Nayara Energy has postponed maintenance at its 400,000 bpd Vadinar refinery from February to April 2026 as European contractors avoid working with the Rosneft-backed firm, sanctioned by the EU over Russia’s war in Ukraine. The sanctions have also stalled Nayara’s petrochemical projects. Meanwhile, the refinery continues processing Russia’s Urals crude after disruptions from Saudi and…
Larsen & Toubro’s hydrocarbon onshore business has secured a major order from Bharat Petroleum Corporation Ltd (BPCL) for engineering, procurement, construction, and commissioning of India’s largest LLDPE and HDPE Swing Unit. This flexible petrochemical plant, with two 575 KTPA trains, will be built in Bina, Madhya Pradesh.
Cairn Oil & Gas has achieved a significant engineering feat by installing India’s first Sub-Sea Template (SST) on the West Coast. This operation, conducted in the Ambe offshore block using a jack-up rig, marks a crucial step in developing marginal offshore discoveries and enhancing domestic oil and gas production.
India has launched the National Deep Water Exploration Mission to boost domestic oil and gas production and reduce its heavy reliance on imports. This strategic initiative focuses on exploring frontier offshore basins, aiming to secure energy for decades while continuing the transition to clean energy sources.
Indian Oil Corporation (IOC) Chairman Arvinder Singh Sahney said the newly inaugurated bulk petroleum storage facility in Ladakh, developed with the support of the Indian Army, will play a critical role in strengthening fuel security and logistics in high-altitude and forward areas.
Adani Total Gas has appointed Preyash Jhaveri as its Interim Chief Financial Officer. This appointment is effective from December 22, 2025. Jhaveri has been designated as a key managerial personnel. He brings over 30 years of experience in finance and accounting across various sectors. Jhaveri has been with Adani Total Gas since 2007.
India’s biogas sector is poised for significant growth. Investments are expected to exceed Rs 5,000 crore by 2026-27. This surge is fueled by strong investor interest and a growing compressed biogas pipeline. The sector is witnessing increased market uptake and offers benefits like cleaner cooking fuel and rural employment. Policy support and efficiency improvements will…
The year 2025 also saw India diversifying crude supply, with US crude imports surging, particularly after Trump’s tariff, alongside expansion in LNG and LPG trade, reflecting broader efforts to reduce dependence on any single source.
Rosneft continues to be India’s top Russian crude oil supplier. Despite US sanctions, large volumes reached Reliance Industries, Indian Oil, and Nayara Energy in December. New Russian exporters have also emerged. Indian Oil was the biggest buyer, followed by Reliance Industries. These transactions are part of existing deals being concluded.
At least five vessels carrying about 3.4 million barrels were idling in the Yellow Sea as of Wednesday, double the volume of last week and the highest level for the grade in the region in more than five years, according to Kpler. The area is close to Shandong province, a hub for independent oil refiners.