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NAPHTHA IMPORT DEPENDENCE
World MSME Day: Chemical industry seeks policy support to boost competitiveness amid global trade disruptionsIndian chemical industry leaders are urging a policy overhaul to boost competitiveness ahead of World MSME Day 2026. They highlight the nee...- Reopening of Strait of Hormuz to lower tail risk, but supply normalisation to be costly: S&PS&P Global Ratings suggests reopening the Strait of Hormuz eases immediate risks for Asia Pacific, but expects uneven and costly supply nor...
- 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...
- Trade pact with Oman strengthens India's energy security: ExpertsThe recent trade accord between India and Oman represents a significant leap toward energy independence and economic integration. Experts n...
- India may have found reliable trade route beyond Strait of Hormuz with Oman trade dealIndia's new trade pact with Oman, effective June 1, offers strategic importance beyond trade. Oman's location outside the Strait of Hormuz ...
- Global Market: Japan inflation remains below BOJ target as energy costs riseTokyo's inflation eased for a sixth month in May, staying under the Bank of Japan's target. Government subsidies helped cushion rising glob...
- WPI inflation to face further upside as oil and metal prices stay elevated amid geopolitical tensions: ReportIndia's Wholesale Price Index surged to 8.3 percent in April 2026. Fuel and manufactured goods drove this sharp rise. Global crude oil pric...
- Global Market: Japan wholesale inflation hits 3-year high amid Iran oil shockJapan's wholesale inflation surged to its fastest pace in nearly three years in April, driven by rising energy and commodity prices linked ...
- Japan's Calbee potato chip bags turn black-and-white due to Iran war ink shortageJapanese snack maker Calbee is temporarily switching 14 popular products to black-and-white packaging starting May 25 due to concerns over ...
- Biggest energy crisis ever: 600 million barrels lost, oil shock sends prices, inflation and markets into turmoilA big global energy crisis is happening due to oil supply loss during war. Fuel prices are rising fast in many countries. Inflation is also...
- 600 million barrels gone, gas +47%, jet fuel +100%: is the global energy crisis 2026 from US– Iran war about to trigger inflation shock and global recession?The global energy crisis 2026 is intensifying fast. Over 600 million barrels of oil supply are now lost, triggering a historic oil shock. T...
- Japan plans $10 billion framework to help Asia secure oilJapan is launching a significant financial initiative. A 10 billion dollar framework will assist Asian nations in securing vital energy res...
- Premiums surge, runs cut as Iran war disrupts naphtha supply to AsiaThe Iran war has severely disrupted Middle East supplies, forcing producers to pay double pre-war rates. This shortage is leading to signif...
- India's exports to China skyrocket but a $106 billion trade deficit loomsIndia's exports to China surged nearly 90% in November 2025, driven by naphtha and electronics, but this growth is not broad-based. Analyst...
- Haldia Petrochemicals seeks local Indian naphtha supplies amid Red Sea disruption: CEOThe company, which owns a naphtha cracker producing 700,000 metric tons per year in the eastern state of West Bengal, sources 50% of its fe...
- RIL's backward integration to boost petrochemical marginsRIL is the first company in the world that has started large-scale ethane import.
- Closure of 3 south-based urea plants will hit industry hard: Satish Chander, Fertiliser Association of India'It is ironic that the government, on the one hand, is contemplating to revive various sick and closed fertilizer units and, on the other h...
- Haldia Petro margins hit by high naphtha pricesFollowing steep rise in naphtha prices, margins of Haldia Petrochemicals Ltd (HPL) was affected to a considerable extent.
- Fresh lease of life for ONGC’s SBM projectOil and gas major ONGC is planning to revive its long-abandoned plan of setting up its own single buoy mooring (SBM) facility off the Hazir...
- NTPC, Gail look to import low-cost LNG from QatarThis would be music to the ears of the Maharashtra government. NTPC and Gail (India) are trying to home in on a cheapest LNG import deal th...
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