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CRUDE PROCUREMENT DIVERSIFICATION
India's refineries operating at 105% to 108% of capacity, MRPL official saysOver the last six months, Indian refiners have been running at above 100% capacity, driven by soaring diesel demand that leads them to focu...
Blackouts and bigger bills: Pakistan's energy dilemma deepens as Middle East war hurts supplyPakistan’s energy crisis is worsening as disrupted LNG supplies and soaring spot prices force Islamabad to choose between expensive fuel an...
India pivots to US for LPG, LNG as West Asia crisis disrupts Gulf suppliesIndia is sharply increasing LPG and LNG imports from the United States as West Asia disruptions constrain traditional Gulf supplies. US LPG...
Hormuz uncertainty pushes landed costs up to 50%, raising risk of higher consumer pricesThe escalating unrest near the Strait of Hormuz is causing a notable spike in shipping expenses for businesses in India. An increase in fre...
These large and mid-cap stocks can give more than 20% return in 1 year, according to analystsWhenever there is a correction or volatility, just ask one question: Is it an opportunity, or should one be wary? We are raising this issue...
Pidilite sees double-digit volume growth in FY27 despite volatile commodity prices: MD Sudhanshu VatsPidilite Industries expects double-digit volume growth in FY27 and stable earnings. The company implemented price increases to offset risin...
India's June crude imports hit record high as Russian supplies surge despite West Asia tensionsIndia's crude oil imports hit a record 4.93 million barrels per day in June, bolstered by substantial purchases from Russia, which solidifi...
India plans to cut reliance on Middle East oil, tap spot market after war shockIndia's state refiners are pivoting away from Middle Eastern oil contracts following the Iran war's supply disruptions. They plan to boost ...
Tata Motors CV acquisition delay won't dent long-term gains: Sudip BandyopadhyayTata Motors' acquisition of Iveco's commercial vehicle business is delayed until September 2026, a move market expert Sudip Bandyopadhyay f...
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...
India's state-run OMCs face hightened margin, cash-flow risks from oil price surge: Moody’sIndian oil companies are feeling the pinch as global energy prices climb. Domestic fuel prices remain steady, forcing companies like Indian...
India says it has enough oil in the tank despite Hormuz tensionsIran-Israel War: India confidently asserts that it has ample reserves of crude oil and fuel, standing strong against global supply fluctuat...
India’s oil market splits as state refiners cut Russian crude & private players ramp up buysIndia's oil market is split, with state-run refiners significantly cutting Russian crude imports in September due to US pressure and narrow...
US penalty risk on Russian oil may add $9-11 billion to India's import billIndia faces a potential USD 9-11 billion surge in its annual oil import bill if forced to abandon discounted Russian crude due to potential...
Tamil Nadu unveils Ethanol Blending Policy 2023Improving farmer income through price realisation and expansion in opportunities due to ethanol blending, reviving sugar industry in Tamil ...
Petrol and diesel prices remain unchanged for second straight day in Friday reliefThe finance ministry see crude stymying 8% growth in FY23 if crude prices persist at the current level for too long. The government is expl...
Finmin report says Russia-Ukraine crisis poses inflation risk in FY23The government is exploring all viable options, including import diversification, to procure crude at an affordable price, the finance mini...
IOC buys oil from Guyana, signs up term pact for US crudeIndia is the world's third-largest crude consumer and importer.
China and India want to buy more US oil to counter OpecThe potential collaboration between the two major oil buyers would present a challenge for Opec.
- IOC dreams of leadership in global scene
Sarthak Behuria, chairman of Indian Oil Corporation, a Fortune 500 company and India’s biggest refiner, thinks big. His dream is to make IO...