Oil And Gas
ONGC reaches out to Shell, ExxonMobil, TotalEnergies, Chevron, others for production enhancement in western offshore
ONGC wants these global energy players to participate in its tender for the role of technical services provider.
3 min read27 Jan 2026RIL, ONGC to OMCs: What to expect from the oil and gas sector in Q3FY26 results?
Nuvama Institutional Equities, in a note, said that it forecasts O&G’s Q3FY26E aggregate EBITDA to jump 17% YoY, led by OMCs/RIL/CGDs, partially offset by ONGC and gas utilities.
2 min read9 Jan 2026Delhi HC orders status quo on govt's move to take over Vedanta’s Gujarat offshore oil block
The High Court has granted a status quo on the Union government's order directing Vedanta to hand over its offshore block in Gujarat to ONGC.
2 min read7 Jan 2026What happens when oil and gas wells die? West Virginia has a new plan for that
A privately financed fund aims to retire 20,000 wells at no cost to taxpayers.
2 min read16 Oct 2025Russia's FIRST reaction after Trump's claim on Moscow-New Delhi oil trade: 'In tune with India's national interests'
In response to Trump's claims over India's purchase of Russian oil, Russian ambassador Denis Alipov emphasised the importance of Russian oil to India's economy.
1 min read16 Oct 2025Oil & gas Q2 results preview: Will RIL and OMCs deliver a positive surprise amid steady crude oil prices?
Oil and gas sector is expected to see a robust year-on-year (YoY) growth led by RIL and OMCs. ICICI Securities expects profit after tax (PAT) for the sector to improve 14% YoY but dip 9% quarter-on-quarter (QoQ).
3 min read8 Oct 2025Regulator warns city gas companies against delaying submisison of performance bond guarantees
The petroleum regulator warns city gas distributors to submit annual performance bond guarantees on time or risk contract termination and bank guarantee encashment.
2 min read5 Sep 2025ONGC beat Oil India in Q1, but the tables could turn soon
Despite better profitability, ONGC has struggled to raise production, with the KG basin ramp-up delayed by an early monsoon. Oil India, meanwhile, has increased production at a 4.3% CAGR over the past three years.
2 min read15 Aug 2025BoI MF sees export sectors de-rated if US deal not inked in next few months
Indian markets are yet to feel the full impact of the US’s 50% tariff move, with hope of a trade deal keeping sentiment afloat, says Bank of India MF’s Alok Singh. He warns of de-rating of export-focussed sectors if talks fail, and backs banking, consumption and power over energy and FMCG.
5 min read11 Aug 2025NATO threatens 100% secondary sanctions over oil & gas trade with Russia: ‘If you live in Beijing, or Delhi…’
NATO's Mark Rutte cautioned India, China, and Brazil about the economic impact of continued trade with Russia, urging them to push for peace talks. With Trump's backing, Rutte warned of 100% secondary sanctions on nations buying Russian oil and gas.
2 min read16 Jul 2025