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

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

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

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

Featured Latest News

Indian Oil and HPCL Secure 8 Million Barrels of Crude Through Global Tenders

By Uniquetimesorg July 6, 2026 0

Indian state-owned refiners Indian Oil Corporation (IOC) and Hindustan Petroleum Corporation Limited (HPCL) have purchased a combined 8 million barrels of crude oil through international tenders, according to trade sources. The acquisitions are aimed at meeting upcoming refinery requirements, although pricing details of the deals were not disclosed. IOC secured around 5 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

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

HPCL Delivers 146 Lakh LPG Cylinders In 10 Days As Digital Bookings Cross 99%

By Uniquetimesorg April 11, 2026 0

Hindustan Petroleum Corporation Ltd (HPCL) delivered 146.4 lakh LPG cylinders between April 1 and April 10, reflecting sustained demand for cooking gas across India. During the same period, the company also handled over 10.7 lakh kilolitres of petrol and diesel, supported by a large fleet of more than 70,000 tankers to ensure uninterrupted fuel supply. […]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