Page 2 of Petroleum

Indian Oil says Russia oil purchase a business decision, will continue buying despite US ‘sanctions’

Indian Oil said that in the fiscal year 2024-25, the company’s 22 per cent crude oil came from Russia. The…

Updated: August 18, 2025 18:45 IST

Indian Oil Q1 FY26 results: Profit jumps 82%, revenue stays flat at Rs 2,21,849 crore

While Indian Oil saw a massive profit jump in the quarter, its revenue grew by just 0.9 per cent in…

Updated: August 14, 2025 15:17 IST

Hindustan Petroleum explores Russian oil alternative amid price, sanction worry

HPCL chairman Kaushal said that while there was no official directive from the government regarding the purchase of Russian oil,…

Updated: August 8, 2025 14:19 IST

trading, Iranian oil, petrochemicals, trade, Bharat Petroleum

Firms sanctioned by US over Iran oil mostly Mumbai based

Six Indian firms—mostly Mumbai-based—have been sanctioned by the US for trading in Iranian oil and petrochemicals. These small and mid-sized…

August 5, 2025 23:34 IST

LNG, crude imports, US, trade, economy, manufacturing, PLI scheme

India may increase LNG, crude imports from US to ease trade pressure

Higher LNG and crude imports, long-term energy contracts, and clean tech collaborations may help ease tariff tensions with the US.…

August 1, 2025 20:53 IST

EU Sanctions Dampen India's Petroleum Exports; Q1 FY26 Sees Volume & Value Decline. (Image Source: Reuters)

India’s petroleum products export decline 3% during Q1FY26

India’s petroleum product exports fell by 3% in volume and nearly 22% in value during Q1 FY26. This decline is…

July 23, 2025 23:22 IST

India Unveils Major Oil & Gas Reforms: Investor Protection, Infrastructure Sharing, and Green Transition . (Image source: Linkedin)

Govt unveils more safeguards for investors in oil & gas sector

India’s Ministry of Petroleum and Natural Gas has introduced the Draft Petroleum & Natural Gas Rules, 2025, a landmark reform…

July 9, 2025 19:30 IST

India's Gas Market Gears Up for Global Hub Status: PNGRB's Sweeping Reforms. (Image Source: Reuters)

Regulator plans gas exchange revamp

The PNGRB unveils ambitious plans to transform India’s natural gas market into a global hub, introducing new products like CBG,…

July 8, 2025 18:21 IST

crude, oil, oil import, Oilfields, ongc, trump, Iran Israel, oil production

Drill, India, drill

This is imperative to reduce the country’s high import dependence over the medium term.

June 30, 2025 03:00 IST

petroleum product, exports, industry, Kpler, reciprocal tariffs

India’s petroleum product exports decline 10% in June

India’s petroleum product exports fell 10% in June to 1.19 million bpd. UAE, Australia, and Europe saw rising imports, while…

June 29, 2025 21:16 IST

sales. Petroleum, iron, steel, industry, manufacturing, Reserve Bank of India

Listed private non-financial firms’ sales up 7.2% in FY25

Sales of listed private non-financial firms rose 7.2% in FY25, up from 4.7% last year, per RBI data. Growth was…

June 26, 2025 20:54 IST

Adani Total Gas, Adani Group, Reliance BP Mobility, Jio-bp, partnership, fuel infrastructure, EV Charging, LNG, city gas distribution

Fueling synergies: Adani Total Gas, Jio-bp ink strategic alliance to expand fuel infrastructure

Adani Total Gas has partnered with Jio-bp to jointly offer liquid fuels and CNG across select fuel outlets, aiming to…

Updated: June 25, 2025 15:46 IST

crude oil prices, crude oil, industry, Donald Trump, LNG, crude

Crude prices may see further spike as West Asia tensions escalate

Escalating West Asia tensions post-US strikes on Iran may spike crude oil prices, impacting India’s energy imports and downstream sectors.…

June 22, 2025 18:39 IST

crude import bill, Crude oil, economy, US crude oil, oil, LNG, Cheniere Energy

Crude jumps 7% on Israel-Iran tension: 4 reasons why JPMorgan still bets on $60 target for 2025

Crude jumps on Israel-Iran tensions but JPMorgan expects prices to trade around $60/bbl in 2025 based on geopolitical and economic…

Updated: June 13, 2025 12:51 IST

DB Corp, Gujarat Pipavav, Chennai Petroleum Corporation, IOCL, Indian Oil

These 3 stocks paid dividends for 4 straight years — should you invest for passive income now?

In volatile markets, steady dividends offer stability. Over the past three years, select Indian companies have consistently paid dividends, making…

May 31, 2025 06:00 IST

India’s exports of petroleum products declined by 12.5% in volume terms. (Image Source: Reuters)

Petroleum exports volume down 12.5% in April, value plunges 35%

India’s petroleum product exports saw a 12.5% volume and 35% value decline in April 2025, primarily due to reduced HSD…

Updated: May 26, 2025 13:11 IST

petroleum, natural gas, LPG, PNG, crude oil, crude, government, economy,

Govt seeks first right to buy oil & gas under exigency clause

India’s draft petroleum rules grant the government pre-emption rights over all crude oil and gas during national emergencies, ensuring supply…

May 12, 2025 22:42 IST

Indian Oil, IOCL, fuel stocks, supply lines, India-Pak escalation, social media, panic buying, fuel, LPG

‘No need for panic buying’ on rising India-Pakistan tension, says IOCL; assures ample stock

IOCL said that it has ample fuel stocks across its outlets and its supply lines are operating smoothly.

Updated: May 9, 2025 11:55 IST

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Motilal Oswal picks HAL, Ashok Leyland, Kirloskar Oil Engines

3 ‘Buy’ recommendation by Motilal Oswal, with upto 32% upside

Nagaraju urges MFIs to keep interest rates reasonable

Business39 min ago

The Financial Services Secretary and NABARD Chairman emphasized the importance of microfinance institutions in promoting financial inclusion and women’s empowerment. They also stressed the need for reasonable interest rates and operational efficiency, while noting the easing stress in the MFI sector.

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