Sector Oil and Gas - Latest news, views and updates

Palm Oil Jumps On Demand Prospects After India Cuts Import Duty

SECTOR | 03 Jun 2025

NDTV Profit

Futures in Kuala Lumpur rose as much as 2.6% after India announced on Friday a reduction to levies on edible oils including palm and sunflower in an effort to lower retail prices.

Adani Group stocks tumble on reports of US probe into Iranian LPG trade

SECTOR | 03 Jun 2025

Business Standard

Adani Group shares came under pressure on reports of a US probe into alleged Iranian LPG imports in violation of sanctions

Adani says it doesn't handle Iranian cargo, unaware of any US probe into Iran sanctions violations

Business Line | 02 Jun 2025 2 more

Adani Group Denies Report On Alleged Iranian LPG Links, Says Unaware Of Any US Probe

NDTV Profit | 02 Jun 2025

Adani Group comes under scanner for importing Iranian oil: Report

Business Standard | 02 Jun 2025

ATF Cuts Price For Third Consecutive Month, Commercial LPG Rate Down By Rs 24

SECTOR | 02 Jun 2025

NDTV Profit

The Aviation Turbine Fuel was slashed by 3% on softening international benchmark prices.

Govt cuts APM gas price for first time in 2 years

SECTOR | 01 Jun 2025

Business Line

The price of natural gas from legacy fields allocated to ONGC without auction has been reduced from $6.75 to $6.41 per mmBtu, according to a notification from the Oil Ministry

Govt cuts natural gas price for CNG, cooking use for first time in 2 yrs

Business Standard | 01 Jun 2025 4 more

LPG Price: 19 Kg Cylinder Rates Cut By Over Rs 24Check Rates

NDTV Profit | 01 Jun 2025

Aviation turbine fuel prices cut by 3%, commercial LPG rate down by 24

Business Line | 01 Jun 2025

Jet fuel price cut by 3% to 83,072/kl on softening global oil benchmarks

Business Standard | 01 Jun 2025

Oil companies cut commercial LPG price by 24; new rate effective June 1

Business Standard | 31 May 2025

Global crude oil prices to be around $65/barrel: Oil Minister

SECTOR | 30 May 2025

Business Line

Hardeep Singh Puri said more crude oil will be available in countries like Brazil, Guyana, Suriname, Canada, and Argentina.

Oil Minister Hardeep Singh Puri Expects Crude Prices To Stay Around $65 Per Barrel

NDTV Profit | 30 May 2025

Foreign technical partners to have 1st right of refusal on oil finds: Puri

SECTOR | 30 May 2025

Business Standard

Petroleum minister cites ONGC-BP and Oil India-Petrobras deals as models where foreign technical partners will be given priority rights on oil or gas discoveries

Goodluck India Targets 1820% Revenue Growth, Led By Hydraulic Tube And Artillery Shell Production

SECTOR | 28 May 2025

NDTV Profit

Goodluck India aims to expand its presence in the defence sector through its new subsidiary, Goodluck Defence and Aerospace.

How to trade crude oil? Mohammed Imran of Mirae Asset Sharekhan decodes

SECTOR | 27 May 2025

Business Standard

Oil markets may face an oversupply in the second half of 2025, alongside potentially weakened demand due to Trump's inclination towards universal tariffs

Oil companies losses on LPG expected to decrease by around 45% in FY26 if crude prices remain at $65 per barrel: Report

SECTOR | 17 May 2025

Business Line

The report stated that the cumulative LPG under-recoveries are likely to reduce significantly next fiscal year, mainly due to a mix of higher retail prices and lower international LPG prices

Delhi's PNG rollout to 111 villages crucial course correction in India's clean energy drive: Experts

SECTOR | 16 May 2025

Business Line

The initiative by the Delhi government in partnership with IGL and other city gas distribution companies aims to replace traditional biomass and LPG use with cleaner, safer, and more affordable piped gas connections