You Searched For "petroleum products" and got 20 results
Sort By:
5 mins read
BPCL planning Rs 1.7 lakh crore spend to expand core business, new energy foray over next five years
The firm is now implementing the first phase of a multi-decade aspirational journey in the form of …
PTI
3 mins read
Trump said he'll unleash an oil boom. Exxon Mobil CEO says not so fast.
ExxonMobil CEO Darren Woods said there isn't much opportunity for the oil industry to increase prod…
Catherine Boudreau,Jacob Zink…
2 mins read
India's exports to Kuwait surged by 34.78% Y-o-Y to USD 2.1 bn
India's trade with Kuwait has surged remarkably, with Indian exports to the Gulf nation reaching an…
ANI
2 mins read
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
1 min read
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…
3 mins read
EVs are not the only options for alternative fuel — make way for hydrogen and bio-fuel
Electric vehicles are gaining popularity worldwide due to consumer acceptance, policy backing, and …
1 min read
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
1 min read
Sugar stocks soar as govt permits use of sugar in ethanol production; Triveni Engineering, Dhampur Sugar rally over 7%
In December 2023, the government prohibited the use of sugarcane juice or sugar syrup for ethanol p…
PTI
2 mins read
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
2 mins read
The Strategic Petroleum Reserve 'would be harder to use,' and the only buffer for oil markets is Middle East production, energy expert says
The Strategic Petroleum Reserve currently sits at 40-year lows at 351 million barrels, according to…
Aruni Soni
2 mins read
US imposes sanctions on Indian company over alleged Iran oil deal
On Thursday, the Department said that the company "purchased millions of dollars worth" petroche…
1 min read
Putin backs OPEC production cuts but warns of losing oil-market share to the US
Putin backed the production cuts, but said the output is dropping "while it grows in other countrie…
Yuheng Zhan
2 mins read
Russia could face 2 new price caps for refined petroleum products as another EU embargo looms, report says
The two new measures would be aimed at Russian exports that trade both above the price of crude and…
Phil Rosen
2 mins read
India's exports dip 2.83% to $33.9 bn in Nov; trade deficit narrows to $20.58 bn: Govt data
India's merchandise exports slipped by 2.83 per cent to USD 33.90 billion in November while the tra…
PTI
1 min read
Russia will reportedly ban gasoline exports for 6 months to offset 'excessive' demand for crude products
The ban is meant to address rising domestic demand, and comes ahead of the March presidential elect…
Yuheng Zhan
3 mins read
IIT Madras researchers devise method to detect petroleum
The Indian Institute of Technology (IIT) Madras researchers have developed a statistical approach t…
ANI
1 min read
OPEC Plus will continue oil output cuts as prices remain unchanged
OPEC described the move as aiming to "achieve and sustain a stable oil market, and to provide long-…
ANI
2 mins read
ONGC to invest ₹1 lakh cr in energy transition, targets net-zero by 2038
Net-zero for a company means achieving a balance between the quantum of greenhouse gases it pla…
PTI
2 mins read
Oil prices are crashing. Blame uncertain demand and booming US production.
US crude prices plunged below $70 a barrel on Wednesday, while brent dropped to $74 as the global d…
Phil Rosen
4 mins read
ONGC starts oil production from delayed $5 billion deep-water project
State-owned Oil and Natural Gas Corporation (ONGC) on Monday said it has started oil production fro…