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oil company news

Nayara, India’s largest private fuel retailer, cuts prices for petrol, diesel

Back in March, Nayara had increased petrol prices by 5 per litre and diesel by 3 per litre.
Updated on Jul 02, 2026 03:00 pm IST

UAE plans to accelerate oil pipeline construction project to help bypass Hormuz

As Trump Leaves China, US' Gulf Ally Fast-Tracks Big Oil Escape Plan To Bypass Iran’s Hormuz Grip
Updated on May 16, 2026 04:12 am IST

China discovers massive oilfield in South China Sea

An aerial view shows the BRP Sierra Madre on the contested Second Thomas Shoal, locally known as Ayungin, in the South China Sea.
Published on Mar 31, 2025 05:32 am IST

India's energy firms looking to GenAI for cost cuts, efficiency: EY report

Exploration, production, refining and distribution functions are also increasingly using GenAI to streamline operations, enhance safety, and reduce costs.
Published on Feb 25, 2025 04:24 pm IST

'No-go' area of 10 lakh sq km cut by 98%: PM bats for oil, gas exploration

PM Modi inaugurated the first edition of the India Energy Week 2023 in Bengaluru (ANI Photo)
Updated on Feb 06, 2023 06:44 pm IST

Aramaco, Saudi oil giant, records $42.4B profit in third quarter

It put its profits so far in 2022 at $130.3 billion, compared to $77.6 billion in 2021
Published on Nov 01, 2022 03:07 pm IST

Unable to pass on cost, oil companies take emergency steps

Domestic oil companies have resorted to a range of emergency measures such as stopping credit facilities to pump owners and rationing fuel supplies to retail outlets, (PTI)
Updated on May 06, 2022 03:43 pm IST

Lalru dhaba blast: No action by govt despite complaints earlier, say oil companies

The scene of the blast at Lalru on Friday.
Updated on Nov 16, 2020 11:41 pm IST

Donald Trump reaffirms plan to withdraw all US troops from Iraq

The US recognizes the cultural and religious ties that exist between Iran and Iraq, but the administration wants to decrease Iran’s destabilizing influence in Iraq, often exercised by pro-Iranian militias.
Published on Aug 21, 2020 05:48 am IST

‘Price-gouging of India has to stop’: Shashi Tharoor on rising fuel rates

The cumulative increase since the oil companies started the cycle on June 7 now totals to Rs 9.17 for petrol and Rs 11.14 in diesel. (PTI photo)
Updated on Jun 29, 2020 11:34 am IST

Here’s how you can check the latest petrol, diesel prices in your city

A petrol pump employee wearing a face shield while attending to a customer in Wazirpur, New Delhi
Updated on Jun 16, 2020 08:53 am IST

How Covid-19 lockdown has impacted fuel prices and what oil companies are doing

Fuel retailers’ diesel sales were down by about 26 per cent and petrol by nearly 17 per cent in March.
Updated on Apr 08, 2020 08:18 am IST

India to switch to world’s cleanest petrol, diesel from April 1

India will switch to the world’s cleanest petrol and diesel from April 1
Updated on Feb 19, 2020 11:40 pm IST

How will BS-6 fuel impact your pocket? Here’s what oil companies have to say

Domestic petrol and diesel prices are reviewed by oil marketing companies on a daily basis.
Updated on Jan 31, 2020 10:25 am IST

Fuel supply to Air India at six airports restored

Air India has also agreed to pay daily for the fuel it is taking for operations.
Updated on Sept 08, 2019 12:48 am IST

Oil companies restore fuel supply to Air India; airline assures payment of Rs 100 crore per month

Air India incurred a loss of Rs 4,000 crore in 2018-19 and is laden with a debt of Rs 55,000 crore.
Updated on Sept 07, 2019 08:44 pm IST

Oil firms threaten to stop fuel supply to AI at 2 more airports

Sources say, the oil companies threaten to stop fuel supply at Hyderabad and Raipur from first week of September.
Updated on Sept 01, 2019 11:20 am IST

Oil companies stop fuel supply to Air India at 6 airports over non-payment of dues

Image for representation
Updated on Aug 22, 2019 08:40 pm IST

Gen next at the helm in Wipro, Rishad takes over from dad Azim Premji

Wipro had announced last month that its board has approved the appointment of Rishad Premji, the elder of the two sons of Azim Premji, as executive chairman of the company with effect from July 31. (Photo: Hemant Mishra/Mint)
Updated on Jul 31, 2019 12:46 pm IST

Oil company uproots 140 trees from green belt area in Greater Noida

To pave way for a petrol pump and make the main road visible, a government-controlled oil and gas firm allegedly uprooted at least 140 trees at a green belt in Greater Noida.
Updated on Jun 27, 2019 11:37 am IST

US would do everything to ensure India has adequate crude imports: Pompeo

US Secretary of State Michael Pompeo. (Photo by Money SHARMA / AFP)
Updated on May 26, 2020 09:02 am IST

Outstanding tax revenue for Maharashtra at 89,000 crore

The major chunk of the outstanding amount, 65,396 crore, is accrued from sales and value added taxes on motor spirits and lubricants.
Updated on Jun 24, 2019 08:33 am IST

Jharkhand CM sets 60-day deadline for distribution of free LPG connections

Chief minister Raghubar Das reviews the ‘Pradhamantri Ujjawala Yojna’ in Ranchi on Saturday. (HT Photo)
Updated on Jun 23, 2019 02:42 pm IST

Delhi man held for duping people by offering discounts on two-wheelers

The police that the suspect used to take booking amount from victims when he met them to take booking money. Once he took the money, he would stop returning calls.
Updated on Jun 04, 2019 08:07 am IST

Ghaziabad gas agency finds over 3,000 cylinders ‘missing’, role of employee suspected

It is alleged that lesser number of cylinders were shown in records as compared to the actual number received from the bottling plant.
Published on Feb 23, 2019 12:29 pm IST

Venezuelan oil finds home in India as US shuns shipments

Seven Venezuelan oil-laden vessels loaded for U.S. refiners have been stranded since sanctions were announced on Jan. 28, as state-owned Petroleos de Venezuela SA demands upfront payment for the cargoes.
Updated on Feb 18, 2019 12:18 pm IST

Turkish president praises Venezuela’s leader in 1st visit

Turkish President Tayyip Erdogan and Venezuela's President Nicolas Maduro attend a news conference after an agreement-signing ceremony between Turkey and Venezuela at Miraflores Palace in Caracas, Venezuela.
Published on Dec 04, 2018 08:13 am IST

AAP demands rollback of hike in fertiliser rates

Updated on Oct 10, 2018 08:45 pm IST

India to buy Iranian oil in Nov despite US sanctions: Union minister Dharmendra Pradhan

Union minister Dharmendra Pradhan.
Updated on Oct 09, 2018 12:09 am IST

Chandigarh cuts fuel rates by 1.50 per litre

Updated on Oct 07, 2018 10:55 am IST