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PETROLEUM AND NATURAL GAS
US crude oil output rose in July, while petroleum demand declined, EIA saysIn July, US crude oil production climbed to 13.95 million barrels per day, up from June’s figures. Despite the production surge, the demand...
Crude surged. Why didn’t India’s petrol prices?As the West Asia conflict drove up oil costs, India kept a much larger rise from reaching the pump. This explainer dives into how protectio...
New LPG Aadhaar rule from October 1: Check Aadhaar authentication process, what to do if biometric verification is incomplete and other FAQsLPG Aadhar rules: From October 1, Biometric Aadhaar Authentication will be required for domestic LPG consumers to book refills. Consumers c...
CAFE III fuel efficiency norms notified for cars: 3x credit for battery EVs, no special benefit for small carsThe Indian government has announced Corporate Average Fuel Economy norms for passenger vehicles effective from April 2027. These standards ...
India needs to strengthen domestic oil exploration, official saysIndia is urged to strengthen its domestic oil exploration capabilities to improve energy security as global tensions rise. Oil India Limite...
India has ‘insulated' itself from the 'turbulence' of crude supply shock: Hardeep Singh PuriUnion minister Hardeep Singh Puri said India has so far insulated itself from crude oil and natural gas supply disruptions caused by the We...
Renewable Energy India Expo 2026 to unlock Rs 2,800 cr investment in bioenergy sector: IBAThe Renewable Energy India Expo 2026 will take place from October 22 to 24 in Greater Noida, poised to draw over Rs 2,800 crore in investme...
Petronet to pay directors up to 1% of profit as commissionPetronet LNG Ltd has proposed to seek shareholders' approval for paying commissions to directors from FY27 to FY31. This proposal is for a ...
The most uncertain sector also pays the most to wait. Watchlist for patient investors: 5 stocks with upside potential of up to 25%There are some interesting contrarian bets in the market. But going contrarian, or buying what everyone else is running away from, is not t...
LPG customer base dips after a decadeIndia's LPG customer base had been expanding steadily, with the adoption of cooking gas accelerating over the past decade. The active LPG c...
Aadhaar authentication for LPG subsidy: Will your gas supply be stopped if you fail to authenticate UID before October 1, 2026?From October 1, 2026, all domestic LPG consumers will need to undergo Biometric Aadhaar Authentication to access subsidies. This process is...
Petrol pumps to not accept UPI payment: Punjab dealers warn of Rs 2,000 limit if MDR is imposedPetrol pump dealers in Punjab have warned of stopping UPI payments above Rs 2,000 if merchant discount rate or digital transaction charges ...
Gas found near Odisha coast: ONGC strikes Mahanadi deepwater well under Samudra Manthan, finds encouraging flow at 1,450 metresGas found near Odisha coast: ONGC has discovered gas in a deepwater exploration well in the Mahanadi Offshore Basin, around 43 km from Kona...
Indian Oil approves Rs 2,449 crore for Kochi-Kanyakumari-Thoothukudi natural gas pipeline developmentIndian Oil's board approved a significant investment for a new natural gas pipeline. This 424.65-km project will connect Kochi and Thoothuk...
Bangladesh raises fuel prices by up to 17% amid global oil price surgeBangladesh has raised fuel prices by up to seventeen percent. This move piles fresh pressure on consumers and businesses already struggling...
Govt rolls out GOBARdhan rules with assured CBG offtake, 10-year price supportThe government’s Rs 23,731-crore GOBARdhan scheme aims to give India’s CBG industry a more predictable business model, with assured offtake...
Aadhaar authentication mandatory for subsidised LPG refills from October 1; 27.43 crore consumers already coveredDomestic LPG consumers must complete Biometric Aadhaar Authentication for subsidised cylinder refills. This authentication process is manda...
India needs multi-route energy strategy as West Asia tensions threaten supplies: ExpertsGrowing West Asian tensions expose India's energy supply vulnerabilities. Experts urge a multi-route strategy and diversified crude and gas...
Gail India Gets PNGRB approval to transfer city gas assets to subsidiaryThe PNGRB has approved Gail India's transfer of six city gas distribution areas. This move paves the way for Gail Gas to proceed with its i...
India, China discuss deepening energy cooperation as Chinese oil executive meets Hardeep PuriChinese and Indian officials met to discuss deepening energy cooperation. CNPC Chairman Dai Houliang met with Minister Hardeep Singh Puri i...