Page 3 - Shubhangi Mathur

ONGC partners with Japan's Mitsui to enter ethane shipping business

The explorer aims to capitalise on emerging opportunities in energy logistics, strengthen integration, and establish an operational presence in specialised shipping

US move on Venezuela oil lifts Reliance Industries, ONGC prospects

Indian oil companies that have invested in oil exploration projects in Venezuela might also be able to recover stuck dividends, with the US operating Venezuela's oil assets

Fuel demand remained strong in Dec; petrol sales grew 6.7%, diesel up 5%

Cooking gas demand increased by 12.7 per cent YoY in December supported by strong household demand

Switch to LNG may save $1 billion spent on oil imports, says PNGRB

Regulator's study is based on a scenario where 10% of diesel vehicle owners opt for LNG

India can save $1 bn in crude imports by replacing 10% diesel with LNG

Reducing liquid-fuel demand will lower exposure to global oil price shocks as India remains heavily dependent on imported crude oil, said the country's petroleum regulator

India's natural gas consumption seen rising 3-4% in FY27 on demand: Icra

After moderating in FY26, India's gas demand is expected to rebound in FY27 on higher industrial offtake and city gas distribution expansion, aided by softer LNG prices

Import of Russian oil hits 3-year low in Dec amid tighter Western sanctions

Despite sanctions, Rosneft remained India's largest Russian crude supplier in December; Lukoil also contributed significant volumes

Aramco, Oil India likely to pick up stake in BPCL's Andhra refinery

State-run BPCL is setting up a greenfield refinery and petrochemicals project near Ramayapatnam port in Nellore district to meet rising domestic demand and boost petrochemical exports

India reclaims third place in global wind market in 2025: BNEF report data

BloombergNEF says India is set to add 6.2 GW of wind projects in 2025, helping it reclaim third place globally and narrowing the gap with the US in second place

HMEL to invest ₹2,600 crore in Bathinda refinery for downstream expansion

HPCL Mittal Energy plans to invest Rs 2,600 crore at its Bathinda refinery to build polypropylene downstream industries and start fine chemical projects to expand its business

Govt's SHANTI Bill may put citizens' lives in danger: Prashant Bhushan

The SHANTI Bill could be challenged on the ground of violating Article 21 of the Indian Constitution, alleged Supreme Court lawyer Prashant Bhushan in a press conference in Delhi

India's crude oil import bill flat in November despite higher purchases

India's oil imports were worth $9.9 billion, largely unchanged Y-o-Y in November, as global prices slid

CGD transportation cost set to come down by ₹1,000 crore annually

PNGRB has cut tariff zones to two and will apply the lower Zone-1 rate for CNG and domestic PNG nationwide, reducing delivered CNG prices by Rs 1.25-2.50 per kg and PNG by Rs 0.90-1.80 per SCM

Ethanol producers face overcapacity as blending program hits roadblock

For ethanol supply year (ESY) 2025-26, several ethanol producers have procurement orders below capacity, forcing some to pause expansion plans as policy uncertainty grows around the blending roadmap

Nuclear sector needs strategy, skilled manpower to reach 100 GW by 2047

Revision in insurance policies, fuel-buying plans, and lack of skilled manpower among issues flagged for the industry

Govt amends petroleum, natural gas rules for ease of doing business

The Centre has amended the Petroleum and Natural Gas Rules, 2025 to ease exploration and production operations, allow longer leases, speed up approvals and raise penalties for violations

India's crude oil loadings from Russia dip, but robust in December

Unless wider secondary sanctions are introduced, India is expected to continue sourcing from non-sanctioned Russian suppliers, say experts

India gas consumption falls 7.5% in Jan-Oct amid monsoons, cheaper fuels

India's natural gas consumption declined 7.5 per cent in January-October 2025 to 56,760 MMSCM, as prolonged monsoons reduced power demand and cheaper alternate fuels drew users away, PPAC data show

Cairn Oil & Gas seeks global partners for recovery enhancement, rigs

The partnership would follow a gain-sharing model based on recovery and production improvements, with the partner holding full ownership of the recovery enhancement projects, said Cairn Oil & Gas

NE gas pipeline connecting Guwahati to Numaligarh partially commissioned

The section has also been connected to Numaligarh Refinery, which enables it to access natural gas through the grid, PNGRB said