8The idea is to vet and rank 11 offshore prospects before capital is committed to drilling. 8The story is not procurement routine, but a sharper pre-drill capital discipline signal. Click on Details for moreDetails
8ONGC’s WSS Ahmedabad award has gone to the L-1 bidder at Rs 28.0 crore, with L-2 only 1.8% higher. 8The tender’s real signal lies beyond the ranking, where a relaxed BEC filter meets a KPI-heavy stimulation fleet support scope. 8The outlier bids raise a sharper question on how contractors priced mobilisation, deductions and operational risk. Click on Details for moreDetails
8The gap is too large to read as routine price noise in a five-turbocharger overhaul package. 8The question is whether ONGC has captured efficiency or accepted margin compression. Click on Details for moreDetails
8The corrigendum relaxes the evidence route for past surface-facility experience. 8It does not visibly change performance security, bid validity, completion time or the two-bid structure. 8That makes the amendment an entry-barrier shift rather than a commercial concession. Click on Details for moreDetails
New Page 18Snapshot of India’s oil & gas data [PPAC] Details 8Indian Oil discloses seven privately placed bond listings for FY26 compliance under SEBI’s centralised debenture database rules [IOCL] Details 8HPCL says Rajasthan refinery CDU restart likely in second half of May after fire damage found limited to six exchangers [HPCL] Details 8CPCL Q4 profit triples to Rs.1,400 crore as refinery margins more than double to $13.75/bbl [CPCL] Details 8Reliance Q4 profit rises to Rs.22,434 crore, O2C revenue tops Rs.6.8 lakh crore in FY26 despite energy-market volatility [RIL] Details 8Reliance partners TIME to bring TIME100 Next to India, with first gala set for Mumbai in December 2026 [RIL] Details 8ONGC approves petrochemicals marketing JV with MRPL and OPaL, commits support for North East gas grid feeder line [ONGC] Details 8ONGC gets stop-production order for Mori-5 well from Andhra pollution board after January blowout, but says impact is not significant [ONGC] Details 8Asian Energy gets Ind-Ra bank-loan rating withdrawn at company request; CRISIL rating remains in force [AES] Details 8SEAMEC extends L&T charter for vessel ‘Glorious’ till May 15 in Rs.6.54-crore addendum [Seamec] Details 8SEAMEC’s Swordfish vessel goes off-hire after technical snag, company says repairs being prioritised [Seamec] Details 8MRPL posts FY26 profit of Rs.1,931 crore but skips final dividend, citing no significant impact from geopolitical conditions [MRPL] Details 8Great Eastern Shipping director Berjis Desai resigns after appointment to National Commission for Minorities [GES] Details 8Reliance says Middle East shock disrupted 40–50% of refinery crude needs, turns to Russia, Venezuela, Brazil and Mexico to keep Jamnagar running near capacity [RIL] Details 8CPCL eyes low-cost debottlenecking after record 112% refinery run rate, as crude supply contracts stay intact despite volatility [CPCL] Details 8PNGRB data shows India’s authorised natural gas pipeline network at 34,273 km, with 27,427 km operational as of December 2025 [PNGRB] Details 8PNGRB calls open house on May 7 to finalise data bank rules after feedback from oil, gas and CGD players [PNGRB] DetailsDetails
For reference purposes the website carries here the following Newsclips (These are public domain newsclips and the website is not responsible for their content): 8China delivers largest domestically built LNG carrier Details 8The green hydrogen dream is slipping further out of reach Details 8IEA’s Birol says Iran war will permanently cut into future oil demand Details 8Structural gas demand destruction threatens global LNG market Details 8Ethanol E20 petrol set to reduce crude oil imports Details 8100 per cent ethanol blending: strike balance between food and energy security Details 8IEA sees 'tight' liquefied natural gas markets through 2027 Details 8Indian envoy meets US energy secretary, discusses coal, nuclear, and LNG Details 8India denies RTI on Russia oil import data, cites strategic and commercial confidentiality Details 8Andhra CM reviews fuel shortage situation, 421 petrol bunks shut amid panic buying Details 8Reliance navigates volatile oil markets with agile sourcing, operational tweaks Details 8HPCL says HRRL restoration to be completed in 3–4 weeks; CDU restart seen in May Details 8Trump’s Hormuz blockade has deepened a historic shipping crisis Details 8ONGC names Yogish Nayak S as CFO; approves petrochem JV with MRPL and OPaL Details 8Government ensures 100% gas supply for PNG, CNG users; flags panic buying Details 8Trump extends US shipping waiver by 90 days to ease fuel, fertiliser supply Details 8Urals crude prices at Russian ports slip below $100 per barrel Details 8India resorts to LPG spot buying to bridge West Asia supply gap Details 8Govt: supply of domestic LPG cylinders has stabilised in state Details 8Gadkari backs proposal to shift Rs.12,215cr SNG project HQ to Nagpur Details 8Gulf oil output can rebound in months after Hormuz reopens, but full recovery faces risks, says Goldman Sachs Details 8Crude shock, higher premiums hit Reliance O2C margins as Iran war disrupts supply chains Details 8US imposes sanctions on a China-based oil refinery and 40 shippers over Iranian oil Details 8Fuel price concerns drive EV demand, share in new car sales up at 5.1% in March Details 8IGL proposes to halve PNG pressure to restaurants Details 8RIL Q4 net profit falls 8.1% to Rs.20,616 crore; revenue rises 12.8% Details 8Trump extends Jones Act waiver by 90 days to ease fuel supply and curb energy costs Details 8INOX Air Products commissions 280 TPD ASU at Tata Steel’s Ludhiana plant Details 8Middle East crisis to keep LNG markets 'tight' till 2027: IEA Details 8India cranks up output to cope with enduring cooking gas crisis Details 8Latehar LPG consumers face refill crisis after agency closure due to FIR Details 8Raj targets LPG-free colonies in 30 days with PNG camps Details 8Govt: supply of domestic LPG cylinders has stabilised in state Details 898% of LPG refill bookings being done online now Details 8With AI, India’s business leaders are shifting from the era of decision-making to decision designing Details 8India denies RTI request on Russia oil imports, citing strategic and confidential concerns; CIC backs decision and flags transparency gaps Details 8India plugs oil gap as Middle East supplies sink Details 8India turns to Russia and Africa amid Middle East oil disruptions Details 8Hormuz disruption, $100 oil pose risks to India's inflation, rupee: Union Bank Details 8Global oil shock may drive up power costs in India: report Details 8HPCL expands PNG network in Siliguri, powers 2,700 homes with cleaner energy Details 8BPCL wins top honours at 16th global safety awards for HSSE excellence Details 8MRPL Q4 net profit at Rs.119 cr; full year PAT jumps to Rs.1,931 cr Details 8India rupee, bonds under strain on elevated oil; Fed guidance in focus Details 8Global oil shock may drive up power costs in India: report Details You can also click on Newsclips for more