Market News
Stay updated with the latest market trends, earnings, and economic indicators.
RIL, foreign firms refute in SC Centre's claim of 'unjust' extraction of gas from KG basin
Reliance Industries and its offshore partners are strongly denying allegations of siphoning gas from ONGC fields. The companies are in the Supreme Court challenging a High Court verdict that overturned an arbitral award in their favor. The Centre had demanded over a billion dollars for gas allegedly migrated from ONGC blocks to their KG-D6 area.
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.
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.
Oil & Natural Gas Corpn Ltd spurts 0.28%, gains for five straight sessions
Oil & Natural Gas Corpn Ltd is quoting at Rs 301.75, up 0.28% on the day as on 12:44 IST on the NSE. The stock is up 22.03% in last one year as compared to a 5.01% fall in NIFTY and a 12.16% fall in the Nifty Energy.
Five Stocks To Buy: ONGC, NTPC Green, Biocon And More | May 14, 2026
Top picks include bullish setups in ONGC, NTPC Green Energy, South West Pinnacle, Amber Enterprises, and Biocon.
Coal Gasification Scheme worth Rs 37.5k cr cleared to fortify energy security
Financial support to developers will be provided at a maximum of 20% of the cost of plant and machinery through a competitive bidding process, where incentives will be disbursed in four equal instalments linked to project milestones. The incentive for a project will be capped at Rs 5,000 crore and for any single product, except synthetic natural gas and urea, will be capped at Rs 9,000 crore. Incentive for a single entity group will be capped at Rs 12,000 crore across all projects.
MSCI Rejig: MCX, Indian Bank make the cut; RVNL, Kalyan Jewellers dropped
On the flip side, HUL, Bajaj Finance, TCS, ONGC, UltraTech, Infosys, HAL, Coal India, Mahindra & Mahindra, Nestle India, Power Grid are among the 75 names whose weightage will see a decline on the MSCI Standard Index.
Stocks making the biggest moves midday: ONGC, Infoys, TCS, JSW Energy, Bharat Forge and more - financialexpress.com
Stocks making the biggest moves midday: ONGC, Infoys, TCS, JSW Energy, Bharat Forge and morefinancialexpress.com
TTK Prestige Ltd leads gainers in 'A' group
Oil India Ltd, Paradeep Phosphates Ltd, Lloyds Engineering Works Ltd and Oil & Natural Gas Corpn Ltd are among the other gainers in the BSE's 'A' group today, 12 May 2026.
Q1 fuel losses may eliminate entire fiscal-year earnings of Indian OMCs
Since the war broke out in the Middle East 10 weeks ago, state-owned oil marketing companies (OMCs) have ensured uninterrupted supplies of petrol, diesel and cooking gas LPG at rates that are way below cost, unlike many global energy systems that imposed rationing or passed through steep price increases.
India declines Russian LNG under sanctions, talks continue on permitted cargoes, sources say
India has refused Russian liquefied natural gas shipments under United States sanctions. This decision comes amid energy supply concerns due to Middle East tensions. A Russian LNG tanker bound for India remains in limbo. India prioritizes avoiding sanctioned cargoes due to compliance risks. Russia seeks new markets for its LNG exports.
India has 60 days of crude oil, 60 days of Natural Gas & 45 days of LPG rolling stock: Centre
India is launching a national mission to conserve fuel amid global energy market turmoil. The government assures citizens of robust energy security and ample reserves. This collective effort aims to ease the nation's financial burden from high international crude prices. Prime Minister Modi urges public participation to reduce consumption and protect foreign exchange reserves.