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GAIL Q4 results: PAT falls 15% QoQ to Rs 1,485 crore; co declares Rs 0.5 dividend
GAIL reported a Q4 consolidated PAT of Rs 1,485 crore, down 15% sequentially. The company declared a Rs 0.5 dividend. For FY26, consolidated PAT fell sharply by 39% to Rs 7,582 crore, mainly due to global energy headwinds, despite resilient operational volumes.
Adani Total Gas appoints Sanjay Pandita as CEO, effective May 22
Adani Total Gas has appointed Sanjay Pandita as its new CEO, effective May 22, 2026. With 25 years of experience in the energy sector, Pandita is recognized for his expertise in natural gas, LNG, and low-carbon solutions. His career includes significant contributions to India's clean energy transition and business growth in city gas distribution and mobility.
Buy, Sell Or Hold: Hitachi Energy, JK Tyre, Aditya Birla Capital, PNB, Maruti Suzuki, GAIL — Ask Profit
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Reliance Power Ltd rises for third straight session
Reliance Power Ltd is quoting at Rs 27.42, up 1.07% on the day as on 12:49 IST on the NSE. The stock is down 38.51% in last one year as compared to a 3.98% jump in NIFTY and a 14.01% jump in the Nifty Energy index.
Hindustan Petroleum Corporation Ltd up for third straight session
Hindustan Petroleum Corporation Ltd is quoting at Rs 387.35, up 1.2% on the day as on 12:49 IST on the NSE. The stock is down 3.46% in last one year as compared to a 3.98% slide in NIFTY and a 14.01% slide in the Nifty Energy index.
Deep under China's coal basins, PetroChina is unlocking gas from rocks
China is unlocking a new energy frontier with coal rock gas extracted from deep within its coal basins. This ambitious multi-billion-dollar initiative is set to bolster domestic natural gas production while easing its dependence on foreign imports. With PetroChina predicting vast output by 2035, this strategy could position China as a fortress against global energy volatility.
India’s next big energy bet may come straight from China’s coal handbook
The Strait of Hormuz closure is impacting Asia's chemical industry, pushing India to emulate China's coal-to-chemicals model for energy and food security. Despite domestic coal challenges and technological gaps, India is investing heavily to boost its coal-based chemical production, potentially extending the fossil fuel's demand.
Five Stocks To Buy: IOC, Hitachi Energy, Bajaj Auto And More | May 21, 2026
Top picks include Indian Oil Corporation (IOC), Bank of India, power technology major Hitachi Energy India, heavy electrical equipment maker CG Power, and automotive giant Bajaj Auto.
West Asia conflict fails to slow oil PSUs' capex push
Indian oil companies are pushing ahead with major expansion and clean energy projects. Indian Oil Corporation plans significant investments in refining and renewable energy. Bharat Petroleum Corporation Limited is also allocating substantial funds for refining and marketing. Hindustan Petroleum Corporation Limited's capital expenditure is expected to be slightly lower. These companies are focused on growth and energy transition.
Crude Nightmare: Gita Gopinath Warns Oil Can Hit $160 In June If Iran Deadlock Persists
According to Gopinath, a spike to those levels would severely hurt both the global economy and India, which relies heavily on the Middle East for energy imports.
BPCL taps US LPG spot market for first time amid Gulf supply disruption
BPCL has imported LPG cargoes from the US for the first time as India diversifies energy supplies amid West Asia conflict and Strait of Hormuz disruptions. The move aims to reduce dependence on the region, which earlier supplied nearly 90% of India’s LPG imports.
Expert View | Why are gold, silver rates likely to remain volatile in 2026? Kaynat Chainwala of Kotak Securities answers
India’s external balance remains far more sensitive to crude oil prices than to bullion imports. So, gold and silver can amplify the pressure, but crude is still the main swing factor as energy imports remain the dominant driver of dollar outflows, says Kaynat Chainwala of Kotak Securities.