Page 2 of Petroleum

Thermax Group has received a Rs 580 crore order from Dangote Industries

Thermax bags Rs 580 crore order from West African conglomerate, Dangote Industries

Thermax has secured a Rs 580-crore order from West Africa’s Dangote Industries to supply utility boilers and systems for its…

November 26, 2025 16:19 IST

Megha Engineering wins mandate to build India’s first private strategic petroleum reserve

Petroleum product exports down 9% to $23.2 bn in Apr-Oct

Following the sanctions (effective 21 November 2025), Kpler observed accelerated Russian crude arrivals ahead of the deadline, with no refiner…

November 19, 2025 17:32 IST

Reliance buys 1 million barrels of heavy crude from Kuwait

Reliance Industries buys 1 million barrels crude oil from Kuwait

Reliance Industries has purchased 1 million barrels of heavy and Eocene crude from Kuwait Petroleum Corp after stopping Russian oil…

Updated: November 18, 2025 13:57 IST

Defying claims of a substantial curtailment, India remained the second-largest buyer of Russian fossil fuels in October

OMCs clinch large LNG import deal with US for 2026

The country has been seeking trade arrangements with the US in the energy sector since Washington imposed high tariffs and…

November 17, 2025 17:45 IST

Edtech company UpGrad has expressed interest to acquire Byju’s parent company

UpGrad joins race to acquire Byju’s parent Think & Learn amid insolvency: Report

Edtech company UpGrad has submitted bids to acquire Byju’s parent company, Think & Learn,

Updated: November 15, 2025 19:24 IST

India's Fuel Exports Slump 21% M-o-M in October

Petroleum products exports down 21% in October

India’s petroleum product exports dropped 21% MoM to 1.25 million barrels per day (mbd) in October, driven by a post-sanction…

November 5, 2025 18:40 IST

Motilal Oswal HPCL 31% upside refinery projects

Oil prices rise as OPEC+ pauses production hikes for Q1 amid glut fears

The Organisation of the Petroleum Exporting Countries and its allies, known as OPEC+, agreed on Sunday to raise output by…

November 3, 2025 06:39 IST

BPCL share price, Jefferies buy rating, BPCL target price 435, oil marketing companies

BPCL Q2FY26 Results: Consolidated profit up 169%; declares Rs 7.5 interim dividend

BPCL Q2FY26 results: Bharat Petroleum reported a strong 169% YoY rise in net profit while revenue grew 3% to Rs…

Updated: October 31, 2025 17:36 IST

Indian Oil is seeking more oil from the Americas while Mangalore Refinery and Petrochemicals has bought Abu Dhabi crude

Indian Oil, Mangalore Refinery turn to Americas and Abu Dhabi crude as US sanctions hit Russian oil imports

Indian Oil, MRPL, and Reliance are turning to U.S., African, and Middle Eastern crude as sanctions on Russian oil tighten.…

October 30, 2025 16:23 IST

Indian refiners have not placed new orders for Russian oil purchases since sanctions were imposed

Indian refiners pause new Russian oil orders after sanctions: Report

Indian refiners have paused fresh orders for Russian crude following new U.S. sanctions targeting Russia’s top oil producers, Lukoil and…

October 28, 2025 13:32 IST

Reliance is considering halting Russian oil purchases to avoid US sanctions

Reliance Industries may consider halting Russian oil imports: Report

Reliance Industries is considering stopping Russian oil imports to avoid US sanctions, as India faces higher export tariffs and seeks…

Updated: October 23, 2025 18:58 IST

L&T partners Holtec International to boost nuclear and thermal power solutions

L&T bags Rs 15,000 crore order to build natural gas liquid plant in Middle East

L&T has bagged a Rs 15,000 crore contract to construct a Natural Gas Liquids plant in the Middle East, strengthening…

October 9, 2025 12:20 IST

ONGC is set to invest Rs 8,110 crore for the onshore development and production of oil and gas

Big energy push: ONGC gets green light for Rs 8,110 crore oil and gas project

ONGC has received environmental clearance for its ₹8,110-crore onshore oil and gas development project in Andhra Pradesh, covering 172 wells,…

October 6, 2025 11:30 IST

India's Petroleum Product Exports Hit One-Year High in September on Surge to UAE, Netherlands, and Brazil. (Image Source: Reuters)

Petroleum product exports hit 1-year high in September

India’s petroleum product exports rose to a one-year peak of 2.2 million barrels per day in September, driven by substantial…

October 3, 2025 20:08 IST

Indian oil refiners are increasing petroleum exports to their highest levels in several years

India’s oil exports soar to record highs, Russian crude and ethanol blending key drivers: Report

India’s record petroleum exports, fueled by Russian crude and domestic ethanol use, are meeting Europe’s winter fuel demand.

September 25, 2025 10:38 IST

Oil India expects to restart development of ozambique liquefied natural gas project

Oil India’s Mozambique LNG project to restart development by year end

TotalEnergies halted construction of the project and imposed force majeure in 2021 following a deadly attack on the site by…

Updated: September 18, 2025 17:01 IST

Megha Engineering wins Rs 5,700 crore mandate to build first private oil reserve: Report

Megha Engineering & Infrastructures (MEIL) has bagged the Rs 5,700-crore contract to build and operate India’s first private-sector strategic petroleum…

September 16, 2025 09:52 IST

siam, oil, nitin gadkari, ethanol fuel, e20 fuel usage, fuel usage in india, Society of Indian Automobile Manufacturers, SIAM, Automotive Research Association of India, ARAI, Federation of Indian Petroleum Industry, FIPI

Auto leaders defend ethanol blending, say ‘slight mileage impact but huge benefit to nation’

Earlier this month, Road and Highways Minister Nitin Gadkari hit out at a section of people that he claimed were…

August 31, 2025 20:30 IST

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