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OIL REFINING
Oil Price Today (September 14): Crude oil jumps 3% to near $108/barrel as Middle East tensions escalate. What are analysts warning?Oil prices experienced a significant spike on Monday, approaching $108 per barrel, amid rising tensions in the Middle East. Recent attacks ...
Crude pool drying up as Middle East conflict drags on, refiners waryIndian refiners are using inventories to manage immediate oil supply disruptions. They worry about prolonged closures and widening conflict...
Russia imports record fuel from India as Ukraine strikes hit refineriesRussia imported record oil products from India in August. This surge occurred as Ukrainian drone strikes disrupted domestic refining capaci...
Asian ports snarled as El Niño fuels busy typhoon seasonThe shipping industry in Asia is grappling with unprecedented challenges as the typhoon season proves to be remarkably intense. Shanghai is...
Amid US-Iran war and rising LNG rates, GAIL Gas turns to blended pricing to keep industrial gas affordableGAIL Gas employs blended pricing to keep industrial natural gas affordable. This strategy uses varied gas supplies and contractual flexibil...
IEA slashes oil demand forecast as prices surgeThe International Energy Agency on Friday further reduced its forecast for global oil demand this year, citing the recent escalation in the...
White House weighs how to use Defense Production Act to expand US oil refining capacity, sources sayThe White House is exploring using the Defense Production Act to boost oil refining capacity. This consideration follows President Trump's ...
New problem shaping up for the oil market as Hormuz remains shutHouthi forces have seized Perim Island, threatening the vital Bab el-Mandeb Strait shipping lane. This development occurs as the Strait of ...
Counting Rs 4 lakh crore loss in RIL? Dangote refinery listing in Nigeria could trigger a 30% rallyReliance Industries could see a re-rating of its oil-to-chemicals business as the planned Dangote Petroleum Refinery listing provides a glo...
Tukaram Mundhe-led Maharashtra FDA raids 11 food units in Thane, seizes Rs 20.48 lakh materialMaharashtra FDA has intensified food safety enforcement across the state. Eleven food manufacturing units in Thane were raided, seizing pro...
Fifty districts drive a third of India's informal economy, women lead the way in 25A robust economic framework is evident in fifty districts that drive India's unincorporated enterprise GVA and businesses. Impressively, 28...
Indian Oil refining leadership plans as it tests new waters; refiner moves to build a larger pool of executives for future senior rolesIndian Oil Corporation is proactively bolstering its leadership and succession strategies while undergoing a vital board restructuring. Thi...
IOC, BPCL & HPCL likely to post Rs 14,470 crore profit in Q2IndianOil, BPCL, and HPCL are set to achieve remarkable profits during the July-September quarter, showcasing a stark recovery from their p...
How Trump's stock portfolio rode oil price rollercoaster: ReportOil prices surged above $100 a barrel amid escalating tensions with Iran. President Trump's disclosed oil investments gained millions durin...
Petronas Lubricants, Tata Motors collaborate for pilot used lubricant recycling modelPetronas Lubricants India and Tata Motors have signed an initial pact for a pilot project. This collaboration aims to establish a structure...
Five-year fuel contract with Mauritius: IndianOil turns 25-year presence into strategic footholdIndia has signed a five-year fuel supply agreement with Mauritius under which IndianOil will meet the island’s entire import requirement of...
India's vegetable oil imports strain port storage, delaying unloadingIndia’s aggressive edible-oil imports have clogged major ports, delaying vessel unloading by up to 10 days as storage tanks fill. At least ...