Trust market returns to secure oil: India owns stakes in oilfields from Russia to Abu Dhabi, but getting that crude home is another challengeIndia's overseas oil investments, particularly in Russian oilfields, have not guaranteed preferential access to crude during supply disrupt...
Indian oil refiners expect healthy margins amid global supply disruptionsA combination of these factors offer Indian refiners an opportunity to capitalise on stronger diesel, gasoline and aviation turbine fuel (A...
India weighs new oil manoeuvre as old routes get jammedThe West Asia war has forced India to look at energy security through a new, different lens. The oil issue, for India, has now gone from be...
IndiGo, Indian Oil and other crude-sensitive stocks rally up to 4% as oil dips below $105/bbl. Where are prices headed?Crude-sensitive stocks such as IndiGo, BPCL, HPCL and Indian Oil rallied up to 4% as oil prices declined for a second consecutive session a...
Pakistan suffered $40 billion in economic losses due to suspension of trade with India: PIBC chiefLahore has faced an estimated USD 40 billion in economic losses since trade with India paused in 2019. Business leaders emphasize the need ...
PSU oil firms float tender to buy 150 mn litres of biodiesel at Rs 88/litreIndian oil marketing companies are inviting bids for 150 million litres of biodiesel over a three-month period. The procurement will begin ...
Stocks in news: Reliance Industries, Jio Platforms, M&M, CDSL, ITC, NTPC, IOCL and Hero MotoCorpIndian equity benchmarks closed higher on Friday, with significant gains recorded in the Nifty 50 and BSE Sensex. Several major companies, ...
IOC, BPCL, HPCL clock Rs 30,106 cr Q2 profit, nearly 39 pc of last year's annual earningsIn the third quarter, spanning July to September, India's three major state-run fuel retailers announced a combined net profit of Rs 30,106...
Indian Oil net profit triples YoY to 21,630 cr in Q2Indian Oil experienced a remarkable surge in its net profit, which soared to ₹21,630 crore for the second quarter. This growth can be attri...
Flipkart, Exim Bank lead $8.13 billion external borrowing proposals in AugustIndian companies have sought to raise a total of $8.13 billion in external commercial borrowings. This amount represents a 6% increase from...
Indian petrol demand to peak by 2035, says top refiner Indian OilIndian petrol demand is projected to peak by the year 2035 as electric vehicles become more prevalent. The chairman of Indian Oil Corp high...
TCS, Vedanta among 10 companies offering dividend yield of up to 7%. Do you own any?Currently, numerous companies are enticing income-focused investors with impressive dividend yields. Notably, Vedanta and Coal India shine ...
- India needs to build up shipping capacity to cash in on cheap crude, IOC chairman says
India is facing challenges in effectively utilising discounted crude oil due to inadequte shipping capabilities. The chairman of Indian Oil...
India seeks bigger share of diesel exports on refining capacity boomIndia’s diesel exports are set to rise from 2027 as state-run refiners expand capacity, strengthening the country’s role as a global fuel s...
Clean toilets, QR-code feedback: Oil companies turn petrol pump washrooms into customer trust testOil marketing companies IndianOil and BPCL are stepping up inspections of petrol pump toilets, with senior executives checking hygiene stan...
OMCs back interim LPG distributors' commission hike; ministry approval awaited: AIHPGDAIn a communication dated October 22, AIHPGDA President Rajendra B said the assurance came during a bipartite meeting held on October 21 at ...
Indian Oil to trim Middle East oil imports under annual deals amid Iran warIndian Oil Corporation plans to reduce its crude oil imports from Middle Eastern sources in the next fiscal year due to the ongoing war in ...