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Cairn, Vedanta Oil & Gas raises output from Hazarigaon gas field in Assam
Cairn Vedanta Oil & Gas has achieved a significant milestone in Assam. The Hazarigaon field recorded its highest gas production. This contributes to India's energy security. The field supports tea gardens, powers CNG buses, and supplies gas to Numaligarh Refinery. The company ensures responsible operations and efficient resource use. This work reflects steady progress in the region.
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.
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.
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.
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.
India's ageing ammonia plants need upgradation, says industry body FAI
India's fertiliser sector faces a challenge with its heavy reliance on imported natural gas. The Fertiliser Association of India is urging for improved efficiency and new technology in ammonia production. This is crucial for strengthening domestic fertiliser security. The industry is working towards better plant operations and maintenance.
Oil may stay expensive even if West Asia tensions ease, pressure OMCs: ICICI Securities
Probal Sen, Oil and Gas Analyst at ICICI Securities believes global energy supply chains have structurally changed after the Middle East conflict. India is increasing crude imports from Venezuela, Russia, the US and Africa to manage shortages, but cheap crude is no longer available.
Oman beats Qatar as India’s top LNG supplier as war disrupts Gulf gas flows
In a significant turn of events, Oman has emerged as India's top source for liquefied natural gas, particularly following the upheaval caused by the Iran war that interrupted gas flow in the Gulf region. This strategic pivot took place in March, with Indian buyers seeking more stable energy alternatives.
Coal India, ONGC, among 10 stocks with highest increase in government holding in Q4. Do you own any?
Despite broader market volatility, rising prices in power, energy and metal stocks boosted the value of Government of India holdings during the March 2026 quarter, led by ONGC, NTPC and Coal India.
Indian power firms snap up gas to meet rising night-time cooling demand
India's power companies have significantly boosted natural gas purchases from a domestic exchange, quadrupling them to combat soaring summer electricity demand. Blistering heatwaves have driven peak power needs to record highs, forcing reliance on gas-fired plants. Despite price hikes and supply challenges, this fuel is crucial for meeting demand, though shortages persist.
Reliance warns of a volatile oil market in FY27, bets on gas and green chemicals for growth
In the upcoming financial year FY26-27, Reliance Industries Limited is preparing for a potential slump in global oil demand, driven by high crude prices, economic slowdowns, and geopolitical unrest in the Middle East. However, the company is positioning itself to seize a long-term opportunity in the energy and materials sectors.
World faces biggest-ever energy security crisis as Iran war disrupts fuel flows, warns IEA
The world faces an unprecedented energy security crisis, forcing nations to seek new supply routes and boost domestic production. The International Energy Agency warns this will reshape global investment, mirroring the 1970s oil shocks. While renewables and nuclear power see growth, natural gas and even coal are experiencing a resurgence amid fears of supply disruptions.