Falling crude prices cut India’s oil import bill by 8.5% in December
Chennai: India’s crude oil import bill declined sharply in December, offering relief to the country’s external account as softer global oil prices offset a marginal rise in import volumes. Data from the Petroleum Planning and Analysis Cell shows that the oil import bill fell 8.5 per cent year-on-year to $9.7 billion in December, compared with $10.6 billion spent in the same month last year. This decline came despite India importing a higher volume of crude, underlining the impact of lower international prices on the overall import cost.

Indian refiners tap into Guyana, Saudi Arabia for crude imports

Indian refiners shift oil strategy; trim Russian buys and turn to Middle East

HPCL Q3 Results: Cons PAT soars 58% YoY to Rs 4,011 crore, revenue up 5%

India's growth, stable crude prices favourable for both producers and consumers: IOCL Chairman
 

HPCL to buy $3 billion worth of LNG from UAE’s ADNOC Gas under 10-year pact

Indian refinery MRPL looks to shift sourcing of crude oil from Russia to Venezuela

RIL’s timeline on earnings visibility from new energy business unclear
Mumbai/Hyderabad: Reliance Industries Ltd (RIL), which is now focused on its new energy business, is being cautious about disclosing any earnings visibility from the projects, with no timeline specified.

HPCL inks long-term LNG sale and purchase agreement with ADNOC Gas
ALNG is a subsidiary of ADNOC Gas, which is a large-scale integrated gas processing and sales company operating across the gas value chain. 

Chain reaction: Rosneft on radar, new Russian oil suppliers pop up for India

Mangalore Refinery & Petrochem scouts for Venezuelan oil as it halts Russian imports

India’s retreat from Russian oil sends China’s Urals imports to a nearly three-year high

India's MRPL scouts for Venezuelan oil as it halts Russian imports

Gulf Oil Lubricants ties up with ACE, Ammann India and XCMG to expand infra play

GAIL’s Srikakulam–Angul gas pipeline connects India’s energy heartland with eastern coast
New Delhi: State-run GAIL’s Srikakulam–Angul pipeline (SAPL) for transporting natural gas is an exercise to re-engineer India’s energy map, by connecting the eastern and western supply sources, while strengthening the National Gas Grid (NGG) with new operational flexibility. The SAPL is part of GAIL’s efforts to strengthen the National Gas Grid. Besides SAPL, the other critical pipeline projects include the Mumbai–Nagpur–Jharsuguda Pipeline (MNJPL) and the Gurdaspur–Jammu Pipeline (GJPL).

EIL achieves longest horizontal drilling across Brahmaputra river
New Delhi: State-run Engineers India (EIL) on Saturday said that it has achieved the most remarkable milestone with the pullback of the Brahmaputra HDD crossing of 4,058 meters—the longest ever Horizontal Directional Drilling (HDD) crossing in the world of 26 inch pipeline diameter. This historic accomplishment surpasses EIL’s own earlier record of 4,027 meters at the Ganga River, achieved under the same project, reaffirming EIL’s engineering excellence, innovation and execution capability in the most challenging terrains, the company said.

Oil India commences critical mineral exploration in Arunachal and advances Andaman oil appraisal
The Andaman Nicobar Basin has now established that it is a “petroliferous basin” and the presence of hydrocarbons has opened up new vista of confidence for India, Oil India CMD Ranjit Rath said here on Sunday. 

Engineers India wins over $350 million Dangote refinery expansion mandate in Nigeria

Indian Oil, Nayara lift Russian crude as RIL skips; IOC accounts for 43% of January imports

A 3-metre corridor, 694 km long: GAIL's expressway gas pipeline breakthrough

L&T bags 'large' order from Petronet LNG for Gujarat-based petrochemical plant

Oil prices rise as supply risks remain in focus

ONGC, Oil India and other oil-linked stocks in focus as crude slides after Iran tensions ease

Oil & Gas industry’s wish list for Union Budget: Review of cess on indigenous production, push for exploration and refining capacity

Reliance Q3 net grows a tad to ₹18,645 crore on oil, retail units

Global clean fuel needs to quadruple investment by 2030: WEF
Global clean fuel investment will need to quadruple from nearly $25 billion at present to over $100 billion annually by 2030 to meet clean energy targets, a new  study said on Thursday. Clean fuels can strengthen energy security and economic development goals, stimulating two to three times more jobs than conventional fuel sectors while diversifying national energy supplies, the World Economic Forum report said.

BPCL leads nationwide push to expand PNG and CNG adoption
Source Credit: PTI, The Tribune

Budget 2026: Oil industry seeks abolition or review of OID cess on pre-NELP and nomination blocks

India’s Russia oil trade may dip again, stranding cargoes at sea

Crude oil price sinks 5% after Trump eases Iran concerns