

Iran is racing to court some of Asia's largest oil buyers as a 60-day U.S. sanctions waiver takes effect.

India’s government has asked state-owned Oil and Natural Gas Corp (ONGC) to build and fill a new site for strategic petroleum reserves, with an estimated investment of $1.6 billion, local outlet the Economic Times reported on Friday, quoting sources with know…

India’s fuel prices will remain elevated for some time despite the declining international crude prices, according to India’s Union Minister of State for Petroleum and Natural Gas, Suresh Gopi. Indian drivers will not see immediate relief at the pump as fuel …


Indian state refiners raised their retail prices for gasoline and diesel by the equivalent of $0.031 per liter on May 15, the first such increase in four years, according to Bloomberg as reported by OilPrice.com. The hike, which amounts to over 3%, was implem…
India Business News: NEW DELHI: State-owned Bharat Petroleum Corporation (BPCL) reported a flat net profit in Q4FY26 after taking an impairment loss of Rs 4,349 crore on i.

ADNOC signed agreements with state-owned Indian Strategic Petroleum Reserves and Indian Oil to support Indian energy security and pursue energy trading collaboration.

Puri pointed out that India currently holds around 60 days of crude oil supplies, 60 days of LNG inventories and 45 days of LPG reserves

Puri pointed out that India currently holds around 60 days of crude oil supplies, 60 days of LNG inventories and 45 days of LPG reserves
Prime Minister Narendra Modi called for careful use of petrol, gas, and diesel. He stressed that using imported petro products only as needed will save foreign exchange and lessen war impacts. India is also advancing in solar power and ethanol blending. The P…