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IMPORTED PETRO PRODUCTS
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...
Pakistan plans oil reserves, storage push as Hormuz constraints expose vulnerabilitiesPakistan is proposing a bonded storage plan to boost its energy security by allowing international suppliers to hold petroleum stocks. The ...
Deep under China's coal basins, PetroChina is unlocking gas from rocksChina is unlocking a new energy frontier with coal rock gas extracted from deep within its coal basins. This ambitious multi-billion-dollar...
Defence Minister Rajnath Singh chairs high-level West Asia review as PM Modi calls for ‘economic self-defence’Defence Minister Rajnath Singh chaired a meeting on West Asia's evolving situation. Prime Minister Narendra Modi called for nationwide econ...
Need of hour is to use petro products with restraint: PM ModiPrime Minister Narendra Modi called for careful use of petrol, gas, and diesel. He stressed that using imported petro products only as need...
Nigerian airlines avert shutdown as Mideast war hikes fuel pricesNigerian airlines continued flying on Thursday despite threatening a shutdown over sky-high jet fuel prices roiling the industry in Africa'...
Petrobras clears offshore project with BPCL in BrazilState-run BPCL announced that the SEAP-I project in Brazil, operated by Petrobras, has received Final Investment Decision. BPCL, through it...
‘America’s petro-imperialism in Iran has already hiked US fuel cost by $20 billion’Jeff D. Colgan highlights the economic toll of the Iran war on American households. He explains how US military actions against oil-produci...
Rapido-investor Shell deepens Indian lubricant market reach through Raj Petro acquisitionShell has fully acquired Raj Petro Specialities, a Mumbai-based company. This move aims to boost Shell's market presence and product range....
IG Petro, Thirumalai gain from shortage of a key raw materialIG Petro, which is yet to announce its quarterly results, is a larger player and has shown more stability in its earnings.
Extend pricing freedom to existing fields: Oil companies to governmentThe PSC for blocks like KG-D6 of RIL and KG-DWN-98/2 of ONGC provides for pricing of natural gas on arms-length basis through competitive b...
Jayalalithaa says diesel price hike a vestige of "wrong UPA policy,"She wanted the Centre to determine petrol and diesel price by considering the price of imported crude and the domestic cost for its process...
- India seeks land passage to Pakistan for fuels
India on Wednesday asked Pakistan to allow transportation of fuels and petrochem products in truck or rail tankers, and proposed laying a p...
- 'Rise in essential, petro-products vexed issues facing India'
Finance Minister Pranab Mukherjee today said the two most vexed issues facing the nation are price rise in essential commodities and petro-...
- Now's the Time
The spike in crude prices makes it imperative to reform petro pricing.
- 'Rising rupee to increase exporters profit by 12-15 pc'
Industry body Assocham said strong rupee against dollar will increase the profit margins of India Inc between 12-15 per cent in long run as...
- Wary of GCC FTA, oilmin blocks duty cuts in Korea pact
Call it the GCC effect. Apprehending stiff competition for the domestic petroleum industry - which has significant public sector presence.
- Oil price hike
The recent round of petro price hike offers some solace to oil marketing companies but not petroleum refiners.
- Budget may cut crude duty to 5%
The groundwork for reforms in the tax structure for the petroleum sector, to be announced in the coming budget, is ready.
- Import of petro products through STEs to continue
NEW DELHI: The government on Sunday said it would continue its policy to route imports of petroleum product through State Trading Enterpris...