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SECTOR | 26 Aug 2025

VOC Port records 40 per cent growth in LPG handling in April-July 2025

Business Line

To further enhance its capacity, the Port is upgrading the facility by constructing new berthing dolphins within the existing structure, enabling it to handle vessels up to 55,000 DWT

Indian Refiners, OMCs To Ease Russian Crude Oil Purchases On US Tariff Pressure

NDTV Profit | 26 Aug 2025 1 more

Oil and Gas

SECTOR | 24 Aug 2025

'Fuel efficiency may decline by 2-5% due to 20% ethanol-blended petrol'

Business Standard

The usage of 20 per cent ethanol-blended petrol in vehicles could lead to a 2-5 per cent drop in fuel efficiency, depending on the type of cars, according to automotive industry experts. In the midst of social media debate over the impact of E20 fuel on vehicles, automotive engineers working with some of the major automakers, whom PTI spoke to, said that in older vehicles, which are not E20 compliant, there could be erosion of gaskets, fuel rubber hoses and pipes in the long term, but not immediately. "There can be a drop in mileage ranging from 2-5 per cent, depending on the type of vehicle. This is purely because of the lower calorific value of ethanol compared to petrol," said an expert requesting anonymity. Earlier this month, the Oil Ministry clarified that "the critiques suggest that E20 causes a 'drastic' reduction in fuel efficiency are misplaced". However, it did not state the percentage drop in fuel efficiency. "The efficiency drop (if any) in E10 vehicles has been margin

Oil and Gas

SECTOR | 23 Aug 2025

Punjab CM Announces Rs 2 Lakh Aid For Kin Of Hoshiarpur LPG Tanker Blast Victims

NDTV Profit

Police said the blaze spread rapidly and engulfed nearly 15 shops and four to five residential houses in the vicinity of the Mandiala Adda area.

2 killed, several injured as LPG tanker catches fire in Punjab's Hoshiarpur

Business Standard | 23 Aug 2025

Oil and Gas

SECTOR | 20 Aug 2025

India's State-Run Refiners Ramp Up Russian Oil Buying Despite US Criticism

NDTV Profit

Earlier this month, state refiners paused buying of Urals after President Donald Trump singled out India's role in the Russian oil trade, threatening economic penalties.

Oil and Gas

SECTOR | 19 Aug 2025

China Refiners Grab Russian Oil As Trump Menaces Flows To India

NDTV Profit

At present, at least two tankers carrying Urals each with capacity of 1 million barrels are waiting off China's coast, with more expected in coming weeks.

Oil and Gas

SECTOR | 19 Aug 2025

Short-term bets on oil risky amid geopolitical uncertainty: Vandana Hari

Economic Times

Oil markets are in a holding pattern due to uncertainty surrounding the Russia-Ukraine war and potential shifts in Western sanctions. The focus has shifted from a quick ceasefire to a longer-term resolution of territorial disputes and security guarantees. Market participants are adopting a wait-and-see approach, as the path to a resolution is expected to be lengthy and complex.

Oil and Gas

SECTOR | 16 Aug 2025

Oil markets steady as Trump, Putin target full Ukraine peace deal

Business Standard

Trump said he had agreed with Putin that negotiators should go straight to a peace settlement - not via a ceasefire, as Ukraine and European allies, until now with U.S. support, have been demanding