Indian BPCL and Japan's Taiyo Oil buy US crude via tenders, sources say Published 09 Jul, 2026 06:15pm Taiyo Oil bought 2 million barrels of U.S. crude for delivery in early October
India hikes fuel prices for second time in a week Published 19 May, 2026 08:01am The price of petrol rose to 98.64 rupees a litre from 97.77 rupees while that of diesel went to 91.58 rupees a litre from 90.67 rupees
India has no plans for financial support for fuel retailers, official says Published 04 May, 2026 07:12pm Companies raise prices for some industrial, bulk customers
India looks to turn LPG import crisis into push for piped gas Published 02 Apr, 2026 11:06am India is the world’s No. 2 importer of LPG, meeting about 60% of its needs with overseas purchases
India cuts excise duties on petrol, diesel as global oil prices surge Published 27 Mar, 2026 11:23am Global oil prices have surged past $100 per barrel after the near closure of the Strait of Hormuz
India says state-run BPCL to sign $780 million oil deal with Brazil’s Petrobras Published 23 Jan, 2026 05:44pm The deal between the Indian state-run refiner and Brazil’s national oil company will be signed next week
India’s January Russian oil imports may fall sharply as Reliance expects no deliveries Published 06 Jan, 2026 12:41pm The two countries are currently negotiating a potential trade deal in talks that have been fraught at times
Russia’s Putin seeks to boost energy, defence exports with India visit Published 02 Dec, 2025 11:34am They are also in talks to expand their partnership in civilian nuclear energy, Indian analysts have said
BPCL, Oil India to build $11 billion refinery, petchem complex in southern state Published 28 Oct, 2025 04:38pm HYDERABAD: Indian state-run firm Bharat Petroleum Corp and explorer Oil India will jointly build a 1-trillion-rupee...
Indian refiners review Russian oil contracts after US sanctions, source says Published 23 Oct, 2025 09:44am NEW DELHI: Indian state refiners are reviewing their Russian oil trade documents to ensure no supply will be coming...
India’s BPCL buys Middle East grades to replace Russian shortfall Published 30 Dec, 2024 12:12pm NEW DELHI: State-run Indian refiner Bharat Petroleum Corp is buying Middle Eastern crude to make up for less supply...
Russia price caps spur India interest in naphtha, fuel oil, but not diesel Published 15 Feb, 2023 10:11am NEW DELHI: More Indian firms are attracted to buying Russian naphtha as low-cost feedstock for their refineries and...
India’s BPCL signs MoU with Petrobras to diversify oil sourcing Published 24 Sep, 2022 03:57pm NEW DELHI: India’s state-run Bharat Petroleum Corp said it had signed a preliminary agreement with Brazil’s national...
Indian Oil posts first loss in over 2 years as marketing margins fall Published 29 Jul, 2022 05:00pm BENGALURU: Indian Oil Corp Ltd on Friday reported a quarterly net loss for the first time in more than two years, as...
Russia has no extra oil to sign deals with two Indian buyers Published 08 Jun, 2022 08:12pm NEW DELHI: Russia's Rosneft is holding back on signing new crude oil deals with two Indian state refiners, three...
India keen to boost oil imports from Brazil Published 22 Apr, 2022 05:36am NEW DELHI: India, the world’s third biggest oil importer and consumer, is looking at boosting oil purchases from...