Tag
Oil & Gas / Energy
16 articles
Easing Middle East supply risks, stemming from U.S.-Iran talks, are tempering oil price rallies and prompting downward revisions to near-term forecasts. OCBC recently cut its Brent outlook, citing revived Hormuz flows, higher real rates, and a stronger dollar, while benchmark prices dipped slightly on Thursday. Simultaneously, Capricorn Energy is set to be acquired by Genel Energy for $360 million, a deal supported by significant shareholders and awaiting regulatory approval, highlighting ongoing consolidation within the sector. These developments suggest a shift from heightened geopolitical risk premiums toward a more balanced supply-demand dynamic, though the Strait of Hormuz remains a potential vulnerability for investors and businesses alike.
Indian Oil LPG Distributorship Dispute Dismissed
Petition filed by Rakesh Kumar seeking reinstatement of LPG distributorship at Alampur after cancellation and forfeiture of Rs 40,000 deposit.
Court examined eligibility of alternate land offered, fou
HPCL LOI Withdrawal – Rs 1 Lakh
Court declined to quash HPCL's order withdrawing LOI for rural retail outlet at Nawagaon, citing violation of dealer guidelines.
Petitioner had deposited Rs 5,00,000 and Rs 3,60,000, spent Rs 40,000 o
India-Japan Energy Resilience Partnership Agreement Signed
India and Japan signed a joint statement to strengthen energy resilience through strategic cooperation on oil stockpiling and market stabilization.
The partnership includes cooperation on crude oil st
Bharat Petroleum Seeks SLP; SC Issues Notice
Supreme Court heard BPCL's petition for special leave to appeal against Union of India stemming from Karnataka High Court judgment dated 16-06-2026.
Court issued notice to respondents and directed fil
Calcutta HC Dismisses LPG Petition, Refunds 50k
The Calcutta High Court dismissed Arup De’s writ petition seeking a second LPG distributorship for Dhupguri Municipality area.
Court held Indian Oil Corp must decide to create a second distributorship
Engineers India CMD Atul Gupta Gets Additional Commercial Director Charge
Engineers India Limited's CMD Atul Gupta given additional charge as Director (Commercial) for three months effective June 30, 2026.
The additional charge approval was granted by Ministry of Petroleum
GP Petroleums VP Operations Resigns Due to Personal Reasons
GP Petroleums discloses resignation of VP Operations & Supply Chain Ashish Garg effective June 30, 2026.
Resignation was submitted due to personal reasons and disclosed under SEBI LODR Regulation 30.
India-Japan Energy Resilience Cooperation Joint Statement
India and Japan signed a joint statement to strengthen energy resilience through strategic cooperation on oil stockpiling and market stabilization.
The agreement establishes cooperation on crude oil r
Gas Authority of India Case Adjourned
Supreme Court heard Civil Appeal No. 10597/2024 between Gas Authority of India Ltd and Ramesh Chandra & Ors on 1 July 2026.
The appellant sought adjournment via a letter, which the bench comprising Ju
Fluidomat FY26 Revenue ₹72.46 Cr, PAT ₹20.1 Cr
Fluidomat Limited released its FY26 investor presentation, reporting revenue of ₹72.46 crores and a PAT of ₹20.1 crores with a 27.77% margin.
The Board recommended a dividend of ₹7.50 per share for FY
TruAlt Bioenergy FY26 Results Resubmission with Strategic Updates
TruAlt Bioenergy resubmits audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, in machine-readable format following an NSE observation.
FY26 standalone revenue de
Aegis Logistics FY26 PAT Up 41% to ₹1,107 Crore
Aegis Logistics reported record FY26 results with PAT up 41% YoY to ₹1,107 crore and revenue growth of 23% to ₹8,333 crore.
The company announced a final dividend of ₹6.70 per share and outlined a mas
Multiple Companies Disclose Financial Results and Corporate Actions
Confidence Petroleum India publishes notice for transfer of unclaimed shares and dividends to IEPF as per Companies Act 2013.
Sparkle Gold Rock, Lords Chloro Alkali, and Waterbase report audited FY26
Shri Balaji Valve FY26 Revenue Up 19.5% YoY
Shri Balaji Valve reported FY26 revenue of ₹96.81 crore, a 19.5% YoY growth, with PAT up 31.59% to ₹31.59 crore.
The company commissioned a third plant and added 10 new machines to enhance machining c
Lords Chloro Alkali Q4 FY26 PAT Up 68.6% YoY
Lords Chloro Alkali reported strong FY26 results with PAT surging 360.9% YoY to INR 28.49 crores and revenue up 44.6% to INR 393.1 crores.
The company discussed operational highlights including 29.7%
Lords Chloro Alkali FY26 PAT Surges 361% to ₹28.49 Crores
Lords Chloro Alkali reported FY26 PAT of ₹28.49 crores, up 360.9% YoY, on revenue growth of 44.62% to ₹393.1 crores.
The company achieved caustic soda volume growth of 29.7% to 84,690 MT and expanded