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PETROLEUM DIVISION
Pakistan hikes petroleum levy on petrol, diesel; keeps retail prices unchangedPakistan's government has increased the petroleum levy on petrol and diesel, keeping retail prices steady despite falling international oil...- These large-, mid- and small-cap stocks can give more than 25% return in 1 year, according to analystsAs the old saying goes: Nothing can be ruled out on the street. Which means that one should be prepared for anything. Now, what is the prob...
- Karnataka HC directs OMCs to honour ethanol offtake pactState-run oil companies must honor their ethanol offtake agreements, a high court ruled, offering a significant boost to dedicated ethanol ...
- Retail inflation edges up to 3.9% in MayEconomists expect price pressures to intensify further in June, driven by the continued pass-through of earlier increases in transport and ...
- CIC pulls up PNGRB over RTI reply on safety, inspections of IGL pipeline workThe Central Information Commission has criticized the Petroleum and Natural Gas Regulatory Board. This is for not properly answering a Righ...
- Why are oil prices up today, and will Brent futures and US WTI crude prices continue to rise or decline again? Iran war, Strait of Hormuz disruption and falling oil stockpiles drive marketWhy are oil prices up today, and will Brent futures and US WTI crude prices continue to rise or decline again? Oil prices moved higher and ...
- Strong revenue growth fails to shield India Inc margins in March quarterCorporate India's March 2026 quarter results showed a mixed performance. While revenues grew strongly, input cost inflation and a weaker ru...
- Retail inflation up a tad on rise in food, bullion pricesRetail inflation reached a four-month peak of 3.5% in April. This rise was fueled by increasing food and gold/silver prices. Economists ant...
- Pakistan extends countrywide austerity drive after US, Iran fail to strike dealPakistan Prime Minister Shehbaz Sharif has extended nationwide austerity measures until June 13 amid continuing uncertainty over the Iran c...
- UAE's OPEC exit: With cartel cracked, oil spills over geopoliticsIn a dramatic turn of events, the United Arab Emirates has officially exited OPEC, signaling a significant transformation within the global...
- Food, fuel prices push up March retail inflation to 3.4%India's retail inflation climbed to 3.4 percent in March. Higher food and fuel costs are driving this increase. Experts predict inflation c...
- Aegis Vopak Terminals announces price band of Rs 223-235 for Rs 2,800 crore IPOAegis Vopak Terminals IPO: The issue is scheduled to open for public subscription on May 26 and will remain available until May 28. Investo...
- Indian oil PSU's have global presence with net investments of $40.6 billion, across 21 countries, says Hardeep PuriIn New Delhi, Hardeep Singh Puri reviewed Indian PSUs' global footprint, including ONGC Videsh Ltd, IOCL, Oil India Ltd, BPRL, GAIL, and Pr...
- Pakistan is staring at an oil crisis as depots run dry: ReportThe Pakistan government is concerned about a potential oil crisis as some retail outlets of oil marketing companies (OMCs) have been found ...
- Pakistan's oil imports facing foreign exchange constraintsAbout six-seven cargoes worth USD 50-75 million each (USD 350-500m cumulative) depending on size and product were held up at present becaus...
- Pakistan government examining possibility of reduced working days to conserve fuelThe estimates are based on three different scenarios in terms of working days and fuel conservation prepared by the State Bank of Pakistan ...
- BHEL wins Rs 265-crore order from BPCL for Kochi Refinery projectBHEL has bagged a Rs 265-cr order from Bharat Petroleum Corporation Limited for supplying equipment for latter's refinery project in Kochi.
- Oil ministry shunts key babus in exploration unit who handled deals like Cairn-Vedanta, Reliance-BPAfter the third shakeup since Reddy replaced Murli Deora as min in Jan last year, the ministry has a new set of bureaucrats in all key posi...
- Confidence Petroleum surges for second straight dayShares of Confidence Petroleum were on the rise two days on the trot after the firm announced that the Khopoli Cylinder Manufacturing Plant...
- MoPNG appoints regular joint secretaryAfter a gap of almost five months Ministry of Petroleum & Natural Gas (MoPNG) has finally appointed a regular joint secretary in its explor...
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