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2 mins read
Windfall tax on diesel export hiked to ₹1 per litre
The government has hiked the windfall profit tax on export of diesel to ₹1 per litre while the levy…
PTI
1 min read
Govt hikes windfall profit tax on export of diesel, ATF; raises tax on domestic crude oil
Govt hikes windfall profit tax on export of diesel, ATF; raises tax on domestic crude oil
PTI
2 mins read
Moody's downgrades Nayara Energy to Ba3 with negative outlook
Mumbai, Jan 31 () Moody's Investors Service on Friday downgraded the ratings of Nayara Energy to Ba…
PTI
1 min read
A Russian oil ship has been floating 1,600 miles off the shore of India for over a week as officials mull whether to let the sanctioned tanker dock
The NS Century has been drifting off the coasts of India for about 10 days, according to shipping d…
Jennifer Sor
2 mins read
Govt hikes windfall profit tax on crude oil, cuts levy on diesel exports
The government on Tuesday increased the windfall profit tax on crude oil produced in the country an…
PTI
1 min read
Russia pleads with India for help avoiding financial black list, warning oil and weapons deals are at risk, report says
An FATF blacklisting would put Moscow in the same category as North Korea, Iran, and Myanmar.
Filip De Mott
2 mins read
Top Indian refiners are using the UAE's currency instead of the US dollar to buy Russian crude, report says
"If you are asking me officially am I in the know of these payment channels, no, I'm not," India's …
Brian Evans
1 min read
India could import even more Russian oil under new agreement as state-run refiners look to load up on discounted crude
India may move to import more oil from Russia, Bloomberg reported Monday, with state-run producers …
Brian Evans
1 min read
Reliance Industries, ONGC, Vedanta and others slapped with windfall, export tax on petroleum
The government on Friday slapped an export tax on petrol, diesel and jet fuel (ATF) shipped oversea…
PTI
2 mins read
India might be used as a 'back door' for Russian oil, say media reports
Concerns are growing that India is being used as a potential back door into Europe for Russian oil …
2 mins read
Reliance cuts crude processing at Jamnagar SEZ refinery by 24 pc
In March 2020, the country's petroleum product consumption fell 17.79 per cent to 16.08 million to…
PTI
2 mins read
BPCL cooking gas customers will continue getting subsidy post privatisation but government will not reimburse the cost
Cooking gas customers may continue receiving subsidy into their bank accounts post privatisation of…
2 mins read
Oil refineries improve run rate; Reliance cuts crude processing for 3rd straight month
RIL refineries processed 5.312 million tonnes of crude oil in May, down 12.5 per cent over the…
PTI
2 mins read
Reliance plans to up aviation fuel stations by 50 pc
Air-passenger traffic in India rose 9 per cent even in February after the Indian carriers recouped…
PTI
2 mins read
Reliance outpaces industry in petrol, diesel sales from its outlets
New Delhi, Jan 19 () Reliance Industries Ltd (RIL) has outpaced industry in clocking double digit s…
PTI
3 mins read
Reliance-BP petrol pumps to dent PSU market share: Morgan Stanley
New Delhi, Dec 22 () India's biggest company Reliance Industries Ltd and UK's BP plc formalising pl…
PTI
4 mins read
Reliance to hive off $75 billion oil-to-chemicals business into separate unit for sale to Aramco
O2C undertaking of the company comprises entire oil-to-chemicals business of the company co…
PTI
2 mins read
India’s refiners will bypass US sanctions by paying for Iranian oil in rupees
As the US-led sanctions are set to take into effect in November, the Indian government has b…