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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...- How India can build a bigger oil buffer without straining the exchequerAs tensions around Iran and the Strait of Hormuz ease, India should focus not only on managing the immediate oil crisis but also on strengt...
- 5 world market themes for the week aheadGlobal markets are watching closely as a U.S.-Iran deal faces crucial weeks. Key economic data from the U.S. and Australia, along with Colo...
- 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...
- Brent crude oil price touches pre-Iran war lows after ceasefire dealOil prices have fallen significantly. This is due to a preliminary agreement between the United States and Iran. The deal aims to reopen th...
- PetroChina forecasts Chinese oil consumption will drop 4.9% this yearChina's oil use is set to decline in 2026. This shift comes as the nation embraces new energy sources and faces elevated oil prices. PetroC...
- PetroChina, Indian Oil fail to secure tankers to load Iraqi crudePetroChina and Indian Oil faced difficulties securing tankers for Iraqi crude. PetroChina and Indian Oil Corp could not find vessels. Sinoc...
- War or peace? Colombians choose destiny in high-stakes voteColombians are voting in a presidential election to decide the nation's approach to escalating violence, with a choice between continuing l...
- Trump administration tells prosecutors to stand down on Venezuela leader, sources sayFederal prosecutors in Miami have been instructed to halt criminal investigations into Venezuela's acting President Delcy Rodriguez, a long...
- ONGC shares fall 4% despite 46% YoY jump in Q4 profit; revenue rises 4%ONGC shares fell as much as 4% on Wednesday despite the state-run explorer reporting a 46% YoY rise in consolidated Q4 net profit to Rs 10,...
- 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...
- BPCL Q4 Results: Cons PAT jumps 28% YoY to Rs 5,625 crore; revenue rises 6%BPCL reported a 28% YoY jump in Q4 consolidated PAT to Rs 5,625 crore, with revenue rising 6.3%. Full-year net profit surged 94% to Rs 25,8...
- What $29 bn could have bought the USThe United States has allocated twenty-nine billion dollars for a conflict with Iran. This substantial sum could have funded numerous benef...
- Defence Minister Rajnath Singh chairs high-level West Asia review as PM Modi calls for ‘economic self-defence’Defence Minister Rajnath Singh chaired a meeting on West Asia's evolving situation. Prime Minister Narendra Modi called for nationwide econ...
- Need of hour is to use petro products with restraint: PM ModiPrime Minister Narendra Modi called for careful use of petrol, gas, and diesel. He stressed that using imported petro products only as need...
- Nigerian airlines avert shutdown as Mideast war hikes fuel pricesNigerian airlines continued flying on Thursday despite threatening a shutdown over sky-high jet fuel prices roiling the industry in Africa'...
- Iran war to supercharge Asia's move from fossil fuels to electronsThe U.S. and Israeli conflict with Iran is accelerating Asia's shift to electrification, particularly electric vehicles and battery storage...
- Explosive device kills 13, injures 38 on bus in southwestern Colombia as violence persistsA bus explosion in southwestern Colombia has claimed 13 lives. The army chief has labelled the incident a terrorist act. This attack is par...
- ‘America’s petro-imperialism in Iran has already hiked US fuel cost by $20 billion’Jeff D. Colgan highlights the economic toll of the Iran war on American households. He explains how US military actions against oil-produci...
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