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Indian refiners sitting on enough crude, in no rush to resume purchases from West AsiaIndia's state-run refiners have secured enough crude for two months. They are not rushing to buy from the Middle East even if the Strait of...
Iran war shock: Govt asks ONGC to build ₹15,000 crore strategic oil reserve at MangaluruIndia plans to boost its oil security. Oil and Natural Gas Corporation, ONGC, will build a new strategic petroleum reserve facility in Mang...
The US is using an Iranian smuggling tactic to sneak oil out of the GulfThe US military is secretly guiding oil tankers through the Gulf of Oman. This operation uses drones and helicopters to facilitate ship-to-...
The U.S. is using an Iranian smuggling tactic to sneak oil out of the GulfAmerica's military is secretly guiding oil tankers in the Gulf of Oman. This operation uses drones and helicopters to help ships transfer o...
Fueling Demand: Inside India’s ethanol mobility revolution in reverseIndia is launching an ambitious green mobility initiative. The country is establishing E100 fuel stations nationwide before flex-fuel vehic...
India set to hike biogas prices, subsidies under new programIndia is launching a new program to significantly increase compressed biogas production. Higher guaranteed purchase prices and subsidies wi...
India keeps local jet fuel prices unchanged after airline pleaIndian oil refiners have maintained jet fuel prices for domestic flights. This decision follows a request from airlines facing challenges f...
Pakistan plans oil reserves, storage push as Hormuz constraints expose vulnerabilitiesPakistan is proposing a bonded storage plan to boost its energy security by allowing international suppliers to hold petroleum stocks. The ...
Deep under China's coal basins, PetroChina is unlocking gas from rocksChina is unlocking a new energy frontier with coal rock gas extracted from deep within its coal basins. This ambitious multi-billion-dollar...
Rs 10.9 lakh crore burden: Iran shock can take a load off India's backRising oil prices triggered by the Iran conflict are pushing India to accelerate its shift away from fossil fuels, with the government fast...
Bharat Petroleum reviewing oil imports daily, spot buying more amid Iran war, chairman saysIndia's Bharat Petroleum is increasing spot crude purchases due to Middle East supply disruptions from the U.S.-Iran conflict, impacting it...
Petrol, diesel prices hiked for second time in a week; rates increased by nearly 90 paisePetrol prices today: Petrol and diesel prices were raised by about 90 paise per litre on Tuesday, marking the second hike in less than a we...
India working on Rs 40,000 crore subsea gas pipeline project to help mitigate risks brought to fore by Hormuz blockadeIndia subsea gas pipeline project: India is accelerating plans for a direct deep-sea gas pipeline from Oman, estimated at ₹40,000 crore, to...
US releases another wave of emergency oil as gas prices biteThe US has awarded 53.3 million barrels from its Strategic Petroleum Reserve to firms including Trafigura, Marathon Petroleum and Exxon Mob...
China, India place strategic bets on clean energy out of favour in the WestChina and India are aggressively pursuing green hydrogen, investing billions to build massive production capacity. While China focuses on s...
Iranian oil arrives in India just ahead of US waiver expiryIndia has received Iranian oil shipments. This marks the first imports in seven years. The nation is securing volumes before a US grace per...
OVL qualifies to bid for Iran oil, gas projectsOthers on the list include Royal Dutch Shell Plc, China National Petroleum Corp (CNPC), Total SA of France, Russia's Gazprom and Eni of Ita...
ONGC Videsh plans to restart crude production from South Sudan fieldsONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), plans to restart crude oil production from its fields in ...
- GAIL, Petronet eye stake in Nigerian LNG projects
GAIL India and Petronet LNG Ltd are eyeing stake in liquefied natural gas projects being built in Nigeria to secure supplies for burgeoning...
- CNPC wins Canada oil sands exploration rights
China National Petroleum Corp has become the first Chinese firm to control a Canadian oil sands project after winning exploration rights to...