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In 1942, the tanker SS Gulfoil was torpedoed in the Gulf of Mexico; nearly 70 years later, NOAA found its wreck covered in Lophelia coralThe SS Gulfoil, a World War II tanker, has transformed into a stunning coral reef over the years. After resting on the seabed for decades, ...- India clears ₹7,000 crore LPG pipeline expansion across 6 statesIndia's oil regulator has approved nearly 1,800 km of new LPG pipelines. This expansion will significantly boost the country's fuel supply ...
- Hardeep Puri hails Assam Hydrocarbon Policy as landmark initiative; policy comes into forceWelcoming the policy, Puri said the initiative would put the Northeast on the path of fast-paced development while helping unlock Assam’s u...
- India buys its most expensive LNG in years as war upends marketIndian energy companies are paying more than $23 per mmbtu for September LNG cargoes, among the highest prices for imports since 2022, as t...
- Stocks in news: BPCL, HAL, RailTel, Saatvik Green Energy and Samvardhana MothersonIndian equity benchmarks ended a seven-session losing streak on Thursday, August 20. The NSE Nifty50 closed higher, reclaiming its 50-day e...
- India enters 'long-term arrangement' with Mauritius to supply petrol, diesel and aviation fuelIndia has signed a long-term supply arrangement with Mauritius for petrol, diesel and aviation fuel, strengthening energy cooperation betwe...
- Indian Oil close to signing LPG import deal with Algeria's Sonatrach for 2027: SourcesIndian Oil Corp has finalized a deal with Algeria's Sonatrach for LPG imports. This agreement will supply one very large gas carrier monthl...
- Tata Consumer likely to take 'calibrated' price hikes if cost woes persist; eyes double-digit FY27 growthTata Consumer Products anticipates sustained double-digit revenue growth through strong consumer demand. The company's fast-growing food an...
- India's July crude oil imports rise over 9% month-on-monthIndia crude imports: On an annual basis, crude oil imports were up 13%, from 18.89 million tons in July last year, data from the Petroleu...
- Government offers cheaper domestic gas to city gas distributors to boost PNG connectionsThe government will provide cheaper domestic gas to distributors. This incentivizes converting inactive piped natural gas meters into worki...
- Mahanagar Gas eyes 1 million new PNG connections in FY27, capex raisedMahanagar Gas Ltd is increasing capital expenditure by twenty percent this financial year. The company plans to triple daily piped natural ...
- Iran war: Hormuz crossings rise slightly from weekend, remain in single digits, data showsShip crossings via the Strait of Hormuz were low on Monday. Six commodity ships transited the strait, a slight increase from the weekend. N...
- Government weighs PNG drive 3.0 to speed up adoption; launch likely in SeptemberThe government is set to launch the PNG Drive 3.0 initiative, designed to expedite gas connections for households and industries alike. Pre...
- E20 petrol not sole reason for lower mileage, Centre saysThe government clarified that vehicle mileage depends on many factors, not just fuel. Extensive testing confirms E20 petrol meets quality s...
- India named first official partner country at Russian Energy WeekIndia will be the first official partner country at Russia's Energy Week forum. This partnership aims to attract greater Indian investment ...
- 'No substitute': Kuwait's future tied to Hormuz strait fateKuwait's oil exports have plummeted due to the ongoing war and Strait of Hormuz closure. The nation faces its biggest crisis since the 1990...
- Green energy federation asks govt to extend CBG blending rule to industrial consumersThe Indian Federation of Green Energy wants to expand compressed biogas blending obligations. This move aims to include large industrial ga...
- US refiners ramp up buybacks as Iran war boosts fuel marginsUS refiners Marathon Petroleum, Phillips 66 and Valero Energy reported combined second-quarter profits of $12.6 billion, benefiting from su...
- HPCL buys 4 million barrels of Middle Eastern crude, traders sayHindustan Petroleum Corp has bought 4 million barrels of Middle Eastern crude through a spot tender, according to trade sources. The state-...
- India expands LNG sourcing from 6 to 15 countries to cut supply risks: GovtIndia has nearly trebled its liquefied natural gas suppliers to fifteen countries. The nation also broadened its crude oil sourcing network...
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