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Petronet LNG secures Rs 12,000 crore loan for petrochem project
oil-&-gas

Petronet LNG secures Rs 12,000 crore loan for petrochem project

Petronet LNG has secured a significant ₹12,000 crore loan. State Bank of India and Bank of Baroda are providing the […]

Oil Ministry readies formula for new IOC board maths
oil-&-gas

Oil Ministry readies formula for new IOC board maths

The Oil Ministry is planning a significant overhaul of Indian Oil Corporation’s board. Three director positions are set to be […]

Ola only battery PLI beneficiary with established capacity: Centre
oil-&-gas

Ola only battery PLI beneficiary with established capacity: Centre

Ola is the sole battery production linked incentive beneficiary with established capacity. Union minister H D Kumaraswamy informed the Lok […]

Indian Oil Corp seeks LNG cargo for January delivery, sources say
oil-&-gas

Indian Oil Corp seeks LNG cargo for January delivery, sources say

Indian Oil Corporation has issued a tender for a liquefied natural gas cargo. The delivery is scheduled for January 20. […]

City gas firms race ahead on CNG, lag on home connections
oil-&-gas

City gas firms race ahead on CNG, lag on home connections

In a booming trend, Indian city gas companies are swiftly increasing the number of CNG stations, surpassing their initial targets. […]

Russia says India will continue to buy oil wherever it is profitable
oil-&-gas

Russia says India will continue to buy oil wherever it is profitable

India will continue purchasing oil from any source that proves profitable, prioritising its economic interests. This statement follows Russian President […]

Torrent Power Ltd to procure LNG from JERA Co., Inc.
oil-&-gas

Torrent Power Ltd to procure LNG from JERA Co., Inc.

Japan’s top power generator JERA has signed its first long-term LNG export deal with India’s Torrent Power, supplying four cargoes […]

Vedanta Group’s Cairn Oil & Gas seeks global partners for $5 bn expansion, invites bids for Gujarat gas output
oil-&-gas

Vedanta Group’s Cairn Oil & Gas seeks global partners for $5 bn expansion, invites bids for Gujarat gas output

Cairn Oil & Gas, part of Vedanta Group, has invited global partners to participate in multiple projects under its $5 […]

India needs to be “very careful” on how it engages with Russia on energy level: South Asia analyst Kugelman after Putin’s visit
oil-&-gas

India needs to be “very careful” on how it engages with Russia on energy level: South Asia analyst Kugelman after Putin’s visit

Kugelman’s remarks come after Russian President reaffirmed Russia’s long-standing energy partnership with India, declaring that Moscow will remain a steady, […]

Russia’s vital oil trade with India is down, but not out
oil-&-gas

Russia’s vital oil trade with India is down, but not out

India-Russia oil trade: Even January’s low is well above pre-war levels. More significantly, according to traders and refiners, volumes could […]

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