West Asia tensions are escalating, impacting global markets. Iranian attacks and US strikes near the Strait of Hormuz are disrupting oil su...

Exporters report shipment delays of up to 60 days, 20-30% cost escalation, and growing order uncertainty due to the West Asia conflict.

Vessels in the Gulf face danger as Iran's Revolutionary Guards target ships. Attacks have disrupted vital trade routes through the Strait o...

India is actively managing its oil and gas supplies amidst global conflicts. Key LPG carriers are en route, and the nation is prioritizing ...

Two Chinese container ships, the CSCL Indian Ocean and CSCL Arctic Ocean, turned back attempting to exit the Gulf via the Strait of Hormuz,...

Oil marketing company shares tumbled as crude prices surged past $100 per barrel following Iran's attacks on Middle Eastern oil tankers. Ir...

Shares of oil marketing companies ended lower on Friday after a day's breather amid surging crude oil prices due to the deepening conflict ...

Pradhan said that steel makers have ramped up LMO supplies to over 4,473 MT/day from 538 MT/day as on April 1, 2021. The minister further s...

The company operates a fleet of 14 ships that include two VLCCs, one capesize ship, six mini-capesize ships, one panamax bulk carrier, two ...

Petra Solar, a subsidiary of Petra Systems in collaboration with the partner Caspian Renewable Energy, Inc, successfully completed the inst...

India is keen on buying crude oil and liquefied natural gas (LNG) from Canada on long-term contracts to meet its vast growing energy needs.

Air India and its subsidiaries owe Rs 2,310 crore to the oil marketing companies, Civil Aviation Minister Vayalar Ravi informed the Lok Sab...

A state fund in Bahrain is aiming to significantly boost its global holdings, while one of the kingdom's leading investment banks is eyeing...

Reliance Industries and GAIL India will next week mount a pitch with Qatar for jointly setting up a USD 1.3 bn mega petrochemical plant in ...

Wipro signed an MoU with Egypt’s Ministry of Communications and Information Technology to set up a global development centre in Cairo’s Sma...

Oil companies flush with the success of striking gas off India’s coast, have poured more than $2 billion into oil exploration and that mean...

Most big investments in the next five years in the oil industry will be in the downstream (oil refining, storage etc) part of the business ...