Consumers in India will not experience immediate price drops for daily essentials and home appliances. Manufacturers are holding onto raw m...

I Squared Capital and the US International Development Finance Corporation are partnering. They will create a three billion dollar investme...

Oil prices edged higher as investors assessed the implications of a potential U.S.-Iran peace deal and the reopening of the Strait of Hormu...

Amidst West Asia crisis concerns, India's state-run refiners diversified oil supplies by sourcing nearly six million barrels from Nigeria's...

Fertiliser supplies and prices will take months to return to normal. Natural gas and petroleum derivative supplies need to resume. Ammonia ...

A peace deal between the US and Iran is set to reopen the Strait of Hormuz. This agreement is anticipated to significantly boost India's ex...

Shipowners and traders are cautiously awaiting details on a potential reopening of the Strait of Hormuz, a vital oil and gas route disrupte...

Haryana urges private firms to embrace work-from-home and staggered schedules to combat traffic congestion and rising fuel costs. This init...

The government has restricted bulk diesel purchases from retail stations to 200 litres per customer and banned reselling to prevent diversi...

Industrial and commercial users can no longer buy petrol and diesel from petrol pumps. They must now get fuel from bulk sale points. This c...

The Department of Promotion of Industry and Internal Trade is prioritizing automation in explosives manufacturing. This move aims to signif...

Iran war impact: Oil prices are projected to average $105 per barrel in June and July. This forecast assumes continued Strait of Hormuz dis...

Nagaland Chief Minister Neiphiu Rio met Union Petroleum Minister Hardeep S Puri to discuss restarting petroleum exploration and production ...

India and the United States can boost bilateral trade to USD 500 billion by 2030. Deeper cooperation in hydrocarbons is key. The energy rel...

India's demand for transportation fuels and petroleum products is declining due to supply disruptions and higher prices stemming from the I...

America's trade deficit shrank in April. This happened as exports of oil products and capital goods reached new highs. This trend could hel...

Bharat Petroleum Corporation will undertake maintenance at its Mumbai refinery in November. A 120,000 barrel per day crude unit and other s...