Oil Companies
Do you know what upstream and downstream companies are? How do changes in crude oil prices impact them?
Crude oil price fluctuations affect upstream and downstream companies differently. Upstream firms benefit from higher prices, while downstream companies experience cost increases and margin pressures.
3 min read14 May 2026India's energy illusion: why ambitious targets mean nothing without a coherent plan
Soaring crude oil prices triggered by the Israel-US-Iran war are straining India's economy, exposing its heavy dependence on imported fossil fuels and a fragile energy strategy.
5 min read13 May 2026Petrol, diesel prices on 12 May: What fuel costs in New Delhi, Mumbai, Kolkata, Bengaluru today
Petrol and diesel prices remained largely unchanged across major Indian cities on 12 May even as concerns over energy security continue to grow amid the escalating West Asia conflict.
2 min read12 May 2026Big oil plows billions into far-flung drilling sites to escape Iran turmoil
Exxon, Chevron and other energy companies are turning to Africa and South America to secure their next generation of prospects.
5 min read20 Apr 2026Won't lower fuel price for consumers, relief only in narrative: Cong slams Centre over excise cuts amid West Asia War
The reaction of the country's principal opposition party comes after the Union government slashed excise duty on petrol to ₹3 per litre and fully exempted diesel from excise duty.
3 min read27 Mar 2026America may be a petrostate. But the energy shock still hurts
And further angers economically frustrated citizens
5 min read20 Mar 2026US-Israel-Iran war: From Bahrain’s Bapco to India’s MRPL, here’s a list of firms invoking force majeure
US-Israel-Iran war: Amid the US-Iran war, several energy firms, including Bapco Energies, QatarEnergy and Kuwait Petroleum Corporation, have invoked force majeure, allowing them to suspend contracts as war-related disruptions hit oil, gas and petrochemical supplies across the Middle East and Asia.
4 min read9 Mar 2026Donald Trump urges US companies to invest $100 billion and repair Venezuela's ‘rotting’ energy industry
Trump urged global oil executives to invest $100 billion in Venezuela to boost oil production, emphasising U.S. protection for their interests.
3 min read10 Jan 2026Venezuela presents a big headache for big oil
It has been decades since the industry relished foreign-policy entanglements
4 min read7 Jan 2026Trump’s hint to oil executives weeks before Maduro ouster: ‘Get Ready’
Now, the U.S. president wants oil companies to grow Venezuela’s production.
5 min read6 Jan 2026Wait for it…
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