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Gail India And Oil India

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Negligence obliterated GAIL pipeline in AP

 The petroleum ministry has blamed negligence for causing the devastating fire at state-owned gas transporter GAIL India Ltd's gas pipeline in Andhra Pradesh that killed 22 people. An inquiry......

ONGC Q1 net profit drops 10% on lower oil prices

 State-owned Oil and Natural Gas Corporation (ONGC) has reported a 10 per cent decline in its June quarter net profit on lower oil prices and stagnant production from its aging fields. Photograph:......

Analysts divided on GAIL's prospects; limited fresh gains in the offing

 While most analysts are expecting poor results from oil marketing companies (OMCs) in the first quarter of 2024-25 (Q1FY25) and even in the first half (H1) of FY25, GAIL (India) could be an......

Trump tariffs: With crude off the table, US nudges India towards LNG

 With India making it clear that the US doesn’t have enough spare capacity for crude oil, Washington, DC, now wants India to sign fixed-term liquefied natural gas (LNG) contracts with American......

GAIL India to buy gas from ONGC at $5.5/mmBtu

 GAIL India Ltd will buy gas from Oil and Natural Gas Corporation'snew field to come on production in Mumbai offshore from next month at $5.5 per million British thermal unit. "We will buy gas from......

India could double US energy purchases this year to offset tariff threat

 India’s purchase of US crude oil has picked up in 2025 and could easily double their previous levels, government officials said on Wednesday. Photograph: Sergei Karpukhin/Reuters The surge......

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