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CRUDE IMPORT TENDER
Shipping data reveals see-saw situation in Strait of HormuzShipping traffic through the Strait of Hormuz plummeted on Sunday after Iran declared it closed again, citing alleged violations of a peace...- Indian refiners sitting on enough crude, in no rush to resume purchases from West AsiaIndia's state-run refiners have secured enough crude for two months. They are not rushing to buy from the Middle East even if the Strait of...
- A ₹3 lakh crore rain check? India’s monsoon now comes with a Hormuz fine printIndia’s fertiliser supply chain is under strain as the West Asia conflict disrupts shipping through the Strait of Hormuz, a critical route ...
- Global power equations to shift further towards energy, critical minerals: Former Vedanta Group CEOGlobal power is shifting towards energy security and resource control. Geopolitical tensions are reshaping industrial supply chains. Critic...
- After Mumbai High, ONGC brings in BP in other western offshore oil, gas fieldsIn a strategic alliance, ONGC has teamed up with BP to enhance the extraction of oil and gas from its aging offshore fields in the west. Th...
- Bangladesh launches fresh offshore oil, gas tender with sweeter terms for foreign firmsBangladesh is seeking foreign investment for offshore oil and gas exploration. The country aims to increase its domestic gas supply and les...
- Top fertiliser companies float tender to buy 600k t SulphurTop Indian fertiliser firms have united to buy a large quantity of sulphur. This critical raw material is needed for phosphatic fertilisers...
- India, Russia review energy and economy amid West Asia warIndia and Russia's foreign ministers convened recently, aiming to strengthen their energy trade and economic relations. The discussions als...
- India sets course to procure 437 vessels by 2042India is planning to acquire 437 vessels to increase its domestic fleet. Some vessels will be built in India, while specialized ones like V...
- Military-grade jet fuel cargoes from US show scale of Iran war impactUnusual US fuel shipments to Asia reveal global oil supply chain disruptions. Military-grade jet fuel and diesel are sailing from Washingto...
- India crude oil production falls for 11th year, gas declines againIndia's crude oil and natural gas production continued to decline in 2025-26 due to ageing fields and a lack of new discoveries, increasing...
- India BPCL awards 12-month Murban crude import tender to TotalIndia's Bharat Petroleum Corp secures a 12-month import deal for 1 million barrels of Abu Dhabi's Murban crude oil monthly from April with ...
- Indian refiners seek crude after US sanctions disrupt Russia oil supplyIndian refiners MRPL and BPCL issued tenders seeking crude oil after U.S. sanctions disrupted Russian supply. MRPL seeks offers for 1-2 mil...
- Indian Oil seeks sour oil from spot market, trade sources sayIndian Oil Corp (IOC) is seeking high-sulphur oil from the spot market due to expected impacts from new U.S. sanctions on Russian supplies....
- Indian state refiners halt oil imports from Chinese cos: SourcesLast week, Indian state refiners decided to stop sending crude import tenders to Chinese trading firm like CNOOC Ltd , Unipec and PetroChin...
- IOC sets up trading desk at Delhi office to buy crude on real-time basisIOC, which buys 30 per cent (15 million tonne) of its oil requirement from spot or current market, had set up a trading office in Singapore...
- Indian Oil Corp buys first shale oil from USIOC bought 1.9 million barrels of US crude in its second import tender seeking oil from the Americas, company Director (Finance) A K Sharma...
- Indian Oil Corp slashes oil import tender time by halfIOC, the nation's largest oil firm, used to take 26 hours to decide on a tender for import of crude oil from spot or current market.
- Cabinet note on common crude trading platform shortly: Dharmendra PradhanThe oil ministry will shortly move a Cabinet note on crude import policy that will allow the country to do away with tendering and begin sp...
- STC floats tender to import 15,000 tons edible oilIn an effort to bridge the demand-supply gap in the domestic market for edible oil, state-run trading firm STC has floated a tender to impo...
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