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Browsing: Oil & Stock Correlation
The tender will close on Friday, the source added.State-run refiner Indian Oil has invited initial bids for 24 million barrels…
Revenue from operations also increased about 2%.State-owned refiner Hindustan Petroleum (HPCL)’s profit after tax in the second quarter rose twenty-seven…
India Secures Extended Sanctions Waiver for Chabahar Port, Enhancing Afghanistan Connectivity, ETEnergyworld
The Taliban regime is also keen on effective utilisation of the Chabahar Port for its global outreach.India has secured an…
Green Fuels to Drive 25% Emissions Cuts in Asia Pacific by 2050, Report Reveals, ETEnergyworld
The report warned that uncertainty over incentives and regulatory mechanisms has slowed investment in hydrogen and its derivatives.New Delhi: Green…
Mittal-HPCL Joint Venture Stops Russian Oil Purchases Amid Sanctions Crisis, ETEnergyworld
Refiner says it follows due-diligence norms; can’t verify FT report on sanctioned vesselsHMEL – steel magnate Lakshmi Mittal’s refinery joint…
MRPL, which on average buys 3 million barrels of Russian oil per month, has enough oil to cover processing needs…
Indian Oil Partners with Vitol for Strategic Joint Venture in Global Trading, ETEnergyworld
The joint venture will initially operate for 5 to 7 years, adding that an exit clause will be included for…
The process produces marine fuel, gasoline, and sustainable aviation fuel (SAF) from biomass sources such as wood chips and crop…
Moscow-headquartered Lukoil accounts for around 2% of global oil output.The CEO of Saudi state oil giant Aramco said on Tuesday…
India-Bound Tanker with Russian Crude Makes Shock U-Turn Amid US Sanctions, ETEnergyworld
This move signals potential disruption in oil trade between India and Russia. An India-bound tanker filled with Russian crude reversed…