Shubhangi Mathur

India's ethanol blending drive backed by science: Brazil trade minister

Brazil's trade minister says India's ethanol blending programme is based on scientific research, while highlighting opportunities to expand crude oil exports and biofuel cooperation

India needs to boost strategic storage capacity: BP India head Dube

BP India Chairman Kartikeya Dube says India should expand strategic reserves, diversify energy sources and increase domestic oil and gas production to enhance energy security

ONGC Q1 results: Net profit jumps 112% to ₹17,034 cr, revenue up 45.2%

The upstream company's revenue from operations rose 45.2 per cent YoY to Rs 46,460 crore in Q1

OMCs regularly monitoring fuel quality at retail outlets, says govt

The government said only two cases of chloride contamination were found in the entire country

L&T secures 'ultra-mega' order worth over ₹15,000 crore from ADNOC

To execute EPCIC of offshore facilities, besides upgrading the existing ones

Indian Oil to invest ₹1 trillion in petrochemicals over next 5 years

The state-run refiner plans to raise petrochemical intensity to 16% while expanding renewables, pipelines, green hydrogen and sustainable aviation fuel capacity.

Govt raises windfall tax on petrol, diesel, ATF exports from August

Special additional excise duty on exports of petrol, diesel and aviation turbine fuel has been increased, while domestic excise duty rates remain unchanged.

Essar to invest $5.8 billion in UK energy transition projects by 2035

The group plans to invest £4.3 billion in low-carbon projects, including the Stanlow energy transition hub, while expanding its UK fuel retail network and exploring data centres

GRSE wins ₹1,032 crore ONGC order for four platform supply vessels

The state-run shipbuilder will design and construct four hybrid-propulsion platform supply vessels for ONGC to support offshore exploration and production activities.

Indian Oil posts ₹1,140 crore Q1 loss amid elevated energy prices

State-run oil major says it has secured crude supplies until late September despite West Asia disruptions, while LPG under-recoveries continued to weigh on earnings

LPG imports from US hit record high in July amid West Asia disruption

The US accounted for over 73 per cent of India's LPG imports in July as supplies from Gulf producers remained constrained amid the West Asia conflict

Mentioning ethanol levels not 'considered necessary' on receipts: Gadkari

Road Transport Minister says E20 is the only petrol sold at retail outlets nationwide, making separate display of ethanol blending levels unnecessary

100-octane premium petrol sales double amid E20 vehicle damage concerns

Demand for 100-octane petrol has surged, particularly in Delhi, as social media claims over E20-related vehicle damage prompt more motorists to switch fuels

L&T bags major EPC order from Kuwait Oil Company for export facilities

Contract covers crude oil storage tanks, pipelines and upgrades to Kuwait's export network under the Jurassic Light Oil infrastructure project

Bharat Petroleum may increase fuel prices if crude stays at current levels

The state-run refiner is also exploring long-term crude supply deals with the US and other countries as it seeks to manage supply disruptions and rising energy costs

BPCL, HPCL post Q1 losses amid crude oil spike, weak fuel margins

State-run oil refiners reported quarterly losses as higher crude oil prices, weak fuel marketing margins and LPG under-recoveries weighed on earnings

Q1 results preview: West Asia war may weigh on state-run OMCs' margins

Higher crude prices, a weaker rupee, elevated insurance costs and delayed fuel price hikes are expected to weigh on the June-quarter earnings of state-run oil marketing companies

India's crude oil import bill rose 48% to $14.7 billion in June

India's crude oil import bill climbed to $14.7 billion in June as elevated global crude prices amid supply disruptions outweighed a decline in import volumes

Iran's Red Sea threat likely to deepen energy supply risks for India

A closure of the Bab el-Mandeb Strait could disrupt Saudi crude shipments, forcing India to rely more on alternative suppliers and increasing risks to LPG supplies

India at risk of 100% US tariff for purchases of Russian crude oil

A revised bipartisan US Senate bill proposes a 100 per cent tariff on imports from the five largest buyers of Russian oil and gas, including India, while allowing presidential waivers