India has allocated 55.97 billion rupees ($646.78 million) to support oil purchase for its strategic petroleum reserves. The ...

Budget documents indicated that the LPG subsidy for the financial year 2025 was allocated at ₹14,700 crore, but this amount was decreased to ₹12,100 crore for 2026.

Oil and Gas stocks were trading in the negative zone, with the BSE Oil & Gas index falling 471.49 points or 1.85% at 24957.48 at 13:47 IST.

India will provide 55.97 billion rupees ($646.78 million) support for purchase of oil for the country's strategic petroleum ...

The ISPRL phase II refers to the second phase of the Indian Strategic Petroleum Reserve Limited (ISPRL) project, which is a key initiative aimed at improving India's energy security. The purpose of ...

SIFC introduces comprehensive reforms in Pakistan's petroleum sector, raising E&P companies' gas sales quota to 35% and ...

Indian Oil had under-recoveries of ₹14,325 crore, while BPCL had under-recoveries worth ₹7,200 crore, HPCL, whose shares are ...

February greeted consumers with higher prices of liquefied petroleum gas (LPG). In separate advisories, Petron and ...

Oil & Natural Gas Corpn Ltd has added 8.76% over last one month compared to 2.92% fall in BSE Oil & Gas index and 1.18% drop in the SENSEX ...

Oil India will hold 100% shareholding in the new entity. The company added that the Petroleum Ministry along with DIPAM and NITI Aayog had in September 2024 approved the formation of Wholly-Owned ...

Key divestment candidates, Ajay Garg of SMC Global Securities said, include CONCOR, BPCL, LIC, SCI and HAL, all of which are ...

A top Russian official warned an advanced U.S. missile defense shield move could lead to military "confrontation" in space.