The Centre plans to monetise DSFs, storage assets, GAIL Gas equity and dark fibre leases to raise Rs 16,300 crore by FY30 as part of NMP 2.0, targeting both midstream and upstream segments
Mitsui O.S.K. Lines is holding talks with Indian OMCs for joint ownership of oil carriers as it plans to expand its India-flagged fleet by 60-70% amid rising focus on domestic shipbuilding
India's crude oil import bill fell sharply in January as the Indian basket price averaged $63.08/bbl - $17 lower than last year - easing the country's overall energy burden
BPCL will source crude purely on techno-commercial merit amid geopolitical flux, with talks on Saudi investment in its Andhra refinery, says CMD Sanjay Khanna
India's largest private refiner gets US general licence to purchase Venezuelan crude directly, potentially diversifying its crude slate and resuming imports after previous sanctions eased
New guidelines for CBG injection into pipelines and CGD networks aim to improve project viability, ensure safe integration and accelerate green fuel scale-up
Despite a thaw in trade talks, higher costs, logistics challenges and refinery constraints may limit any near-term boost in India's crude oil, gas and LPG imports from the US
TotalEnergies plans to ramp up LNG supplies to India, study expansion of Dhamra terminal, and deepen partnerships amid rising demand and geopolitical risks
Finance Minister Nirmala Sitharaman pitches tier-II and tier-III cities as engines of growth, rolling out reform-linked funding for city economic regions to drive balanced urban development
The refiner is now able to process heavy Venezuelan crude at its Kochi and Bina refineries, following upgrades that have enhanced the complexity of its refining system
ONGC had onboarded BP as Technical Services Provider (TSP) for Mumbai High in February 2025 to boost production, while retaining ownership and operational control of the field
