Tag

Oil & Gas

12 articles
Indian oil and gas companies are navigating a complex legal landscape, as evidenced by recent Supreme Court activity. ONGC is appealing a Gujarat High Court judgment, while Hindustan Petroleum saw its petition dismissed on procedural grounds, and Sethia Oil Industries’ appeal has been adjourned. These legal developments highlight ongoing disputes and potential risks related to regulatory compliance and contractual obligations within the sector. Meanwhile, Reliance Industries executives participated in a J.P. Morgan conference, and GAIL appointed a new Director (Projects), suggesting continued operational focus despite the legal challenges, while Leapfrog Engineering Services reported strong financial results and a robust order book following its recent IPO.
Petronet LNG Appoints Sanjay Kumar as MD & CEO
Petronet LNG Board appointed Sanjay Kumar as Managing Director & CEO effective 13th May 2027. Appointment was approved on 2nd October 2026 based on Nomination and Remuneration Committee recommendation
GAIL FDR Renewal Granted for One Year
Supreme Court Registrar heard Civil Appeal No.1672/2019 on 1 Oct 2026 involving GAIL (India) Ltd. and the Principal Commissioner of GST. The Court ordered renewal of GAIL's Fixed Deposit Receipt (FDR)
East India Petroleum vs South Asia LPG Case Adjourned
NCLAT adjourns Compensation Application No. 01/2020 due to paucity of time. Matter listed for next hearing on 25 November 2026. Appeal involves dispute between East India Petroleum and South Asia LPG.
Rajiv Gauba PNGRB Speech on Energy Security Reforms
Cabinet Secretary Rajiv Gauba addressed PNGRB's 20th Foundation Day, emphasizing regulation and market reforms for India's energy security. He highlighted PNGRB's role in creating open access pipeline
Unimech invests SAR 15.3M in Saudi JV
Unimech Aerospace invested SAR 15.3 million (INR 39.36 crore) in first tranche of Saudi JV with Yusuf Bin Ahmed Kanoo Company. JV partners plan total equity capital of SAR 60 million, with Unimech hol
Unimech Invests ₹39.35 Cr in Kanoo JV
Unimech Aerospace completes first tranche investment of SAR 15.30 million (₹39.35 crore) for 51% stake in Kanoo Unimech JV. Joint venture operates in oil & gas sector, focusing on precision engineerin
IRM Energy 11th AGM Voting Results Submission
IRM Energy submitted voting results and scrutinizer's report for its 11th AGM held on September 29, 2026 via video conference. All five ordinary resolutions were passed with overwhelming approval, inc
Indian Oil Corp. SLP Dismissed, Vacate Premises by Dec 30
Supreme Court heard Special Leave Petition No.33748/2026 filed by Indian Oil Corp. & anr. against J. Murali & ors. Court declined to interfere with High Court’s July 9, 2026 judgment, ordering petitio
Sethia Oil SLP: Two‑Week Rejoinder
Supreme Court heard petition for special leave to appeal by Sethia Oil Industries Ltd against National Insurance Co Ltd on 30‑Sep‑2026. The bench comprising Justices S.V.N. Bhatti and N.V. Anjaria gra
ONGC Withdraws Supreme Court SLP
ONGC filed a Special Leave Petition in the Supreme Court challenging a High Court judgment involving Aakash Exploration Services. During the hearing on 29 September 2026, ONGC’s counsel formally reque
Confidence Petroleum 32nd AGM Approves 10% Dividend
Confidence Petroleum held its 32nd AGM on Sept 30, 2026, via video conference to seek shareholder approval on 11 resolutions. Shareholders approved a final dividend of ₹0.10 (10%) per equity share for
India Energy Week 2027 Hosted in Kolkata
Kolkata announced as host city for India Energy Week 2027 from January 28-31, marking the event's first edition in Eastern India. Event expects 75,000+ energy professionals and 700+ international exhi