Tag
Oil & Gas / Energy
25 articles
Energy markets are experiencing heightened volatility amid geopolitical tensions and supply disruptions. Brent crude briefly touched $92 per barrel, spurred by Trump's denial of Iranian talks and concerns over naval blockades in the Strait of Hormuz, which has seen a significant drop in crossings. Simultaneously, Evolution Petroleum announced a public stock offering to partially fund an acquisition in the Permian Basin, causing its shares to decline. These developments highlight the interplay of global events and company-specific actions within the energy sector, presenting both opportunities and risks for investors navigating this dynamic landscape.
Evolution Petroleum Shares Fall 8.5% on Offering
Evolution Petroleum announced an underwritten public offering of common stock, causing its shares to fall 8.5% in after‑hours trading.
The dilutive equity raise is intended to partially fund the acqui
Brent Touches $92 Trump Denies Iran Talks
Brent crude rose to $91.27, briefly hitting $92 per barrel, up 0.4% on Tuesday.
U.S. WTI futures climbed 0.8% to $84.39 after touching $85.01, both contracts up over 2% for the week.
Trump said via Tr
Supreme Court Dismisses Narwade Petition Indian Oil
Supreme Court heard Special Leave Petition No. 51575/2025 filed by Ravi Arun Narwade against Indian Oil Corporation Ltd.
Court condoned delay in filing and refiling of multiple applications, including
Confidence Petroleum Q1FY27 Earnings Call August 21
Confidence Petroleum India will hold a post-results conference call on August 21, 2026, at 3:30 PM IST to discuss Q1FY27 financial performance.
The call will feature Chairman & Managing Director Mr. N
Petronet LNG SLP Appeal Listed for Hearing
Supreme Court Registrar heard Petronet LNG Ltd's SLP(C) No.20116/2025 against Deputy Commissioner of Income Tax on 18 Aug 2026.
Service of notice to the respondent was completed on 27 July 2026, but t
Reliance Clarifies Supreme Court Rs 10 Lakh Cost
Reliance Industries responds to exchange query regarding news of Supreme Court fine, clarifying no penalty was levied.
Company cites Supreme Court order dismissing RIL's appeal with Rs 10 lakh cost pa
Hiemerle Refinery SL Petition Dismissed by Supreme Court
Supreme Court heard Special Leave Petition (C) No.18946/2026 filed by Hiemerle Refinery Private Ltd against Union of India.
The petition challenges the Bombay High Court’s final judgment dated 05‑05‑2
TD Power Systems Q1 FY27 Profit Jumps 81% YoY
TD Power Systems reported an 81% YoY surge in standalone PAT to ₹853 million on a 74% revenue increase for Q1 FY27.
The company revised its FY27 revenue guidance upwards to ₹26 billion, citing a stron
India Approves ₹23,731 Crore GOBARdhan Bioenergy Scheme
Union Cabinet approves National Circular Bioenergy Scheme GOBARdhan with ₹23,731 crore outlay to boost domestic Compressed Biogas production.
Scheme establishes administered CBG price of ₹2,110/MMBTU
Indian Oil Corp SLP Adjourned to Aug 24
Supreme Court heard petition for special leave to appeal (C) No.27680/2026 filed by Indian Oil Corp against Ambe Plywoods.
The petition arises from a May 21, 2026 High Court (Calcutta) judgment in SAT
GAIL (India) Ltd Secures SC Leave
Supreme Court heard petition for SLP (C) No.6478/2026 on 17 Aug 2026, between GAIL (India) Ltd and Arkay Energy Ltd.
The petition challenges the High Court of Madras's final judgment dated 16 Oct 2025
ONGC SLP Hearings Scheduled 09 Sep 2026
Supreme Court listed multiple ONGC Special Leave to Appeal petitions for hearing on 09 September 2026.
Petitions arise from a Bombay High Court judgment dated 23 August 2023 in WP No.2443/2022.
The or
Gujarat Energy Q1 FY27 Net Profit Up 78%
Gujarat Energy reported Q1 FY27 PAT of ₹998 crore, up 78% YoY, driven by strong gas trading and CGD performance.
Gas trading EBIT surged 206% YoY to ₹726 crore, while overall sales volume reached 15.6
Vedanta Oil and Gas CIN Changed to Listed Status
Vedanta Oil and Gas Ltd intimates a change in its Corporate Identification Number (CIN) following its stock exchange listing effective June 15, 2026.
The company's status on the MCA portal has been up
L&T Secures Ultra-Mega Offshore Project Middle East
L&T Energy Hydrocarbon Offshore secured an ultra-mega order exceeding ₹15,000 crore for offshore development in Middle East.
Project scope includes full EPCIC of offshore facilities with significant f
GAIL Executive Director Takes Voluntary Retirement
GAIL (India) Ltd Executive Director Lalit Bhatt takes voluntary retirement effective 14 August 2026.
The disclosure is a mandatory compliance under SEBI LODR Regulation 30 for senior management change
South Eastern Coalfields Appeal Listed Sep 2026
South Eastern Coalfields Ltd filed Civil Appeals 6308/11 and 6309/11 against the State of Madhya Pradesh and others.
The Supreme Court mentioned the appeals on 13 August 2026, with Justices Manoj Misr
ONGC Seeks Special Leave to Appeal Tripura HC Orders
ONGC filed Special Leave to Appeal petitions (Nos.26717‑26718/2023) against High Court of Tripura judgments dated 28‑Aug‑2023.
The Supreme Court mentioned the petitions on 14‑Aug‑2026, with Justices P
BPCL SLP Adjourned to Aug 21, 2026
Supreme Court heard BPCL's petition for special leave to appeal against Madras High Court judgment dated 04‑09‑2025.
Petition filed by Bharat Petroleum Corporation Limited seeks relief from order in W
JNK India Q1 FY27 Revenue Up 80.6% YoY
JNK India reported Q1 FY27 consolidated revenue of ₹186 Cr, an 80.6% YoY growth, with PAT surging 8.5x YoY.
The company disclosed an order book of ₹1,801 Cr, providing strong revenue visibility for th
Engineers India Appoints Two Independent Directors
Engineers India appointed Kahuli Sema and Ashish Gupta as Non-official Independent Directors effective 14 August 2026.
Both directors bring over 30 years of infrastructure and engineering experience t
Modi Naturals Q1 Net Profit Rises 12% YoY
Modi Naturals Board approved unaudited standalone and consolidated financial results for Q1 FY27 ending June 30, 2026.
Consolidated net profit increased to ₹12.50 crore from ₹10.49 crore YoY, driven b
Aegis Vopak Q1 FY26 Earnings Call Recording Available
Aegis Vopak Terminals Limited intimated exchanges about availability of Q1 FY26 earnings call audio recording.
The conference call with analysts/investors was held on August 14, 2026 at 3:00 PM IST.
R
Olympic Oil Q1 FY27 Net Loss ₹2839.77 Lakh
Olympic Oil reported a standalone net loss of ₹2839.77 lakh for Q1 FY27 due to writing off advances to Frost International.
Board approved re-appointment of Nipun Verma as Whole-time Director for 3 ye
Engineers India Q1 FY27 PAT Rises 53% YoY
• Engineers India reported Q1 FY27 standalone PAT of ₹1,423 Mn, a 53% YoY increase from ₹932 Mn in Q1 FY26.
• Total standalone income for the quarter was ₹8,379 Mn, with consultancy contributing ₹4,99