The cess applies only to crude produced from nomination and pre-NELP blocks.The oil and gas industry has sought abolition or…
Browsing: Oil & Stock Correlation
Rising tensions in Iran had pushed Brent crude price to $66 per barrel.Political instability in Iran, a major oil producer,…
The pressure has pushed India’s refining sector to reduce dependence on discounted Russian feedstock. India’s buying of Russian crude is…
Oil major BP expects significant impairments. The company is shifting focus back to oil and gas. This move aims to…
A S Sahney, Chairman, IndianOil.Indian Oil Corporation (IOC) is aiming to strengthen its non-fuel business and targeting an increase in…
The company’s EBITDA for the quarter stood at ₹2,824 croreState-owned Mangalore Refinery and Petrochemicals Limited (MRPL) on Wednesday reported a…
The year also saw a $100 million refinery turnaround Essar Energy Transition reported record domestic fuel sales in 2025 at…
Brent crude was trading 1.04 per cent lower at $64.81 per barrel in futures trade.The rupee pared initial gains and…
The histories and geographical spread of the 26 tankers that have recently switched flags illustrates the growing risks.The dark fleet…
Data indicates a significant rise in average consumption, which has increased from 3 cylinders to 4.85 cylinders per family.India’s Union…