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Positive Global Developments Dampen Crude Oil Prices
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India Ramps Up Energy Imports From USA
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Reputed Agencies Differ Sharply In Global Oil Demand Forecasts
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Indian Firms Establish Presence In The Booming Middle East Market
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India Seeking Foreign Collaboration To Strengthen Maritime, Shipbuilding Capacity
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To Speed Up CBM Development, Govt. Announces An Incentive Package
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BP-Assisted Bombay High Crude Production Recovery To Begin In January
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GST To Play A Role: Indian Govt. Plans To Promote Use Of CNG In A Big Way
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ONGC Modifying Its Exploration Strategy
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India Has Ambitious Plans In The Area Of Green Hydrogen Production
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BPCL Refinery Gets State Government Subsidy
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Ayana Renewable Power Secures 140 MW RE Project
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Indian Oil Corp. Commences First-Ever Export Of LNG To Nepal
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Trualt Bioenergy
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THINK Gas & Shell Sign Landmark $350M Gas Supply Pact
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Bondada, Adani Firms Ink Renewable Energy Framework Pact
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Desco Infratech Secures ₹260 Million Worth Of Tenders from Major Gas Companies
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December 5, 2025: India’s Ethanol Blending With Petrol Program Makes Impressive Progress, click column Special Database for details.
December 4, 2025: A total of 360 oil and gas exploration blocks were offered under all nine rounds of the New Exploration Licensing Policy (NELP). Most of the blocks have been surrendered by the bidders but a few blocks are still under operation. Click column Special Database for details.
December 3, 2025: Many Indian companies have set net-zero targets, with deadlines ranging from 2030 to 2070, though progress is uneven, particularly in high-emission sectors. BPCL, India’s second largest oil marketing and refining company, has come out with a net zero target to be achieved by 2040. Click column Special Database for details of BPCL’s net zero targets.
November 25, 2025 | US
sanctions: Is the Russian bear still dancing? American President Donald
Trump's sanctions against Russia's oil and gas are intended to clamp down on
the revenues that the Kremlin earns and ostensibly uses to finance President
Vladimir Putin's war machine against neighbouring Ukraine. The combined crude
oil and product exports from Russia in October 2025 has been reported at 7.4
million barrels a day despite the announcement of aggressive US sanctions. At
no point since the Ukraine war has Russian crude and product exports fallen by
more than 0.3 to 0.5 million barrels a day. The Ukraine war broke out in
February 2022. Before the war, Russia was exporting 4.78 million barrels of
crude and 2.2 million barrels of products. Curiously, India has started to feel
the heat of the US sanctions against Russia. India's refiners have already
begun the process of bringing down their Russian oil imports fearing US
sanctions against them. If the US sanctions had started to bite, the Russian
economy should have started to falter. It hasn't. One reason for this is the
fact that global energy demand has remained robust. Global demand growth has
shown little signs of flagging after recording an annual growth rate of 1.1% in
2023 and 2024. Click Free Access column
Petro Intelligence to read an
insightful piece.
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Indian refiners to issue second tender to secure four more US LPG cargoes
December 5, 2025: Indian State-run refiners will issue a second tender in a few months to secure four more cargoes of LPG on a short-term basis from the US. Purchases will be on free on-board terms, enabling Indian refiners to deploy their own charters for long distance LPG transportation for the first time to cut costs, more..
Nepal, India to discuss supply of aviation fuel through pipeline
December 5, 2025: Nepal is holding discussions with India on supplying aviation fuel through the cross-border petroleum pipeline to Nepal, officials said.
Officials from the two countries are set to hold a meeting next week in New Delhi, said an official at the Ministry of Commerce and Industry.
more..
Cairn Oil & Gas attains UNEP’s ‘Gold Standard Pathway’ recognition under the Oil and Gas Methane Partnership 2.0 initiative
December 5, 2025: Cairn Oil & Gas, part of Vedanta Group and India’s largest private oil and gas exploration and production company, has attained the Gold Standard Pathway status for reporting year 2025 under the Oil and Gas Methane Partnership 2.0 (OGMP 2.0) – the United Nations Environment Programme’s more..
Green Hydrogen: Over Rs 180 billion under NGHM yet to be sanctioned, Lok Sabha told
December 5, 2025: Over Rs 180 billion of the Rs 194.71 billion allocated across major components of the National Green Hydrogen Mission (NGHM) remains unsanctioned, according to data submitted in Lok Sabha by Minister of State for New & Renewable Energy Shripad Yesso Naik. Presenting the financial details, the minister more..
Tripura CM Lauds TNGCL For Expanding CNG Distribution In Rural Areas
December 5, 2025: Tripura Chief Minister Manik Saha lauded the Tripura National Gas Corporation Ltd (TNGCL) for expanding CNG distribution in rural areas, saying the use of CNG is not only economically viable but also ensures a healthy environment.
Speaking after inaugurating a new CNG station in Gomati more..
BPCL Named Among Top 100 Corporate Startup Stars 2025 by ICC and Mind the Bridge
December 5, 2025: Bharat Petroleum Corporation Limited (BPCL), one of India’s leading Maharatna oil and gas PSUs, has achieved a major global recognition by being named among the Top 100 Corporate Startup Stars (CSS) 2025. The prestigious list is curated jointly by the International Chamber of Commerce (ICC) and Mind more..
India targets 60–80 GW renewable energy from C&I developers by 2030
December 5, 2025: By 2030, India expects nearly 60-80 GW of renewable energy (RE) to come from commercial and industrial (C&I) developers, marking a major shift in how clean power grows in the country, said Santosh Kumar Sarangi, Secretary in the Ministry of New and Renewable Energy on Thursday.
more..
India issues 1,870 MW renewable energy tenders in November
December 5, 2025: Major investments fuel hybrid projects and battery storage, stabilising India's grid. India has issued over 1,870 megawatts (MW) of renewable energy tenders in November 2025 under the project development category.
According to JMK Research, over 3,250 MW of EPC tenders were also issued in more..
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Impact of Ukraine war on International LNG trade. Lessons for India
by Dr Bhamy Shenoy
 Russian-Ukraine war has brought about
dramatic changes in international gas and oil sector because of the oil embargo
by the west and gas more...
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Buy Assets In US And Swap Crude With Europe
By R. Sasankan
The
pecking order in the world of oil and gas has changed dramatically: the US has
grabbed the top spot on the totem pole. One recent report summed up the
development succinctly: "December 2023 witnessed an extraordinary surge in US
LNG exports with shipments more...
Cheap Crude Does Not Benefit PSU Refineries
By R. Sasankan
Parliamentarians in India have a heart-warming desire to
shape public policy; the trouble is that in their eagerness to do something -
anything - they can allow the nobility of their intention to smother the
practicality of their proposed interventions. In their zeal more...
Double Trouble
By R. Sasankan
If you ignore history, you are condemned to repeat it.
The stark truth of this aphorism came back to me the other day when I
read a Reuters report that said Indian Oil Corporation was aiming to
double the capacity of its liquefied natural gas more...
Single Agency Needed To Acquire Overseas Energy Assets
By R. Sasankan
India is a country of many paradoxes – and it is this quality that makes
it hard for policy makers to find the right palliative for its myriad
problems. The country is one of the fastest growing economies in the
world and hopes to become a $ 5 trillion more...
Tackling Blowback From Sanctions
By R. Sasankan
India and the US have developed close ties over the past few years as
they perceive China to be a common enemy whose reach and influence must
be circumscribed. On its own, India cannot counter China’s growing
ambitions in the Asia-Pacific region. Likewise, more...
Gas Ratio Target: Time For A Revision?
By R. Sasankan
When Prime Minister Narendra Modi announced his ambitious objective to
raise the contribution of natural gas in India’s energy mix to 15 per
cent by 2030, the experts in the petroleum industry were left astounded
by the boldness of the claim.
more...
Can The Downstream Man Bail Out ONGC?
By R. Sasankan
“New Delhi: Under-investment in the Oil & Gas sector could hamper
India's progress, Arun Kumar Singh, Chairman and CEO of state-owned Oil
and Natural Gas Corp (ONGC), has warned. National Oil Companies around
the world are facing increasing pressure more...
Oil PSUs In Trouble Again
By R. Sasankan
International price of crude oil has risen by 30% in the third quarter
of 2023. Global crude oil inventories are at seasonal lows and
production cuts, announced transparently by OPEC+ till the end of
December 2023 amount to about 3.3 million barrels a more...
Gas Ratio Target: Time For A Revision?
By R. Sasankan
When Prime Minister Narendra Modi announced his ambitious objective to
raise the contribution of natural gas in India’s energy mix to 15 per
cent by 2030, the experts in the petroleum industry were left astounded
by the boldness of the claim.
more...
Tackling Blowback From Sanctions
By R. Sasankan
India and the US have developed close ties over the past few years as
they perceive China to be a common enemy whose reach and influence must
be circumscribed. On its own, India cannot counter China’s growing
ambitions in the Asia-Pacific region. Likewise, more...
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Third Lovraj Kumar Memorial Lecture by Dr Vijay Kelkar
September 19, 2024: Dr Vijay Kelkar’s single biggest contribution is acknowledged to be India’s Goods and Services Tax (GST). He has also made significant contribution to the oil and gas sector. He served as secretary in the Ministry of Petroleum and Natural Gas. The Third Lovraj Kumar Memorial Lecture delivered more...
The Failing Climate Negotiations – And the Need for India’s Leadership in Representing the Global South
 May 16, 2024: Dr Surya P.Sethi, eminent energy expert, wirtes on the Failing Climate Negotiations – And the Need for India’s Leadership in Representing the Global South.
Click more...
Qatar pauses Red Sea LNG traffic: ICIS analyst view
January 18, 2024: Click HERE to read article by Alex Froley, LNG Market Analyst at ICIS, examines the possible effects of ongoing disruptions in the Red Sea on global LNG trade.
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Can LNG replace Russian gas in Europe?
European LNG imports reached a record high in January 2022 and could go a little higher if Russian pipeline gas supply falls, or even stops completely. But the best-connected European LNG terminals are already running at high rates, and limits to cross-border pipeline gas capacity would restrict the wider benefit of higher imports into some... more...
Importance Of Offshore Wind Power
Offshore wind power market plays an important role in achieving the renewable target in most countries, but not in India. India needs a clear, time-bound, quantitative target for offshore wind development, and a roadmap of how to achieve it, says the Baroda-based Centre for Fuel Studies and Research, Click more...
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Speech of Former Petroleum Secretary, T.S. Vijayaraghavan, on Indias Petroleum Sector
Demand & Growth:
India's Crude
Oil demand has risen from 0.65 Million Barrels a day in 1980 to 3.7 Million
barrels and will reach 4 Million by 2016. Internal production is now less than 0.8
Million Barrels a day. It more...
The KG basin price hike socialises costs and privatises profits
Why the Rangarajan Committee's complex pricing formula will inflict heavy burdens on the power and fertiliser sectors and give a private gas producer windfall profits?
The ministry of petroleum and natural gas has proposed to increase the price of natural gas from the Krishna Godavari (KG) more...
Fire From Ice: A Promising New Energy Source
Massive imports of oil and natural gas have exacerbated India’s big trade deficit, which is a hurdle to the acceleration of economic growth. Light at the end of the tunnel comes from a technological breakthrough last week by JOGMEC (Japan Oil Gas and Metals National Corporation). It succeeded in extracting natural gas more...
The Diesel Subsidy Hole
Under-recovery on diesel as per the Indian petroleum ministry website was . 10.94 a litre in February 2012 when the procurement price was . 37.80 per litre ($122.06 a barrel). The diesel under-recoveries are expected to exceed . 750 billion at average price of $95.66 a barrel while total annual shortfall due to fuel subsidies more...
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Neeraj Mittal Appointed As New Petroleum Secretary
 The government has appointed senior IAS officer Neeraj Mittal as the new Secretary, Ministry of Petroleum and Natural Gas (MoPNG). Mittal, a 1992-batch Indian Administrative Service (IAS) officer of Tamil more...
Mallika Srinivasan Gets Another One-Year Extension As PESB Chairperson
 Mallika Srinivasan has been granted a further one-year extension as the Chairperson of the Public Enterprises Selection Board (PESB). The extension is effective from November 19, 2025, and she will more...
BPCL Extends Sanjay Khanna’s Tenure As CMD
 Bharat Petroleum Corporation Limited (BPCL) has extended Sanjay Khanna's role as Chairman and Managing Director, effective from November 1, 2025, until further orders. BPCL's decision to more...
Gupta Selected For The Post CMD At EIL
 The Public Enterprises Selection Board (PESB) has recommended Atul Gupta for the post of Chairman & Managing Director, Engineers India Limited (EIL). Subject to requisite clearances and ACC approval, more...
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On April 10, 2021 www.indianoilandgas.com entered the 28th year of service to the Indian and international oil and gas industry. When the hardcopy version with its masthead, Indian Oil & Gas, came out 28 years ago, India’s petroleum industry was almost totally controlled by the government. India was not rated high either as a producer or consumer of crude and petroleum products. Today, India is the world’s third largest importer of crude and second largest importer of LPG and Asia’s largest exporter of petroleum products. Without violating the government norms regarding dissemination of information, www.indianoilandgas.com has been consistently helping the industry with authentic articles and data on all areas of oil and gas industry.
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US Sanctions: Is The Russian Bear Still Dancing?
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Time To Strike Big Oil Deals With Middle East Majors
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Petroleum deal-making: Time for samba?
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The Need For A New Indian Oil Monolith
more...
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OIL, Total Energies Sign Deepwater TechnologyPact To Boost Offshore Exploration
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Indraprastha Gas Expands Internationally With Saudi Arabia Natural Gas Project
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Domestic Natural Gas Scene In October 2025
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Indian Natural Gas Spot Price for Physical Delivery
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India’s Reluctant Initiatives In Shale gas and oil exploration
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Restrained Increase In Domestic Natural Gas Price
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Domestic natural gas scene in September 2025 (MMSCM)
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Sector-Wise Consumption Of Natural Gas In India
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India Moves Towards A National Gas Grid
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Domestic Natural Gas Scene In August 2025
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Where Does India Figure Among Top 30 Natural Gas Reserves Countries?
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India’s Growing Compressed Biogas Sector
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Sectoral Consumption of Natural Gas (in %) April 2024- March 2025
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Domestic Natural Gas Scene In July 2025
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Natural Gas Price On The Decline
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Coal Bed Methane Gas Development In India
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Where Does India Figure Among World’s 30 Top Natural Gas Consuming Countries?
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India’s Ethanol Blending With Petrol Program Makes Impressive Progress
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Exploration Blocks Offered Under NELP Rounds Still Under Operation
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BPCL’s Net Zero Roadmap
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Price Realisation By Oil India For Its Crude And Natural Gas
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India’s Petroleum Products Trade In October: Sharp Decline In Imports, Exports Up Marginally
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Where does India figure in global ranking of top natural gas consumers?
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Analysis Of Crude Oils Processed By Indian Refineries In October 2025
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Russian Crudes’ Share In India’s Import Basket In October Remains Undiminished
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India Seeking Foreign Collaboration To Strengthen Maritime, Shipbuilding Capacity
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India’s peak demand for power comes down marginally During April-October
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Graphic Presentation Of Pet coke Using Sectors In India
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Petroleum Products Consumption In October Registers A Marginal De-growth
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India’s Dilemma Over Declining Natural Gas Production And Rising Consumption
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Refining Margins Up In Global Trading Hubs
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Global Oil Demand Growth Forecast For 2025 Remains Unchanged Says OPEC
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Indian Crude Basket Price Down 6.7% Month on Month Basis In October 2025
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India’s Domestic Crude Production In Q1 Of FY’26 In Comparison With Level In Q1 Of FY’25
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India’s Ranking In Various Sectors Of World Petroleum Industry
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A Graphic Presentation Of India’s Energy Basket
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How did India’s petroleum sector perform in Q1 of Current FY ‘26 Compared to Q1 of FY ‘25?
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India’s Power Demand Slows Down In April-September 2025
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India’s Export Of Petroleum Products Down In September 2025, Import Sharply Up
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Analysis Of Crude Oil Processed By Indian Refineries In April - September 2025
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