'OMCs are incurring losses of Rs 1,000 crore per day due to the West Asia crisis.'

Infrastructure major Larsen & Toubro (L&T) reported a 3 per cent year-on-year decline...

'Historically, India has depended on the Middle Eastern Gulf for nearly 90 per cent of...

Indian refiners are recalibrating their crude sourcing strategy due to supply...

India's state-run oil marketing companies (OMCs) are projected to incur...

The Indian government is actively developing a policy for flex-fuel vehicle adoption...

'The West Asia or the Gulf crisis has shown that what we develop as national...

Indian companies, however, are now paying a premium of $6-$7 a barrel for Russian oil,...

India's net oil import bill could rise by $56 billion to $64 billion annually assuming...

24 Indian-flagged vessels with 677 Indian seafarers were currently located west of the...

If the conflict continues for a prolonged period, State-run oil companies may have to...

India is well-stocked with inventories of crude oil and key petroleum products,...

Of the 1.32 trillion capex target for FY26, State-run oil firms have already spent 1.07...

Private-sector oil refiner Reliance Industries Limited (RIL) last week received a...

India could save $1 billion in crude oil imports annually if the country switches 10...

State-owned Bharat Petroleum Corporation Ltd (BPCL) is willing to dilute a 30-40 per...

India's decision to import LPG from the US helps it to diversify sources as it reduces...

In a first, Indian oil public sector undertakings (PSUs) finalised a one-year contract...

India offset the decline in exports to traditional destinations by sharply ramping up...

After a three-month slowdown, India's oil imports (already landed) from Russia bounced...