Bharat Petroleum had indicated a year ago that it expected costs to escalate to about $3.5 to $4 billion because of the forced majeure. File | Photo Credit: Reuters Indicative of a return to normalcy, state-owned refiner Bharat Petroleum informed on Monday (November 10, 2025) that, citing the improved security situation in Mozambique, consortium partners […]
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Image used for representation purpose only. Indian Oil Corp, Hindustan Petroleum Corp, Bharat Petroleum Corp and Mangalore Refinery Petrochemical Ltd — have not sought Russian crude in the past week or so | Photo Credit: Reuters Indian state refiners have stopped buying Russian oil in the past week as discounts narrowed this month and U.S. […]
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Big energy companies clocked huge profits in the first half of this year, making record windfall gains which governments have tried to rein in Big energy companies clocked huge profits in the first half of this year, making record windfall gains which governments have tried to rein in The story so far: Finance Minister Nirmala […]
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