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HPCL LNG DEAL
US-Iran peace deal: Reliance Industries, ONGC; which other oil & gas stocks will emerge as top winners and losers?A US-Iran peace deal is expected to ease oil supply risks, pushing crude prices lower. Nomura sees OMCs, CGDs, and Petronet LNG as key bene...
HPCL, BPCL, IOC shares rise 4% as oil eases from recent highs after Trump delays Iran strikesHindustan Petroleum, Indian Oil, and Bharat Petroleum shares gained 4% each as crude oil prices declined. However, ongoing geopolitical ten...
Government invokes ESMA powers, orders refiners to ramp up LPG productionIndia consumed 31.3 million tonnes of LPG in 2024-25, of which only 12.8 million tonnes were produced domestically, with the remainder impo...
HPCL to buy $3 billion worth of LNG from UAE’s ADNOC Gas under 10-year pactHindustan Petroleum Corporation Ltd has just announced an impressive USD 3 billion agreement with Abu Dhabi National Oil Company Gas, marki...
India's HPCL to start LNG terminal around year-end, seeks term supply, sources sayHPCL is seeking an LNG cargo to commission its new 5 million tpy import terminal by December or January and is in talks with several compan...
HPCL scouts for LNG deals, hopes to start LNG terminal by DecemberIndia's Hindustan Petroleum Corp Ltd (HPCL) seeks LNG import deals as it plans to start its 5 million tpy LNG terminal in western India by ...
City gas distributors may not have to tie up supplies for 5 yearsThe downstream regulator is planning to waive a key condition for city gas distributors — of signing natural gas purchase pacts within 180 ...
Bringing LNG under GST will improve affordability: Debasish Mishra, Deloitte IndiaMarket potential is attracting the attention of global investors in oil & gas sector.
After Market: A billion-dollar baby, caution on Infy & other top storiesThe top newsmakers of the session included RIL, Petronet LNG, Marico and Infosys, among others.
Market Now: BPCL, HPCL, IOC put oil & gas index on a slippery slopeThe BSE Oil & Gas index was trading 1.02 per cent down at 14,377 around 11:30 am.
'Government may ask oil companies to share LPG, kerosene subsidy burden'ONGC and Oil India Ltd as well as gas utility GAIL were in past asked to bear between one-third to half of the under-recovery fuel retailer...
Government asks state oil firms to present integration planIn his budget speech two month ago, Finance Minister Arun Jaitley announced the plan to restructure state oil firms to create an integrated...
Shapoorji Pallonji in talks with US-based group to acquire 13-17% stake in its floating LNG terminal projectVGS Group Inc had in January 2012 entered into a joint venture arrangement with IL&FS Maritime to set up a floating LNG terminal at the Kak...
ONGC in talks to buy 26% stake in IOC's Ennore LNG terminalONGC is in talks to buy a 26 per cent stake in Indian Oil Corp's Rs 4,320 crore liquefied natural gas (LNG) import plant at Ennore in Tamil...
Dealing room buzz: Petronet LNG, Asian Paints, BPCL, L&TET Now spoke to dealers on institutional and high net worth investors’ activity in the dealing room. The following stocks are on their rada...
- BPCL, HPCL to acquire strategic stake in Swan Energy unit
BPCL and HPCL are likely to pick a strategic stake in a subsidiary of Mumbai-based Swan Energy Ltd, ET Now reported.
- BSE Oil & Gas index slips over 1%; IOC hits 52-week low
The BSE Oil & Gas Index slipped over 1% in a fairly rangebound market on Thursday while shares of IOC hit 52-week low of Rs 262.65 on the B...
BP finally enters India's oil & gas spaceBP is no stranger to India but Monday's deal with Reliance Industries marks its first big-ticket foray into India's oil and gas arena after...
- More oil PSUs opt for transparency in deals
Following the footstep of ONGC, oil and gas majors like BPCL, HPCL, Gail, Petronet LNG and Oil India are in the process of implementing nor...
- CCEA nod for ONGC’s purchase of Birla stake in MRPL
The Cabinet Committee on Economic Affairs (CCEA) today cleared ONGC’s purchase of AV Birla Group’s stake in Mangalore Refinery & Petrochemi...