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PETROLEUM PRODUCTS AVAILABILITY
Govt extends customs duty waiver on import of key petrochemical products till July 15The government has extended the nil customs duty on approximately 40 critical petrochemical products by another 15 days, now until July 15....- Haldia Petrochemicals pipeline fire in West Bengal leaves several injuredA major fire incident occurred at Haldia Petrochemicals Ltd's refinery in West Bengal on Tuesday, triggered by a leak in a naphtha pipeline...
- 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...
- BPCL to buy 40% stake in Shell, Tiki Tar venture to expand value-added bitumen businessBharat Petroleum Corporation Ltd. is acquiring a 40% stake in Tiki Tar and Shell India for Rs 85 crore, marking its significant entry into ...
- Why India stayed resilient through the Hormuz crisisIndia successfully navigated the Strait of Hormuz closure, ensuring energy security for its citizens. Despite a significant drop in West As...
- 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...
- 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...
- These large-, mid- and small-cap stocks can give more than 25% return in 1 year, according to analystsAs the old saying goes: Nothing can be ruled out on the street. Which means that one should be prepared for anything. Now, what is the prob...
- India raises LPG supplies to industries, government saysIndia has made significant strides in enhancing LPG availability for commercial and industrial users by removing previous supply restrictio...
- Government restores non-domestic LPG supplies to pre-crisis levelsIndia has restored non-domestic packed LPG supplies to their pre-crisis levels. This welcome development follows a significant improvement ...
- 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...
- Ministry of Petroleum and Natural Gas approves Rs150 Cr assistance for India's first private hybrid 2G ethanol project in UPThis initiative marks a significant stride towards India's circular bioeconomy, reducing reliance on food-based feedstocks and bolstering e...
- From Hormuz shock to energy security: How Reliance kept India's fuel lifeline intactReliance Petrochemicals, Reliance Oil Business, AGM 2026: Reliance Industries ensured energy security during a West Asian conflict. The com...
- $300 billion, sanctions relief, Hormuz reopening: Who gets what in the US-Iran peace deal?US-Iran Peace MoU: The US and Iran have signed a preliminary 14-point memorandum of understanding, outlining plans for sanctions relief, ec...
- Government may lift fuel-supply safeguards once West Asia crisis abates: OfficialIndia plans to ease emergency energy measures as global tensions subside. These steps were taken to ensure fuel availability amid West Asia...
- What's in Trump's deal for Tehran? The 14-point US-Iran pact as read by American officialThe U.S. and Iran have signed an interim agreement to halt hostilities and open the Strait of Hormuz, with a 60-day negotiation period to f...
- Electronics now third largest export category, next target second rank: Ashwini VaishnawIndia's electronics exports are surging, now its third-largest category, with ambitions to become second. The nation's electronics manufact...
- Hormuz may reopen, but fertiliser relief is still months away for IndiaFertiliser supplies and prices will take months to return to normal. Natural gas and petroleum derivative supplies need to resume. Ammonia ...
- Govt restricts bulk industrial petrol, diesel purchases through petrol pumpsIndustrial and commercial users can no longer buy petrol and diesel from petrol pumps. They must now get fuel from bulk sale points. This c...
- Higher ethanol mix tax cut a good driveIndia is rolling out incentives for petrol mixed with higher ethanol percentages, marking a significant step in its commitment to bolster e...
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