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India has 76 days of fuel reserves, oil supplies secure: Hardeep Singh Puri
India possesses robust fuel reserves, sufficient for approximately one month of disruption. The nation's diversified sourcing strategy and expanding energy infrastructure provide a strong buffer. Petroleum Minister Hardeep Singh Puri expressed confidence that global supply shortages will be mitigated. Additional gas supplies will further strengthen energy security. India is well-positioned to manage potential disruptions.
OMCs losing nearly ₹700 per domestic LPG cylinder despite price hike: Govt
Cooking gas prices have risen again. Oil companies are still losing about ₹700 on each domestic LPG cylinder. International prices are up due to the West Asia conflict. This has increased supply costs significantly. Consumers pay less than global rates. Pradhan Mantri Ujjwala Yojana beneficiaries receive a subsidy on fewer refills annually.
Adani Ports wins 10-year marine services contract for Argentina's first LNG export project
Adani Ports and Special Economic Zone (APSEZ) said that it has secured a 10-year marine services contract for Argentina's first liquefied natural gas (LNG) export project.
Adani Ports' step-down arm secures 10-year marine services contract for Southern Energy FLNG project
Adani Ports and Special Economic Zone has secured a 10-year marine services contract for Argentina's first liquefied natural gas (LNG) export, marking its entry into South America and expanding its international marine services footprint.
Oil, AI, and geopolitics: The triple threat to FY27 earnings growth
Possible steep hike in oil & gas prices could lead to further rise in inflation, which, in turn, could push up bond yields, and hence, slowdown in banking credit growth.
Adani Ports bags 10-year contract for Argentina’s first LNG export project
Adani Ports has won a significant 10-year contract to support Argentina's inaugural liquefied natural gas export project. This deal, secured through a subsidiary, positions the Adani Group at the forefront of a venture expected to commence operations in September 2027. The project aims to produce millions of tonnes of LNG annually, potentially transforming Argentina into a key global energy supplier.
ONGC Share Price Live Updates: ONGC's Current Trading Status
Indian households continue to pay among the lowest cooking gas prices in the world: Petroleum Ministry
The Indian household continues to buy cooking gas much cheaper than the household in any neighbouring country, and far below the price paid in advanced economies such as the United States, Australia and Canada, the Ministry of Petroleum and Natural Gas said on Sunday, noting that a beneficiary of the Pradhan Mantri Ujjwala Yojana (PMUY) pays an effective Rs 642 for a 14.2 kg cylinder, and the general consumer in Delhi Rs 942, against a cost to supply that has now risen to over Rs 1,600.
LPG Prices Hiked: Domestic cooking gas rates increased by Rs 29 per cylinder; Here's what consumers will now pay
LPG Price Today: Domestic LPG cylinder prices have been increased by Rs 29, taking the cost of a 14.2-kg cylinder in Delhi to Rs 942 with effect from June 7. The hike comes after a previous increase in March and is aimed at partially offsetting losses incurred by oil marketing companies on subsidised cooking gas sales amid volatile global energy prices.
Market ends with minor cuts; Nifty settles below 23,400 level
The Nifty settled below the 23,400 mark. Metal, IT and oil & gas stocks witnessed selling pressure, while media, healthcare and realty shares attracted buying interest.
Oil India reports second natural gas discovery in Andaman offshore block
Oil India has reported the presence of natural gas in its third exploratory well in the Andaman offshore basin, marking the second hydrocarbon discovery from the block after a gas find reported in September 2025.
Oil India announces natural gas discovery in Andaman Shallow OAshore Block
Oil India (OIL) announced the presence of natural gas in its 3rd exploratory well Vijayapuram-3 (Loc. OAEB), drilled 15 km oA the east coast of the Andaman Islands at a water depth of 355 meters in the Offshore Andaman Block AN-OSHP-2018/1 under the Open Acreage Licensing Policy (OALP). OIL now establishes presence of hydrocarbon in 2 (two) wells out of 3 (three) exploratory wells drilled so far. Occurrence of natural gas was reported in 2nd exploratory well Vijayapuram-2 (Loc. OAEA) on 26 September 2025.