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ACME signs $1 billion green methanol supply agreement with Japan's Mitsubishi Gas Chemical

New Delhi, July 3 -- ACME Green Molecules on Friday signed a $1 billion binding long-term purchase and sale agreement for 100,000 tonnes of green methanol per annum with Mitsubishi Gas Chemical Compan... Read More


'OMCs may review fuel prices if crude stays low'

new delhi, July 3 -- Union petroleum and natural gas minister Hardeep Singh Puri on Thursday indicated that state-run oil marketing companies (OMCs) could review petrol and diesel prices in the next t... Read More


OMCs may review petrol, diesel prices in 2-3 months if crude stays low, says Minister Puri

New Delhi, July 2 -- Union petroleum and natural gas minister Hardeep Singh Puri on Thursday indicated that state-run oil marketing companies (OMCs) could review petrol and diesel prices in the next t... Read More


All eyes on OMCs' petrol, diesel prices as Nayara cuts fuel rates

New Delhi, July 2 -- Pressure is mounting on state-run oil marketing companies (OMC) to reduce prices of petrol and diesel, after private refiner Nayara Energy cut its retail fuel prices on Wednesday.... Read More


Nayara Energy cuts petrol prices by Rs.5/litre, diesel by Rs.3

New Delhi, July 1 -- Nayara Energy has reduced petrol and diesel prices with effect from Wednesday, 1 July by Rs.5 and Rs.3 per litre, respectively. With this price revision, India's largest private ... Read More


Nayara Energy cuts petrol prices by Rs.5/litre, diesel by Rs.3 as crude eases

New Delhi, July 1 -- Nayara Energy has reduced petrol and diesel prices with effect from Wednesday, 1 July 2026, by Rs.5 and Rs.3 per litre, respectively. The price cut applies to all 7,000 fuel stat... Read More


ACME-IHI JV gets $3 billion CfD subsidy for Odisha green ammonia project

New Delhi, June 30 -- India's Acme Group and Japan's IHI Corp have secured a $3 billion price support from the Japanese government for their green hydrogen joint venture in Odisha, enabling customers ... Read More


Govt lifts restrictions on diesel purchases with effect from 1 July

New Delhi, June 29 -- The government will lift a cap on diesel purchases at retail fuel pumps from 1 July, the Union petroleum ministry said, as the supply situation for crude oil and refined products... Read More


Indian refiners brace for oil volatility after fresh Iran-US strikes

New Delhi, June 29 -- The fragile calm in West Asia has been shattered by fresh US-Iran strikes, clouding the outlook for global oil markets and Indian refiners after last week's easing in crude price... Read More


Refiners brace for crude volatility after Gulf clash

New Delhi, June 29 -- The fragile calm in West Asia has been shattered by fresh US-Iran strikes, clouding the outlook for global oil markets and Indian refiners after last week's easing in crude price... Read More