Gulf Oil aims to surpass its rival and achieve the market leader status in India's lubricants sector. The company plans to invest approxima...

Crude oil price : Crude oil prices have dropped significantly following the Democratic victory in the recent US midterm elections. This pol...

Oil prices have been falling for several days, influenced by the outcomes of Congressional elections this week. The results may signal a le...

The United Arab Emirates is planning to construct a third oil-export pipeline to minimize reliance on the Strait of Hormuz. This new pipeli...

Mangalore Refinery and Petrochemicals Ltd plans to increase crude oil purchases on a delivered basis. This strategy aims to reduce shipping...

Germany underscores the critical role of renewable energy in fortifying energy security for India. During recent discussions, German Ambass...

In October, India experienced a surge in palm oil imports to 866,000 metric tons. Soyoil imports reached a record high of 653,000 tons, ref...

A combination of these factors offer Indian refiners an opportunity to capitalise on stronger diesel, gasoline and aviation turbine fuel (A...

Crude oil price : Oil prices experienced a slight increase following reports of a US strike on Iran's Qeshm Island. Concerns have risen reg...

Hinduja Group-owned Gulf Oil Lubricants plans to re-enter Mexico and the US in 2027 as it accelerates overseas expansion and scouts acquisi...

OPEC+ oil-producing countries have agreed to keep December production targets unchanged in a recent meeting. This decision is intended to p...

Assam's agarwood industry has received an export boost after the Centre approved Guwahati airport as an export point for agarwood chips and...

In response to global energy market turmoil, Reliance Industries revamped its crude oil sourcing strategy for the July-September quarter. T...

Abu Dhabi National Oil Co. has informed Asian refiners about future crude supply via a new pipeline. The pipeline aims to circumvent the st...

Global crude oil freight rates are rising due to war-related risks in the Strait of Hormuz and increased ship-to-ship transfers. Goldman Sa...

India’s crude oil imports from the Middle East returned to pre-war levels in September, rising to 2.8 million barrels per day as shipments ...

Indian Oil Corporation plans to reduce its crude oil imports from Middle Eastern sources in the next fiscal year due to the ongoing war in ...