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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

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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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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 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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Government Says Older E10 Vehicles Can Safely Use E20 Fuel

By Uniquetimesorg July 10, 2026 0

As E20 petrol becomes more widely available across India, the government has clarified that older vehicles designed for E10 fuel can safely use E20 without major concerns. According to the Ministry of Petroleum and Natural Gas, extensive testing by ARAI, Indian Oil Corporation, and SIAM found no significant issues related to engine performance, drivability, startability, Continue Reading

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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

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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

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Domestic Cooking Gas Prices Raised by ₹29 per Cylinder in Delhi

By Uniquetimesorg June 8, 2026 0

Domestic cooking gas prices have been increased in Delhi, with the cost of a 14.2-kg LPG cylinder rising by ₹29 from June 7. The revision raises the retail price from ₹913 to ₹942 per cylinder. The updated rates were announced by Indian Oil Corporation (IOC), India’s largest state-owned fuel retailer and refiner. The new pricing […]Continue Reading

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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

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Indian Oil Raises Industrial LPG, ATF Prices

By Uniquetimesorg May 2, 2026 0

Indian Oil Corporation has increased the prices of industrial liquefied petroleum gas (LPG) and aviation turbine fuel (ATF) for foreign airlines, effective May 1. The price of a 19-kg commercial LPG cylinder saw a sharp hike of ₹993, or nearly 48%, bringing the new rate to ₹3,071.5, according to the company’s statement. The refiner also […]Continue Reading