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RBI to meet daily dollar needs of 3 state-run oil firms to ease rupee pressureThe Reserve Bank of India has stepped in to support three prominent oil firms: Indian Oil, Bharat Petroleum, and Hindustan Petroleum, as th...- MP & former FS Shringla highlights significance of Russian oil supplies in interests of India’s 1.4 billion people & keeping global energy prices under controlHarsh Vardhan Shringla has defended India’s Russian oil imports, warning that stopping purchases could push up global energy prices and und...
- GAIL launches Season 2 of ‘Wah Kya Energy Hai’ campaign with new anthemGAIL (India) has launched the second season of its consumer awareness campaign called Wah Kya Energy Hai. The campaign includes four short ...
- Brent commands a war premium as Middle East supply risks keep oil on edgeBrent crude is trading above $100 a barrel as geopolitical tensions and supply risks in the Middle East sustain its premium over WTI. For I...
- ‘What ‘no palm oil’ labels tell consumers and what they don’tIndia cannot spend Rs 11,040 crore building a domestic oil palm economy while allowing brands to turn the same crop into a warning sign. Th...
- ‘We have all of those elements’ in India, says BP CEO Meg O’Neill as firm weighs oil and gas bids under Samudra Manthan schemeIndia's government has introduced the Samudra Manthan policy to enhance energy security through increased oil exploration. BP's CEO Meg O'N...
- Trump strikes deal with Putin to get diesel in sharp reversal of US policy weeks before midtermsUS President Donald Trump revealed a new deal with Russia for diesel imports expected to alleviate high fuel prices. This announcement dive...
- India's 10-year yield hits Dec 2023 peak as US debt rout, oil spike hurtThe Indian government bond market is feeling the heat from escalating US Treasury yields and climbing oil prices. Crude oil has surged, fue...
- India shuns costly Russian oil as Middle East flows recoverIndian refiners have decreased their purchases of Russian crude oil for November delivery as prices rise. Competition from China is further...
- Building the route to India: Russian oil and mineral water producers expand overseasEcooil and Akva-Kristall are strategically enhancing export ties with Indian buyers. Leveraging their strong infrastructure for production,...
- India miffed over 'Ukrainian' drone strike on oil tankerAa Ukrainian drone assault targeted the Liberian-flagged Aframax Rio, carrying Indian citizens off the coast of Sochi. Fortunately, all 23 ...
- Russian crude deliveries to India crossed $43 billion in 2025 and rose 25% in the first half of 2026Russia is strengthening its role as a key energy partner for India, supplying about half of its oil imports, with crude purchases exceeding...
- India-bound sunflower oil cargoes face cancellation, delays as war disrupts Russian shipmentsThe Russia-Ukraine conflict has also delayed about 60,000 tons of sunflower oil bound for India, prompting Indian buyers to step up palm oi...
- GAIL India eyes minority stake in US LNG project amid supply security pushState-run GAIL India is in talks with three to four US LNG export projects to secure long-term supplies and may acquire a minority stake in...
- In 1997, Gujarat man quit his job to sell vada pav for Rs 2.50 outside a posh bungalow. 30 years later, he owns the house but still runs his street-side cartAnilbhai's journey from peon at ONGC to successful vada pav seller in Surat is nothing short of inspiring. Beginning in 1997 with cherished...
- India's sunflower oil imports hit four-year low on Black Sea disruption; palm oil risesIndia’s sunflower oil imports fell 36% in September to their lowest level in more than four years as the Ukraine war disrupted Black Sea sh...
- $100/barrel crude on screen, $145/barrel in physical market: Kotak Securities sees two pricesCrude oil’s physical market price could reach nearly $145 a barrel even if benchmark prices show $100, as soaring VLCC shipping costs widen...
- Deep-sea gas becomes costlier as government raises price ceilingThe government has raised the ceiling price for gas from difficult fields such as Reliance-BP’s KG-D6 block to $9.89 per MMBtu for October ...
- GAIL’s Sanjay Kumar named next Petronet LNG CEOSanjay Kumar has been appointed as the next Managing Director and CEO of Petronet LNG Ltd. His term will commence on May 13, 2027, after A ...
- Petronet to pay directors up to 1% of profit as commissionPetronet LNG Ltd has proposed to seek shareholders' approval for paying commissions to directors from FY27 to FY31. This proposal is for a ...
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