Page 2 - Shubhangi Mathur

BP names interim chairman Ian Tyler as chair with immediate effect

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

Govt brings back duty on petrol exports from Sept 1, cuts levy on ATF

Diesel export duty rises to Rs 25 per litre and petrol attracts a Rs 1.5 levy, while the export duty on aviation turbine fuel falls to Rs 19 per litre

India's LPG consumption plunges 16% in Aug; petrol, diesel demand robust

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

ONGC to spend ₹1 trillion on deepwater exploration, drill 87 wells

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

India's crude import bill rises 41% to $13.7 bn in July on oil prices

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

Govt offers cheaper gas to CGD firms to accelerate household PNG rollout

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

Engineers India Q1 net profit rises 55% to ₹108.6 crore, revenue falls

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

Petronet LNG awaits clarity on Sep Qatar cargoes amid shipping disruption

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

India exports first gasoline cargo to Russia as refinery outages mount

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

BP India plans $3-4 bn upstream bets by 2030: Chairman Kartikeya Dube

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

Only 4 cases of ethanol contamination reported so far, says Hardeep Puri

Of 2,000 fuel samples collected each day, only 4 cases of fuel contamination have been reported so far, oil minister Hardeep Singh Puri noted

India's ethanol blending drive backed by science: Brazil trade minister

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

India needs to boost strategic storage capacity: BP India head Dube

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

ONGC Q1 results: Net profit jumps 112% to ₹17,034 cr, revenue up 45.2%

The upstream company's revenue from operations rose 45.2 per cent YoY to Rs 46,460 crore in Q1

OMCs regularly monitoring fuel quality at retail outlets, says govt

The government said only two cases of chloride contamination were found in the entire country

L&T secures 'ultra-mega' order worth over ₹15,000 crore from ADNOC

To execute EPCIC of offshore facilities, besides upgrading the existing ones

Indian Oil to invest ₹1 trillion in petrochemicals over next 5 years

The state-run refiner plans to raise petrochemical intensity to 16% while expanding renewables, pipelines, green hydrogen and sustainable aviation fuel capacity.

Govt raises windfall tax on petrol, diesel, ATF exports from August

Special additional excise duty on exports of petrol, diesel and aviation turbine fuel has been increased, while domestic excise duty rates remain unchanged.

Essar to invest $5.8 billion in UK energy transition projects by 2035

The group plans to invest £4.3 billion in low-carbon projects, including the Stanlow energy transition hub, while expanding its UK fuel retail network and exploring data centres

GRSE wins ₹1,032 crore ONGC order for four platform supply vessels

The state-run shipbuilder will design and construct four hybrid-propulsion platform supply vessels for ONGC to support offshore exploration and production activities.