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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...
Petroleum vulnerability rising, India must build crude buffers and cut import dependence, EY cautionsIndia faces mounting vulnerability due to its soaring dependence on imported crude oil, now exceeding 90%. A recent EY report urges augment...
Middlemen offer Iranian oil to Indian refiners after US waiver, traders sayMiddlemen and Iran's state oil company are offering discounted Iranian crude to Indian refiners after the US granted a 60-day sanctions wai...
CBI raids 80 locations in 16 states in crackdown on digital arrest scamsIn a significant crackdown, the CBI has dismantled a cybercrime network behind digital arrest scams, conducting searches across 16 states. ...
Government restores non-domestic LPG supplies to pre-crisis levelsIndia has restored non-domestic packed LPG supplies to their pre-crisis levels. This welcome development follows a significant improvement ...
India, Iran revive energy dialogue as ministers meet on BRICS sidelinesIndia and Iran are exploring new avenues for energy sector collaboration, as announced by Union Minister Hardeep Singh Puri following a mee...
ONGC, bp sign technical services contract to boost production from Western Offshore BasinONGC and bp have inked a deal to boost oil and gas output from the Western Offshore Basin. This partnership leverages bp's global expertise...
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...
'Iran is ready to establish ties in economic field with India': Iran's Minister of PetroleumIran's Petroleum Minister Mohsen Paknejad arrived in Delhi for BRICS energy cooperation talks, expressing readiness for enhanced economic t...
Qatar minister visits Indian Embassy; offers condolences on death of 12 in factory explosionQatar's Energy Minister, Saad bin Sherida Al-Kaabi, extended heartfelt condolences at the Indian Embassy in Doha following the tragic explo...
Listed pvt firms return to double-digit sales growth in FY26, led by manufacturing rebound: RBIIndian companies are back in the double-digit growth lane! The Reserve Bank of India reports that listed private non-financial firms saw sa...
Largecaps lead profit growth, mid & smallcaps outshine in revenue momentum in Q4Large companies saw stronger net profit growth for the March 2026 quarter, driven by one-off gains, despite slower revenue expansion and wi...
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 ...
Petrol, diesel margins back to above pre-conflict levels: ReportState-run oil companies are poised for improved profitability as falling crude prices boost fuel marketing margins. While recent government...
Chennai Petroleum Corporation gets Navratna status, becomes 28th such CPSEChennai Petroleum Corporation Ltd (CPCL) has achieved Navratna status, a significant upgrade granting it greater financial and operational ...
Singapore-based fintech company Aleta aims to expand operations into IndiaAleta Planet, a Singapore fintech firm, is set to enter the Indian market. The company will provide infrastructure for Visa debit cards, en...
HPCL's Rajasthan refinery restarts key crude unit after April fireHindustan Petroleum Corp Ltd's joint venture refinery in Rajasthan has restarted its crude distillation unit after a fire in April. This re...
SEEPCO supplies 6 million barrels of Nigerian crude to Indian refinersAmidst West Asia crisis concerns, India's state-run refiners diversified oil supplies by sourcing nearly six million barrels from Nigeria's...
Project Hail Mary is real? Scientists discover vast underground fungal network spanning 110 quadrillion kilometresA massive underground fungal network, stretching billions of times to the Sun and back, has been mapped. This hidden web connects plants, s...
US emergency oil stockpile plunges to lowest level since Reagan era amid West Asia warAmerica's emergency oil reserve has fallen to its lowest point since 1983. This significant drop follows extensive releases to manage econo...