Category Archives: OilGas
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Russian oil flows to India sink but Reliance may limit decline
Posted on December 31, 2025 by Diligentia News in OilGas.Russian crude oil flows to India this month are on track to hit the lowest level in three years, though volumes may rise early next year after Reliance Industries Ltd. resumed purchases. Deliveries are expected to be about 1.1 million barrels a day in December, the lowest since November 2022, according to analytics firm Kpler, […]
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Oil Prices Climb as Trump Issues Stark Warning to Iran
Posted on December 31, 2025 by Diligentia News in OilGas.Oil prices were holding onto gains early on Tuesday, reversing an earlier dip in Asian trade, as geopolitical risks in Russia and Iran outweighed oversupply concerns in thin semi-holiday trading. Both benchmarks were up by about 0.4%, with WTI Crude at above $58 per barrel and Brent Crude topping $62 a barrel, following renewed geopolitical […]
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Will Saudi Arabia/UAE Tensions Over Yemen Threaten OPEC Status Quo?
Posted on December 31, 2025 by Diligentia News in OilGas.The latest flare-up between Saudi Arabia and the United Arab Emirates over Yemen looks dramatic on the surface, but OPEC cohesion, not missiles or militias, is what ultimately matters to the oil markets, which is why the latest public spat between Saudi Arabia and the UAE over Yemen created just a temporary blip in crude […]
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V-GREEN partners with Hindustan Petroleum to roll out EV charging across fuel stations
Posted on December 31, 2025 by Diligentia News in OilGas.V-GREEN, the EV charging infrastructure arm backed by VinFast has entered into a strategic partnership with Hindustan Petroleum Corporation Limited (HPCL) to set up electric vehicle charging stations across HPCL’s retail fuel outlets in India. The collaboration aims to leverage HPCL’s vast nationwide fuel station network to accelerate the rollout of public EV charging infrastructure, […]
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Aramco, Oil India likely to pick up stake in BPCL’s Andhra refinery
Posted on December 31, 2025 by Diligentia News in OilGas.Bharat Petroleum Corporation Ltd (BPCL) is willing to dilute a 30–40 per cent stake in its upcoming greenfield refinery in Andhra Pradesh, with Gulf energy major Saudi Aramco and upstream player Oil India Ltd (OIL) likely to join as partners, a senior BPCL executive told Business Standard. Aramco is expected to pick up a minority […]
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India Claims $30 Billion From Reliance Industries And BP For Gas Field Underproduction
Posted on December 30, 2025 by Diligentia News in OilGas.The Indian government has filed a substantial $30 billion claim against Reliance Industries and BP for alleged underproduction at a gas field, according to Reuters reports. This significant regulatory action represents one of the largest financial disputes between the government and energy companies operating in India’s oil and gas sector. Government’s Regulatory Action The claim […]
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KG D6 profit petroleum dispute between Reliance and Centre heads for 2026 resolution
Posted on December 29, 2025 by Diligentia News in OilGas.A resolution to the long-standing dispute over the share of profit petroleum from the KG-D6 hydrocarbon block off the Andhra coast on the Bay of Bengal involving $247 million (₹22.30 billion) may take place in 2026 as the arbitration between the sparring parties — Reliance Industries Ltd and the government of India (GoI) — reaches […]
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India’s Biogas Boom: CBG Industry Projected to Soar by 2026
Posted on December 22, 2025 by Diligentia News in OilGas.The Indian biogas sector is poised for significant growth, with the Indian Biogas Association (IBA) projecting investments exceeding Rs 50 billion by 2026-27. A surge in investor interest is fueling the expansion, with the sector witnessing a blossoming market and strong uptake. Government data reveals that over 100 compressed biogas (CBG) plants are now operational, […]
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CNG, domestic PNG prices set to drop by ₹2-3 from January 1
Posted on December 18, 2025 by Diligentia News in OilGas.Consumers across India are set to benefit from reduced prices of Compressed Natural Gas (CNG) and domestic Piped Natural Gas (PNG) as the Petroleum and Natural Gas Regulatory Board (PNGRB) announced a tariff rationalization that will come into effect from January 1, 2026. In an exclusive interview, AK Tiwari, Member, PNGRB, said that the new […]
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India’s Russian Oil Intake Proves Resilient After U.S. Sanctions
Posted on December 17, 2025 by Diligentia News in OilGas.India continued to import Russian crude at a rate of over 1 million barrels daily this month, despite U.S. sanctions on the two biggest exporters that came into effect in late November. Reuters reported today that the average daily so far this month has stood at 1.2 million barrels. That’s down from 1.77 million barrels […]
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