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REFINERY PRODUCTS OUTPUT DECLINE
Core sector output slows to seven-month low of 0.5% in MayIndia's core sector growth hit a seven-month low of 0.5% in May, primarily due to a significant slump in energy-related industries. Petrole...
India's core sector output slows to 0.5% in May as against 1.8% in AprilIndia's core industrial output saw a significant slowdown in May 2026, registering a mere 0.5% growth compared to the previous year, a dip ...
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...
ONGC rebrands itself as ‘gas and oil’ firm as natural gas output overtakes crudeState-run ONGC is shifting its focus, now prioritizing natural gas over crude oil. Chairman Arun Kumar Singh announced that gas production ...
As China gorges on homegrown foie gras, France faces a new rivalChina is rapidly emerging as a global powerhouse in foie gras production, with farmers like Li Fengshan driving massive output increases. C...
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 ...
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...
India's thermal coal imports sink to a 4-year low as green energy reshapes demandIndia's thermal coal imports have reached a four-year low. This decline is attributed to higher domestic coal output and a significant rise...
HPCL's Rajasthan refinery restarts key crude unit after April fireHindustan Petroleum Corp Ltd's joint venture refinery in Rajasthan has restarted its crude distillation unit after a fire in April. This re...
Ukrainian attacks push Russian oil output 10% below target in May, IEA saysRecent Ukrainian assaults on Russian oil installations are severely curtailing production levels. Last month saw a notable decline in crude...
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 ...
Moscow oil refinery damaged in Ukrainian drone attack: Moscow Mayor Sergei SobyaninA Ukrainian drone struck a Gazpromneft oil refinery near Moscow. The facility sustained damage. No casualties were reported. Emergency serv...
After the deluge, get ready for a resetA deal between the US and Iran signals a post-war future. The oil market will see significant shifts. Energy resilience will drive demand f...
Middle East oil and gas output will take months to fully recoverA landmark deal between the US and Iran promises to reopen the Strait of Hormuz, a vital oil shipping route. This agreement has already cau...
US manufacturing output unchanged in May after large gain in AprilUS factory production remained flat in May. This unexpected result followed a strong April. Output of long-lasting goods like vehicles rose...
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...
Ten reasons oil is still below $100 a barrelGlobal oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...
OPEC oil output lowest since at least 2000 as US blockade squeezes Iran: ReportOPEC oil output in May plummeted to its lowest in over two decades, dropping by 1.06 million barrels per day. This significant decline was ...
India's fuel exports fall to lowest since 2022 amid refinery maintenance, domestic demandIndia's refined fuel exports dropped significantly in May, reaching their lowest point since October 2022. Refinery maintenance, particular...