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India's petroleum product sales hit seven-month high in December
India's consumption of petroleum products rose to a seven-month high in December to about 20.05 mil…
Katie Couric Repeated A Myth About US Petroleum Exports
The source of this error is that the U.S. is a net exporter of refined petroleum products, such as …
Calculated Risk
India's fuel demand drops 11 pc in March as Covid-19 hits aviation, transport sectors
"The airlines industry accounts for 6-8 per cent of total crude consumption. As more countries are…
PTI
Reliance cuts crude processing at Jamnagar SEZ refinery by 24 pc
In March 2020, the country's petroleum product consumption fell 17.79 per cent to 16.08 million to…
PTI
Hess Issues Important Statement Regarding Its Famous Toy Trucks
Hess CEO said the sale, "marks the culmination of our strategic transformation into a pure-play exp…
Myles Udland
Fuel demand gradually returning to pre-COVID levels: Govt
"Demand of industrial fuels such as sulphur, petcoke, and naphtha reached to levels of 89.3 per ce…
PTI
Bharat Petroleum reports 93% increase in its standalone net profit for April-June quarter
Bharat Petroleum Corporation Ltd (BPCL), the highlight among the host of state-run companies put on…
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
Digital payments firm AGS Transact Technologies to raise ₹800 crore via IPO
AGS Transact Technologies, a payments firm, is looking to raise ₹800 crore through its initial publ…
Warren Buffett's $13 billion bet on Occidental Petroleum turns sour as oil prices hit a 3-year low
The $55 to $60 level has acted as a floor for Occidental Petroleum stock since Buffett started buyi…
Matthew Fox
IOC to decide on bidding for BPCL after govt lays out rules: Chairman
New Delhi, Jan 16 () Indian Oil Corp (IOC), the country's biggest oil firm, will decide on bidding …
PTI
IOC declares force majeure on oil purchases from Saudi, UAE, Iraq, Kuwait
The company has reduced processing at its refineries by at least one-fourth as shutting down of bus…
PTI
The Energy Department Is Testing The Might Of The Strategic Petroleum Reserve Today
"By law, the Department of Energy is required to conduct continual evaluation of the Strategic Petr…
Rob Wile
Govt hikes windfall tax on domestic crude, reduces levy on export of diesel
As per the Gazette of India, the Ministry of Finance, Department of Revenue, issued two notificatio…
ANI
Saudi Arabia has big plans for India's energy sector
Indian Prime Minister Narendra Modi also sat down with the ministers and chief executives …