Tag
Oil & Gas / Energy
57 articles
ONGC Stabilizes Fire at Mumbai High Platform
ONGC reported a fire incident at its SHP Platform in Mumbai High on April 3, 2026, which was promptly controlled and extinguished.
Ten personnel sustained minor injuries and are under medical care, wi
IndianOil FY2026 Record Operational Performance Highlights
IndianOil achieved highest-ever crude throughput of 75.4 MMT and pipeline throughput of 105.3 MMT in FY2026.
Consolidated petroleum product sales hit a record 104.4 MMT, ~4% growth over FY2025's 100.3
Rudra Gas Acquires 71% Stake in DSPL
Rudra Gas Enterprise signed a Share Purchase Agreement on March 31, 2026 to acquire 71% stake in DS Pipeline Projects Limited for ₹18.38 crore.
DSPL operates in gas pipeline sector with FY2024-25 audi
SEAMEC Signs Addendum for ONGC Vessel Charter
SEAMEC Limited executed Addendum 02 to its Subcontract Agreement with Posh India Offshore Private Limited dated 20th March 2025.
The addendum covers charter hire of vessel 'SEAMEC PRINCESS' at USD 37,
BPCL Director HR Superannuation, Additional Charge Assigned
Shri Rajkumar Dubey, Director (Human Resources) at BPCL, superannuated on 31st March 2026.
Shri Subhankar Sen, Director (Marketing), given additional charge of Director (HR) w.e.f. 1st April 2026.
The
BPCL Appoints Six Senior Management Function Heads
BPCL disclosed appointment of six employees as senior management function heads effective April 1, 2026, under Regulation 30 of SEBI LODR.
Appointees include heads for R&D, ITRM, HRD, Corporate Treasu
Petronet LNG Dahej Terminal Expands to 22.5 MMTPA
Petronet LNG commissioned expansion of Dahej LNG terminal from 17.5 MMTPA to 22.5 MMTPA on 31 March 2026.
The additional LNG regasification facilities were commissioned at 23:30 hrs on 31st March 2026
IndianOil Director R&D Superannuates March 2026
Indian Oil Corporation discloses change in directorate under SEBI LODR Regulation 30.
Dr. Alok Sharma, Director (R&D), superannuated on 31st March 2026, ceasing to be a director.
Disclosure filed by C
IndianOil Three Senior Executives Superannuate March 2026
IndianOil discloses superannuation of three senior management personnel (one level below Board) effective 31st March 2026.
Mr. M Annadurai, Mr. Arvind Acharya, and Ms. Piyali Chakraborty retired as Ex
IGL Appoints Subhankar Sen as Chairman
IGL's Board approved appointment of Shri Subhankar Sen as Chairman effective April 01, 2026, replacing Shri Raj Kumar Dubey.
Shri Raj Kumar Dubey ceased as Chairman due to his superannuation from BPCL
CPCL Director M Annadurai Ceases Post Superannuation
Shri M Annadurai (DIN: 10870538) ceased as Non-Executive Nominee Director of CPCL effective 31st March 2026.
Cessation is consequent to his superannuation from Indian Oil Corporation Limited (IOCL), C
GP Petroleums Appoints COO Bitumen & Terminalling
GP Petroleums appointed Mr. Anil Keswani as COO – Bitumen & Terminalling, effective April 01, 2026.
The appointment was approved via circular resolution by the Board on March 31, 2026, on NRC recommen
IGL Appoints 7 Senior Management HODs
Indraprastha Gas Limited discloses change in senior management under SEBI LODR Regulation 30, effective April 01, 2026.
Seven individuals appointed as Heads of Department across PNG O&M, CNG/LNG Marke
MRPL Pays FY26 Interim Dividend ₹4/Share
MRPL's Board declared an interim dividend of ₹4/- per equity share (40%) for FY 2025-26 at its March 03, 2026 meeting.
The dividend was disbursed to eligible shareholders on March 24, 2026.
The intima
MRPL Interim Dividend Paid for FY2026
MRPL's Board declared an interim dividend of ₹4/- per equity share (40%) for FY2025-26 on March 03, 2026.
The interim dividend was disbursed to eligible shareholders on March 24, 2026.
Disclosure made
Castrol India 48th AGM All Four Resolutions Passed
Castrol India Limited held its 48th AGM on 30 March 2026 via Video Conferencing, with all four ordinary resolutions passed by requisite majority.
Final dividend of ₹5.25 per equity share for FY ended
Castrol India 48th AGM Proceedings March 2026
Castrol India held its 48th AGM on 30 March 2026 via Video Conferencing with 74 shareholders attending virtually.
Final dividend of ₹5.25 per share declared for FY2025, following an interim dividend o
HOEC CFO N Sivalai Senthilnathan Resigns w.e.f. March 28
Hindustan Oil Exploration Company Limited (HOEC) disclosed the resignation of its CFO, Mr. N Sivalai Senthilnathan, effective March 28, 2026.
The resignation was submitted on December 29, 2025, citing
SEAMEC Vessel Samudra Sevak On-Hire
SEAMEC Limited disclosed deployment of vessel 'Samudra Sevak' on-hire under SEBI Regulation 30.
Information of vessel on-hire was received on March 29, 2026 at 02:21 hours.
Disclosure follows an earli
Cryogenic OGS Bags ₹2.27 Cr Emerson Order
Cryogenic OGS Limited received a purchase order worth ₹2,27,73,997.64 (incl. GST) from Emerson Measurement Systems and Solutions (India) Pvt. Ltd.
The order involves supply of LNG Metering Skids, a do
ONGC DUDP Project Achieves Gas Monetisation Milestone
ONGC's Daman Upside Development Project (DUDP) achieved gas monetisation on 29 March 2026 via Platform B-12-24P.
The ~USD 1 billion capex project in western offshore was executed in under two years fr
Chennai Petroleum Two Independent Directors Cease
Mr. Ravi Kumar Rungta and Dr. C.K. Shivanna ceased as Independent Directors of CPCL w.e.f. 28th March 2026.
Both directors' cessation was due to completion of tenure, not resignation or removal.
Discl
ONGC Three Independent Directors' Tenure Ends
ONGC discloses cessation of three Independent Directors effective 28 March 2026 upon completion of their tenure.
The three directors are Shri Bhagchand Agarwal, Ms. Reena Jaitly, and Shri Manish Paree
BPCL Three Independent Directors Cease Office
BPCL informed BSE and NSE of three Independent Directors ceasing directorship effective 28th March 2026.
Shri Pradeep Vishambhar Agrawal, Shri Gopal Krishan Agarwal, and Prof. Bhagwati Prasad Saraswat
Oil India Three Independent Directors Cease Tenure
Oil India Limited disclosed cessation of three Independent Directors effective 28th March 2026 under Regulation 30 of SEBI LODR.
Shri Balram Nandwani, Shri Raju Revanakar, and Ms. Pooja Suri completed
IndianOil Three Independent Directors Cease Role
Indian Oil Corporation discloses cessation of three Independent Directors effective 28th March 2026 under SEBI LODR Regulation 30.
Shri Prasenjit Biswas, Shri Krishnan Sadagopan, and Dr. Dattatreya Ra
GAIL: Four Independent Directors Cease Board Tenure
Four Non-Official Independent Directors of GAIL (India) Limited ceased to be directors w.e.f. 28.03.2026 upon tenure completion.
The directors — Shri Akhilesh Jain, Shri Sanjay Kashyap, Smt. Kangabam
HPCL Independent Directors Cease Post Tenure
HPCL discloses cessation of two Independent Directors upon completion of their tenure effective March 28, 2026.
Shri Bechan Lal (DIN: 09397116) and Smt. Sharda Singh Kharwar (DIN: 09414443) completed
Aegis Vopak Sells 10% ATPL Stake to Itochu
Aegis Vopak Terminals Limited executed SPA 1, a Shareholders' Agreement, and SPA 2 with Itochu Corporation on March 27, 2026 for sale of 10% equity stake in subsidiary ATPL.
The 10% stake (5,000 equit
JNK India Receives Major Order from JNK Global
JNK India Limited received a 'Major' order (₹300–₹600 Cr range) from JNK Global Co., Ltd., Korea on March 27, 2026.
The order covers support services and supplies for a Cracker Furnace Package of a re
Deep Industries Postal Ballot: MOA Amendment, Director Appointment
Deep Industries Limited issued a Postal Ballot Notice under Regulation 30 of SEBI LODR seeking approval for two Special Resolutions via e-voting.
Item 1 proposes alteration of MOA Clause III to add gr
SEAMEC Wins ONGC O&M Contract Worth ₹330 Crore
SEAMEC Limited, in consortium with Supreme Hydro Pvt Ltd, received NOA from ONGC for O&M services for MSV Samudra Prabha.
The contract is valued at INR 3,29,92,34,688 (approx. INR 329.92 crore) inclus
Aegis Vopak Sells 10% ATPL Stake to Itochu
Aegis Vopak Terminals Limited's board approved sale of 10% equity in subsidiary ATPL to Itochu Corporation for ₹80.32 crore.
Post-transaction, Aegis Vopak will retain 86% stake in ATPL; deal expected
East India Drums Wins IOCL ₹4.6 Cr Order
East India Drums & Barrels received a Letter of Acceptance from Indian Oil Corporation Limited dated 25 March 2026.
The contract covers supply of 1.0 mm MS Plain and Epoxy Coated Barrels to five LBP l
Chennai Petroleum Declares Rs.8 Interim Dividend FY26
Chennai Petroleum Corporation Ltd board declared an interim dividend of Rs.8 per equity share for FY2025-26.
Record date fixed as 2nd April 2026 to determine shareholder eligibility for the interim di
GAIL Invests Up to USD 64M in US Subsidiary
GAIL's Board approved equity infusion of up to US$64 million in wholly owned subsidiary GAIL Global (USA) Inc. on 25 March 2026.
Funds will be deployed in one or more tranches primarily to reduce GGUI
GAIL Pipeline Completion Schedule Revised to Sep 2026
GAIL revised completion schedule for two pipeline sections from March 2026 to September 2026.
Delay caused by Right of Use (RoU) and Fisheries front availability issues in both sections.
Balance secti
GAIL MNJPL Pipeline Completion Revised to June 2026
GAIL revises Mumbai-Nagpur-Jharsuguda Pipeline (MNJPL) completion schedule from March 2026 to June 2026 progressively.
The 1,702 Km pipeline project's Maharashtra section of Nagpur-Jharsuguda leg rema
CrudeChem Technology Adds 15-Acre Midland Facility
CrudeChem Technology, part of Fineotex Group, launched a new 15-acre operational facility in Midland, Texas, in the Permian Basin.
The facility has an estimated annual handling capacity of ~150 millio
Modi Naturals Subsidiary Expands Ethanol Plant to 282 KLPD
Modi Naturals' wholly owned subsidiary Modi Biotech Pvt Ltd commences commercial operations at its expanded grain-based ethanol plant in Chhattisgarh.
Plant capacity enhanced significantly from 130 KL
BPCL Commissions 2G Bioethanol Refinery at Bargarh
BPCL has successfully commissioned its Second-Generation (2G) Bioethanol Refinery at Bargarh, producing 100 KL/day of fuel-grade bioethanol.
The facility uses advanced lignocellulosic technology to co
BPCL-Sembcorp JV Wins 10KTPA Green Hydrogen Contract
BPCL's 50:50 JV with Sembcorp, NeuEN Green Energy, secured a 10,000 TPA green hydrogen supply contract from Numaligarh Refinery Ltd. (NRL), Assam.
The project achieved the most competitive green hydro
SEPC Acquires 90% Stake in Abu Dhabi Engineering Firm
SEPC Limited's board approved acquiring 90% equity stake in Avenir International Engineers and Consultants LLC, Abu Dhabi via share swap valued at ~INR 1,530 crore.
Avenir holds an order book of ~AED
SEPC Acquires 90% Stake in Avenir Abu Dhabi
SEPC Limited's Board approved acquisition of 90% stake in Avenir International Engineers and Consultants LLC, Abu Dhabi, valued at INR 1,530 Crores.
Target company operates in Oil & Gas Engineering, F
Prabha Energy Rights Issue Schedule Revised
Prabha Energy issues corrigendum to correct typographical errors in previously disclosed Rights Issue schedule dated March 23, 2026.
Rights Issue closing date revised from March 27, 2026 to April 06,
GSPL Appoints Saarthak Gautam as General Manager
Gujarat State Petronet Ltd. discloses a senior management change under SEBI LODR Regulation 30 dated 23 March 2026.
Shri Saarthak Gautam joins GSPL as General Manager (D&E, Procurement and O&M), headi
Trump Gives Iran 8 PM Hormuz Deadline
President Donald Trump gave Iran an 8:00 p.m. ET Tuesday deadline to reopen the Strait of Hormuz, warning of escalation.
Trump threatened to target Iran’s power plants and bridges and said the U.S. mi
Trump Sets 8pm Deadline to Reopen Strait
U.S. President Donald Trump gave Iran an 8:00 p.m. ET deadline on Tuesday to reopen the Strait of Hormuz, warning of escalation.
Trump warned on Truth Social that failure would trigger attacks on Iran
Iran Conditions Hormuz Reopening, Threatens Red Sea
Iran says Hormuz can reopen only if transit revenue compensates war‑related damages, linking access to financial concessions.
Parliamentary Speaker Mohammad Bagher Qalibaf dismissed Trump’s ultimatum
ONGC Receives ESGRisk.ai ESG Rating Report
ONGC disclosed receipt of an unsolicited ESG Rating Report from SEBI-registered agency ESGRisk.ai, filed under Regulation 30 of SEBI LODR.
ONGC's FY25 ESG score improved to 48.54 (Adequate band), up f
IGL Postal Ballot Approves RPTs with GAIL, BPCL
IGL shareholders approved two ordinary resolutions via postal ballot on April 01, 2026, for material RPTs with GAIL and BPCL.
RPT with GAIL approved with 99.9940% votes in favour; RPT with BPCL approv
MRPL Receives GST Order ₹23.76 Cr Demand
MRPL received a GST Order-in-Original demanding ₹10.97 crore (basic) plus ₹12.79 crore penalty for ITC issues FY2019-24.
The order was issued by the Commissioner of Central Excise & Central Tax, Manga
BPCL Seeks Shareholder Nod for Rs.8,439 Cr Petronet RPT
BPCL issued a Postal Ballot Notice dated 26 March 2026 seeking shareholder approval for material RPT with Petronet LNG Limited for FY 2026-27.
Proposed transactions worth up to Rs.8,438.61 Crore cover
Reliance Denies Iranian Crude Oil Purchase Claims
Reliance Industries categorically rejects media reports alleging purchase of Iranian-origin crude oil as baseless and factually incorrect.
The company urged media outlets to verify facts before public
CPCL Appoints Cost Auditor for FY2026-27
CPCL's Board approved appointment of M/s. Vivekanandan Unni & Associates as Cost Auditor for FY2026-27 on March 26, 2026.
The appointment is effective March 26, 2026, based on Audit Committee recommen
GP Petroleums Clarifies No Consolidated Results Required
GP Petroleums responded to NSE's query dated 04.03.2026 on non-submission of consolidated financial results for Q3 FY2026.
Company states it has no subsidiary under Section 2(87) of Companies Act, 201
GSPL Receives Erroneous IT Demand ₹77.76 Cr
GSPL received an Income Tax scrutiny assessment order under Section 143(3) r.w. Section 144B for AY 2024-25 dated 23 March 2026.
IT department erroneously computed total income as ₹1,683 crore vs. ass