Oil & gas

Kinder Morgan is set to acquire Texas pipelines from NextEra Energy Partners in a $1.82 billion deal

07 Nov 2023

Kinder Morgan, a U.S. gas pipeline operator, stated that it would acquire NextEra Energy Partners gas pipelines in South Texas. This statement was announced on Monday, 6 November 2023. The deal is said to be worth $1.82 billion.

Metropolitan LPG cylinder prices surge by Rs 100 for 19-Kg commercial cylinders – stay updated on current rates

01 Nov 2023

Indian state-backed oil marketing companies, or OMCs, have increased the price of their 19-kg commercial liquefied petroleum gas (LPG) cylinders by about Rs 100.

World Bank warns Middle East conflict could trigger global commodity and oil price surge

31 Oct 2023

The World Bank has sounded the alarm, cautioning that the ongoing conflict between Israel and HAMAS in the Middle East has the potential to significantly

Oil price soars as concerns over supply creep in amid Israel-Hamas conflict

11 Oct 2023

The price of oil rose higher on Wednesday, 11 October, with investors concerned about supply disruptions due to the Israel-Hamas conflict.

Oil prices shot up to $89 a barrel amid the Israel-Hamas conflict

09 Oct 2023

Oil prices rose up to $89 a barrel in Asian trade on Monday, 9 October, amid intense military clashes between Israel

India, US, Brazil join to spearhead Global Biofuels Alliance

10 Sep 2023

In yet another big deal for India, which is the current president of the G20, the summit in New Delhi announced the formation of a Global Biofuels Alliance.

Chevron to acquire PDC Energy in $6.3 billion all-stock deal

13 Jul 2023

PSUs to produce more than 1 million tonnes of green hydrogen by 2030: Hardeep Singh Puri

11 Jul 2023

RIL-bp starts production at third deepwater field in KG D6 block

10 Jul 2023

At its peak, the three fields in the KG D6 block will together produce around 30 million standard cubic metres of gas a day (1 billion cubic feet a day), amounting to a third of India’s current domestic gas production

Europe’s oil imports via India seen rising above 3,60,000 barrels per day

08 May 2023

L&T’s hydrocarbon business wins mega contracts in the Gulf

10 Apr 2023

Piramal Realty partners with Jio-bp for installation of EV charging stations across residential projects

04 Apr 2023

Govt targets 20% ethanol blending of petrol by 2025-26

21 Mar 2023

Jio-bp introduces E20 blended petrol

15 Feb 2023

Russia's Lukoil rejects US buyout firm’s offer to buy its Sicily refinery

07 Nov 2022

BP to buy US biogas producer Archaea for $4.1 bn

28 Oct 2022

The addition of Archaea’s production and pipeline has the potential to take BP’s biogas supply volumes to around 70,000 boe/d globally by 2030

RIL Q2 net almost static at Rs15,512 cr

25 Oct 2022

Reliance Industries’ standalone net profit declined by 25.1 per cent to Rs6,915 crore for the quarter ended 30 September 2022 even as Jio Platforms, a subsidiary of RIL, reported a 26.9 per cent increase in consolidated net profit at Rs4,729 crore

Reliance BP Mobility adds 29 fuel outlets in H1 FY23

25 Oct 2022

Cabinet approves Rs22,000-cr compensation to OMCs for losses in domestic LPG

13 Oct 2022

Opec+ decides to cut production despite Russia’s objection

09 Sep 2022

Sanctioned Russian oil reaching US, Europe via India: report

08 Sep 2022

Adani Wilmar reports Rs194-cr Q1 net profits; pays 155% dividend

08 Aug 2022

German govt may invest up to $9.4 bn to bail out Uniper

08 Jul 2022

German gas giant Uniper, the country's largest buyer of Russian gas, has been done down by the government’s own denial of gas imports from Russia

Cabinet approves deregulation of sale of domestically produced crude oil

04 Jul 2022

L&T wins two major offshore contracts overseas

28 Jun 2022