Reliance Industries clarified that a drop in its share price was unrelated to reports of Russian oil imports, stating it has not purchased any Russian crude for January delivery. Read the full details.
Reliance Industries stock faced its steepest fall since June after denying a Bloomberg report on Russian crude shipments to Jamnagar. The sell-off wiped over Rs 1 lakh crore from market cap.
PM Narendra Modi inaugurated HPC's Residue Upgradation Facility in Visakhapatnam, a Rs 2,790 crore project enhancing energy security and reducing imports. A major step for Aatmanirbhar Bharat.
Reliance Industries strongly refutes a media report claiming Russian oil shipments are heading to its Jamnagar refinery. The company calls the claims 'blatantly untrue'. Get the full story here.
Reliance Industries has strongly denied media reports claiming three vessels with Russian crude are heading to its Jamnagar refinery. The company stated it has not received such deliveries recently and expects none in January. Read the full story for deta
Ukraine launched drone strikes on Russia's Ilsky oil refinery, while both sides report attacks in Kherson. Read the latest updates on the escalating conflict.
The US has granted a temporary waiver on sanctions to Serbia's majority Russian-owned NIS oil company, allowing its crucial Pancevo refinery to restart. This move safeguards Serbia's energy security and thousands of jobs. Read the full details.
Rajasthan Cabinet approves a new policy to phase out polluting vehicles and an ethical AI framework. PM Modi may inaugurate the Barmer refinery in January. Key details inside.
HPCL-Mittal Energy Ltd announces a fresh Rs 2,600 crore investment in its Bathinda refinery for polypropylene downstream units and fine chemical projects, boosting Punjab's industrial hub.
Rajasthan's flagship Pachpadra crude oil refinery is in final stages, targeting a January launch. The project promises major investment and jobs. Read the latest updates.
HPCL LPG cylinder shortage in North India due to Bathinda refinery shutdown. Deliveries delayed up to 10 days. Officials promise normalcy by Dec 19. Read details.
HMEL Guru Gobind Singh Refinery partners with AIIMS Bathinda to launch mobile medical units & telemedicine, bringing doorstep healthcare to 1.5 lakh rural residents. Discover how this initiative transforms rural healthcare access.
SCCL and Altmin to build a 30,000 TPA battery-grade lithium refinery in Telangana by 2027, boosting India's EV and clean energy ambitions. Read more.
Iran's IRGC reveals its account of the 12-day June war, claiming intelligence dominance, Mossad casualties, and a missile strike on Haifa. Details inside.
Russia reports destroying a HIMARS system and 230 drones in massive strikes on Ukrainian defences near Pokrovsk. Ukraine retaliates with deep strikes on Russian oil refinery. Read the latest updates.
Russia launches massive strikes on Ukrainian infrastructure as Ukraine retaliates with drone attacks on Russian oil facilities and tankers. Latest escalation in ongoing conflict.
Serbia's only oil refinery could shut down within days if Washington doesn't renew OFAC license. President Vucic calls it 'blackmail' as fuel stocks dwindle.
Reliance Industries stops importing Russian crude for its export-focused refinery to comply with EU ban on Russian-origin petroleum products. RIL accounts for half of India's Russian oil imports.
Reliance Industries ceases Russian oil imports at export-focused refinery to comply with EU sanctions. Key market pressure forces strategic shift in crude sourcing.
Reliance Industries ceases Russian oil imports for its export-only refinery from November 20. All December exports will use non-Russian crude. Get the full story on this major energy shift.
India witnessed a dramatic 21% drop in fuel exports during October as domestic demand surged unexpectedly. Major refiners HPCL and Nayara Energy faced significant operational disruptions, reshaping the country's energy export landscape.
In a dramatic escalation of hostilities, Russia launched a massive 150-missile assault on Sumy while Ukraine retaliated with precision strikes on Russian oil infrastructure, marking one of the most intense exchanges in recent weeks.
A dramatic explosion rocked an oil refinery in Artesia, New Mexico, creating a massive plume of thick black smoke visible for miles. Emergency crews are responding to the industrial incident.
India's leading refiners Indian Oil and MRPL are actively diversifying oil sources, turning to international spot markets as Russian supplies face payment and shipping challenges. Industry sources reveal strategic moves to secure alternative crude.
In a significant strategic shift, Nayara Energy, part-owned by steel magnate Lakshmi Mittal, has stopped purchasing Russian crude oil. This move comes as Western sanctions tighten and payment complications escalate.
Oil India Limited and Bharat Petroleum Corporation Limited join forces to establish a groundbreaking greenfield refinery in Andhra Pradesh, marking a significant expansion in India's petroleum infrastructure.
Chennai Petroleum Corporation Limited adapts to sanctions by optimizing crude procurement and leveraging refinery flexibility to maintain operations and profitability.
Multiple Russian oil facilities erupt in flames amid suspected Ukrainian strikes. Putin rages as energy infrastructure burns while Zelensky faces internal criticism. Hungary and Romania also report explosions in developing international crisis.
India's eight core industries show robust 6.7% growth in December 2023, with steel production soaring 12.3% and electricity generation rising 8.4%. Discover how this momentum signals strong economic recovery.
Nigerian business magnate Aliko Dangote creates financial history by becoming the first African-born billionaire to reach a staggering $30.3 billion net worth, driven by Dangote Refinery success.