Numaligarh Refinery Limited will expand its capacity to nine million metric tonnes per annum. This significant expansion project is schedul...

The White House is exploring using the Defense Production Act to boost oil refining capacity. This consideration follows President Trump's ...

The India-EU Free Trade Agreement has moved closer to final approval. The European Commission presented the agreement for approval to the E...

Vessel traffic in the Strait of Hormuz dropped significantly on Thursday. Two Panamax ships exited the strait, carrying fertilizer and sail...

India is increasing domestic cooking gas production to address supply gaps. Local refiners aim to add over ten percent to current output le...

Iran has temporarily halted a ten percent charge on freight fees for foreign ships. This suspension applies to oil, gas, and liquid petrole...

In July, the United States experienced a notable spike in wholesale inventories, paving the way for anticipated economic growth in the thir...

Dilip Buildcon shares rallied after the company received an LOI from PNGRB to develop an LPG pipeline from Paradip to Raipur. The project g...

The Centre has approved over ten thousand crore rupees for five railway projects. These projects will enhance rail connectivity across four...

Eight railway projects worth over twenty thousand crore rupees were approved by the government. These projects will expand the railway netw...

India has signed a five-year fuel supply agreement with Mauritius under which IndianOil will meet the island’s entire import requirement of...

The Centre has reduced the booking interval for liquefied petroleum gas (LPG) refills from 45 days to 25 days, Union Minister of State for ...

OPEC+ is expected to keep its oil output policy unchanged for October. The group needs to agree new quotas before deciding future output st...

India now supplies sixty percent of diesel transiting Bab-el-Mandeb to Europe. Russian diesel exports remain severely constrained due to on...

New Delhi has reduced export duties on petrol, diesel, and aviation fuel. The levy on petrol exports is now ₹1.15 per litre, a significant ...

As of September 1, the Centre has updated the export duties levied on petroleum products. Notably, the export charge on diesel has been red...

ONGC plans to enter crude and petroleum product trading operations soon. A new strategic petroleum reserve will be built in Mangalore. Expl...