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OIL REFINING IN INDIA
India, China ink edible oil trade pact to boost soybean oil importsIndia's edible oil industry, represented by IVPA, has inked a significant pact with China's CFNA to boost bilateral trade. This collaborati...02 Jul, 2026, 08.43 PM IST- India not exporting fuel directly to Russia, any supplies are trader-led: PuriIndia's Oil Minister, Hardeep Singh Puri, has stated that Indian companies are not directly supplying refined fuels to Russia. While report...02 Jul, 2026, 08.02 PM IST
- India refiner Nayara's gasoline sold to Russia via traders, sources sayIndian refiner Nayara Energy's gasoline is reportedly reaching Russia, which faces fuel shortages due to Ukrainian attacks. While Indian Oi...02 Jul, 2026, 07.49 PM IST
- India's June palm oil imports fall to 14-month low as demand softens, dealers sayIndia's palm oil imports plunged to a 14-month low in June, driven by weak consumer demand and a shrinking price advantage over rival oils....02 Jul, 2026, 02.59 PM IST
- Iran's unsold oil piles up at sea as buyers stay waryIran is struggling to sell its growing oil stockpile at sea as a US deadline looms, potentially costing Tehran vital revenue and weakening ...02 Jul, 2026, 10.00 AM IST
- 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...01 Jul, 2026, 01.46 PM IST
- 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 ...30 Jun, 2026, 04.16 PM IST
- India plans to add strategic fuel reserves after Iran war shockIndia is bolstering its energy security by planning strategic reserves of crude oil, LPG, and LNG to cover up to a month's demand, aiming t...30 Jun, 2026, 03.51 PM IST
- India's Russian oil imports to hit record high in June, data showsIndia's Russian oil imports hit an all-time high in June, reaching approximately 2.70 million barrels per day. This surge is attributed to ...30 Jun, 2026, 03.50 PM IST
- India lifts curbs on retail sale of petrol, diesel to commercial buyers from July 1India has removed restrictions on commercial buyers purchasing petrol and diesel from retail outlets, effective July 1. These emergency mea...29 Jun, 2026, 07.10 PM IST
- Tata Motors, Castrol join hands to advance used oil circularity across the lubricant value chainTata Motors and Castrol India have partnered to launch a pilot program for used oil recycling in Karnataka. This initiative aims to create ...29 Jun, 2026, 12.18 PM IST
- From floods to war, state-run oil firms prove indispensable despite repeated privatisation bidsIndia's state-run oil companies have proven indispensable during national crises, from floods and pandemics to global conflicts. Despite pa...28 Jun, 2026, 01.09 PM IST
- Petroleum vulnerability rising, India must build crude buffers and cut import dependence, EY cautionsIndia faces mounting vulnerability due to its soaring dependence on imported crude oil, now exceeding 90%. A recent EY report urges augment...28 Jun, 2026, 08.58 AM IST
- Indian refiners unlikely to rush for Iranian oil despite temporary US sanctions waiver, says analystIndian refiners are unlikely to sharply raise purchases of Iranian crude despite a 60-day US sanctions waiver, as uncertainty over its dura...26 Jun, 2026, 04.55 PM IST
- Middlemen offer Iranian oil to Indian refiners after US waiver, traders sayMiddlemen and Iran's state oil company are offering discounted Iranian crude to Indian refiners after the US granted a 60-day sanctions wai...26 Jun, 2026, 04.49 PM IST
- 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...25 Jun, 2026, 02.24 PM IST
- No bids made in Indian Oil tender for ships to carry Gulf cargoes, say sourcesIndian Oil Corporation has failed to secure any bids for chartering vessels to transport crude oil and LPG from the Strait of Hormuz. Ship ...23 Jun, 2026, 11.50 AM IST
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