Saudi Aramco has lowered its crude oil prices for December deliveries to Asia. This move offers a welcome opportunity for […]
Russian oil discounts said to widen as Indian and Chinese refiners cut purchases
Russian oil faces significant price drops in Asia. Major Indian and Chinese buyers are cutting back on purchases. This follows […]
Vedanta signs pact with Tamil Nadu discom for supply of power
Vedanta Limited has signed an agreement with Tamil Nadu Power Distribution Corporation Limited. The pact is for supplying 500 MW […]
Vedanta signs pact with Tamil Nadu discom for supply of power
Vedanta Limited has signed an agreement with Tamil Nadu Power Distribution Corporation Limited. The pact is for supplying 500 MW […]
Mukesh Ambani’s Reliance trying to re-sell Middle Eastern crude in rare move
Why Reliance Industries Selling Middle Eastern Oil Cargoes: Reliance Industries, a major Indian refiner, is now selling Middle Eastern oil […]
Oil tankers get ‘dirty’, ditching fuels for crude as rates boom
Tanker ships are shifting from carrying refined products to crude oil. This change is driven by increased freight rates for […]
HPCL defers carveout of lubricants business, to focus on reducing debt
Hindustan Petroleum Corporation Ltd has put lubricant business demerger plans on hold. The company is prioritizing debt reduction and strengthening […]
Q2FY26 profits surge for PSU refiners despite cutting down on Russian crude
State-run refiners’ profits surged 457% in Q2 despite a 40% drop in Russian crude imports. Earnings were driven by lower […]
Tata Power to invest Rs 11,000 crore in Pune pumped hydro project
Tata Power is setting the wheels in motion for a significant pumped hydro storage venture in Shirawta, Pune, with a […]
Tata Power to invest Rs 11,000 crore in Pune pumped hydro project
Tata Power is setting the wheels in motion for a significant pumped hydro storage venture in Shirawta, Pune, with a […]