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Indian Oil to Invest $256 Million in Kochi–Thoothukudi Gas Pipeline

By Uniquetimesorg September 21, 2026 0

Indian Oil Corporation will invest ₹24.49 billion ($255.6 million) to build and operate a natural gas pipeline connecting Kochi in Kerala with Thoothukudi in Tamil Nadu, the company said on Monday. The 424.65-km pipeline will pass through Kochi, Kanyakumari and Thoothukudi. It will have a total capacity of 6.84 million standard cubic metres per day […]Continue Reading

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Modi, Putin Hold Talks in New Delhi on Trade and Defence

By Uniquetimesorg September 11, 2026 0

Prime Minister Narendra Modi and Russian President Vladimir Putin held talks in New Delhi on Friday, focusing on strengthening bilateral ties in areas including trade, energy and defence. The meeting comes just two weeks after the two leaders met on the sidelines of the Shanghai Cooperation Organisation summit in Bishkek. The discussions are expected to […]Continue Reading

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India’s Coal Power Growth Slows as Renewables Surge

By Uniquetimesorg September 1, 2026 0

India’s coal-fired power generation growth slowed in August as renewable electricity production surged, according to data from Grid-India. Overall electricity generation rose 11.6% year-on-year to 180 billion kilowatt-hours as an extended heatwave and below-average rainfall increased demand for cooling while reducing hydropower output. Renewable power generation, including Continue Reading

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India Offers Incentives to Boost Piped Gas Connections

By Uniquetimesorg August 19, 2026 0

India is offering incentives to city gas distribution companies to increase domestic connections for piped natural gas (PNG), as the country seeks to reduce its dependence on imported liquefied petroleum gas (LPG). The move comes as disruptions linked to the U.S.-Iran conflict have affected fuel shipments and increased import costs. Under the scheme, which takes […]Continue Reading

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HPCL, MRPL Seek Up to 6 Million Barrels of Crude Oil

By Uniquetimesorg August 12, 2026 0

India’s state-run refiners Hindustan Petroleum Corp (HPCL) and Mangalore Refinery and Petrochemicals Ltd (MRPL) are seeking up to a combined 6 million barrels of crude oil through spot tenders, according to documents reviewed by Reuters. The purchases come amid continued uncertainty in global oil shipping routes. HPCL is looking to import up to 4 million […]Continue Reading

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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

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Indian Refiners Secure Middle East, African Crude

By Uniquetimesorg August 5, 2026 0

Indian refiners have increased crude oil purchases from the Middle East and West Africa, with Mangalore Refinery and Petrochemicals Ltd (MRPL) buying one million barrels of Oman crude through a tender, according to trade sources. The cargo was reportedly purchased at a premium of around $3 per barrel over the dated Brent benchmark. State-run Indian […]Continue Reading

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HPCL Buys West African Crude for Rajasthan Refinery

By Uniquetimesorg August 4, 2026 0

Hindustan Petroleum Corporation Limited (HPCL) has purchased two million barrels of crude oil from West Africa through a tender for its 180,000 barrels-per-day Rajasthan refinery, according to trade sources. The cargo is expected to arrive in late September. The deal includes Nigeria’s Okwuibome and Utapate crude grades, which were bought from commodity trader Glencore. Continue Reading

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Indian Oil Boosts Spot Crude Purchases Amid Middle East Supply Disruptions

By Uniquetimesorg August 1, 2026 0

Indian Oil Corporation (IOC), India’s largest oil refiner, has significantly increased its spot crude purchases to offset supply disruptions from the Middle East, according to the company’s finance head, Anuj Jain. Spot purchases have risen from 50% to nearly 84% as the company continues to monitor global developments and adjust its sourcing strategy. The shift Continue Reading

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ONGC to Build 13 Million-Barrel Strategic Oil Reserve in Mangalore

By Uniquetimesorg July 10, 2026 0

India’s Oil and Natural Gas Corporation (ONGC) has announced plans to build a new strategic petroleum reserve (SPR) with a capacity of 1.75 million metric tons, or about 13 million barrels, in Mangalore, Karnataka. The move is aimed at strengthening the country’s energy security following recent global supply disruptions caused by geopolitical tensions. India, Continue Reading