Ongoing restrictions on Russian crude and refined product flows, coupled with an oversupplied global oil market, are expected to keep crude prices subdued while supporting refining margins, a trend that has direct implications for state-run oil marketing companies IOC, BPCL and HPCL, accordi
Global brokerage Morgan Stanley has re-rated Reliance Industries Ltd (RIL), citing the onset of what it calls the company's "fourth monetisation cycle" and a decisive inflection in cash flows across all major business verticals.
The report highlights that fertilisers are expected to account for about 51% of India's hydrogen demand by 2030, followed by refining at 38% and petrochemicals at 11%. New demand from sectors such as steel, long-haul transport, shipping and power generation is likely to emerge beyond 2030 as
Hydrogen demand is poised to double to nearly 12 million tonnes per annum (mtpa) by 2030, according to a Nuvama Institutional Equities report. The expected rise comes mainly from fertiliser, refining and petrochemical sectors.
Petrobras President Magda Chambriard announced on Tuesday that Brazil intends to expand its national oil-refining capacity to around 400,000 barrels per day by the year 2030. She shared this update during an event at the Abreu e Lima Refinery (Rnest) in Ipojuca, located in the state of Pern
The margins of India's oil marketing companies (OMCs) are unlikely to come under significant pressure despite the United States imposing sanctions on two of Russia's largest crude oil producers, Rosneft and Lukoil, according to a report by Fitch Ratings.
The Directorate of Revenue Intelligence (DRI) has cracked down on a major gold-smuggling syndicate in Mumbai under "Operation Bullion Blaze." The operation uncovered an organised racket involved in smuggling gold into India, melting it in covert furnaces, and illicitly selling the refined
India has access to rare earth elements and can be part of the global supply chain if it focuses on refining and processing capabilities, Adnan Amin, Chairman of the World Energy Council, has said.
Opener Abhimanyu Easwaran has lauded the influence of Team India's head coach Gautam Gambhir, saying the 44-year-old's experience and insights have played a significant role in refining his approach at the crease.
Addressing the inaugural session of the Energy Technology Meet in Hyderabad today, he stated that India's energy journey reflects remarkable progress, driven by visionary policy frameworks, rapid innovation, and sustained investment across refining, biofuels, and green energy.
IndianOil reports its highest ever first-half sales volumes and a sharp rise in profit for April-September 2025, led by stronger refining margins and steady marketing, according to an IndianOil press release.
Brokerages have revised their outlook for Reliance Industries Ltd (RIL) to the upside following the company's strong September quarter results, signaling renewed investor confidence and potential stock re-rating.