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INDIAN STRATEGIC PETROLEUM RESERVES LTD
Govt approves Rs 4,687 crore interest subsidy for ethanol projectsThe government has approved ₹4,687 crore in interest subsidies for eligible ethanol projects. This support covers interest subvention for n...- ONGC to reserve half of new oil storage for strategic reservesIndia's Oil and Natural Gas Corp will reserve half of its planned oil storage. This new facility will meet the country's strategic petroleu...
- Oil PSUs' June quarter losses miss govt's ₹75,000 crore estimate by wide marginState-run oil firms reported combined net losses of ₹18,149 crore in the June quarter. This figure was significantly lower than the governm...
- Indian Oil reassesses ₹33,000 crore Tamil Nadu refinery, eyes petrochemicals complexIndian Oil Corp is reassessing its Tamil Nadu refinery project due to economic viability concerns. The company is now exploring a standalon...
- Petrol could cost Rs 125/litre without ethanol blending: GovernmentThe Ministry of Petroleum defended the Ethanol Blended Petrol Programme against criticisms. It stated petrol prices would have risen signif...
- L&T Energy Hydrocarbon Onshore secures partnership with Petroleum Development OmanL&T Energy Hydrocarbon Onshore has secured a significant six-year framework agreement. This partnership is with Oman's leading oil and gas ...
- West Asia conflict: PM Modi directs measures to safeguard Indians, boost renewable energy pushPrime Minister Modi directed ministers to safeguard citizens and diaspora from West Asia conflict impacts. He also ordered a dedicated assi...
- 2,557 Indians evacuated from Iran via Armenia, Azerbaijan amid West Asia conflict: MoS Kirti Vardhan SinghOver 2,500 Indian nationals were evacuated from Iran through neighboring countries. The Indian Embassy in Tehran facilitated their safe cro...
- TATA Starbucks eyes expansion in metros, emerging high-growth cities; opens first Reserve store in South IndiaTATA Starbucks plans significant expansion across Indian metropolitan and emerging cities. The company recently opened its first South Indi...
- Govt says E20 fuel safe for vehicles, defends ethanol blending programmeThe government has defended its ethanol blending program, stating no engine damage has been found. Extensive testing and field experience c...
- Finance ministry calls for faster policy action to sustain growth amid global uncertaintyIndia's finance ministry stressed faster policy responses and stronger implementation for investment. The economy shows resilience despite ...
- PNGRB plans to open city gas for external investorsThe PNGRB plans to allow third-party capital investment in city gas distribution areas. This move aims to expand natural gas reach and prom...
- India's top refiner IOCL scouts stakes in gas carriers as it plans higher US importsIndian Oil Corporation is seeking to acquire a fifty percent stake in very large gas carriers. This move prepares the company for increased...
- New Zealand grants first offshore petroleum permit since reversing exploration banNew Zealand's government has issued its first offshore petroleum exploration permit. This action follows the reversal of a ban previously i...
- Kazakhstan eyes stronger trade ties with West BengalKazakhstan's ambassador expressed keen interest in expanding business engagement with West Bengal. The nation views West Bengal as a crucia...
- India plans up to quarter of 2027 LPG imports from US, sources sayIndia plans to buy a quarter of its LPG imports from the United States in 2027. This move aims to reduce Middle East reliance and support t...
- Gold’s next rally could be taking shape: Why investors should focus on the bigger pictureFinancial markets have a habit of testing investors’ conviction. When an asset pauses after a strong rally, the immediate narrative often s...
- No ethanol in premium petrol; no plans to restore E0/E10 petrol: GovernmentPremium petrol grades will continue without ethanol blending, the government stated. No decision has been made to increase ethanol blending...
- India to build Phase-II strategic oil reserves at Rs 14,527 cr under PPP modelIndia plans a second phase for its strategic petroleum reserves. This expansion will add 6.5 million tonnes of crude oil storage. Two new f...
- ONGC to undertake 1.75 MMT strategic oil reserve expansion at MangaluruONGC approved a 1.75 MMT strategic petroleum reserve expansion at Mangaluru. This project will add significant storage capacity to India's ...
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