refining
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Korea's Oil Strategy Amid Strait of Hormuz Disruptions
Seoul, April 7 – South Korea has secured an additional 60 million barrels of alternative oil supplies for May, which will replace supplies from the Middle East that have been disrupted due to the effective closure of the Strait of Hormuz, the government said on Tuesday.The country has secured... - H
Factually Incorrect: India's Oil Imports
New Delhi, April 4 – The government on Saturday dismissed reports and social media claims that an Iranian crude oil cargo was diverted from Vadinar in India to China due to payment issues, calling them “factually incorrect” and misleading.The Ministry of Petroleum and Natural Gas has clarified... - H
Oil Trade Shift: Tanker Changes Destination Amid Payment Concerns
New Delhi, April 3 A tanker sanctioned by the US, carrying Iranian crude oil, has rerouted mid-voyage from its previously indicated destination of India – where it would have marked the first such shipment in nearly seven years – to China.The Aframax tanker Ping Shun, built in 2002 and... - H
HZL Reports Production Gains, Silver Output Slight Dip
New Delhi, April 3 Vedanta group firm HZL has reported an increase in the production of mined metal and refined metal, but a slight decrease in silver production in the fourth quarter of FY26.The company's mined metal production increased by two per cent to 3,15,000 tonnes and its refined... - H
India's Fuel Stocks Remain Strong Amid Global Uncertainty
India Fuel Supply Update: No Shortage of Petrol, Diesel, LPG; Government Dismisses Lockdown Rumors India Maintains Adequate Fuel Stocks Amid West Asia Crisis New Delhi, March 27: India currently holds sufficient stocks of petrol, diesel, and LPG to last at least two months under normal... - H
India's Fuel Reserves: 60 Days of Stock Cover Confirmed
New Delhi, March 26 India has approximately 60 days of fuel stock cover, the government said on Thursday, adding that there is no shortage of petrol, diesel, or LPG, as it dismissed reports of shortages as a "deliberate misinformation campaign" aimed at triggering panic buying.The Ministry of... - H
Oil Prices Rise Amid Iran Conflict – India's Potential Re-Entry
New Delhi, March 23 India will consider resuming the purchase of Iranian oil based on techno-commercial feasibility, a senior government official said after Washington temporarily lifted sanctions to ease pressure on prices following the US-Israeli war on Iran.Historically, India was a major... - K
Global Energy Impact: Iran War Drives Refined Product Surge
Global Oil Disruption: Jet Fuel and Diesel Prices Surge Faster Than Crude Amid Middle East Conflict Refined Products Face Greater Impact Than Crude Oil New Delhi, March 17: The ongoing conflict involving Iran across the Middle East is reshaping global energy markets, with refined petroleum... - K
India Ensures Stable Fuel Supply with Expanded Production and Import Routes
India Secures LPG and LNG Supplies Through Alternative Routes Amid West Asia Crisis Government Moves to Safeguard Domestic Fuel Availability New Delhi, March 11: India has secured supplies of liquefied petroleum gas (LPG) and liquefied natural gas (LNG) through alternative routes following... - K
Treasury Department Issues 30-Day Waiver for Indian Refineries to Buy Russian Oil
US Allows India to Purchase Russian Oil Already at Sea to Ease Global Supply Pressure The United States has allowed India to purchase Russian oil that is already loaded on vessels in waterways, as part of a temporary measure aimed at easing global supply pressures during the ongoing conflict in... - K
India Rebalances Crude Imports as Saudi Arabia Regains Top Spot Amid Softer Russian Flows
Middle Eastern Suppliers Gain Share as Russian Volumes Face Sanctions Pressure New Delhi, February 22: India’s crude oil import strategy is moving into a phase of calibrated rebalancing, with Middle Eastern suppliers led by Saudi Arabia regaining market share even as Russian volumes remain...