Closure of Saudi Arabia's East-West pipeline could constrain routing options for Indian refiners and raise landed crude costs as key transit routes face disruptions
West Asia conflict and energy security could dominate the BRICS Summit, with members also expected to discuss critical minerals, clean energy, transport and trade
OMCs are losing ₹5 a litre on petrol and ₹23 on diesel as Brent crude crosses $100 a barrel, while escalating US-Iran tensions add to India's energy supply risks
The order covers development of the Ratna-I and NLM-14 projects off India's west coast, including new platforms, subsea pipelines and brownfield modifications
ONGC Chairman and CEO Arun Kumar Singh says India must focus limited resources on technologies that address immediate and strategic energy requirements
Rising crude prices are squeezing fuel marketing margins and could widen India's oil import bill, while attacks in West Asia raise concerns over supplies through the Strait of Hormuz
Tyler, who joined BP's board as a non-executive director in April 2025, has served as interim chairman since May and will take over the role with immediate effect
LPG consumption fell 16.15 per cent year-on-year in August amid import pressures, while petrol and diesel demand rose 7.88 per cent and 6.46 per cent, respectively
State-run explorer plans to drill 87 deep and ultra-deepwater wells over five years as it seeks to arrest declining domestic crude oil and natural gas production
Crude import volumes rose 13 per cent to 21.4 million tonnes in July, while the Indian basket price averaged $82.04 a barrel amid supply disruptions in West Asia
Eligible CGD companies will receive an additional 200 SCM of lower-priced domestic APM gas for every incremental billed PNG connection above the specified threshold
Lower technical assistance and sub-contracting costs supported profitability, while the company's order book stood at Rs 14,424 crore at the end of the June quarter
QatarEnergy has extended force majeure until August and is yet to give Petronet LNG a definite plan for September supplies; 56 contracted cargoes have been affected
The shipment of around 350,000 barrels arrived on August 5, while two more cargoes are expected by month-end as attacks on Russian energy infrastructure disrupt refining
Among global oil and gas majors, BP has one of the strongest upstream presences in India, with its portfolio spanning exploration, deepwater development and production
Brazil's trade minister says India's ethanol blending programme is based on scientific research, while highlighting opportunities to expand crude oil exports and biofuel cooperation
BP India Chairman Kartikeya Dube says India should expand strategic reserves, diversify energy sources and increase domestic oil and gas production to enhance energy security
