The company reiterated its focus on operational continuity, cost discipline, and supply reliability as it navigates a volatile market environment. GAIL (India) Ltd, the country’s leading natural gas transmission and marketing company, reported a profit after tax (PAT) of ₹69.68 billion for FY2025-26, reflecting moderated profitability amid geopolitical headwinds. Deepak Gupta, Chairman & Managing Director, said,...
Tag: natural gas
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Chhattisgarh, GAIL Ink MoU for 1.27‑Million‑Ton Gas‑Based Fertiliser Plant
GAIL prepares to greenlight a mega fertiliser plant after a techno‑economic evaluation along its Mumbai‑Nagpur‑Jharsuguda Natural Gas Pipeline (MNJPL) corridor. The Government of Chhattisgarh and GAIL (India) Ltd have joined hands to develop a greenfield gas‑based fertiliser project in the state. A non‑binding memorandum of understanding (MoU) was signed in the presence of Chhattisgarh Chief...
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India’s Deepwater Energy Ambitions Ignite with Andaman Basin Gas Discovery
India’s deepwater energy ambitions received a boost with the detection of natural gas in the Sri Vijayapuram-2 well, raising hopes of a major hydrocarbon reserve, Union Minister Hardeep Singh Puri has confirmed. India’s aspirations for aatmanirbharta (self-reliance) in hydrocarbons received a significant boost with the detection of natural gas in the Andaman Basin, located in...
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Oil India Bets Big: Russian Dividends, Mozambique LNG Restart and Andaman Drilling Drive Growth
From a Russian dividend windfall and Mozambique LNG restart to deep Andaman drilling and critical mineral finds in Arunachal and Rajasthan, Oil India Ltd is reshaping its portfolio to secure sustained growth. Oil India Ltd (OIL) sees exploration, overseas business, refining, critical minerals and green energy driving its future growth, Ranjit Rath, Chairman & Managing...
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ONGC Q1 FY2026 Net Profit Rises 18.2% to ₹115.5 Billion on Strong Gas Realisations and Offshore Gains
ONGC’s Q1 gains were buoyed by rising revenue from new well gas, which crossed ₹17 billion—₹3.3 billion above the administered price mechanism (APM) rate—as the company stepped up output from premium-yielding sources. India’s largest oil and gas explorer, Oil and Natural Gas Corporation (ONGC) has reported a consolidated net profit of ₹115.5 billion for the...
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GAIL, OIL Extend 15-Year Gas Supply Pact for Rajasthan Fields
The supply deal for up to 900,000 SCMD of natural gas from Oil India’s Rajasthan fields to GAIL is set to boost domestic production, streamline transportation, and expand distribution, reinforcing energy security and improving access. India’s largest natural gas supplier GAIL India and Oil India Ltd have extended their existing gas sale and purchase agreement...
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Opinion: The pipelines to economic growth
India’s energy landscape will see a drastic change only if there is an enhanced focus on developing a robust pipeline network, creation of suitable infrastructure and adequate support in terms of favourable policies being introduced at an accelerated pace writes DR. RC MANSUKHANI.
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Post Budget Analysis | OIL & GAS
Provision of revenue expenditure/subsidy for sensitive petroleum products of ~Rs 217 billion for FY2019 and 2018v19 (BE), excluding allocation of new LPG connections to poor families.
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India Needs to be Realistic on the Exploration Front
Speaking exclusively to INFRASTRUCTURE TODAY, Prof Kirit Parikh, Chairman Integrated Research and Action for Development (IRADe) and author of the seminal report on pricing methodology for diesel, domestic LPG and PDS, believes that though the federal dispensation is presently offering lucrative terms to investors in the oil and gas sector, it must also ensure that those commitments are adhered to.
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Coal gas can help lower import bill by $10 billion in 5 years
Domestic coal gas can be used as a feedstock for producing urea and other chemicals that can help reduce the country's import bill by $10 billion in five years and cut carbon emissions, a top official has said.