Trump: Venezuela to transfer up to 50M barrels oil to US
President Trump announces Venezuela's interim authorities will transfer 30-50 million barrels of oil to the US, to be sold at market price. Details on the deal's impact and revenue.
Category : Search result: BSE Oil and Gas index
Oil Pipeline Bursts Twice in Assam's Dibrugarh, Spills Crude
An Oil India Limited pipeline in Dibrugarh's Tingkhong area ruptured twice within 12 hours, spilling crude oil onto farmlands and fish ponds. Locals report dead fish and fire risks. Read more on the environmental impact and OIL's response.
Trump's Venezuela Oil Strategy: Heavy vs Light Crude Explained
Discover the real reason behind US interest in Venezuela's oil reserves. It's not just about quantity, but the specific type of crude. Read the full analysis now!
Oil & Gas Sector Set for Strong Q3 FY26: Report
India's oil and gas sector is poised for robust Q3 FY26 performance, driven by strong marketing margins, despite pressures in upstream production. Key players like ONGC and OIL face headwinds.
World's Largest Oil Reserves 2025: OPEC Dominates
Venezuela holds the world's largest proven oil reserves in 2025. See where Saudi Arabia, Canada, Iran, and India rank in the global list. Key insights from OPEC's latest data.
ONGC Gas Pipeline Fire in Andhra Pradesh: Konaseema Incident
A major fire broke out at an ONGC gas pipeline in Andhra Pradesh's Konaseema district. Watch the video of sky-high flames and thick black smoke. No casualties reported as emergency response continues.
ONGC Well Fire in Andhra Pradesh After Gas Pipeline Leak
A major fire erupted at an ONGC-operated gas well in Andhra Pradesh's East Godavari district following a pipeline leak. No casualties reported. Read the full details on the incident and response.
Reliance, ONGC Shares Volatile After US Attack on Venezuela
US military strike on Venezuela triggers volatility in Indian oil stocks. Reliance shares hit an all-time high while ONGC fell 2%. Experts analyse the divergent impact on these giants.
Venezuela's Massive Oil Reserves Lead World, But Challenges Remain
Venezuela holds the world's largest proven oil reserves at 303 billion barrels, surpassing Saudi Arabia. Discover why this hasn't translated to economic prosperity and how oil still dominates global energy.
India's US crude imports jump 92%, Russia share dips
India's crude oil imports from the US soared over 92% in April-Nov 2025. Russia remains the largest supplier, but its share fell to 33.7%. Explore the shifting energy dynamics.
Expert: India's Edge in Venezuela Oil as Sanctions May Lift
Energy expert Narendra Taneja explains why Venezuela's vast oil reserves don't sway global prices yet, and the unique opportunity for experienced Indian firms when sanctions ease. Read more.
Venezuela Oil Revival Faces Hurdles, Won't Impact Prices Soon
Analysts say Trump's plan for US firms to rebuild Venezuela's oil sector won't move global prices near-term. Political instability & massive investment needs are key hurdles. Read more.
Venezuela, Iran Actions May Worsen 2026 Oil Glut
Geopolitical shifts in Venezuela and Iran could add to a projected 1.5-2 million barrel per day oil surplus in 2026, pressuring crude prices. Analysts warn scarcity fears are fading.
Indian Oil Buys Colombian Crude for First Time
Indian Oil Corp makes landmark Colombian crude purchase as Russia sanctions reshape global oil flows. Discover how India is diversifying its energy sources.
Jalandhar Girl Dies in Gas Geyser Leak Tragedy
A 14-year-old girl in Jalandhar died from suffocation due to a suspected gas geyser leak. The incident highlights critical safety concerns with LPG appliances during winter. Read more for crucial safety tips.
Gas Demand to Grow 3-4% in FY2027 After FY2026 Moderation
ICRA projects India's natural gas consumption will rebound in FY2027, driven by industrial pickup and CGD expansion. Read the full analysis on near-term trends and supportive energy prices.
Domestic Natural Gas Consumption to Surge 3.45% by FY27
ICRA projects a 3.45% CAGR in India's natural gas consumption by FY27, fueled by city gas distribution expansion and industrial demand. Discover the key drivers and economic impact.
PNG gets cheaper by 70 paise in Delhi-NCR from New Year
Indraprastha Gas Limited cuts domestic PNG prices in Delhi and NCR by 70 paise per unit from January 1, 2026. Nearly 25 lakh households to benefit. Read more.
IGL Cuts Piped Cooking Gas Price in Delhi-NCR
Indraprastha Gas Limited reduces PNG price by Rs 2.5 per kg in Delhi-NCR, effective immediately. This move brings relief to households and commercial users. Read for details and impact.
IGL Slashes Domestic PNG Prices in Delhi-NCR
Indraprastha Gas Limited reduces domestic PNG prices in Delhi, Noida, Greater Noida, and Gurugram. Check the new rates effective from January 1, 2025.
IGL Reduces Domestic PNG Prices in Delhi-NCR
Indraprastha Gas Limited slashes piped natural gas prices for households in Delhi, Gurugram, Noida, and Ghaziabad, offering New Year relief. Get the latest revised rates here.
IGL Reduces Piped Cooking Gas Price in Delhi NCR
Indraprastha Gas Ltd slashes PNG prices by ₹2.5 per kg in Delhi NCR, effective January 2026. Over 22 lakh households to benefit. Details on the new tariff structure here.
IEA: Low Crude Oil Prices to Continue Till 2026
The International Energy Agency forecasts a prolonged period of low crude oil prices due to a significant supply surplus and slowing demand growth. Discover the key factors and global implications.
Third death in Dhanbad toxic gas leak, villagers panic
A third villager dies in Dhanbad's Kenduadih area amid ongoing toxic gas leaks. Locals blame BCCL's negligence as fear grips the community. Read the full report.
Bengaluru PG Gas Blast Kills IT Professional
A 23-year-old Capgemini analyst died in a gas explosion at a Bengaluru paying guest facility. Three others injured. Police probe building violations.
PNGRB Proposes Regasification Fee Regulation & GST for Gas
India's gas regulator PNGRB proposes regulating LNG regasification fees and bringing natural gas under GST to reduce consumer costs and boost adoption. Learn how this could impact prices.
Analysts: Crude Oil Under Pressure Until 2026 Due to Oversupply
Global crude oil prices are projected to remain subdued through 2026, with a structural oversupply outweighing geopolitical tensions. Analysts cite rising non-OPEC+ production and slowing demand growth. Read the full analysis.
India Demands $30B from Reliance, BP in Gas Arbitration
India's government pursues a record $30 billion claim against Reliance Industries and BP, alleging mismanagement of the KG-D6 gas fields. The arbitration verdict is expected in 2026.
LA Gas Pipeline Explosion Shuts Interstate 5, Prompts Evacuation
A significant natural gas pipeline rupture near Castaic, Los Angeles, led to a major highway shutdown and shelter-in-place orders. No injuries reported. Details inside.
California Gas Line Explosion Triggers Emergency Shutdowns
A major natural gas pipeline exploded in California, forcing emergency shutdowns. Residents reported hearing loud jet-like sounds. Get the latest updates on this developing story.
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