Sunday, 3 July, 2022
TopicIndian Oil

Topic: Indian Oil

Corporate wars are common in India’s oil sector. But it all started with govt, ONGC, OIL

In ‘Unfilled Barrels’, journalist Richa Mishra recounts India's upstream journey in the oil sector from KD Malaviya to ONGC.

Freezing petrol, diesel prices for polls in 5 states cost fuel retailers over Rs 17,000 crore

Indian Oil, Bharat Petroleum and Hindustan Petroleum bore revenue loss as rates were held back between November and the first three weeks of March, Moody’s Investors Service noted.

Saudi Arabia’s oil hawkishness is forcing India to look for other sources

Higher oil prices are likely to add more impetus to India’s push for cleaner sources of energy as the country targets for 40% of its energy needs to come from green sources by 2030.

Diesel demand drop forces India to import gasoline as Covid skews output

The slump in diesel demand is forcing refineries to operate below capacity, but gasoline sales are back at pre-virus levels with people resorting to personal vehicles.

Indian Oil is betting on plastics to deal with oil price volatility

Indian Oil, which operates nine refineries, saw more than a 90% dip in profit in the last fiscal, as volatility in oil and product prices led to narrow or negative margins.

Next problem for Indian economy: Fuel shortage for domestic shipping

Ships hauling everything from coal to iron ore & consumer goods on domestic routes may run out of fuel as India struggles to meet new environmental standards.

On Camera

YourTurn

Richard Hadlee, the speedster who could cast a ‘spell’ even on slow, spinning Indian wickets

Richard Hadlee shares his birthday with his partner-in-crime Ewen John Chatfield. Together, they formed one of the greatest fast-bowling partnerships of all time.
The Reserve Bank of India logo | Photo: Suraj Singh Bisht | ThePrint

RBI intervenes with multi-pronged strategy in battle against rupee fall

The Reserve Bank’s challenges include crashes in forward dollar premiums to rising open interest in futures that adds to pressure on the currency.

Defence

File photo of Prime Minister Narendra Modi and Egyptian president Abdel Fattah Al Sisi on the latter's first visit to India | Photo: Twitter/@narendramodi

India and Egypt work towards building strategic relationship with focus on defence & security

From holding joint military exercises to exporting wheat as Russia and Ukraine stop supplies, New Delhi and Cairo are redrawing their relationship as geopolitical tensions rise.    

Moral, political & ideological questions on Maharashtra: 1st is simplest to answer, 3rd trickiest

What is Shiv Sena’s ideology? We might say it’s been a convenient mix of extreme ethnic chauvinism & unforgiving Hindutva. Within the second, the party retained space to manoeuvre.
×