India's refiners and gas supply firms have been actively scouting for long-term gas contracts worldover in a bid to achieve energy security amid an uncertain trade scenario and post Russian major Gazprom's contract renege with India's state-owned Gail in 2022.
3 min read30 Jan 2026The state-run firm is in talks with Danish shipping major Maersk, Italian major Mediterranean Shipping Company SA, and Germany's HAPAG-Lloyd to source crude oil from the planned LNG bunkering facility at Kerala's Vizhinjam port, Rahul Tandon, head of BPCL's gas business, told Mint.
2 min read28 Jan 2026BPCL, Petrobras to sign term contract for 12 million crude oil barrels at India Energy Week in Goa next week. PM Narendra Modi will meet global energy executives from TotalEnergies, BP, Vitol, HD Hyundai, Vedanta, ReNew at the event.
2 min read23 Jan 2026In an exchange filing, the Maharatna PSU company also informed that the board will also consider the declaration of the second interim dividend for the financial year 2025-26.
2 min read17 Jan 2026Oil marketing companies BPCL, HPCL, and IOCL saw share price rallies of up to 4% on January 16, rebounding from recent losses as global crude prices dropped due to easing Middle East tensions. Cheaper crude benefits OMCs by lowering refining costs and improving cash flow.
2 min read16 Jan 2026The energy company joins British peer Shell in warning that weak fourth-quarter oil-trading performance would drag on earnings.
1 min read14 Jan 2026Reliance Industries has denied claims of a $30 billion demand from the Indian government, calling such reports factually incorrect.
1 min read29 Dec 2025In 2012, the oil ministry told parliament in a written statement that prior to commencing the work on the D6 gas fields, Reliance had estimated the recoverable reserves from D1 and D3 at 10.3 trillion cubic feet (tcf) before revising that down to 3.1 tcf.
3 min read29 Dec 2025Castrol India shares jumped 9% during the stock market session on 24 December 2025, after the company's parent firm, BP, announced its move to sell 65% of its stake in the global giant for $6 billion to Stonepeak. Here's how the shares have performed over time.
2 min read24 Dec 2025Former Exxon executive Meg O'Neill is set to become the first woman to lead an oil major.
3 min read18 Dec 2025