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REFINED FUELS
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 ...
India's LPG imports from US set to cross 1 million tons in June, sources sayIndia's LPG imports from the U.S. are projected to cross a record 1 million metric tons in June, driven by Middle Eastern supply disruption...
Nayara Energy crosses 7,000 petrol pumps in IndiaNayara Energy, backed by Russia's Rosneft, has surpassed 7,000 petrol pumps nationwide, solidifying its status as India's leading private f...
Petrol, diesel margins back to above pre-conflict levels: ReportState-run oil companies are poised for improved profitability as falling crude prices boost fuel marketing margins. While recent government...
Ambani bets on energy 'supercycle' as Reliance expands renewables, chemicals pushReliance Industries is spearheading India's energy independence with a massive push into renewables, chemicals, and alternative fuels. Chai...
Reliance to turn crude into carbon fibre, green chemicals, other materials in major O2C overhaulReliance Industries is set to reinvent its oil-to-chemicals business. The company will convert crude oil into advanced materials and green ...
Chennai Petroleum Corporation gets Navratna status, becomes 28th such CPSEChennai Petroleum Corporation Ltd (CPCL) has achieved Navratna status, a significant upgrade granting it greater financial and operational ...
IOCL Solarises commissioned 150 kW Rooftop Solar System at its Guwahati facilityFacing energy security challenges, Indian Oil Corporation Limited (IOCL) has installed a 150-kW rooftop solar system at its Guwahati facili...
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...
Post-deal, Indian Oil Corp issues first tenders to lift oil, LPG from Hormuz portsIndian Oil Corporation, India's top refiner, has issued tenders for ships. These vessels will transport liquefied petroleum gas and oil. 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...
Higher prices for gas, groceries and flights will outlast the Iran war, experts sayA tentative deal to end the Iran war offers hope but immediate price drops for consumers are unlikely. Experts suggest it will take time fo...
Essar arm secures $500 million crude and product facility from Abu Dhabi's IRHEssar Energy Transition Fuels has partnered with Abu Dhabi's IRH Global Trading. A $500 million facility will diversify crude sourcing and ...
US Stock Market: Energy stocks slide as oil prices tumble on US-Iran peace breakthroughUS energy stocks tumbled Monday as crude oil prices plunged following a breakthrough US-Iran agreement to end hostilities and stabilize glo...
Petrol, Diesel prices today (June 16, 2026): Fuel rates remain unchanged across major Indian citiesFuel prices held steady on June 16, 2026, providing relief after recent hikes. Global oil prices saw a rebound due to supply concerns and g...
India hikes diesel, ATF export levies from June 16India has increased the windfall tax on diesel and aviation fuel exports. The special additional excise duty on diesel exports will now be ...
Strait of Hormuz reopening to ease oil supply risks for India as US-Iran reach truce dealA "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil...
India's Russian oil imports rise in May as refiners boost purchasesIndia continued its strong demand for Russian fossil fuels in May. The nation emerged as the second-largest buyer globally, importing hydro...
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...
Iran war fallout: Fuel use drops 6.5% in May; experts see warning signs for economyIndia's demand for transportation fuels and petroleum products is declining due to supply disruptions and higher prices stemming from the I...