Oil & Gas

HPCL’s PAT jumps 133 percent to Rs 17,175 crore on the back of record throughput and sharply higher refining margins in FY2025-26

A shutdown at Nayara refinery, which runs entirely on Russian crude, drove a sharp m-o-m drop in India's Russian oil imports, CREA said

Puri says India has converted the supply crisis into an opportunity but warns state fuel retailers face unsustainable losses on frozen prices

The government has overhauled India's oil and gas royalty structure in a sweeping reform that analysts say will boost exploration economics

With OMCs losing Rs 1,000–1,200 crore daily, the government ruled out a support package Monday but said pump prices will hold and supplies are secure