The company said it was ensuring fuel availability across its network after Petroleum Secretary Neeraj Mittal said private retailers would be told to stop capping sales.
Petrol sales rose 7.21 per cent and diesel sales 4.86 per cent in September, while LPG consumption fell 9.15 per cent amid import dependence and West Asia supply disruptions
Oil output from flagship KG-DWN-98/2 has slipped to around 20,000 bpd against a 45,000-bpd peak target, with complex reservoir geology posing a challenge to sustaining production
Russia supplied 1.74 million barrels per day of crude to India in September through September 27, as constrained West Asian supplies limited alternatives for refiners
Oil Minister Hardeep Singh Puri said India has navigated the crisis so far, but closure of key chokepoints could create supply challenges if the conflict escalates
The 424.5-km pipeline will have a capacity of 6.84 mscmd and transport regasified LNG from the Kochi terminal to key demand centres in Kerala and Tamil Nadu
State-run Oil India plans to drill deepwater exploration wells across the Andaman, Krishna-Godavari, Mahanadi and Kerala-Konkan sedimentary basins over three years.
Petroleum dealers have sought exemption from MDR on UPI fuel purchases above Rs 2,000, warning that the additional transaction cost could put pressure on prescribed dealer margins
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