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PETROLEUM OIL LUBRICANTS HANDLING
India raises windfall tax on diesel, jet fuel exports; cuts levy on petrol exportsIndia's government has adjusted windfall taxes on fuel exports, effective July sixteenth. The export duty on petrol has been reduced to two...
Swiggy and HPCL to pilot on-demand cooking gas cylinder delivery via InstamartSwiggy and Hindustan Petroleum announced a new partnership for cooking gas cylinder deliveries. This service marks India's first quick-comm...
IOC, BPCL, HPCL step up fuel quality checks amid social media concernsIndian Oil, Bharat Petroleum, and Hindustan Petroleum have intensified fuel quality inspections nationwide. These companies conducted thous...
India refiners reap fuel export windfall as war drives shortagesIndia's oil-product shipments are projected to reach their highest level since September. Refiners are capitalizing on strong profit margin...
CIC directs petroleum ministry arm to share historical petrol, ethanol, profit dataThe Central Information Commission ordered the Petroleum Planning and Analysis Cell to release historical petrol production and import data...
E20 costs more at current crude prices, but saves forex, boosts farmers' income, reduce oil dependence: GovtEthanol blending shields Indian consumers from volatile global oil prices. This program reduces dependence on imported crude oil significan...
Hardeep Puri explains why India has among world's cheapest petrol, spells out country's fuel strategyIndia offers some of the world's cheapest petrol, according to the Petroleum Minister. Ethanol blending significantly contributes to these ...
ONGC to undertake 1.75 MMT strategic oil reserve expansion at MangaluruONGC approved a 1.75 MMT strategic petroleum reserve expansion at Mangaluru. This project will add significant storage capacity to India's ...
Refined products exports may rise 25% on IOCL's bet: Rs 75,000 crore investment to add 17.3 MMTPA capacity across three units by year-endIndian Oil Corporation's expansion will boost refining capacity by December 2026. This increase is expected to significantly raise India's ...
Strategic oil reserve buying set to support crude demand through 2028To enhance energy security and stabilize market prices, various governments plan to acquire millions of oil barrels up to 2028. This approa...
India’s wartime buying spree leaves behind a cooking gas surplusIndia's fuel retailers now have excess cooking gas supplies. They had booked extra cargoes anticipating supply disruptions in the Persian G...
Deendayal Port Authority loads 38,500 MT of Bentonite on MV BUZZARD in under 23 hours; sets recordDeendayal Port Authority achieved a significant milestone loading Bentonite cargo. The port also set a new national record for single-day c...
BPCL buys 1 million barrels of US crude via tender, sources sayBharat Petroleum Corporation has purchased one million barrels of US West Texas Intermediate crude oil. This significant purchase was made ...
IndiGo, HPCL, other oil sensitive stocks plunge up to 5% as US strikes on Iran lift crude pricesOil-sensitive Indian stocks tumbled significantly after US airstrikes on Iran. Crude oil prices climbed as sanctions on Iranian sales were ...
Indian state refiners ready for Iran oil if US extends waiversIndian refiners are exploring Iranian crude purchases if US waivers extend beyond August. They have fully contracted shipments through Augu...
Ethanol blending has strengthened India's energy security without hurting vehicle performance: Former IOCL ChairmanIndia's ethanol blending programme is bolstering energy security, boosting farmer incomes by nearly ₹1.6 lakh crore, and cutting emissions ...
Tata Motors, Castrol join hands to advance used oil circularity across the lubricant value chainTata Motors and Castrol India have partnered to launch a pilot program for used oil recycling in Karnataka. This initiative aims to create ...