All content tagged with “Oil & Gas” - 50 items
Iran’s Foreign Minister Abbas Araghchi said Strait of Hormuz remains open for international shipping but vessels linked to the US and Israel will not be allowed to pass through it.
Brent crude rose by 2.8 percent to $107.54 a barrel since the growing number of hazards close to the key shipping routes in the Middle East have increased concerns regarding the supply chains.
Crude oil prices approach $120 per barrel amid escalating Middle East conflicts, forcing Asian governments to consider financial aid.
New facility to offer over 50 workstations, 16 cabins, investor and technical consultant rooms to boost startup ecosystem in the Northeast.
ONGC, IIT Bombay and SINE have signed an MoU to connect energy startups, academia and industry through the MC²⁺ Ignite accelerator.
Gastech 2026 will bring global energy leaders to Bangkok from September 14–17 to discuss rising demand, energy security and the low-carbon transition.
As India seeks cleaner and more affordable alternatives to diesel for heavy-duty transport, LNG offers a compelling bridge fuel with the potential to cut import costs, reduce emissions and strengthen energy security.
India’s energy demand could expand 2.5 times by 2047, accounting for nearly 25% of incremental global demand, Union Minister Hardeep Singh Puri said.
Siemens Energy is preparing to separate its industrial energy business, creating a standalone company focused on decarbonisation, hydrogen, oil & gas and industrial electrification.
Iran and Oman have agreed on a phased framework for a temporary shipping corridor through the Strait of Hormuz, alongside a joint mine-clearance initiative.
L&T Energy Hydrocarbon Onshore has secured a Middle East contract to build gas compression plants and associated power infrastructure for sour gas processing.
India’s offshore exploration and production sector is a strategic energy lifeline, with nearly 88% of hydrocarbon requirements met through imports, Rear Admiral Rahul Shankar said.
GAIL has appointed Dr Banwari Lal and Rupa Saikia as Non-Official Independent Directors for three years, effective August 12, 2026, following approval from the Ministry of Petroleum and Natural Gas.
The Government of India has notified the National Electricity Plan (Volume-II: Transmission) 2024, outlining transmission infrastructure expansion through 2032 to support rising electricity demand, renewable energy integration and projected peak power requirements.
Brent Crude fell more than 7% after signs of de-escalation between the US and Iran eased immediate supply concerns, though analysts cautioned that risks around the Strait of Hormuz continue to keep markets on edge.
External Affairs Minister S. Jaishankar and US Secretary of State Marco Rubio discussed energy, trade, defence, critical minerals and regional security during talks held on the sidelines of ASEAN meetings in Manila.
India's oil sector remains heavily reliant on imports even as refining runs at scale, while the power sector is meeting peak demand in full and adding solar capacity far faster than wind.
SK Sinha has assumed charge as Director (Finance) at GAIL, bringing over 30 years of experience in corporate finance and financial management.
ONGC has appointed Finance Director Anupam Agarwal as Chief Financial Officer. He succeeds Yogish Nayak S and brings over three decades of experience in finance and commercial management.
Iran has said safe navigation through the Strait of Hormuz requires coordination with Tehran, warning that alternative transit arrangements made without its involvement could be suspended.
Iran's Islamic Revolutionary Guard Corps has directed commercial vessels to use only Iran-designated shipping corridors through the Strait of Hormuz, escalating concerns over maritime security and global energy trade.
Coal Secretary Sanoj Kumar Jha said coal gasification will strengthen India's energy security, reduce import dependence and support industrial growth through value-added products.
The US and Iran have agreed to establish a direct communication mechanism to prevent miscommunication in the Strait of Hormuz in efforts to restore commercial shipping via the waterway.
The government has clarified it is not considering any proposal for a Middle East-India Deepwater Pipeline and no discussions are underway with Oman or other Gulf countries on it.
Iran has retained the capability to disrupt shipping through the Strait of Hormuz despite the recent peace agreement with the US.
This leadership conference comes at a pivotal moment as rising Liquified Natural Gas (LNG) dependence, expanding pipeline infrastructure and the emergence of clean molecules reshape India’s energy, industrial and market architecture.
The US and Iran have reached an agreement to end months of tensions, leading to the reopening of the Strait of Hormuz.
External Affairs Minister S Jaishankar has defended India's purchases of Russian crude oil, saying the decision was driven by market conditions and energy security considerations rather than geopolitical alignment.
US President Donald Trump has indicated that a deal with Iran could be signed soon, potentially reopening the Strait of Hormuz and easing concerns over global oil supplies and energy prices.
Indraprastha Gas Ltd has appointed Kumar Shanker as Managing Director, bringing more than three decades of experience across natural gas, petrochemicals and city gas distribution.
The US and Iran accounted for nearly two-thirds of India's LPG imports in May as geopolitical tensions reshaped the country's import basket and supply chains.
India and Venezuela have explored deeper energy cooperation as Venezuelan crude imports surge, strengthening New Delhi's energy diversification strategy amid global supply uncertainties.
ONGC has appointed Anupam Agarwal as Director (Finance), bringing more than 35 years of experience in finance and commercial management in the oil and gas sector.
BHEL has won a ₹2,000-2,500 crore order from Dangote Petroleum Refinery in Nigeria to supply eight gas turbine generator packages.
Hindustan Petroleum Corporation Ltd has appointed K Vinod as Chief Financial Officer, effective June 1, after overseeing corporate finance and treasury functions at the company.
Venezuelan Acting President Delcy Rodríguez will visit India from June 3-7 to strengthen cooperation across energy, trade, finance, science and technology sectors.
Indraprastha Gas Ltd has appointed Ajai Tyagi as Head of Business Development & Corporate Strategy as the city gas distributor focuses on network utilisation and customer growth.
Bharat Petroleum Corporation Ltd has appointed P K Nayar as Director (Human Resources), bringing nearly 35 years of experience across refining, marketing and corporate operations.
The government said India has sufficient petrol, diesel and LPG supplies, while public sector oil companies continue absorbing losses to shield consumers from global volatility.
The government has amended LPG rules to simplify transition for consumers opting for Piped Natural Gas connections in PNG-covered areas.
The government has intensified enforcement against LPG hoarding and black marketing while tightening domestic cylinder delivery verification systems.
As offshore activity deepens and climate risks intensify, Oil Spill India 2026 to be held in New Delhi will shift the focus from response to anticipatory, technology-led spill management, bringing policy, industry and science into a unified resilience framework.
Rising environmental and economic risks are driving a transition towards preparedness-led systems focused on early detection, coordination and rapid response.
PM Modi’s UAE visit comes amid West Asia tensions, with energy security, crude supplies, LNG partnerships and Strait of Hormuz disruptions expected to dominate bilateral discussions.
Prime Minister Narendra Modi urges fuel conservation, public transport use and energy efficiency amid rising crude and fertiliser prices linked to the West Asia crisis.
Govt-backed project aims to commercialise indigenous lightweight type-IV CNG cylinders to support India’s clean mobility ecosystem.
GAIL installs 74 kW rooftop solar system in Varanasi, expected to generate over 1 lakh units of clean electricity annually.
ONGC appoints Yogish Nayak S as CFO, strengthening financial leadership amid evolving energy market dynamics.
Hardeep Singh Puri meets S&P Global President to discuss global energy demand and supply resilience amid disruptions in the Strait of Hormuz.
Maharashtra establishes state, district and local oil spill emergency groups to strengthen maritime disaster response in line with national contingency framework.