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Indian refineries are completely refusing oil from a key Russian shipping giant
Indian refineries are rejecting oil cargo carried by Sovcomflot, a Russian tanker firm that's been …
Filip De Mott
India to lead world in fuel demand growth, consumption to grow by 1.3 million barrels by 2030: IEA
India, the world's third biggest oil importer and consumer, will in the second half of the decade b…
PTI
Gandhar Oil Refinery IPO to open on November 22
Gandhar Oil Refinery (India) Ltd is set to open its initial public offering on November 22. The th…
PTI
Indian Oil set to produce fuel for Formula 1 cars
Indian Oil Corporation (IOCL) will produce fuel for formula one cars, which is being produced at Od…
ANI
India's oil import bill could swell to $101-104 billion in FY25: ICRA
As per ICRA's calculations, a $10/barrel uptick in the average crude oil price for this fis…
PTI
India's petroleum products demand to increase mid-single-digit percentage in 2023-24: Fitch
India's demand for petroleum products is likely to increase by a mid-single-digit percentage in the…
ANI
State-owned oil stocks have more juice left in the barrel
Few stocks can claim to have juice left as markets hit staggering heights as 2023 bid goodbye. Publ…
RBI sees price of India's crude oil imports at $85 a barrel in FY25
The RBI expects the price of the Indian basket of crude oil imports to be around $85 per barrel goi…
IOC Q2 net profit jumps to Rs 12,967 cr; half yr profit tops best-ever full-year earning
State-owned Indian Oil Corporation (IOC) on Tuesday reported a return to profitability with a net p…
PTI
India is buying the most US oil in almost a year as sanctions on Russian energy bite
Indian refiners see more WTI Midland crude oil being used in the country in coming months, sources …
Yuheng Zhan
US oil suppliers are getting a boost from Russian sanctions as India looks to buy more from them
India imported an estimated 7.6 million of US barrels in March, a significant increase from the 3 m…
Filip De Mott
India imported 420,000 fewer barrels of Russian oil a day in February amid tightening sanctions
Weaker crude exports caused Russia's monthly energy revenue to slide by nearly 1% from January, the…
Filip De Mott
Oil prices would double if India didn't trade with Russia, energy minister says
"The world is grateful to India for buying Russia's oil," Indian minister Hardeep Singh Puri told C…
Filip De Mott
Indian Oil to invest ₹61,077 crore in a petchem complex at Paradip in Odisha
In a statement, Indian Oil Corporation (IOC) said its board has given "Stage-1 approval for setting…
PTI
Oil pipeline leaks in Bihar village sending locals into a looting frenzy
A village in Bihar on Tuesday witnessed a mad scramble for petroleum, suddenly up for grabs from an…
PTI
India's Russian oil imports now double of Iraq
India's imports of crude oil from Russia touched a new high of 1.64 million barrels per day in Ma…
PTI
IIT Guwahati starts incubation centre to help its students turn entrepreneurs
IIT Guwahati sets up a technology incubation centre to encourage its students to transform their bu…
Oil refineries improve run rate; Reliance cuts crude processing for 3rd straight month
RIL refineries processed 5.312 million tonnes of crude oil in May, down 12.5 per cent over the…
PTI
India's GDP grows 7.6% in July-September quarter
The Indian economy grew 7.6% during the July-September quarter of the current financial year 2023-…
ANI
A Russian oil ship has been floating 1,600 miles off the shore of India for over a week as officials mull whether to let the sanctioned tanker dock
The NS Century has been drifting off the coasts of India for about 10 days, according to shipping d…