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Business News/Topic/ Oil & Gas

OIL & GAS

Get the latest Oil & gas news, videos and headlines. Explore more for Oil & gas breaking news, opinions, special reports and more on mint.

The hydrocarbon industry has shown no hurry to upgrade its pipe valves. (Bloomberg)

David Fickling: How a simple valve can cut fossil fuel emissions but won’t

4 min read . 14 May 2025

BPCL assured citizens that sufficient petrol, diesel, CNG and liquefied petroleum gas (LPG) are available across its nationwide network. (PTI)

State-run fuel retailers assure ample supply amid rising tensions with Pakistan

3 min read . 10 May 2025

Ranjit Rath, chairman and managing director of Oil India Ltd. (Bloomberg)

Major discovery likely from blocks offered in OALP rounds, says OIL CMD

2 min read . 16 Apr 2025

Trump’s tariffs threaten U.S. oil growth, LNG exports, and global energy dominance despite a 90-day pause.

Trump’s tariffs threaten America’s status as energy superpower

5 min read . 11 Apr 2025

According to the proposal, If the commissioning deadline of the city gas distribution network is missed or if service obligations are not met, the insurer would pay the regulator the assured bond amount. (Photo: Bloomberg) (MINT_PRINT)

Insurance surety bonds may be added as guarantee for city gas projects

2 min read . 28 Mar 2025

India's oil and gas sector is experiencing a downturn, with Nifty Oil & Gas indices down 27% since August 2024. Most stocks have reported losses, highlighting challenges like stagnant crude prices and increasing subsidy pressures. Experts suggest mixed performance ahead, influenced by geopolitical factors and crude price volatility. Photographer: Anthony Prieto/Bloomberg (Bloomberg)

What is the road ahead for the ailing Oil & Gas sector? Analysts decode

3 min read . 25 Feb 2025

$Thanks in part to its ‘fracking’ revolution, the US is already the world’s largest oil and gas producer. (Bloomberg)$ Premium

US-India ties: Increased energy supplies from America augur well for us

4 min read . 19 Feb 2025

Jérôme Sevin, partner and global lead for energy and process industry at consulting firm Kearney

Energy transition to get delayed amid Trump's push for oil, gas: Kearney's Sevin

4 min read . 17 Feb 2025

An RIL facility in the Krishna Godavari basin. The latest verdict marks a significant victory for the Union government in its long-running legal battle with RIL over gas migration in the KG basin.

HC overturns arbitration award favouring Reliance in $1.7 bn gas migration case

3 min read . 14 Feb 2025

Hitesh Vaid, chief financial officer of Cairn Oil & Gas.

Why Cairn Oil & Gas is seeking a global partner for India

2 min read . 13 Feb 2025

The Paris-based organization now forecasts global demand to grow by 1.1 million barrels a day in 2025 from 990,000 barrels a day previously. Photo: Japan Petroleum Development Association via Bloomberg News

IEA lifts 2025 oil-demand forecast but expects growth to remain subdued

3 min read . 12 Dec 2024

Gail has said this is the first SPA Adnoc Gas has inked with an Indian buyer.

State-run GAIL signs long-term LNG supply contract with Adnoc Gas

1 min read . 14 Nov 2024

Windfall tax is imposed periodically on locally produced crude oil. (Photo: Reuters)

Finance ministry to take call on scrapping windfall tax on oil: Tarun Kapoor

2 min read . 23 Oct 2024

HSBC downgrades ONGC: Falling oil prices and production challenges raise concerns, sees 22% downside

HSBC downgrades ONGC to ‘reduce’ on earnings concerns, sees 22% downside

3 min read . 24 Sep 2024

A Gazprom worker walks next to pipelines at a gas measuring station at the Russian-Ukrainian border in Sudzha near Kursk, some 500 km south of Moscow, Ukraine and Russia have agreed—for now—to keep gas moving through Sudzha. (File Photo: Reuters)

The West still needs Russian gas that comes through Ukraine

3 min read . 06 Sep 2024

ONGC Videsh Ltd-led Indian consortium has a 30% stake in Rovuma Area-1 Offshore Mozambique project.

India’s wait for Mozambique LNG gets longer, at stake $8 bn investment

5 min read . 27 Aug 2024

The oil supply deals with the Indian companies are expected to be finalized soon.

IOC, HPCL, BPCL in talks with Petrobras for long-term oil deals

4 min read . 05 Jul 2024

GAIL has given multibagger returns in the last 1 year.

Jefferies lists 3 stocks that may rise if natural gas is included in GST

2 min read . 14 Jun 2024

FILE PHOTO: A concrete gravity-based structure (GBS) of Arctic LNG 2 joint venture is seen under construction in a dry dock of the LNG Construction center near the settlement of Belokamenka, Murmansk region, Russia (Reuters / Stringer)

What EU sanctions on Russian LNG would mean for global gas

4 min read . 14 May 2024