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PETROLEUM NEWS
100 acres of ‘encroachments’ demolished at Gujarat’s Kandla Port
December 08, 2025 3:56 pm
The demolition, centred around the Mitha Port area, was jointly carried out by Deendayal Port Authority (DPA) and Kutch (East) Police
US sanctions UAE-based Indian national, his four firms for over alleged involvement in Iran’s oil trade
April 12, 2025 10:06 pm
According to the US Department of the Treasury’s Office of Foreign Assets Control (OFAC), the Indian national—Jugwinder Singh Brar—owns multiple shipping companies that cumulatively have nearly 30 vessels, many of which operate as part of Iran’s “shadow fleet”.
Pipeline modernisation, strategic sourcing discussed at Petroleum and Natural Gas conclave in Gandhinagar
March 27, 2025 10:15 pm
Currently, India's natural gas production meets only 50% of its demand, which is expected to grow significantly by 2030-2040.
With natural gas demand set to rise, India’s oil & gas companies ink LNG import deals worth billions of dollars
February 15, 2025 10:43 pm
Deals include long-term contracts by public sector refiners Indian Oil Corporation and BPCL with the Adnoc, and Gujarat State Petroleum Corporation’s deal with French major TotalEnergies.
How Oilfields Amendment Bill aims to delink petroleum, mineral oil production from mining activities
December 05, 2024 4:06 pm
The Oilfields Bill aims to encourage domestic fuel production. Here is what its provisions say and why some parties, such as the DMK, have criticised it.
Trump's support of US oil & gas producers likely to have a bearish impact on petroleum prices
November 07, 2024 8:30 am
While it is too early to say how Trump’s second term as president will turn out to be for global oil markets, industry watchers expect the Trump administration's economic and energy policies to put limited downward pressure on oil prices.
Slowing petroleum exports drive India’s goods export lower by 9% in August; trade deficit widens to 10-month high of $30 billion
September 18, 2024 7:28 am
The World Trade Organisation (WTO) Goods Trade Barometer earlier this month said that global trade could improve in the second half of the year.
Is it safe to consume petroleum jelly? Expert weighs in
August 31, 2024 5:26 pm
Dr Prashant shared that petroleum jelly is commonly used in skin care, as it adds moisture to the skin.
Amid refinery maintenance season, petroleum product exports dip to 6-month low
October 30, 2023 10:51 am
As of October 29, India’s petroleum product exports in October stood at 1.15 million barrels per day (million bpd), the lowest since April’s 1.04 million bpd, as per Kpler data.
Nayara Energy exports drop 22% as domestic consumption rises
October 27, 2023 1:44 pm
Nayara Energy, which operates a 20 million tonne a year oil refinery at Vadinar in Gujarat, exported 4.57 million tonne of petroleum products including jet fuel, gasoil (diesel) and gasoline (petrol) between January-September 2023.
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