India's oil and gas production fall in 2024-25
0India’s crude oil and natural gas production experienced declines in 2024-25 due to falling output from mature fields. This decrease has led to a rise in...
oil-&-gas
ONGC's cheaper APM gas supply falls, costlier new well supply doubles for city gas distributors
0India’s ONGC faces declining natural gas production from aging fields, impacting CNG and piped gas supplies to city distributors like IGL and MGL. GAIL has notified...
RIL-BP jet fuel market share rises to 7.5% in FY25
0Reliance Industries (RIL) and its British partner BP boosted their share in the domestic aviation turbine fuel (ATF) market by 2.5 percentage points, spurred by a...
Govt cut cheaper APM gas supply to CNG retailers IGL, MGL, Adani Total Gas
0The government has decreased the supply of lower-cost APM gas to city gas distributors like Indraprastha Gas Ltd by up to 20%, substituting it with more...
Reliance-BP-ONGC trio strikes big on debut; ONGC corners most OALP-IX blocks, Vedanta grabs 7
0In a landmark collaboration, Reliance Industries, BP, and ONGC secured a Gujarat offshore oil block in the OALP-IX bid round. ONGC emerged as the dominant winner,...
Gujarat State Petroleum Corp seeks LNG cargo for May delivery: Sources
0Gujarat State Petroleum Corp (GSPC) is looking to secure a liquefied natural gas (LNG) cargo for delivery in the second half of May. The tender for...
Amid tariff brawl, oil prices may not fall to 2015-16 level: BPCL
0BPCL’s finance chief, Vetsa Ramakrishna Gupta, anticipates oil prices to remain stable in the near term, fluctuating between $60-70 per barrel as US tariff uncertainties resolve....
Vedanta's Rs 50,000 cr investment in Assam: CM Himanta holds talks to prepare detailed plan
0Assam Chief Minister Himanta Biswa Sarma met with Vedanta Group representatives to plan the company’s Rs 50,000 crore investment in Assam’s energy sector. Vedanta aims to...
Diesel demand growth falls to lowest since pandemic
0India’s diesel demand growth hit a pandemic-era low in fiscal year 2024-25, rising just 2% due to a slowing economy and the increasing adoption of electric...
Back to Russian gas? Trump-wary EU has energy security dilemma
0As Europe grapples with energy security concerns amid geopolitical shifts and strained relationships with the U.S., major EU firms are considering a partial return to Russian...