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OIL AND GAS INDUSTRY
Petrol, diesel sales soar on weak monsoon rains, LPG demand shifts to piped gasPetrol and diesel sales saw a significant increase in July. Below-normal monsoon rains boosted demand from farmers and motorists. Diesel sa...02 Aug, 2026, 03.22 PM IST- Drill, Baby, Drill: India to fund Rs 650 cr per well for 60 deepsea wells to break its oil import habitIndia's government will fund offshore oil and gas exploration directly from its national budget. The "Samudra Manthan" scheme allocates sig...02 Aug, 2026, 03.08 PM IST
- L&T Energy Hydrocarbon Onshore secures partnership with Petroleum Development OmanL&T Energy Hydrocarbon Onshore has secured a significant six-year framework agreement. This partnership is with Oman's leading oil and gas ...31 Jul, 2026, 12.10 PM IST
- US and Iran trade missile barrages as hopes dim for a quick resolution to the five-month conflictThe United States and Iran exchanged missile strikes, escalating regional conflict. Jordan and Kuwait reported intercepting Iranian missile...30 Jul, 2026, 09.50 PM IST
- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsThe next time uncertainty over the firing of missiles in the Gulf region makes you anxious, remember this: It is not the first time that gl...30 Jul, 2026, 11.15 AM IST
- Union Civil Aviation Minister Ram Mohan Naidu reviews India's preparedness for SAF and CORSIA implementationIndia's Civil Aviation Ministry reviewed Sustainable Aviation Fuel adoption and CORSIA compliance. The meeting focused on SAF production, c...30 Jul, 2026, 10.56 AM IST
- New Zealand grants first offshore petroleum permit since reversing exploration banNew Zealand's government has issued its first offshore petroleum exploration permit. This action follows the reversal of a ban previously i...29 Jul, 2026, 11.36 AM IST
- Kazakhstan eyes stronger trade ties with West BengalKazakhstan's ambassador expressed keen interest in expanding business engagement with West Bengal. The nation views West Bengal as a crucia...29 Jul, 2026, 10.44 AM IST
- Will using E20 petrol lead to insurance claim rejection? Here’s what govt saysThe Ministry of Petroleum and Natural Gas has clarified E20 petrol use. Insurance claims cannot be rejected solely based on using E20 fuel....28 Jul, 2026, 10.37 PM IST
- India’s industrial output quickens to 7.3% in June from 5.1% in May as manufacturing, electricity growth acceleratesIndia's industrial output marked a notable 7.3 percent growth in June 2026, fueled by a strong surge in manufacturing and an uptick in elec...28 Jul, 2026, 04.13 PM IST
- India plans up to quarter of 2027 LPG imports from US, sources sayIndia plans to buy a quarter of its LPG imports from the United States in 2027. This move aims to reduce Middle East reliance and support t...28 Jul, 2026, 02.09 PM IST
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%Market mood rarely turns all at once. It turns in stages. And India's mood might have just entered the first of them: Because of a commodit...28 Jul, 2026, 11.20 AM IST
- Over 2,000 years ago, ancient Chinese miners invented deep percussion drilling to extract salt, creating downhole engineering innovations that modern energy industries still depend on todayOver 2,000 years ago, ancient Chinese miners faced a crisis. They desperately needed salt to preserve food. But rich brine sat hundreds of ...27 Jul, 2026, 06.09 PM IST
- Why the coming winter is going to be a long, cold one for EuropeEurope will face the next winter with alarmingly low energy supplies and heating oil inventories. Global markets for liquefied natural gas ...27 Jul, 2026, 12.05 PM IST
- India must fix gas market, pipelines to unlock LNG opportunity: IGU reportIndia's natural gas growth requires infrastructure and industry investment. Market reforms and pricing changes are essential for sustained ...26 Jul, 2026, 10.57 AM IST
- UAE to invest $6.2 bn in Abu Dhabi gas projectAbu Dhabi's state oil company ADNOC will invest $6.2 billion in a new gas project. This offshore development is a joint venture with intern...21 Jul, 2026, 11.13 AM IST
- Reliance-BP’s KG-D6 gas output falls 7% in June quarter as natural decline continuesNatural gas output from the KG-D6 fields operated by Reliance and BP has seen a year-on-year decline of approximately seven percent, with t...19 Jul, 2026, 10.41 AM IST
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