Gulf oil output can rebound in months after Hormuz reopens, but full recovery faces risks, says Goldman Sachs

Apr 25, 2026

Gulf crude oil production could largely recover within a few months of the Strait of Hormuz reopening, Goldman Sachs research said in a report....

Cairn Oil & Gas marks 16 years of oil production from Mangala

Aug 29, 2025

Cairn Oil & Gas, a part of Vedanta Limited and India's largest private oil and gas exploration and production company, has completed 16 years...

Oil India's oil, gas production affected after Baghjan fire

Aug 11, 2020

Tinsukia (Assam) [India], August 11: Over a month after a fire broke out at a gas well of Oil India Limited (OIL) at Baghjan...

Gulf Oil Lubricants in strategic partnership with S-Oil of South Korea

Sep 28, 2020

Mumbai (Maharashtra) [India], September 28 : Hinduja Group subsidiary Gulf Oil Lubricants India Ltd (GOLIL) on Monday announced a long-term strategic partnership with S-Oil...

Fire erupts after explosion at Pemex Oil platform in Gulf of Mexico

Aug 23, 2021

Mexico City [Mexico], August 23 (ANI/Sputnik): An explosion has caused a fire at an oil platform of the Pemex (Petroleos Mexicanos) state-owned oil company...

US jet fuel production hits record highs as global supply disruptions drive prices higher

Jun 09, 2026

United States jet fuel production rose to record highs after prices doubled in March following the closure of the Strait of Hormuz on February...