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BHARAT PETROLEUM CRUDE MAINTENANCE
BPCL to buy 40% stake in Shell, Tiki Tar venture to expand value-added bitumen businessBharat Petroleum Corporation Ltd. is acquiring a 40% stake in Tiki Tar and Shell India for Rs 85 crore, marking its significant entry into ...- BPCL to buy 40% stake in Tiki Tar and Shell India for Rs 85 croreBharat Petroleum Corporation is set to acquire a 40% stake in Tiki Tar and Shell India for Rs 85 crore, bolstering its presence in India's ...
- Repeated crises reaffirm role of PSU oil firmsDuring national emergencies such as floods and the recent pandemic, India's state-run oil companies have shown their crucial importance by ...
- Hormuz traffic eases; Iran revives crude supply pitch to IndiaMaritime traffic through the Strait of Hormuz is normalizing, with most India-bound energy shipments successfully navigating the chokepoint...
- From floods to war, state-run oil firms prove indispensable despite repeated privatisation bidsIndia's state-run oil companies have proven indispensable during national crises, from floods and pandemics to global conflicts. Despite pa...
- Pakistan hikes petroleum levy on petrol, diesel; keeps retail prices unchangedPakistan's government has increased the petroleum levy on petrol and diesel, keeping retail prices steady despite falling international oil...
- Petroleum vulnerability rising, India must build crude buffers and cut import dependence, EY cautionsIndia faces mounting vulnerability due to its soaring dependence on imported crude oil, now exceeding 90%. A recent EY report urges augment...
- Middlemen offer Iranian oil to Indian refiners after US waiver, traders sayMiddlemen and Iran's state oil company are offering discounted Iranian crude to Indian refiners after the US granted a 60-day sanctions wai...
- Qatar offers crude for July-August loading via tender, sources sayQatarEnergy has launched a tender to sell crude oil for July-August loadings, offering its Al-Shaheen, Marine Qatar, and Marine Land grades...
- Oil falls to pre-war levels, no change in petrol and diesel prices in IndiaGlobal crude oil prices have fallen to their lowest levels since before the Iran conflict, with Brent slipping to around USD 72–73 per barr...
- India, Iran revive energy dialogue as ministers meet on BRICS sidelinesIndia and Iran are exploring new avenues for energy sector collaboration, as announced by Union Minister Hardeep Singh Puri following a mee...
- China state refiners considering resuming Iran oil imports, sources sayChina's major state-owned refiners, Sinopec and PetroChina, are exploring a return to purchasing Iranian oil after a U.S. waiver, marking a...
- 30 India-bound ships cross Strait of Hormuz since Iran war began, 26 more await transitThirty ships bound for India have successfully navigated the Strait of Hormuz, a crucial route disrupted by recent geopolitical tensions. A...
- Trump gets trapped between 'rockets and feathers', squirms for exitUS President Donald Trump has ordered a Justice Department investigation into major oil companies, accusing them of keeping gasoline prices...
- Karnataka HC directs OMCs to honour ethanol offtake pactState-run oil companies must honor their ethanol offtake agreements, a high court ruled, offering a significant boost to dedicated ethanol ...
- Petrol, diesel margins back to above pre-conflict levels: ReportState-run oil companies are poised for improved profitability as falling crude prices boost fuel marketing margins. While recent government...
- HPCL's Rajasthan refinery restarts key crude unit after April fireHindustan Petroleum Corp Ltd's joint venture refinery in Rajasthan has restarted its crude distillation unit after a fire in April. This re...
- Indian state fuel retailers hitting borrowing limits, says officialIndian state fuel companies are facing financial strain. They are borrowing more money as they sell petrol, diesel, and LPG at prices lower...
- SEEPCO supplies 6 million barrels of Nigerian crude to Indian refinersAmidst West Asia crisis concerns, India's state-run refiners diversified oil supplies by sourcing nearly six million barrels from Nigeria's...
- Bharat Petroleum to shut crude unit at Mumbai refinery in NovemberBharat Petroleum Corporation will undertake maintenance at its Mumbai refinery in November. A 120,000 barrel per day crude unit and other s...
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