Featured Latest News

Chennai Petroleum Plans 33% Refinery Capacity Expansion to 280,000 Barrels Per Day

By Uniquetimesorg August 3, 2026 0

Chennai Petroleum Corporation Ltd (CPCL), a state-run Indian oil company, has announced plans to expand its refining capacity by nearly one-third to 280,000 barrels per day. The company revealed the expansion strategy in its 2025-26 annual report, aiming to strengthen its position in India’s growing energy sector. CPCL currently operates the 210,000 barrels-per-day Manali Continue Reading

Featured Latest News

Reliance Industries Beats Q1 Profit Estimates on Strong O2C, Jio Growth

By Uniquetimesorg July 18, 2026 0

Reliance Industries has reported better-than-expected first-quarter earnings, driven by strong performances in its oil-to-chemicals (O2C), telecom and retail businesses. The company posted a consolidated net profit of ₹20,946 crore for the quarter ended June 30, surpassing analysts’ estimates despite a year-on-year decline due to a one-time gain recorded in the Continue Reading

Featured Latest News

India Waives Import Tax on Petrochemicals Amid Supply Crisis Triggered by Iran Conflict

By Uniquetimesorg April 2, 2026 0

India has abolished import duties on key petrochemical inputs used in the production of plastics and pharmaceutical goods, invoking emergency powers to manage supply disruptions linked to the ongoing Iran conflict. The government’s decision follows a directive to divert domestically produced petrochemical components toward liquefied petroleum gas (LPG) production, as the Continue Reading

Featured Latest news

Indian Oil, HPCL Buy 2 Million Barrels of Venezuelan Oil

By Uniquetimesorg February 9, 2026 0

India’s state‑owned refiners Indian Oil Corporation and Hindustan Petroleum Corporation Ltd have jointly purchased 2 million barrels of Merey crude oil from Venezuela’s Trafigura for delivery in the second half of April, according to trade sources familiar with the deal. IOC is set to lift about 1.5 million barrels and HPCL about 500,000 barrels on a single […]Continue Reading