Petroleum Products
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Oil Companies Losing Rs 1,600 Crore Daily. Will Rs 3 Petrol Hike Be Enough?
OMCs' production costs have "gone through the roof in the past month", Petroleum Minister Hardeep Singh Puri said last month after the governemnt cut central excise taxes to ease burdens.
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Iran War: China's Invisible Hand Is Rebalancing The Oil Market
Today, China has nearly 1.4 billion barrels in its reserves, well above the 400 million of the US and Japan's 260 million.
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In 22 Days, Iran Will Run Out Of Place To Store Oil It Produces. What's Next?
The looming storage crunch is threatening to accelerate production cuts in what was once the second-largest source of crude under the Organisation of Petroleum Exporting Countries (OPEC). P
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The Saudi-Pakistan Factor Behind UAE's Exit From OPEC
The UAE has also been frustrated with Pakistan, partly because of its deepening ties with Saudi Arabia, but also because of what it considers Islamabad's meek role as a mediator between the US and Iran.
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Iran War Impacted Diesel Prices Much More Than Gasoline. Here's Why
The United States is the biggest exporter of petroleum products, including diesel. But with a fifth of the world's oil supply choked off at Hormuz, even the US could not make up for the shortfall.
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From Plushies To Petroleum: How The Iran War Is Making Everything Costly
Petrochemicals derived from oil and natural gas go into making more than 6,000 consumer products, according to the US Department of Energy.
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Kuwait's Oil Refinery Units On Fire After Iranian Drone Attack
Refineries are key to Kuwait's oil production because without them, oil wells would have to be shut down for lack of a destination for the oil.
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PM Modi's Big Meet With Senior Ministers Over Fuel Amid Middle East Conflict
Prime Minister Narendra Modi on Sunday reviewed with senior ministers the situation related to crude, gas and other petroleum products, and power and fertiliser sectors in view of the evolving West Asia situation.
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Fuel Price Impact May Be Seen From April 1, Says Aviation Minister
Aviation Turbine Fuel is the refined petroleum product used to power aircraft and typically accounts for 35 to 45% of an airline's operating costs.
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US Pauses Sanctions On Iranian Oil At Sea Amid Soaring Prices
The authorization allows for the delivery and sale of Iranian crude oil and other petroleum products loaded onto ships before March 20, and will last through April 19, the US said.
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Essential Commodities Act Invoked To Ensure Uninterrupted LPG Supply
The Centre has invoked the Essential Commodities Act to guarantee an uninterrupted supply of domestic cooking gas. It has directed oil refineries and petrochemical units to increase production of liquefied petroleum gas to the maximum possible level.
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India Has Enough Fuel, Refineries Asked To Push Up LPG Production: Sources
There are sufficient stocks of crude oil and petroleum products such as petrol, diesel, and LPG. The oil companies are also importing from countries outside the Gulf region to cover the disruption in supplies due to the Iran war.
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"We Have Been Open To Supplying Crude Oil To India": Russian Envoy
Russia has always been open to supplying crude oil to India, Russian Ambassador Denis Alipov said on Thursday, amid increasing concerns over spiralling prices of petroleum products in view of the West Asia crisis.
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Taiwan Now Biggest Importer Of This Crude Oil Product From Russia, India Is Second
Taiwan, the United States' most effective bulwark in Asia against Chinese diplomatic and military pressure, has become the world's biggest importer of Russian naphtha, a petroleum derivative used in the semiconductor industry.
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6 Indian Companies Sanctioned By US Over Iran Petroleum Purchases
The US Department of State Wednesday announced sanctions on 20 entities, including six from India, for trading with Iran.
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Oil Companies Losing Rs 1,600 Crore Daily. Will Rs 3 Petrol Hike Be Enough?
OMCs' production costs have "gone through the roof in the past month", Petroleum Minister Hardeep Singh Puri said last month after the governemnt cut central excise taxes to ease burdens.
-
Iran War: China's Invisible Hand Is Rebalancing The Oil Market
Today, China has nearly 1.4 billion barrels in its reserves, well above the 400 million of the US and Japan's 260 million.
-
In 22 Days, Iran Will Run Out Of Place To Store Oil It Produces. What's Next?
The looming storage crunch is threatening to accelerate production cuts in what was once the second-largest source of crude under the Organisation of Petroleum Exporting Countries (OPEC). P
-
The Saudi-Pakistan Factor Behind UAE's Exit From OPEC
The UAE has also been frustrated with Pakistan, partly because of its deepening ties with Saudi Arabia, but also because of what it considers Islamabad's meek role as a mediator between the US and Iran.
-
Iran War Impacted Diesel Prices Much More Than Gasoline. Here's Why
The United States is the biggest exporter of petroleum products, including diesel. But with a fifth of the world's oil supply choked off at Hormuz, even the US could not make up for the shortfall.
-
From Plushies To Petroleum: How The Iran War Is Making Everything Costly
Petrochemicals derived from oil and natural gas go into making more than 6,000 consumer products, according to the US Department of Energy.
-
Kuwait's Oil Refinery Units On Fire After Iranian Drone Attack
Refineries are key to Kuwait's oil production because without them, oil wells would have to be shut down for lack of a destination for the oil.
-
PM Modi's Big Meet With Senior Ministers Over Fuel Amid Middle East Conflict
Prime Minister Narendra Modi on Sunday reviewed with senior ministers the situation related to crude, gas and other petroleum products, and power and fertiliser sectors in view of the evolving West Asia situation.
-
Fuel Price Impact May Be Seen From April 1, Says Aviation Minister
Aviation Turbine Fuel is the refined petroleum product used to power aircraft and typically accounts for 35 to 45% of an airline's operating costs.
-
US Pauses Sanctions On Iranian Oil At Sea Amid Soaring Prices
The authorization allows for the delivery and sale of Iranian crude oil and other petroleum products loaded onto ships before March 20, and will last through April 19, the US said.
-
Essential Commodities Act Invoked To Ensure Uninterrupted LPG Supply
The Centre has invoked the Essential Commodities Act to guarantee an uninterrupted supply of domestic cooking gas. It has directed oil refineries and petrochemical units to increase production of liquefied petroleum gas to the maximum possible level.
-
India Has Enough Fuel, Refineries Asked To Push Up LPG Production: Sources
There are sufficient stocks of crude oil and petroleum products such as petrol, diesel, and LPG. The oil companies are also importing from countries outside the Gulf region to cover the disruption in supplies due to the Iran war.
-
"We Have Been Open To Supplying Crude Oil To India": Russian Envoy
Russia has always been open to supplying crude oil to India, Russian Ambassador Denis Alipov said on Thursday, amid increasing concerns over spiralling prices of petroleum products in view of the West Asia crisis.
-
Taiwan Now Biggest Importer Of This Crude Oil Product From Russia, India Is Second
Taiwan, the United States' most effective bulwark in Asia against Chinese diplomatic and military pressure, has become the world's biggest importer of Russian naphtha, a petroleum derivative used in the semiconductor industry.
-
6 Indian Companies Sanctioned By US Over Iran Petroleum Purchases
The US Department of State Wednesday announced sanctions on 20 entities, including six from India, for trading with Iran.
