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REFINERY CAPACITY INCREASE
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...
India is set to rewrite its oil destiny, moving from risk to leverageIn a landmark agreement, India is teaming up with the UAE to significantly increase its oil reserves, transitioning into a strategic player...
Namami Gange: Industrial pollution flowing into Ganga down nearly 60 per cent since 2017Industrial pollution in the Ganga has significantly decreased by almost 60 percent since 2017. This achievement is credited to the Namami G...
India has 76 days of fuel reserves, oil supplies secure: Hardeep Singh PuriIndia possesses robust fuel reserves, sufficient for approximately one month of disruption. The nation's diversified sourcing strategy and ...
Global airlines slash 2026 profit forecast on fuel shock from Iran warThe global airline industry has significantly lowered its 2026 profit forecast due to rising fuel costs and disruptions from the Iran war. ...
Sustainable Aviation Fuel production volumes still disappointing: IATA DG Willie WalshThe International Air Transport Association (IATA) has released estimates showing that global Sustainable Aviation Fuel (SAF) production is...
Nayara Energy completes scheduled Vadinar refinery turnaroundNayara Energy has finished its scheduled maintenance at the Vadinar refinery. This critical work involved thousands of personnel and heavy ...
More oil escapes Hormuz, keeping traders guessingIran war: Tankers are using stealth to exit the Strait of Hormuz, freeing oil trapped in the Gulf. The practice of ships going dark is wide...
Govt says India has ample petrol, diesel supply, calls for crackdown on diversionThe govt has confirmed that petrol and diesel supplies are ample for every home and community in the country. Instances of regional shortag...
Time to think of the repair cycle? 8 engineering stocks from India’s capital goods ecosystem with upside potential of up to 26%At a time when the markets are focused on war, crude oil, inflation, and supply disruption, it is easy to miss a quieter shift. India’s eng...
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 ...
Bulk buyers shifting to retail pumps behind fuel demand spike in parts of IndiaFuel demand is rising at some Indian petrol pumps. Bulk diesel buyers are switching to retail outlets due to a large price gap. This is cau...
From uncle's loan in 1977 to $36.8 billion today: The story of a quiet African titan reshaping global energy from LagosAliko Dangote is widely regarded as Africa’s richest businessman and one of the most influential industrialists in the world. His journey b...
US waiver unlikely to lift Russian oil exports already near capacityThe US has extended a waiver for Russian oil exports, but traders believe it won't significantly boost shipments. Russia's infrastructure i...
UK allows diesel and jet fuel imports from Russian crude via sanctions carve-outBritain will allow imports of diesel and jet fuel refined in other countries from Russian crude oil, creating a sanctions exemption aimed a...
Bharat Petroleum reviewing oil imports daily, spot buying more amid Iran war, chairman saysIndia's Bharat Petroleum is increasing spot crude purchases due to Middle East supply disruptions from the U.S.-Iran conflict, impacting it...
Petrol, diesel price hike impact: HPCL, BPCL & IOC shares jump 2% each. What lies ahead for the OMCs?Oil marketing companies like HPCL, BPCL, and IOC saw a 2% share increase following a second petrol and diesel price hike in under a week, w...
Numaligarh Refinery signs post-expansion agreement with Progressive FertichemNumaligarh Refinery Limited has secured a significant deal. The company will sell 52,500 Metric Tonnes of Sulphur annually to Progressive F...
Very small rise in fuel price revision: Indian Oil chief says company working round the clock to ensure full capacity availabilityIndian Oil refineries are running at over 100 percent capacity. This ensures no fuel shortage at retail outlets. Prices for petrol and dies...