Oil & Gas

Alt="Indian Oil"
Indian Oil posts sharp Q3 FY26 profit rebound on refining recovery and LPG support
By
Shalini Sharma
3 min read
Indian Oil swung back to strong profitability in Q3 FY26 as refining margins improved, LPG compensation was recognised and throughput rose
Alt="CBG"
GAIL gets govt approval for equity investment in Leafiniti Bioenergy
By
EW Bureau
2 min read
GAIL said the government has approved its equity participation in Leafiniti Bioenergy, clearing a key step in its bioenergy foray
Alt="oil and gas"
IGX gas trade volumes jump 50% in January on CGD, domestic HPHT demand
By
EW Bureau
2 min read
IGX traded 8.4 million MMBtu of gas in January, up 50% month-on-month, driven largely by CGD demand and domestic HPHT gas volumes
Alt="russian crude oil"
India free to buy oil from any source, nothing new in diversifying crude imports: Kremlin
By
EW Bureau
2 min read
India has always sourced crude from multiple countries and is free to buy oil from anywhere, the Kremlin said amid claims of a shift away from Russian supplies
Alt="crude oil"
Strategic crude oil purchases paused as LPG support dominates MoPNG budget 2026-27
By
Shalini Sharma
3 min read
Budget 2026–27 pauses funding for fresh strategic crude oil purchases, even as LPG support and compensation to oil PSUs continue to dominate spending
Alt="crude oil"
India to curb Russian crude purchases under US tariff deal; refiners to wind down new orders
By
EW Bureau
4 min read
India will restrict Russian crude purchases under a trade deal with the US that lowers tariffs, though refiners will honour existing contracts, sources said
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