June 8, 2026

Energy

image 33

Russia Remains India’s Top Oil Supplier: Discounted Crude Keeps Flowing Despite US Pressure

admin@gmail.com05 mins

Despite mounting geopolitical pressure and calls from the West to reduce reliance on Russian energy, India continues to source the majority of its crude oil from Russia. Recent trade data reveals that Russia maintained its spot as India’s top oil supplier in September 2025, accounting for over 34% of total imports — even as overall…

Read More
Coal India emerges preferred bidder for Ontillu-Chandragiri rare earth block Coal India Limited ( CIL) has been named the preferred bidder for the Ontillu-Chandragiri Rare Earth Element (REE) Exploration Block, according to a regulatory filing by the company. The award comes from the Ministry of Mines, Government of India, under the Notice Inviting Tender (NIT) issued on March 30, 2025. The Ontillu-Chandragiri block spans 209.62 square kilometres and will be explored under an official license granted as per the Mines and Minerals (Development and Regulation) Act, 1957, as amended. CIL is required to execute the exploration license deed within one year from the issuance of the Letter of Intent by the State Government. CIL clarified that the order was granted by a domestic entity and is not considered a related-party transaction. The company also noted that neither its promoter nor promoter group holds any stake in the awarding entity. The move marks a strategic step for CIL as it seeks to expand its footprint into rare earth exploration, aligning with India’s push to secure critical minerals for industrial and technological applications.

Coal India Wins Ontillu-Chandragiri Rare Earth Block Bid: A Strategic Move into Critical Minerals

admin@gmail.com03 mins

Coal India Limited (CIL) has officially emerged as the preferred bidder for the Ontillu-Chandragiri Rare Earth Element (REE) Exploration Block. This award, announced through a regulatory filing, signals CIL’s strategic entry into India’s critical minerals sector. The tender was issued by the Ministry of Mines, Government of India under the Notice Inviting Tender (NIT) dated…

Read More