CASAPALACIOCAZALLA

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Centre proposes rules to recognise higher ethanol fuels

India’s road transport ministry is set to update vehicle emission rules. Higher ethanol fuels like E85 and E100, ...

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West Asia crisis drives up fuel losses for OMCs: ICRA

At crude prices of $120-125 per barrel, marketing margins are estimated at around negative Rs 14 per litre ...

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UAE's OPEC exit: With cartel cracked, oil spills over geopolitics

In a dramatic turn of events, the United Arab Emirates has officially exited OPEC, signaling a significant transformation ...

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Petrol, diesel price hike? Government denies viral claim, terms it as fake

Government has denied reports of increased petrol and diesel prices. A viral social media post claiming price hikes ...

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Oil firms selling petrol at Rs 14 a litre loss, diesel at Rs 18

Indian oil companies face substantial losses on petrol and diesel sales. Elevated crude oil prices are squeezing marketing ...

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LPG under-recoveries may hit Rs 80,000 crore in FY2027 amid West Asia disruptions: ICRA

Indian oil companies face significant financial strain. LPG under-recoveries may reach Rs 80,000 crore by FY2027. Supply disruptions ...

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'100 bn dollar investment': Sagar Adani stresses energy resilience strategy amid West Asia crisis

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Petrol may vanish from your nearby pump, but that would be fine

India is accelerating its move away from petrol and diesel, signaling a post-fossil fuel era for transport. Driven ...

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A 22-day oil clock ticks down in Iran as Strait of Hormuz blockade tightens chokehold

Iran faces a critical shortage of oil storage. Unused capacity is dwindling, potentially leading to significant production cuts. ...

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UAE exit from OPEC could be net positive for India: Sagar Adani

Sagar Adani sees a UAE move away from OPEC as beneficial for India. He stressed energy’s importance for ...