Rosneft-owned Nayara Energy is rolling out a retrospective relief scheme for petrol and diesel dealers to offset unsold volumes, as the private retailer absorbs ₹30/litre losses and a ₹5/litre pricing gap versus PSU OMCs. Dealer commissions of ₹3.50-3.80/litre remain under strain amid supply disruptions.

ET Small Business · 5/28/2026, 6:55:12 PM

IOC, BPCL and HPCL pushed through a fourth price increase in 11 days, lifting petrol to Rs 115.69 in Hyderabad and Rs 102.12 in Delhi. Private retailers Nayara, Shell and Jio-bp matched the move. With PSUs holding ~90% share and VAT up to 30%, pressure mounts on states to cut taxes.

Times of India · Business · 5/25/2026, 6:38:26 AM

India staggers refinery turnarounds amid Hormuz crisis—Reliance's Jamnagar follows Nayara's Vadinar restart. Govt sees no LPG hit despite 60% import reliance; commercial users rationed, household refill gaps widen as domestic LPG output up 40%.

Indian Express · Business · 5/15/2026, 2:05:09 AM