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UK's BP has trimmed its stake in Castrol India after it sold 11.5 per cent stake in the lubricant firm…

20 May 2016 3 Min Read

 ONGC Videsh Ltd has taken a bridge loan of $1.2 billion from a group of foreign banks at a highly…

4 Min Read

The Centre on Thursday told the Delhi High Court that crude oil being a scarce resource, Cairn India, a subsidiary of…

3 Min Read

Prime Minister Narendra Modi will visit Iran on May 22-23 as India looks at stepping up engagement with the sanctions-free…

17 May 2016 3 Min Read

Investors looking for a break from the doom and gloom of the past two years in the oil market need…

5 Min Read

Oil refiner cum retailer Indian Oil Corporation Ltd (IOCL) aims to reach a refining capacity of 9-10 million tonne (mt)…

3 Min Read

Royal Dutch Shell Plc announced that Nitin Prasad will take over from Yasmine Hilton as the Chairman of Shell Companies…

1 Min Read

Numaligarh Refinery Limited ( NRL ) as part of its efforts to implement its bio-refinery project, the first in the…

16 May 2016 2 Min Read

The Centre's green panel has given its nod to RILfor carrying out eight additional exploratory well drilling to ascertain reservoir…

3 Min Read

A rally in U.S. crude oil prices recently has put the market on its firmest footing since the rout started…

5 Min Read

Iran has ended free shipping of crude oil to India and has asked refiners like Mangalore Refineries (MRPL) and Essar…

13 May 2016 4 Min Read

Oil prices fell today on profit- taking, after New York crude reached the highest level this year on signs that…

3 Min Read

Three bankruptcies this week shows that $45 a barrel oil isn’t enough to rescue energy companies on the verge of…

5 Min Read

India plans to shift to a gas-based economy by boosting domestic production and buying cheap liquefied natural gas (LNG) as…

06 May 2016 4 Min Read

Refining giant Indian Oil Corp (IOC) is preparing for a future when batteries will increasingly replace car fuel tanks but…

02 May 2016 4 Min Read

State-owned energy explorers that surrendered 69 inoperative oilfields to the government in 2014 want to be paid for the initial…

5 Min Read

Keen to step up engagement in hydrocarbon sector with Iran, India has conveyed to the Persian Gulf nation that it…

5 Min Read

  The Ministry of Petroleum and Natural Gas will use the balance of ₹2,398 crore saved after filling up the…

27 Apr 2016 3 Min Read

The proposed project will ensure LPG supply to far-flung areas of eastern and north-eastern regions. State-owned fuel retailer BPCL has got green…

3 Min Read

Cairn India has reported net loss of ₹10,948 crore in the fourth quarter of fiscal 2015-16, as the company took…

25 Apr 2016 3 Min Read

Indraprastha Gas Ltd recorded highest CNG sale of 26.7 lakh kg a day this week after more vehicles switched to…

21 Apr 2016 4 Min Read

A deal to freeze oil output by OPEC and non-OPEC producers fell apart on Sunday after Saudi Arabia demanded that…

18 Apr 2016 6 Min Read

ADCO produces hydrocarbon mainly from eleven oil fields; ADNOC owns 60% of ADCO. A consortium of Indian companies led by…

13 Apr 2016 4 Min Read

Importing liquefied natural gas (LNG) is the best alternative remedy for India’s natural gas deficiency Natural gas is considered as…

7 Min Read

Shareholders of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) Pipeline Company Limited today signed an agreement to invest $200 million in studies and engineering…

11 Apr 2016 3 Min Read

ONGC has been formally handed over the physical infrastructure and assets of the Mid & South Tapti field in the…

14 Apr 2015 3 Min Read

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