Featured Latest News

India Seeks 2027 LPG Imports From U.S. Through Term Tender

By Uniquetimesorg September 26, 2026 0

India’s state-owned LPG importers have issued a joint tender seeking around 2.75 million metric tons of liquefied petroleum gas from the United States for delivery in 2027, according to a document reviewed by Reuters. Indian Oil, Bharat Petroleum and Hindustan Petroleum are seeking four very large gas carrier cargoes each month under the tender. Each […]Continue Reading

Featured Latest news

Indian Retailers’ LPG Losses Narrow Sharply in August

By Uniquetimesorg August 10, 2026 0

India’s state-run fuel retailers are seeing their losses on subsidised domestic LPG sales narrow significantly in August. The revenue loss has fallen to ₹188 per 14.2-kg cooking gas cylinder, down from ₹500 in July, according to junior oil minister Suresh Gopi. Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum Corp have been selling a […]Continue Reading

Featured Latest News

State Fuel Retailers Face Borrowing Pressure Amid Rising Losses

By Uniquetimesorg June 18, 2026 0

India’s state-run fuel retailers are approaching their borrowing limits as they continue selling petrol, diesel, and LPG below market prices, according to Oil Secretary Neeraj Mittal. The companies have been absorbing significant losses despite rising global crude oil prices. Mittal said revenue losses for state fuel retailers reached nearly ₹1 trillion in the first Continue Reading

Featured Latest news

India Raises Fuel Prices Again Amid Crude Surge

By Uniquetimesorg May 23, 2026 0

Indian state-owned fuel retailers increased petrol and diesel prices for the third time this month as companies attempt to offset losses caused by rising global crude oil prices linked to the Iran war. In New Delhi, petrol prices rose by 0.87 rupees to 99.51 rupees per litre, while diesel prices increased by 0.91 rupees to […]Continue Reading

Featured Latest News

BPCL Boosts Spot Oil Purchases Amid Middle East Supply Disruptions

By Uniquetimesorg May 20, 2026 0

India’s state-run refiner Bharat Petroleum Corporation Limited is reviewing its crude oil import strategy almost daily as disruptions linked to the Iran conflict continue to impact global energy supplies. BPCL Chairman Sanjay Khanna said the company has significantly increased spot crude purchases after force majeure declarations from some Gulf suppliers affected planned Continue Reading

Featured Latest news

India Raises Fuel Prices After Iran War Disrupts Oil Markets

By Uniquetimesorg May 15, 2026 0

India’s state-run fuel retailers have increased petrol and diesel prices by 3 rupees per litre, marking the first retail fuel price hike in four years. The move comes as global crude oil prices surged following disruptions in the Strait of Hormuz caused by the ongoing Iran conflict. In Delhi, petrol prices rose to 97.77 rupees […]Continue Reading

Featured Latest News

BPCL-Sembcorp JV Wins Green Hydrogen Deal

By Uniquetimesorg March 24, 2026 0

A joint venture between Bharat Petroleum Corporation Ltd and Sembcorp Industries has secured India’s lowest-priced green hydrogen supply contract. The venture, NeuEN Green Energy, will supply 10,000 tonnes of green hydrogen annually. The hydrogen will be delivered to Numaligarh Refinery Ltd, where the project will also include setting up a production facility in the Continue Reading

Featured Latest News

Indian Fuel Retailers Seek Advance Payments Amid Global Oil Price Surge

By Uniquetimesorg March 17, 2026 0

Indian state-owned fuel retailers have begun asking petrol pump dealers to make advance payments for gasoline and diesel supplies as mounting losses from retail fuel sales strain their finances. Dealers said the move comes as companies face rising costs while domestic fuel prices remain unchanged, putting pressure on cash flows across the supply chain. Nearly […]Continue Reading

Featured Latest news

Indian Refinery Stocks Slide as Crude Surges on Iran War Fears

By Uniquetimesorg March 9, 2026 0

Shares of major Indian refiners fell sharply on Monday after global oil prices surged amid the escalating conflict involving Iran, the United States, and Israel. Benchmark Brent Crude prices jumped close to $120 per barrel, reaching nearly a four-year high and raising concerns about the near-term profitability of Indian oil marketing companies that rely heavily […]Continue Reading