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Searched Tag: indian oil corporation

US Treasury Secretary Scott Bessent (left), a representative image of an Indian oil refinery (centre) and industrialist Mukesh Ambani (right).

US hits Indian refiners, says richest families made excess profit

August 20, 2025, 05:31 PM - 4 min read

The US has accused Indian refiners of profiteering from discounted Russian crude and reselling refined fuels to Europe, warning of additional tariffs as New Delhi’s energy ties with Moscow deepen.

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Nepal Oil Corporation has inaugurated a field office at Lothar.

Nepal, India begin next phase of cross-border fuel pipeline

August 2, 2025, 09:33 PM - 5 min read

Nepal has begun the second phase of a cross-border pipeline to Chitwan with Indian aid, expanding South Asia’s first petroleum corridor and bolstering fuel storage infrastructure.

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