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Bombed Russian refineries, cooler days in Europe: Demand for Indian petro-goods may be about to surge

New Delhi, Oct. 31 -- Crippled refineries in Russia and the advancing winter in Europe are expected to pump up demand for Indian petro-products till the end of March. The Indian refineries may be in p... Read More


Mint Explainer | India's dam diplomacy in Afghanistan and why it rings alarm bells for Pakistan

New Delhi, Oct. 31 -- India has committed to supporting Afghanistan in terms of the development of hydropower projects, a move that marks a new phase in bilateral engagement between the two countries.... Read More


Govt allays concern over power cost rise, state autonomy loss under new bill

New Delhi, Oct. 30 -- In a bid to allay concerns over a potential increase in tariffs for farmers and impact on operations of state-run power distribution companies (discoms) due to the proposed Elect... Read More


Govt preps debt recast plan for discoms, eyes disinvestments

New Delhi, Oct. 30 -- The Centre is preparing a new scheme to recast the massive debt of state-owned power distribution companies (discoms) and open them up to private participation, said two people i... Read More


BPCL, Oil India mull AP refinery JV

New Delhi, Oct. 29 -- State-run Bharat Petroleum Corp. Ltd (BPCL) is exploring a plan to jointly develop its proposed greenfield refinery and petrochemical complex in Andhra Pradesh with public sector... Read More


Blueleaf secures $75 mn funding from British International Investment

NEW DELHI, Oct. 29 -- British International Investment (BII) has committed a $75 million financing facility to Macquarie-owned Blueleaf Energy to help expand its renewable energy capacity in India. T... Read More


IOC says to continue buying Russian oil, and also heed sanctions

New Delhi, Oct. 28 -- India's largest oil refiner, Indian Oil Corp. Ltd (IOC), on Tuesday said it will "absolutely not" halt buying Russian crude and will also comply with international sanctions. The... Read More


Oil India explores equity investments in BPCL's proposed Rs.1 tn refinery in Andhra Pradesh

New Delhi, Oct. 28 -- State-run Bharat Petroleum Corp. is exploring to jointly develop its proposed greenfield refinery and petrochemical complex in Andhra Pradesh with public sector explorer Oil Indi... Read More


Russian oil: IndianOil to abide by all international sanctions

New Delhi, Oct. 27 -- State-run Indian Oil Corp.'s standalone net profit surged multifold in the September quarter, riding on higher refinery margins and better sales. The company reported a net prof... Read More


India stares at $2.7 bn hit as US sanctions two largest Russian oil suppliers

New Delhi, Oct. 23 -- US sanctions on Rosneft PJSC and Lukoil PJSC, the two biggest suppliers of Russian oil, are likely to force Indian refiners to buy from West Asian and other sources that do not o... Read More