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Sanctions-hit Nayara says it's in talks with authorities for smooth operations

New Delhi, Aug. 14 -- Nayara Energy on Thursday said its refinery operations and supply of its petroleum products across the country continue at a "healthy run rate" despite the sanctions imposed by t... Read More


IndianOil reports over 80% growth in Q1 net profit at Rs.6,808 cr on higher sales

New Delhi, Aug. 14 -- State-run Indian Oil Corp. Ltd on Thursday reported an 83% increase in its consolidated net profit to Rs.6,808.12 crore, up from Rs.3,722.63 crore in the year-ago period. Speaki... Read More


India achieves 100 GW domestic solar module capacity under government-approved list

NEW DELHI, Aug. 13 -- As India pushes towards self-reliance in the energy transition, a total of 100 GW of solar module manufacturing capacity has been developed and included under the Approved List o... Read More


For India's oil refiners, the Gulf is calling again

New Delhi, Aug. 13 -- India's state-run oil refiners are looking to crank up oil purchases from the UAE, Saudi Arabia and Iraq amid a standoff with the US over buying Russian oil, two people aware of ... Read More


Illegal mining alerts ignored: Parliament panel calls for state action

New Delhi, Aug. 13 -- Raising concerns over illegal mining and loss of related revenue for states, a parliamentary panel has asked the Centre to write to state governments to complete field verificati... Read More


E20 petrol is safe, says govt, amid engine damage, mileage concerns

New Delhi, Aug. 12 -- The government on Tuesday sought to allay concerns over the 20% ethanol-blended petrol (E20) hurting mileage and damaging vehicle engines, saying that the fuel in fact gave bette... Read More


Zelenskyy calls for limiting Russian oil purchases in conversation with Modi

New Delhi, Aug. 11 -- Prime minister Narendra Modi on Monday spoke to Ukrainian president Volodymyr Zelenskyy and reiterated India's position for a peaceful settlement of the conflict and support for ... Read More


Ukraine's Zelenskyy calls for limiting Russian oil purchases in conversation with Modi

New Delhi, Aug. 11 -- New Delhi: Prime minister Narendra Modi on Monday spoke to Ukrainian president Volodymyr Zelenskyy and reiterated India's position for a peaceful settlement of the conflict and s... Read More


Never mind the US drub, India continues to buy oil from Russia; discount seen rising

New Delhi, Aug. 2 -- India continues to buy oil from Russia notwithstanding the punishing penalty and calling out by the US earlier this week, and it is even reaping a bigger discount. State-owned re... Read More


No slackening of Russian oil supply to Indian refiners

new delhi, Aug. 2 -- India continues to buy oil from Russia notwithstanding the punishing penalty and calling out by the US earlier this week, and it is even reaping a bigger discount. State-owned ref... Read More