refining

April 09, New Delhi - India's Union Cabinet approved on Wednesday a revision in the project cost of the HPCL Rajasthan Refinery Limited (HRRL) project in Rajasthan, along with additional equity investment by Hindustan Petroleum Corporation Limited.The Cabinet approved an 84% increase in the...

Petroleum and Natural Gas Minister Hardeep Singh Puri stated that news reports and social media posts claiming that an Iranian crude cargo was diverted from Vadinar, India, to China due to payment issues are factually incorrect. In a social media post, Mr. Puri stated that amid disruptions in...

New Delhi, April 3 A tanker sanctioned by the US, carrying Iranian crude oil, has rerouted mid-voyage from its previously indicated destination of India – where it would have marked the first such shipment in nearly seven years – to China.The Aframax tanker Ping Shun, built in 2002 and...

New Delhi, April 3 Vedanta group firm HZL has reported an increase in the production of mined metal and refined metal, but a slight decrease in silver production in the fourth quarter of FY26.The company's mined metal production increased by two per cent to 3,15,000 tonnes and its refined...

New Delhi, March 31 India's first shipment of Iranian crude oil since 2019 may be heading towards a port in Gujarat, according to ship tracking data.Indian refiners have been looking to purchase a few cargoes of Iranian oil following the recent sanctions waiver by Washington."The...

New Delhi, March 26 India has approximately 60 days of fuel stock cover, the government said on Thursday, adding that there is no shortage of petrol, diesel, or LPG, as it dismissed reports of shortages as a "deliberate misinformation campaign" aimed at triggering panic buying.The Ministry of...

New Delhi, March 23 India will consider resuming the purchase of Iranian oil based on techno-commercial feasibility, a senior government official said after Washington temporarily lifted sanctions to ease pressure on prices following the US-Israeli war on Iran.Historically, India was a major...

March 20, New Delhi — Prices for oil and fuel cargoes have surged to record highs as supplies from the West Asia region remain severely restricted on the 21st day of the Iran war.Rising oil prices in physical markets—the trading hubs for oil transported by ships, rail cars, or stored in...

New Delhi, March 19 The government has classified energy data as a matter of national security, mandating all entities across the oil and gas value chain to provide detailed operational information.The Oil Ministry's Petroleum and Natural Gas (Furnishing of Information) Order, 2026 requires...

Chandigarh, March 17 The Haryana government will soon introduce a green hydrogen policy to promote clean energy in the state, officials said on Tuesday.Alongside, India's first mega Green Hydrogen project with a capacity of 10,000 tonnes per annum (TPA) is being established at Panipat under a...

New Delhi, March 11 India is one of the largest consumers and refiners of crude oil, and it is essential for New Delhi and Washington to work "hand-in-hand" to ensure the stability of the energy market, US Ambassador Sergio Gor said on Wednesday.His conciliatory gesture came as the Congress...

U.S. Ambassador to India, Sergio Gor, today praised India's role in maintaining stable oil prices globally. In a social media post, Mr. Gor stated that the United States recognizes that ongoing purchases of Russian oil are part of this effort. He added that India is one of the largest consumers...

New York/Washington, March 11 The US has "temporarily permitted" India to "accept" Russian oil already on ships, aiming to ensure energy supplies amid the conflict with Iran. According to a top White House official, this move underscores that America's allies in India are "reliable partners"...

Washington/New Delhi, March 11 Billionaire Mukesh Ambani's Reliance Industries will partner in building the first new oil refinery in the US in 50 years, US President Donald Trump said, calling it the "biggest in US history".The new refinery will be located in Brownsville, Texas, and will be...

New Delhi, March 11 – The Congress criticized the BJP-led government on Wednesday, stating that the US has "temporarily allowed" India to "accept" Russian oil, and that this was a "concession" to Prime Minister Narendra Modi.The opposition party's criticism came after White House Press...

New York/Washington, March 11 The US has "temporarily permitted" India to "accept" Russian oil already on ships in the sea to ensure energy supplies amid the conflict with Iran. This short-term measure will not provide significant financial benefit to Moscow, White House Press Secretary Karoline...

New Delhi, March 8 The Delhi High Court will next week hear Nayara Energy's lawsuit against SAP India, a subsidiary of the German software company, over the suspension of critical software services that are essential to its operations.Nayara had approached the Delhi High Court in September...

New Delhi, March 7 As India explores alternative sources to further strengthen its energy security, countries like Australia, Canada, and several others have offered additional gas supplies, official sources said on Saturday.Citing the ongoing US-Iran conflict, which has led to the closure of...

New Delhi, March 7 The Congress on Saturday strongly criticized the Modi government over US officials' remarks on India's purchase of Russian oil, accusing it of being "cowardly and compromised."The opposition party's statement came after the US said it had given "permission" to India to buy...

The US has given India permission to purchase Russian oil that is currently on ships in waterways, aiming to ease supply shortages globally amid the West Asia conflict."The world has ample oil supplies. Yesterday, the Treasury Department authorized our allies in India to begin buying Russian...