The airline attributed the curtailment of international services to ongoing airspace restrictions and record-high jet fuel prices, which have eroded the viability of several routes. Air India has announced cuts across 29 international routes between June and August 2026, suspending six services and reducing frequencies on others, as record-high aviation turbine fuel (ATF) prices and...
Category: Oil & Gas
Post
Post
S&P Urges Breaking Barriers as India Growth Outlook Moderates
A report by the global consultancy says the energy shock could be an opportunity to tackle tactical issues and clear roadblocks, helping the world’s fastest‑growing major economy achieve longer‑term growth and sustainability goals. The energy price surge and supply constraints triggered by the conflict in West Asia are feeding into broader economic stress for India,...
Post
India and Asian Markets Adapt to Middle East LNG Disruption: S&P Global Energy
India’s gas allocation framework prioritises fertilisers, city gas, and transport, leaving power, refining, and petrochemicals more exposed to supply curtailments, according to the global energy analytics firm. Asian markets are deploying a range of strategies to cope with liquefied natural gas (LNG) supply disruptions from the Middle East, according to S&P Global Energy, a leading...
Post
Qatar Pledges Deeper Energy Ties with India During Puri’s Doha Visit
The gas‑rich Gulf state has reaffirmed its role as a reliable energy supplier and emphasised its intent to deepen cooperation with India. Qatar has reaffirmed its commitment to remain a reliable energy supplier while also looking forward to strengthening energy relations and cooperation with India. This assurance was conveyed to Union Minister for Petroleum and...
Post
IndiGo Revises Fuel Charges as ATF Costs Soar
IndiGo’s fuel charge revision follows a 130% month-on-month surge in air turbine fuel (ATF) prices. IndiGo has announced a revision in fuel charges across its domestic and international routes, effective for all bookings made after 0001 hrs on April 2. The move comes in response to a sharp spike in air turbine fuel (ATF) prices,...
Post
India Orders Boost in LPG Output to Safeguard Household Supply
Amid current disruptions to fuel supplies, particularly LPG, the Centre has directed oil refiners to step up cooking gas production and channel the surplus towards domestic use. In view of current disruptions to fuel supplies, especially liquefied petroleum gas (LPG), the Centre has directed oil refiners to ramp up LPG production and divert the surplus...
Post
Deepak Gupta Named CMD of GAIL, to Drive Energy Growth
A mechanical engineer from Delhi College of Engineering, Gupta brings 35 years of expertise spanning the entire oil & gas value chain. Deepak Gupta has assumed charge as Chairman & Managing Director of GAIL (India) Ltd, the country’s leading natural gas and clean energy company. A mechanical engineer from Delhi College of Engineering, Gupta brings...
Post
ONGC Hosts 7th Para Games, Championing Inclusion in India Inc.
The games highlight the oil and gas fraternity’s commitment to platforms that recognise ability, uphold dignity, and foster workplace inclusiveness. ONGC on Wednesday launched the 7th ONGC Para Games 2026 at Thyagaraj Stadium in New Delhi, with participation from around 300 athletes with disabilities from eight oil and gas public sector units (PSUs). Hosted by...
Post
GAIL Breaks Ground on Sohna R&D Centre to Drive Clean Energy Innovation
Spanning 30 acres, the centre will feature cutting‑edge labs and pilot‑scale facilities to accelerate the transition from research to field deployment. India’s leading natural gas company, GAIL India Ltd, carried out the groundbreaking ceremony for its upcoming research and development centre in the Industrial Model Township at Sohna in Haryana on Thursday. The new R&D...
Post
MoPNG Highlights Financing Strength, Regulatory Reforms Ahead of New Upstream Bid Rounds
A recent day‑long meeting in Mumbai brought together diverse stakeholders to deliberate on the upstream reform agenda and investment opportunities in India. The growing interest in the upstream segment of India’s oil and gas industry was evident in the strong participation at a series of engagements organised by the Ministry of Petroleum and Natural Gas...