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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...
How India can build a bigger oil buffer without straining the exchequerAs tensions around Iran and the Strait of Hormuz ease, India should focus not only on managing the immediate oil crisis but also on strengt...
Brent crude oil price touches pre-Iran war lows after ceasefire dealOil prices have fallen significantly. This is due to a preliminary agreement between the United States and Iran. The deal aims to reopen th...
PetroChina forecasts Chinese oil consumption will drop 4.9% this yearChina's oil use is set to decline in 2026. This shift comes as the nation embraces new energy sources and faces elevated oil prices. PetroC...
ONGC shares fall 4% despite 46% YoY jump in Q4 profit; revenue rises 4%ONGC shares fell as much as 4% on Wednesday despite the state-run explorer reporting a 46% YoY rise in consolidated Q4 net profit to Rs 10,...
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'...
Iran war to supercharge Asia's move from fossil fuels to electronsThe U.S. and Israeli conflict with Iran is accelerating Asia's shift to electrification, particularly electric vehicles and battery storage...
West Asia War: US' new sanction on a mega Chinese refiner can shake the world’s supply chains — and it’s bigger than oilWest Asia War: United States sanctions on China's Hengli Petrochemical create new worries in West Asia. The move targets a major Chinese re...
Milk supply, prices remain stable amid West Asia crisis; no disruption in dairy operations: Govt"Milk procurement processing and supply across the country have remained uninterrupted amid the ongoing West Asia crisis. Price of milk and...
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...
India to rush petro products to quake-ravaged Nepal: Dharmendra PradhanAmid massive shortage of petro products including LPG in Nepal following a ravaging earthquake, Pradhan said that India will augment fuel s...
- Congress to reduce VAT on petro products and fertilisers in Gujarat
Congress party will reduce the value added tax (VAT) on petro products and fertilisers in Gujarat, stated the first part of the manifesto.
- '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-...
Petro pricing: Spot the differenceGovt’s announcements in 2002 and 2010 claiming decontrol of petro-product prices are eerily similar.
- Petro products top exports charts, rake in $6.52bn
Gems & jewellery, the traditional topper in export sweepstakes, has lost its crown to a new rank newcomer - petro products