India's $59 Billion Trade Deficit with Russia Needs Balancing: Goyal
Commerce Minister Piyush Goyal calls for diversifying trade with Russia to address a skewed $59 billion deficit. Explore the details and future steps for bilateral trade balance.
Category : Search result: petroleum refining
Govt: E20 Fuel No Risk to Vehicle Performance
The Indian government has clarified that E20 fuel does not compromise vehicle durability or efficiency, addressing public concerns. Learn the facts about ethanol blending.
Russian Popeye Risks Losing Both Arms After Oil Injections
Kirill Tereshin, known as Russian Popeye, faces possible amputation of both arms after years of injecting petroleum jelly. Read his shocking body modification journey.
Elliott Wins $5.89B Citgo Auction in Venezuela Asset Sale
Amber Energy, an Elliott Investment Management affiliate, wins court-ordered auction for Citgo Petroleum parent company. $5.89 billion deal marks crucial step in Venezuela's foreign asset resolution.
Indian Oil Companies to Post 50% Profit Growth in FY26
Indian oil marketing companies projected to achieve over 50% operating profit growth in FY26, reaching $18-20 per barrel. Strong marketing margins drive earnings despite global volatility. #OilIndustry #IndiaEconomy
US Sanctions Indian Firms for Iran Oil Trade
US imposes sanctions on TR6 Petro India and other entities for trading Iranian oil, citing terror funding concerns. Full details on the crackdown.
India Inks Deal for 2.2 Million Tonnes US LPG Imports
India secures 2.2 million tonnes of LPG from US suppliers in one-year agreement, strengthening energy ties and ensuring stable cooking gas supply for consumers nationwide.
Pakistan Petrol Price Unchanged, Diesel Up by PKR 6
Pakistan government maintains petrol price at PKR 265.45 per litre while increasing diesel by PKR 6. New rates effective until October 31. Impact on inflation analyzed.
Vedanta Demerger: NCLT Reserves Order After Govt Objection
NCLT Mumbai reserves order on Vedanta's proposed demerger after Petroleum Ministry raises concerns over financial risks and asset misrepresentation. Key details inside.
India Refills Strategic Oil Reserves as Prices Drop
India initiates refilling its strategic petroleum reserves as global crude prices hover near multi-month lows, securing energy supplies ahead of expected price surges.
India's Fuel Exports Plunge 21% in October
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.
5 Dividend Stocks Ex-Date Tomorrow: HPCL, TD Power
Five prominent Indian companies including Hindustan Petroleum and TD Power Systems will trade ex-dividend tomorrow. Get complete details on dividend amounts, record dates, and what this means for investors seeking passive income opportunities.
India's Russian oil imports plunge after US sanctions
India's Russian oil imports dropped by 16% in December 2023 as US sanctions disrupted payment mechanisms, forcing refiners to seek alternatives from Middle East suppliers.
China rapidly fills oil reserves amid price slump
China is rapidly filling its strategic petroleum reserves as global oil prices hit multi-month lows, raising questions about Beijing's energy strategy and market impact. Discover what this means for global energy markets.
BPCL Q2 Profit Soars 168%, Declares ₹75 Dividend
Maharatna PSU Bharat Petroleum Corporation Limited delivers blockbuster Q2 performance with massive profit surge and generous interim dividend payout to shareholders.
Indian Oil Buys Russian Crude from Non-Sanctioned Entities
India's largest oil company continues Russian crude purchases through non-sanctioned traders, navigating Western pressure while securing energy needs.
India's Energy Export Boom: Russian Demand Fuels Growth
India's refined petroleum exports surge as Russian demand creates unprecedented opportunities. Discover how Indian refiners are expanding globally while navigating new trade dynamics.
HPCL Q2 Profit Soars 6x, Refining Margins Jump to $8.80/bbl
Hindustan Petroleum Corporation Limited reports stellar Q2 performance with refining margins climbing to $8.80 per barrel, driving massive profit growth and robust operational performance.
Gannon Scott Signs Definitive Agreement with Metalor Technologies
In a significant move reshaping the precious metals landscape, Gannon Scott Group announces definitive agreement to join Metalor Technologies International, creating an industry powerhouse with enhanced global capabilities.
Sinopec Profits Drop 33% on Oil Slump, Weak Fuel Sales
China Petroleum & Chemical Corporation (Sinopec) reports staggering 33% profit drop in first nine months of 2023 as lower crude prices and sluggish fuel sales impact earnings. Detailed analysis inside.
India's Oil Consumption to Reach 6 Million Barrels Daily
India's crude oil consumption is set to reach 6 million barrels per day as economic growth accelerates. Union Minister Hardeep Singh Puri reveals ambitious energy targets and strategic plans to meet rising demand.
BPCL Kicks Off Vigilance Awareness Week 2025
Bharat Petroleum launches Vigilance Awareness Week 2025 with theme 'Integrity: The Foundation of Good Governance,' featuring employee pledges, workshops, and integrity campaigns across all locations.
India Emerges as Global Energy Hub: Refining Capacity Soars
India is rapidly transforming into a major global refining and energy hub, with refining capacity set to skyrocket from 254 MMTPA to over 450 MMTPA, creating massive economic opportunities.
India's Oil Security: Puri Guarantees Stable Crude Supply
Union Minister Hardeep Singh Puri assures uninterrupted crude oil flow despite global disruptions. India's refining capacity soars to 275 MMTPA, with ethanol blending hitting 12% target ahead of schedule.
India's US Oil Imports Hit 3-Year High at 540K BPD
India dramatically increases US crude oil imports to 540,000 barrels per day, hitting a 3-year peak as global energy dynamics shift. Discover how changing economics and geopolitical factors are transforming India's oil import strategy.
Oil India & BPCL Partner for Andhra Refinery Project
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.
Indian Oil to Continue Russian Crude Purchases: Executive
India's largest oil company confirms it will continue purchasing Russian crude despite international sanctions, prioritizing national energy security and economic benefits.
CPCL navigates Russian oil sanctions with crude flexibility
Chennai Petroleum Corporation Limited adapts to sanctions by optimizing crude procurement and leveraging refinery flexibility to maintain operations and profitability.
CPCL Posts ₹732Cr Q2 Profit in Major Turnaround
Chennai Petroleum Corporation Limited (CPCL) makes a stunning recovery in Q2 FY24, swinging from a ₹1,293 crore loss to a massive ₹732 crore profit. Revenue surges 21% as refinery operations hit peak efficiency.
IndianOil Q2 Profit Soars 140% on Strong Margins
IndianOil Corporation reports stellar Q2 performance with net profit skyrocketing to ₹12,967 crore, driven by robust refining margins and strategic operations.
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