Big Oil profits surge as Iran war keeps energy prices elevatedEuropean and Middle Eastern oil firms reported significant profit increases recently. Saudi Aramco saw its net profit climb by forty-four p...
04 Aug, 2026, 10.22 PM IST
India's fuel exports hit 1-year high in July on strong diesel marginsIndia's fuel exports hit a one-year peak in July, driven by strong diesel margins. Russia's diesel export ban and global supply voids creat...
04 Aug, 2026, 06.39 AM IST
Iran war ushers in oil refining golden era. It won't lastWar-driven supply disruptions have turned oil refining into Big Oil's biggest profit engine, but Reuters columnist Ron Bousso says the wind...
03 Aug, 2026, 12.06 PM IST
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...
03 Aug, 2026, 05.00 AM IST
Petrol sales rise 8.6%, diesel demand jumps 9.4% in July; LPG, jet fuel consumption declinesPetrol and diesel sales saw significant year-on-year increases in July. This growth was fueled by greater mobility and economic activity ac...
03 Aug, 2026, 12.02 AM IST
Kyiv hits Rosneft refinery, Engels air base in RussiaThe renewed attacks threaten to disrupt Russia's fuel supplies just as several regions had begun easing restrictions on gasoline and diesel...
02 Aug, 2026, 11.57 PM IST
Petrol, diesel sales soar on weak monsoon rains, LPG demand shifts to piped gasPetrol and diesel sales saw a significant increase in July. Below-normal monsoon rains boosted demand from farmers and motorists. Diesel sa...
02 Aug, 2026, 03.22 PM IST
Indian Army launches indigenous XWG diesel that works at minus 42°C for tanks, combat vehicles along LAC, LoCThe Indian Army has introduced a new diesel fuel for extreme cold conditions. This specialized fuel ensures vehicle operations at minus 42 ...
02 Aug, 2026, 02.53 PM IST
Reliance ramps up diesel exports to Europe, Brazil in July, sources sayReliance Industries sharply increased diesel exports to Europe and Brazil in July as global fuel markets tightened following the US-Iran co...
30 Jul, 2026, 04.10 PM IST
America is making the most fuel since pre-covid. It’s not enoughAmerican refineries are processing crude oil at their highest rates since before the pandemic. Global fuel supplies remain critically low d...
30 Jul, 2026, 09.49 AM IST
Shocking Discovery: 300 WWII bombs found at former Athens airport site during massive redevelopmentNearly 300 World War II bombs and hazardous materials were found during soil cleanup. Oily waste from decades of airport operations also re...
29 Jul, 2026, 10.01 PM IST
Debate around biofuel? In 2008, scientists found a tiny fungus that could make something surprisingly close to dieselFungus that makes diesel: Scientists discovered a fungus in Patagonia producing diesel-like chemicals. This organism, Gliocladium roseum, c...
29 Jul, 2026, 08.42 PM IST
Why the coming winter is going to be a long, cold one for EuropeEurope will face the next winter with alarmingly low energy supplies and heating oil inventories. Global markets for liquefied natural gas ...
27 Jul, 2026, 12.05 PM IST
- Cutting off Red Sea oil route may be one crisis too many
The Red Sea conflict has disrupted oil flows, impacting global energy markets. This escalation is now forcing oil tankers to reroute, incre...
24 Jul, 2026, 12.52 PM IST
Relieved that crude has finally fallen? The real warning signs just began flashing elsewhereAs the Iran crisis enters its fifth month, traders have become increasingly convinced that Trump will do almost anything to avoid a politic...
20 Jul, 2026, 12.02 PM IST
Asian refiners may be the surprise winners of fresh fuels crunchAsian refiners are well positioned to ship petroleum products globally. Renewed Middle East conflict and Russian diesel export bans are tig...
16 Jul, 2026, 02.25 PM IST
India refiners reap fuel export windfall as war drives shortagesIndia's oil-product shipments are projected to reach their highest level since September. Refiners are capitalizing on strong profit margin...
14 Jul, 2026, 04.12 PM IST