The financial landscape for ONGC's petrochemical unit OPaL is alarming, as it faces considerable losses amid skyrocketing naphtha and gas p...

Chinese scientists have developed a new molecular refining method. This technique may significantly reduce energy consumption in oil proces...

International crude prices surged, impacting India's oil import bill and inflation. Escalating West Asia tensions raised concerns about glo...

India has set maximum LPG production targets for refineries and upstream companies. This move aims to build a domestic supply buffer after ...

The Iran war has severely disrupted Middle East supplies, forcing producers to pay double pre-war rates. This shortage is leading to signif...

In June, India and Taiwan emerged as the primary destinations for Russian seaborne naphtha exports, driven by competitive pricing and robus...

Russia has overtaken the UAE as India's leading naphtha supplier. This change is due to discounted prices, with Russia providing more than ...

Russia has surpassed the United Arab Emirates as India's top supplier of naphtha, a key petrochemical feedstock, due to discounted Russian ...

India imported about 410,000 tonnes of naphtha, used for making petrochemicals, in Sept-Oct, the Refinitiv data showed. Of this figure, Rel...

According to the notification, import of zinc dross is allowed without license. Earlier, a license was required for the imports. It is used...

The stand-off between Haldia Petrochemicals and the consortium of lenders continued as the promoters were yet to commit on the margin money.

HPL has got a shot in the arm following the waiver of import duty on the naphtha but it will wait for the viability of its unit to be resto...

Polyester and nylon clothing are set to turn costlier by 2-3%. The imposition of 5% Customs duty on naphtha (an input for manmade fibres) i...

Budget 2008 has made it more difficult for export-oriented units (EOUs) to sell in the domestic market.

Finance minister P Chidambaram could look at doing away with the the present policy of end-use based differential import duty on naphtha in...

Ratnagiri Gas and Power, the new owner of Dabhol power plant, will restart generation in October after a three-month gap, but the cost of p...

Ratnagiri Gas and Power Pvt Ltd, the new owner of Dabhol power plant, will restart generation in October after a three-month gap, but the c...