Speaking at 16th foundation day of India Foundation, Minister for Petroleum and Natural Gas also points out that India’s refinery capacity is set to grow considerably in the near future.

There's fear that Iran might try to choke the Strait of Hormuz, through which 20% of global crude oil is traded. India, ...

India's vegetable oil stocks fell to 1.35 million tons as of May 1, the lowest since July 2020, according to SEA data. Soyoil imports in May rose 10% month-on-month to 398,000 tons, the highest ...

Oil India Limited commenced gas production from its Bakhritibba Discovered Small Field block in Rajasthan’s Jaisalmer district on June 1, 2025, marking a significant milestone for the state ...

India's Crude Oil Imports In March 2025 (Source: Kpler data) Russia: 1,864 thousand bpd Iraq: 920 thousand bpd Saudi Arabia: 565 thousand bpd UAE: 424 thousand bpd US: 289 thousand bpd ...

Sinopec said it has discovered Xinxing and Qintong shale oil fields in eastern China with combined proven reserves of 180 million tonnes. The fields are part of the China's Ministry of Natural ...

In the first 10 days of March, Russian crude oil loadings for India were at around 590 thousand barrels per day (bpd), lower than 1.14 million bpd to China, showed data from commodity market ...

The Middle East’s share of India’s crude oil imports have risen from 51 per cent in December 2024 to 53.89 per cent last month — the highest since October 2022 (53.38 per cent) ...

The following major oil fields in India are yielding oil: The oldest (1882) and one of the largest (65 sqkm) oil field in India at Digboi in Lakhimpur district of,Oil India WikipediaOil India Limited ...

Global energy major BP has pledged to lift oil production by 44% and gas output by 89% from India's largest field off its west coast, under a decade-long contract, according to block operator Oil ...

BP projected an increase in oil production by 44% to 65.41 million tons and gas output by 89% to 112.63 BCM from the Mumbai High field, which was discovered in 1974.

India's top explorer Oil And Natural Gas Corp on Wednesday said energy major BP will act as technical service provider to help boost oil and gas output from the country's largest producing field ...