large plan to adopt green hydrogen as part of the energy transition and expects oil and fertiliser companies to lead it.
Oil at new multi-year highs, Asian shares fall
Asian shares dropped on Wednesday, reversing early gains, after an overnight rebound in U.S. and European stocks as investors shrugged off worries about a potential U.S. government debt default, while oil paused near new multi-year highs.
WhatsApp outage hits trading in assets from crypto to Russian oil
WhatsApp usage among financial traders tracked by communications surveillance firm VoxSmart has boomed as banks accept that clients want to use the platform, even if bosses prefer their staff to use official messaging channels, VoxSmart CEO Oliver Blower said.