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OIL AND GAS
Oil Price Today (June 11): Crude oil rises over 2% as US strikes Iranian targets again. $100/bbl in sight?- India, UAE move to expand strategic crude reserves; Abu Dhabi-linked oil storage may rise to 30 mln barrels
- US-Iran war: Oil seen averaging at $105 per barrel in June, July as brent remains below $100 a barrel
- Companies seek lifting of curbs on gas pipeline integrationIndian energy firms want the Petroleum and Natural Gas Regulatory Board to allow pipeline connections. This could free up nearly 10% of dom...10 Jun, 2026, 12.51 AM IST
- BP names heads for two main businesses after revampBP is reorganising its business into two core units, upstream and downstream. Gordon Birrell will lead the upstream operations, while Richa...09 Jun, 2026, 07.46 PM IST
- Govt hikes domestic LPG prices by Rs 29 per cylinderIndia imports 60% of its LPG requirement, with 90% of supplies sourced from West Asia. Despite the near closure of the Strait of Hormuz, In...09 Jun, 2026, 01.23 PM IST
- Indian economy, government finances, see mounting costs from Iran warIndia's economy, once humming with benign inflation and steady growth, now faces mounting costs from the Iran war. As a major oil importer,...09 Jun, 2026, 08.47 AM IST
- Petrol, Diesel Price today: Check fuel rates in Delhi, Mumbai, Lucknow, Bhubaneswar and other citiesToday Petrol, Diesel Price June 9: Fuel prices in India remain at their highest since May 2022, with petrol and diesel seeing cumulative hi...09 Jun, 2026, 08.45 AM IST
- Govt cuts subsidised LPG cylinders to Ujjwala beneficiaries to 4The government has cut the annual subsidised cooking gas cylinders for Ujjwala scheme beneficiaries to four. This move aligns support with ...08 Jun, 2026, 08.50 PM IST
- Cairn, Vedanta Oil & Gas raises output from Hazarigaon gas field in AssamCairn Vedanta Oil & Gas has achieved a significant milestone in Assam. The Hazarigaon field recorded its highest gas production. This contr...08 Jun, 2026, 05.57 PM IST
- India has 76 days of fuel reserves, oil supplies secure: Hardeep Singh PuriIndia possesses robust fuel reserves, sufficient for approximately one month of disruption. The nation's diversified sourcing strategy and ...08 Jun, 2026, 02.31 PM IST
- OMCs losing nearly ₹700 per domestic LPG cylinder despite price hike: GovtCooking gas prices have risen again. Oil companies are still losing about ₹700 on each domestic LPG cylinder. International prices are up d...08 Jun, 2026, 01.48 PM IST
- West Asia War: Hormuz strait will be open but with transit fees, Iran envoy to Moscow quotedIran and Oman will control passage through the Strait of Hormuz. New conditions, including transit fees, will be implemented. This follows ...08 Jun, 2026, 10.19 AM IST
- LPG Prices Hiked: Domestic cooking gas rates increased by Rs 29 per cylinder; Here's what consumers will now payLPG Price Today: Domestic LPG cylinder prices have been increased by Rs 29, taking the cost of a 14.2-kg cylinder in Delhi to Rs 942 with e...07 Jun, 2026, 08.21 AM IST
- Not just Andaman: After fresh gas finds, India expands oil and gas hunt along east coastIndia is intensifying efforts to discover new oil and gas reserves along its eastern offshore frontier by reprocessing decades-old seismic ...06 Jun, 2026, 04.38 PM IST
- 'Ocean of energy' found in Andaman: What the new gas discovery means? Can it reduce India's import dependence?Andaman oil discovery news: Oil India has confirmed the discovery of natural gas in an exploratory well in the Andaman Sea, marking a signi...06 Jun, 2026, 07.52 AM IST
- Oil India reports natural gas presence in second Andaman offshore wellOil India Limited has found natural gas in its third exploratory well in the Andaman offshore block. This is the second well in the block t...05 Jun, 2026, 02.31 PM IST
- Pakistan discovers oil and gas well in Sindh that can produce 2000 barrels of oil per dayPakistan's Oil and Gas Development Company Limited (OGDCL) has announced a significant oil and gas discovery in Sanghar district, Sindh pro...05 Jun, 2026, 12.24 PM IST
- Indian companies willing to deepen presence in Venezuela, says Minister Hardeep Singh PuriIndia is looking to deepen its energy partnership with Venezuela, with Indian companies expressing readiness to expand their presence. This...05 Jun, 2026, 10.59 AM IST
- Vedanta demerger: How will the mega restructuring impact dividend payouts for shareholders?Vedanta has completed a major demerger, splitting into four new companies. Investors are now assessing how this restructuring will affect t...05 Jun, 2026, 10.18 AM IST
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